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Article
CNN

Cnn: Economists Call It Recession

For Students 9th - 10th
This site is an article that examines the 2001 recession. Looks to economic research and experts to dissect the economic slow down. Includes a brief history of recessions since WWII and links to related stories.
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Article
Other

Nber: Looking for Signs of Recession?

For Students 9th - 10th
From March 2001, this National Bureau of Economic Research article examines the worrisome signs that a recession may not be too far off in the future. Worrisome signs include decreased manufacturing levels, industrial production, and...
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Primary
PBS

Pbs News Hour: Economy Booster Shot

For Students 9th - 10th
In a surprise move, the Fed cut short-term interest rates in January 2001. After more than 2 years of the Fed raising interest rates to control an enthusiastic economy, the Fed cited lower consumer confidence, tight financial markets,...
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Primary
PBS

Pbs Online News Hour: Economic Forecast

For Students 9th - 10th
In early 2001, a group of the nation's top economists got together to comment on the economic slowdown in the US and predict how long it would last and what kind of an impact it would have.
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Primary
PBS

Pbs Online News Hour: Economic Transition

For Students 9th - 10th
In December 2000, while some worried over the outcome of the presidential election, the Federal Reserve was more worried about the apparently slowing economy. In this interview from Jim Lehrer's NewsHour, read about the Fed's concerns...
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Primary
PBS

Pbs Online News Hour: Mounting Losses

For Students 9th - 10th
As unemployment continued to climb well into 2001, Jim Lehrer's NewsHour presents an in-depth discussion about unemployment, which sectors of industry it has hit the hardest, and the most recent unemployment trends.
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Article
CNN

Cnn Money: Bush Says He Inherited Recession

For Students 9th - 10th
CNN article discussing the origins of the 2001 recession. According to Bush and his administration, the US was already in recession when they came to power in January 2001.
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Article
CNN

Cnn Money: Us Unemployment Soars

For Students 9th - 10th
This site discusses the impact of 911 and how, as the economy worsened in 2001, more and more employers cut jobs amounting to the highest job cuts seen in over 20 years.
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Article
CNN

Cnn Money: Does a Recession Loom?

For Students 9th - 10th
What caused the economic recession of 2001? According to this CNN Money article, a lack of consumer confidence to spend money, poor corporate performace, contraction in the manufacturing and retail sales sectors, and job layoffs.
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Article
CNN

Cnn Money: Yardeni: Slump to Spread

For Students 9th - 10th
In 1998, economist Edward Yardeni of Deutsche Bank Securities predicted that the economic difficulties affecting Russia and Asia would soon spread to the US and Europe. In this interview from "Moneyline News Hour with Lou Dobbs," compare...