Although a monetary value can not be placed on the thousands and thousands of Americans who lost their lives in the worst domestic attack ever experienced by the United States the damage to the assets where rather small in comparison to the overall wealth of the nation. The short - term impact on American businesses was relatively small in comparison to the overall long - term economic impact. The immediate effects will mainly hurt businesses such as the air travel, shipping and other related businesses due to the shutting down of the airports. The economic cost to these industries ran into the billions of dollars.

Taking into consideration the enormous loss of potential assets, revenues, and cleaning cost the United States suffered a short - term loss in excess of 100 billion dollars. However in a 9 trillion dollar economy the loss will calculate out t

After the events of September eleventh the airline industry was faced with its most difficult challenges in their short history. One challenge they faced was rebuilding consumer confidence. In order to start the rebuilding process airlines along with the Federal Aviation Association implemented numerous new safety procedures for the boarding of commercial airlines. This has helped the airline industry to rebuild some of the consumer confidence that was lost however Americans will have to get used to waiting in extra long lines and going through a lot more security than they have had to go through in pre September eleventh flights.

Companies with large installations in the World Trade Center are the most directly affected by the terrorist attacks. These are large and successful firms and are expected to make full recoveries.

According to a report done by the Economist, The International Air Transport Association expected 266 of its of its major carriers worldwide to suffer an immediate revenue loss of close to ten billion dollars. The United States alone is expected to have a loss of over four billion dollars in 2001. The devastation to the airline industry also affects a number of other types of businesses and industries. For example the hotel, rental car, and convention industries along with the tourism industries will suffer from extensive immediate revenue losses.

Some industries that will benefit in the long run will include the Department of Defense, Telecommunications companies, and companies that produce a large number of capital goods.

A nation

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Approximate Pages = 4 (250 words per page double spaced)