These 15 Eastern Pennsylvania Non-Financial Corps had their average stock prices increase by an incredible 276% from January 16, 2009 to August 20, 2013. This 276% increase is nearly triple the 94% increase in the S&P 500 Index over the same time span.
Eastern Pennsylvania citizens have to be extremely pleased with the overall stock market performance of their superb Eastern Pennsylvania Non-Financial Companies during the Obama Administration.
On the downside, the 14 Eastern Pennsylvania other than Philadelphia Metro Area Financial Corps didn't do nearly as well, with their average stock prices up only 53% during the same time span. This is pretty similar to what is happening all over the country. It is pretty clear to me that the US Fed as well as the US Congress have both dramatically and continually helped the large New York City-based financial institutions and Fannie Mae, Freddie Mac and Sallie Mae, but have done very little to aid the smaller financial institutions or the people with high interest rate mortgages, very high student education loans, high credit card debts, or sky-high rents.
Below here are the common stock market closing prices of each of these 29 Eastern Pennsylvania other than Philadelphia Metro Area Corps at both the most recent date (August 20, 2013) and also at the date just before President Obama took office in his first term (Jan 16, 2009), as well as the percentage stock market price changes for this period of time:
|Rex Energy||State College||21.26||2.24||849%|
|Rite Aid||Camp Hill||3.48||0.43||709%|
|Penn National Gaming||Wyomissing||52.51||19.71||166%|
|Armstrong World Industries||Lancaster||49.01||19.52||151%|
|Air Products & Chemicals||Allentown||102.23||57.09||79%|
|Average Increase: all 15 Non-Philly Eastern Penn Non-Financial Corps||276%|
|Dow Industrials Index||15,002.99||8,281.22||81%|
|S&P 500 Index||1,652.35||850.12||94%|
|S&P Mid-Cap 400 Index||1,212.38||516.75||135%|
|S&P SmallCap 600 Index||583.58||247.89||135%|
|Citizens Financial Services||Mansfield||46.75||17.43||168%|
|Eastern Insurance Holdings||Lancaster||21.68||10.50||106%|
|Hersha Hospitality Trust||Harrisburg||5.31||2.76||92%|
|Peoples Financial Services||Hallstead||34.00||18.00||89%|
|Penn Woods Bancorp||Jersey Shore||44.19||25.10||76%|
|Penseco Financial Services||Scranton||42.10||35.75||18%|
|Citizens & Northern||Wellsboro||19.89||18.78||6%|
|National Penn Bancshares||Boyertown||10.53||10.63||-1%|
|Average Increase: all 14 Non-Philly Eastern Penn Financial Corps||53%|