On September 11, 2001, almost 3,000 people died from terrorists carrying out suicide attacks against targets in the United States. These attacks were the deadliest on American soil since the Pearl Harbor attack in 1941. This terrifying, humbling, and startling event triggered major U.S. initiatives to combat terrorism.
The 9/11 Memorial & Museum at the World Trade Center in New York City is the country’s principal 9/11 institution documenting its impact and examining its continued significance. The memorial honors those killed in the 2001 attacks with stories of 9/11 captured through media, narratives, and a collection of monumental and authentic artifacts.
For some Americans, 9/11 remains a vivid memory. 97% of Americans were age eight or older at the time and can remember where they were when they heard the news, according to a 2011 survey by the Pew Research Center. However, for many younger Americans, 9/11 is a subject learned secondhand. Our country to remember 9/11 and the memory of those who were lost that tragic day.
The 9/11 attacks had an immediate negative effect on the U.S. economy. Many Wall Street institutions, including the New York Stock Exchange, were evacuated during the attacks. New York City’s economy alone lost 143,000 jobs a month and $2.8 billion in wages in the first three months. The heaviest losses were in finance and air transportation, which accounted for 60 percent of lost jobs. The estimated cost of the World Trade Center damage is $60 billion. The cost to clean the debris at Ground Zero was $750 million.
Although our national security efforts are much stronger than they were 20 years ago, threats from terrorism persist. Over the past decade, The Department of Homeland Security (DHS) has made great strides to secure our nation against attacks or disasters, protect our critical infrastructure and cyber networks, and engage a broader range of Americans in the shared responsibility of security. After 9/11, the war on terror began, air travel transformed, and our country revised its security infrastructure.
SWG1799571-0821e The sources used to prepare this material are believed to be true, accurate and reliable, but are not guaranteed. This information is provided as general information and is not intended to be speciﬁc ﬁnancial or tax guidance. When you access a link you are leaving our website and assume total responsibility for your use of the website you are linking to. We make no representation as to the completeness or accuracy of information provided at this website. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, websites, information and programs made available through this website.
At Jennings Financial Group, we understand that financial planning for your future is scary, especially in today’s economy. However, rest assured we’ve successfully helped clients with all types of backgrounds. We help them happily retire with their financial hopes and dreams. In conclusion, contact us today and we want to help make that dream become a reality for you and your family.