The 2000's

The 2000's

Period: Jan 1, 2000 to Dec 31, 2009

Microsoft Violates Anti-trust Laws

Apr 3, 2000

Microsoft almest gets shut down for violatie anit trust laws.

2000 Economic Indicators

Dec 31, 2000

Inflation Rate= 3.4%
Nominal Household Income= $40,703
Inflation Adjusted Household Income= $55,987
GDP= $12.68 T
Unenployment Rate= 4%
30 Year Mortgage Rate or 10 Year Bond= 8.806%

The Twin Towers Fell

Sep 9, 2001

Planes flew into the twin towers. The New York Stock Exchange did not open for a week after. The United States were under attack

2001 Economic Indicators

Dec 31, 2001

Inflation Rate= 2.8%
Nominal Household Income= $40,965
Inflation Adjusted Household Income= $54,766
GDP= $12.71 T
Unenployment Rate= 4.2%
30 Year Mortgage Rate or 10 Year Bond= 6.97%

2002 Market Crash

Mar 22, 2002

The market reachet lows tha have been seen since 1997, Corpret fraude Scandals with enron. Shareholds lost $74 Billion. Thousands of employees and investors lost there retierment funds.

2002 Economic Indicators

Dec 31, 2002

Inflation Rate= 1.6%
Nominal Household Income= $41,137
Inflation Adjusted Household Income= $54,127
GDP= $12.96 T
Unenployment Rate= 5.6%
30 Year Mortgage Rate or 10 Year Bond= 6.45%

Iraq War

Mar 19, 2003

The Iraq was was launched as a cause of 9/11 terrorist attack, The U.S bombed Baghdad

2003 Economic Indicators

Dec 31, 2003

Inflation Rate= 2.3%
Nominal Household Income= $42,019
Inflation Adjusted Household Income= $54,079
GDP= $13.53 T
Unenployment Rate= 5.8%
30 Year Mortgage Rate or 10 Year Bond= 5.82%

Airplane Crash

Oct 20, 2004

Corpret Airlines fight 5966 crashes in Missouri killing 13. Leaves people afraid to fly.

2004 Economic Indicators

Dec 31, 2004

Inflation Rate= 2.7%
Nominal Household Income= $43,005
Inflation Adjusted Household Income= $53,891
GDP= $13.95 T
Unenployment Rate= 5.7%
30 Year Mortgage Rate or 10 Year Bond= 5.84%

Hurricane Katrina

Aug 25, 2005

Hurikane Katrina devestated New Orleans. It was Consitered the worste natural disaster in history.

2005 Economic Indicators

Dec 31, 2005

Inflation Rate= 3.4%
Nominal Household Income= $44,951
Inflation Adjusted Household Income= $54,486
GDP= $14.37 T
Unenployment Rate= 5.3%
30 Year Mortgage Rate or 10 Year Bond= 5.87%

Change in the Music Industry

Feb 22, 2006

Itunes announces its 1 billionth song downloaded and changes the music industry forever.

2006 Economic Indicators

Dec 31, 2006

Inflation Rate= 3.2%
Nominal Household Income= $46,713
Inflation Adjusted Household Income= $54,892
GDP= $14.72 T
Unenployment Rate= 4.7%
30 Year Mortgage Rate or 10 Year Bond= 6.41%

Terrorists at JFK Airport

Jun 2, 2007

A terror plot to blow up JFK International Airport in New York City. when four terrorists are arrested and charged with its plan.

2007 Economic Indicators

Dec 31, 2007

Inflation Rate= 2.8%
Nominal Household Income= $48,729
Inflation Adjusted Household Income= $55,267
GDP= $14.99 T
Unenployment Rate= 4.6%
30 Year Mortgage Rate or 10 Year Bond= 6.41%

Resession Starts

Sep 26, 2008

The Great Investment banks that stood on Wall St. Began to fall because of a mortgage finacial crisis. The resession starts.

2008 Economic Indicators

Dec 31, 2008

Inflation Rate= 3.8%
Nominal Household Income= $48,762
Inflation Adjusted Household Income= $53,644
GDP= $14.58 T
Unenployment Rate= 5%
30 Year Mortgage Rate or 10 Year Bond= 6.04%

Obama in office

Jan 7, 2009

Obama comes to office and everything starts to look beter. At the end of 2009 therer were signs oof recovery

2009 Economic Indicators

Dec 31, 2009

Inflation Rate= -0.4%
Nominal Household Income= $48,276
Inflation Adjusted Household Income= $53,285
GDP= $14.54 T
Unenployment Rate= 7.8%
30 Year Mortgage Rate or 10 Year Bond= 5.04%