9.11对美国经济的影响英文报告(另有).docVIP

The Impact of the 9/11 Terrorist Attacks on the US Economy The September 11, 2001 attack on the World Trade Center severely shocked the New York City economy,which has effected US economy in many ways. The magnitude of the shock pushed the Citys slowing economy into a recession. The attacks themselves caused approximately $40 billion in insurance losses, making it one of the largest insured events ever.[1] 1 Financial markets In international and domestic markets, stocks of companies in some sectors were hit particularly hard. Stock exchanges closed 1week After the initial panic, the DJIA（Dow-Jones Industrial Average） quickly rose for only a slight drop.Table I highlights the Dow Jones’s resilience to terrorist attacks against U.S, which has running down at the top speed of the 10 events we list. And the crude oil price,as u can see from the picture,the has been risen since 1997, however,it has falled into a valley in 2001. 2. Airlines and aviation 航天航空业 The American Airlines industry was already in trouble due to the recession, but the 9/11 attacks came to worsen the situation. Share prices of airlines and airplane manufacturers plummeted after the attacks. Many airlines were threatened with bankruptcy, and tens of thousands of layoffs were announced in the week following the attacks. 3 Tourism 旅游业 Tourism in New York City also plummeted , causing massive losses in a sector which employed 280,000 people and generated $25 billion per year. In the week following the attack, hotel occupancy fell below 40%, and 3,000 employees were laid off. 4 Consumer Confidence in Regards to Spending personal consumption expenditures and personal income and the disposition of income represent a few of the indicators depicting consumer confidence.Note, however, that the purpose here is to simply point out economic growth and consumer confidence level changes during the year of the attacks 5 Foreign Direct Investments in the United States Foreign investments in the United Stat