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Microsoft almest gets shut down for violatie anit trust laws.
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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% -
Planes flew into the twin towers. The New York Stock Exchange did not open for a week after. The United States were under attack
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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% -
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.
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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% -
The Iraq was was launched as a cause of 9/11 terrorist attack, The U.S bombed Baghdad
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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% -
Corpret Airlines fight 5966 crashes in Missouri killing 13. Leaves people afraid to fly.
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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% -
Hurikane Katrina devestated New Orleans. It was Consitered the worste natural disaster in history.
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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% -
Itunes announces its 1 billionth song downloaded and changes the music industry forever.
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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% -
A terror plot to blow up JFK International Airport in New York City. when four terrorists are arrested and charged with its plan.
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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% -
The Great Investment banks that stood on Wall St. Began to fall because of a mortgage finacial crisis. The resession starts.
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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 comes to office and everything starts to look beter. At the end of 2009 therer were signs oof recovery
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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%