Economics after 911: scrapbook

A plunge in retail sales in the United States has occurred since the September 11 terrorist attacks. But analysts are beginning to assert that the attacks, coupled with a long slowdown, portend more lasting changes in the U.S. economy for consumers, business and government.

The Federal Government is spending more money on security and defense, hoping to patch up the frayed security net.

This will cause the Companies to put more items in inventory because of the threat that supplies may be disrupted.

But nevertheless, companies can return to leaner manufacturing systems only if the terrorism risk lessons. In the meantime, the globalization of markets would be slowed as terror threats curtail the free movement of goods.

Many people have been forced out of their neighborhoods because of the September 11 terrorist attacks on the Pentagon and Twin Towers.

Businesses are also suffering from this horrible event. Some businesses like banks are still without power so they can't work, and many other businesses were abandoned because the business was extremely slow.

But likely, this event will cause winners and also cause many losers.

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