Dow at 10,000: Then and Now
With the Dow Jones Industrial Average crossing the 10,000 point mark for the first time since 2008, we wanted to take a peek back in time to compare what America was like the very first time the Dow crossed 10,000 mark (March 29th, 1999) to today.
What were some of the most cutting-edge products, who was the highest paid athlete, and what were the hottest topics buzzing around the internet? For these and more comparisons, check out the following slideshow!
By Paul Toscano
Posted 14 Oct 2009
Popular TV Shows
1999: Friends, Who Wants To Be a Millionaire (Debut)
2009: American Idol
Apple's Cutting-Edge Computer
1999: iBook G3
2009: MacBook Air
Portable Music Players
1999: Sony CD Walkman
2009: Ipod Nano Video
World's Sexiest Woman
1999: Sarah Michelle Gellar
2009: Cheryl Cole
Source: FHM Magazine
Sexiest Man Alive
1999: Richard Gere
2009: Hugh Jackman (2008)
Source: People Magazine
Hot Topics On The Internet
1999: File sharing service Napster debuts in the summer of 1999.
2009: Twitter has been estimated to be worth as much as $1 billion.
US National Debt
1999: $5.656 trillion (9/30/1999)
2009: $11.909 trillion (9/30/2009)
Source: Treasury Direct
Song of the Year
1999: Britney Spears - Baby One More Time
2009: Black Eyed Peas - Boom Boom Pow*
*Song currently with the most weeks on the top charts while also reaching the #1 spot
Source: Billboard
USA Median Home Prices
1999 Q1: $133,300
2009 Q2: $174,100
Source: National Association of Realtors
World's Richest Person
1999: Bill Gates - $90 billion
2009: Bill Gates - $50 billion
Source: Forbes
Biggest Market Cap
1999:
Microsoft (MSFT) - $452.33 billion
(3/31/99)
2009:
ExxonMobil (XOM) - $335.2 billion
(10/13/09)
Cost of Healthcare
1999:
Nat'l Health Expenditures: $1.265 trillion
GDP: $9.125 trillion
Percent of GDP: 13.9%
2009:
Nat'l Health Expenditures: $2.555 trillion (projected)
GDP: $14.26 trillion (2008)
Percent of GDP: $17.9%
Highest Paid American Athletes
1999: Shaquille O'Neal - 7 years, $120 million
2009: Alex Rodriguez - 10 years, $275 million
Hottest Toys of the Year
1999:
Pokemon, Furby and Furby Babies
2009:
Disney Netpal, Wii Sports Resort
Source: Retailers
Motor Trend Car of the Year
1999: Chrysler 300M
2009: Nissan GT-R
Average US Gas Prices
Oct 1999: $1.29/gallon
Oct 2009: $2.52/gallon
Source: Energy Information Administration
Highest Grossing Film (Worldwide)
1999:
Star Wars Episode 1: The Phantom Menace
Box Office Revenues: $924.3 million
2009:
Harry Potter and the Half-Blood Prince
Box Office Revenues: $927.7 million (To Date)
Best Selling Books
1999:
Fiction: The Testament by John Grisham
Non-Fiction: Tuesdays with Morrie by Mitch Albom
2009:
Fiction: The Lost Symbol by Dan Brown
Non-Fiction: Common Sense by Glenn Beck
Source: Publishers Weekly // New York Times
United States Population
July 1, 1999: 272,690,813
Sept 1 2009: 307,327,042
Source: US Census Bureau
Best Selling Video Game
1999:
Pokémon Gold and Silver
Platform: Game Boy
Released: 1999
Units Sold: Approx. 23 million
2009:
Wii Fit (w/ Balance Board)
Platform: Wii
Released: May 2008
Units sold: 2,434,000
Source: NPD Group