One year after the collapse of Lehman Brothers, Americans are still feeling the effects of the credit crisis that roiled the financial system and crashed the stock market. Many are searching for jobs, recalibrating their investments or quietly licking their wounds. In many cases, their story comes down to a number. And, in many cases, it’s lower than it used to be.
SmartMoney.com gathered several pieces of economic and cultural data to create a snapshot of the country before and after the crash.
Unemployment rate
Aug. 2008: 6.1%
Aug. 2009: 9.7%
Source: Labor Department
People working part-time for economic reasons
Aug. 2008: 5.7 million
Aug. 2009: 9.1 million
Source: Labor Department
Dow Jones Industrial Average close
Sept. 12, 2008: 11,422
Sept. 11, 2009: 9,605
Price of gold
Sept. 12, 2008: $750.25 per ounce
Sept. 11, 2009: $1,006.40 per ounce
Consumer Confidence Index
Aug. 2008: 58.5
Aug. 2009: 54.1
Source: The Conference Board
President’s approval rating
Sept. 8-11, 2008: 31%
Sept. 5-8, 2009: 51%
Source: Gallup
Price of a gallon of gasoline
Sept. 15, 2008: $3.867
Sept. 7, 2009: $2.519
Source: Energy Department
Price of a gallon of milk
July 2008: $3.96
July 2009: $2.99
Source: Labor Department
Average price of a SanDisk 2-Gigabyte Secure Digital Card
Sept. 9, 2008: $13.10
Sept. 9, 2009: $11.38
Source: PriceGrabber.com
Manufacturer’s suggested retail price of a new Ford Focus
2009 model: $15,520 (up 7.8% from 2008 model)
2010 model: $15,995 (up 3.1% from 2009 model)
Source: Consumer Guide Automotive
S&P/Case-Shiller home price index for 20 U.S. metropolitan regions
June 2008: 167.69
June 2009: 141.31
Source: Standard & Poor’s