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Economic Value

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1. 1995- TWA Flight Wreckage caused an increase in airport security increasing ticket prices and wait time.
2. 1996- The terrorist attack disrupted an international event which generated thousands of business transactions during the Centennial Park Bombing.
3. 1997- President Clinton barred federal funding for any research on human cloning. This would slow the introduction of new medicines developed from human cloning research.
4. 1998- iMac was launched in 1998 and today it has become one of the most popular desktop computers in the world.
5. 1999- Mobile wireless file sharing came into the picture with the invention of Bluetooth technology. It was not fast like cable transfers, but it was a major step towards mobile data sharing and was immensely popular for wireless headsets.
6. 2000- Trek Technology and IBM began selling the first USB flash drives commercially in 2000 that changed the way the world stored information.
7. 2001- September 11, 2001 terrorist attacked the World Trade Center and the Pentagon. This major event created much uncertainty in the stock market.
8. 2002- Starbucks entered into licensing agreements with National Fair Trade organizations to sell Fair Trade Certified coffee in countries where Starbucks does business. 5,886 stores were opened this year.
9. 2003-Invasion of Iraq Operation “Iraqi Freedom” commences. This generated uncertainty over the Middle East oil supplies.
10. 2004- Created in 2004, Facebook became the world’s largest social network, with over a billion users worldwide. Facebook went public in at an exceedingly ambitious valuation of more than $100 billion. It was the third-largest public offering in the history of the United States, behind General Motors and Visa.
11. 2005- Hurricane Katrina uprooted many families from the region and damaged the tourist economy of New Orleans.
12. 2006- The federal government in 2006 continued to run large deficits—financed in large part by overseas investors—resulting in higher interest payments out of the U.S. Treasury.
13. 2007- In January 2007, Steve Jobs introduced the long-anticipated iPhone, a convergence of an Internet-enabled smartphone and iPod.
14. 2008- Weight loss has never been easier. Nintendo's Wii Fit, which is more a fitness tool than a video game, is an interactive training program that guides you through strength-building, yoga, aerobics and balance exercises.
15. 2009- President Obama obtains Congressional approval for the $787 billion stimulus package.
16. 2010- The Deepwater Horizon oil rig in the Gulf of Mexico explodes, sending millions of gallons of oil into the sea.
17. 2011- Fuel efficiency standards were boosted and will nearly double the fuel economy for cars and trucks by 2025.
18. 2012-2013- Connecticut Shooting: It may lower gun sales. Those people lose money.

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