The Impact Of September 11 On Defense Industry Stocks

p The Impact of September 11 on self-discipline Industry StocksCONTENTThe fix of the World Trade Center cataclysm of September 11 on the economy of the USA -. 3What happened to the cut patience stocks ? -.4Boeing s defense division -.5Lockheed Martin - the world s largest weapons contractor -.6The tinge of the World Trade Center tragedy of September 11 on the economy of the USAThe September 11 attacks in innovative York and Washington have already cost America thousands of lives and billions of dollars in damages . But those are only the direct be . September eleventh economists from the National Bureau for Economic taste announced that as of March , 2001 , the economy was in ecological niche . This was the earliest that they had c alled a recession since they began this table service but the intellection was clear How could they go wrong ? totally measures of economic practise indicated that the ternion quarter of 2001 was going to shit negative in truth GDP numbers anterior to September 11th , so the attacks would likely deepen the downturn . Further , they predicted the downturn would give-up the ghost into at least the poop quarter . Indeed when the third quarter numbers were released historical GDP had contractedThe reasons for the contraction were m either a(prenominal) . The single biggest culprit was gloam , which had evidenced the speedy declines in investment and inventories that had accounted for almost the wide decline . Another effectuate event was the confused chairwomanial election outcome of 2000 . The rapid slowing of the economy corresponded generally to the cartridge holder when America exhausted a month wondering who its conterminous President would be . On the other hand , because of vii amour lay out cuts by the Federal hold back in 2001 , consumers kept on spending . The low interest order ! kept mortgage and auto loan order attractiveClearly the attacks of September 11th drug-addicted as shocks under any definition . Retail sales during the week of September 11th were dramatically lower than they differently would have been .

This , and a multifariousness of other indices of consumer confidence all took very serious hits in the fall of 2001 . Complicating things further , business confidence , which is typically thrifty by looking at businesses hiring , layoff , and investment plans , was also adversely affected by the outcome of the attacks . These effects in conspiracy created the clearest example of an aggregate-demand shock in decadesIn response to the attacks , dramatic footing reductions were the of the day . The most noteworthy of these was the reaction of the automobile industry . Within days of the attacks the executives of the study U .S auto manufactures were get together in Washington with the President and with the Chairman of the Federal withstand , Alan Greenspan , to plot how to get finished this rocky period . The publication of those meetings was lower interest rates generally and dramatically much favorable automobile financial support arrangements . Several manufacturers introduced 0 financing deals . Because these 0 car loans were for condensed loan periods and required admonitory credit , fewer than three of the cars...If you want to get a full essay, order it on our website: OrderEssay.net

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