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Scary Economic Statistic Of The Day

by @ 5:42 pm on March 3, 2009. Filed under Auto Industry, Business, Economics

This certainly puts things into perspective:

As reported by the AP, the Dow Jones Industrial Average (DJIA) fell to 6,763.29 yesterday, its lowest level since April 25, 1997.

That weekend, Volcano topped the box office, Princess Diana was still 4 months from her tragic death, and Barry Bonds was skinny.

From that point in 1997, it took nearly 126 months to reach its all-time high of 14,164.53 on October 9, 2007. It took a mere 17 months to come tumbling back down.

Yikes.

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One Response to “Scary Economic Statistic Of The Day”

  1. steveegg says:

    That is scary.

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