9/11 Ground Zero Memorial

Eighteen years ago today, the US suffered the worst terrorist attack in its modern history.
Since that time, America has grown and changed.
Here are ten charts that illustrate how America’s population, economy, and government have changed since 2001.
Visit Business Insider’s homepage for more stories.

Eighteen years ago today, a group of terrorists hijacked four airplanes, crashing two into the twin towers of the World Trade Center, one into the Pentagon, and one in rural Pennsylvania.

Since that time, America has grown and changed.

Here are 10 charts that illustrate how America’s population, economy, and government have changed since 2001.

The population of the US has grown dramatically since 9/11.

There were about 40 million more Americans in 2018 than in 2001.

The US economy has grown dramatically since 2001 as well.

With the notable and major exception of the Great Recession in the late-2000s, real GDP, a broad measure of overall economic activity, has increased over the last 18 years.

The economy has seen its ups and downs in the last eighteen years.

The dot-com bubble burst in 2001, leading to a relatively short and mild recession. Later in the decade, the collapse of the US housing market led to a massive financial crisis and much deeper recession followed by a slow but steady recovery over the next ten years.

The typical American family’s standard of living has oscillated in the years since 2001, with recessions and recoveries having a big impact on how the economy is felt by normal people.

Median real household income, which measures the total income from work, investments, and other sources for a family or other group of people living together right in the middle of the income distribution, was mostly flat between 2001 and the onset of the Great Recession. After plummeting in the years after the economy took its dive, the typical …read more

Source:: Business Insider

      

(Visited 1 times, 1 visits today)

Leave a Reply

Your email address will not be published. Required fields are marked *