It always seemed to me that terra lerts' were used early on to deflect from bad economic news. This particular alert deflected attention away from the fact that our economy was slipping into the gutter....
December 7, 2001 (this news would have been known prior to its release...bad economic news coming....issue a terra lert')
NEW YORK (CNN/Money) - The U.S. unemployment rate jumped to 5.7 percent in November - the highest in six years - as employers cut hundreds of thousands more jobs in response to the first recession in a decade in the world's largest economy.
http://money.cnn.com/2001/12/07/economy/economy/
November 27, 2001
Consumer confidence fell for the fifth consecutive month in November. The Conference Board Consumer Confidence Index was 82.2, dropping 3.1 points from the revised 85.3 in October. Economist's forecasted index for November was 86.5. The Consumer Confidence Survey is based on a representative sample of 5,000 U.S. households.
http://www.ded.mo.gov/business/researchandplanning/indicators/consumer_confidence/nov2001.shtml
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