Confronted by the numerous rising adversities to deal with at the time, the United States economy had been imprinted by the attacks that took place on September …show more content…
With the economy having such a grand downturn, it became vulnerable to any economic surprises, such a decrease in stocks, or increases in prices. To rebuild after the attack, businesses reduced their spendings, spendings were dropped, markedly the building of new constructions of factories dropped (Leonhardt). The 2001 recession was one of the outcomes of the economy’s downturn. In those months, where the recession continued, the United States economy had shrunk, consumerism had gone