- On December 31, 2007 during President Bush's second term
- On March 6, 2009, very early in President Obama's first term, which was the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and
- also on May 16, 2014
The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 3 Alaska Companies had their equally-company-weighted average stock market prices decline by a massive 53% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But in the slightly more than five years since March 6, 2009, the equally-company-weighted average stock market prices of these same 3 Alaska Companies have increased by a spectacular 529% through May 16, 2014, led by Alaska Air Group.
And all 3 Alaska Companies had their stock market prices more than double in the most recent roughly 5 years.
The State of Alaska is blessed to have two equally exceptional US Senators.....Democrat Mark Begich and Republican Lisa Murkowski. I would stack them up against any other pair of US Senators from the same State. They both work exhaustively hard and very effectively for all of their Alaska businesses and citizens. And they both are very likable and also very willing to work across the aisle, and frequently do so.....something very rare in the present US Congress.
From the US Bureau of Labor Statistics, the US unemployment rate doubled from 5.0% in December 2007 to 10.0% in October 2009, early in President Obama's first term which was the very lowest point for the US Labor Market due to the lagging spillover effects resulting from the disastrous 2008 Financial Meltdown.
And then with the US economic stimulating actions of the Obama Administration, supported by both a Democratic controlled US Senate and US House (at the time), taking full effect, coupled with the Quantitative Easing by the US Fed, the US unemployment rate declined sharply from 10.0% in October 2009 to 6.3% in the most recently reported April 2014.
In like manner, Alaska's unemployment rate increased from 6.2% in December 2007 to 8.1% in October 2009. And then with the US economic stimulating actions of the Obama Administration, supported by both a Democratic controlled US Senate and US House (at the time), going full throttle, coupled with the Quantitative Easing by the US Fed plus with very proactive initiatives of both Murkowski and Begich, the Alaska unemployment rate declined from 8.1% in October 2009 to 6.4% in the most recently reported April 2014.
Alaska citizens should be very pleased with the exceptionally strong performance of their Alaska Companies during the Obama Administration.
Below here are the stock market prices of these 3 Alaska Companies on May 16, 2014, on March 6, 2009, and on December 31, 2007, along with the related % Changes for these two periods of time:
| Market | Market | ||||||
| Price | Price | ||||||
| % | % | ||||||
| Change | Change | ||||||
| Market | Market | Market | 3-6-09 | 12-31-07 | |||
| Price | Price | Price | to | to | |||
| Alaska Company | HQs | 5-16-14 | 3-6-09 | 12-31-07 | 5-16-14 | 3-6-09 | |
| $s | $s | $s | |||||
| Alaska Air Group | Seattle | WA | 95.61 | 7.54 | 12.50 | 1168% | -40% |
| Northrim Bancorp | Anchorage | AK | 23.90 | 6.90 | 21.32 | 246% | -68% |
| General Communication | Anchorage | AK | 11.25 | 4.11 | 8.75 | 174% | -53% |
| Average % Change all 3 | 529% | -53% |
