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Period: to
Business Project ; By : Ryan Matarese, Michael Rubin, and Ethan Trester
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Inflation
The inflation for the year 2000 was 1.6% -
Consumer Spending CCI
The Consumer CCI for this time was $8,389.7 -
Consumer Price Index
The Consumer price index for this time was 44.6% -
GDP
The GDP at this time was $9.764 trillion -
GDP per capita
The GDP per capita at this time was 50,381.7 -
Unemployment Rate
The Unemployment Rate at this time was 4.01% -
Interest Rate
The interest rate at this time was 0.63% -
The business cycle
The business cycle at this time was 0.6% -
Monetary Policies
Minutes of Federal Open Market Committee, November 15, 2000
December 19, 2001
FOMC statement
November 16, 2002
Minutes of Federal Open Market Committee, October 3, 2000
November 15, 2003
FOMC statement
October 5, 2004 -
Inflation
The inflation for this time was 0.8% -
Fiscal Policies
US economic growth turned negative in 2001 following the stock market reversal and the terrorism attacks of September 11. Fiscal policy was shifted through tax cuts, tax reforms, and direct cash payments to individual taxpayers. -
Consumer Spending CCI
The consumer spending CCI for this time was $11,910 -
Consumer Price Index
The Consumer Price Index was 49.1% -
GDP per capita
The GDP per capita was 49,399 -
GDP
The GDP at this time was $13.85 trillion -
Unemployment Rate
The unemployment rate at the time was 5.1% -
Interest Rate
The interest rate at this time was .89% -
Business Cycle
The business cycle for this time was having a strong dollar and being able to get more for one single dollar. -
Monetary Policies
The monetary policies at this time were changing in the way that was less restrictive on the USD and making it more open to other countries -
Inflation
The inflation at this time was 1.5% -
Fiscal Policy
The fiscal policy at this time was that economic growth began to grow back to its normal status as one of the best in the world -
Consumer Spending CCI
The Consumer Spending CCI at this time was $10,920 -
Consumer price index
The consumer price index at this time was 43.2% -
GDP per capita
The GDP per capita at this time was 48,374 -
GDP
The GDP for this time was $14,964 billion -
Unemployment Rate
The unemployment rate at this time was 9.8% -
Interest Rate
The interest rate for this time was .4% -
Business Cycle
Strong dollar. Low oil prices. Fed raised rate. Heavily Expanding. -
Monetary Policies
The Federal Reserve also began to normalize its lending to commercial banks through the discount window by reducing the maximum maturity of loans extended through the primary credit facility from 90 days to 28 days, effective on January 14. The rate charged on primary credit loans was increased from 1/2 percent to 3/4 percent effective February 19. -
Fiscal Policies
The fiscal policies for this time show ways that can increase growth financially for the United States in the future