The Macroeconomic Impacts of the 9/11 Attack: Evidence from Real-Time Forecasting

http://www.dhs.gov/xlibrary/assets/statistics/publications/ois_wp_impacts_911.pdf

Examines the macroeconomic impacts of the 9/11 attack on U.S. real GDP growth and the unemployment rate. Real GDP growth fell immediately after the attack but recovered completely; unemployment fell and never recovered. Working paper from the Department of Homeland Security.

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