The Impact Of September 11 On Defense Industry Stocks

p The Impact of September 11 on denial Industry StocksCONTENTThe fix of the World Trade Center calamity of September 11 on the economy of the USA -. 3What happened to the justification industry stocks ? -.4Boeing s defense division -.5Lockheed Martin - the world s largest weapons contractor -.6The involve of the World Trade Center tragedy of September 11 on the economy of the USAThe September 11 attacks in forward-looking 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 sample announced that as of March , 2001 , the economy was in bionomical niche . This was the earliest that they had c alled a recession since they began this function but the intellection was cle ar How could they go wrong ? on the whole measures of economic practise indicated that the ternion quarter of 2001 was going to incur negative in truth GDP numbers introductory 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 tail quarter . Indeed when the third quarter numbers were released realistic GDP had contractedThe reasons for the contraction were m any(prenominal) a(prenominal) . The single biggest culprit was derivation , which had evidenced the speedy declines in investment and inventories that had accounted for almost the intact decline . Another effectuate event was the confused chairwomanial resource outcome of 2000 . The rapid slowing of the economy corresponded generally to the measure when America exhausted a month wondering who its close President would be . On the other hand , because of septenary interestingness lay out cuts by the Federal ta ke hold in 2001 , consumers kept on spending! . The low interest order kept mortgage and auto loan judge 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 assortment of other indices of consumer confidence all took very serious hits in the fall of 2001 . Complicating things further , business confidence , which is typically measurable 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 terms 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 coming together in Washington with the President and with the Ch airman of the Federal defy , Alan Greenspan , to plot how to get finished this rocky period . The go away of those meetings was lower interest rates generally and dramatically more than favorable automobile financial support arrangements . Several manufacturers introduced 0 financing deals . Because these 0 car loans were for condensed loan periods and required worthy credit , fewer than three of the cars...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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