Wednesday, October 14, 2009

The Great Recession in Numbers

The numbers tell the story
A year ago this weekend, the Dow Jones industrial average had just finished a slow-motion crash. Over eight days, it fell 2,400 points, or 22 percent, and stood at 8,451. One year later, the Dow is at 9,865. It's up 51 percent from a 12-year low of 6,547 on March 9 — when some investors feared the financial world was coming to an end. But the complete story of the Dow's journey since the economy soured goes back a little further. Two years ago this week, on Oct. 7, 2007, the Dow set its record high of 14,164. More>>