chapter  9
10 Pages

PricewaterhouseCoopers

The attacks on September 11, 2001, have had a far-reaching impact on American businesses. Economists who predict and study business trends analyzed data comparing the state of the economy prior to September 11 to the months that followed the attack. According to an article in The Washington Post, the U.S. economy, which was already weakening in the summer of 2001, ground to a virtual halt in mid-September. Many businesses ceased functioning, theaters went empty, airlines stopped flying, advertisements were pulled, and the Dow Jones industrial average plunged nearly 685 points.