- 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 the most recent date May 13, 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 North Dakota Companies had their average stock market prices decline by 31% 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 average stock market prices of these same 3 North Dakota Companies have increased by 87% through May 13, 2014.
In similar fashion, the US unemployment rate increased 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 a somewhat like manner, North Dakota's unemployment rate increased from 3.0% in December 2007 to 4.0% in October 2009. Since then North Dakota's unemployment rate declined from 4.0% in October 2009 to only 2.6% in the most recently reported April 2014.
Below here are the stock market prices of each of these 3 North Dakota Companies on May 13, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
North Dakota Company | HQs | 5-13-14 | 3-6-09 | 12-31-07 | 5-13-14 | 3-6-09 | |
$s | $s | $s | |||||
MDU Resources Group | Bismarck | ND | 34.23 | 13.21 | 27.61 | 159% | -52% |
Titan Machinery | West Fargo | ND | 16.51 | 8.17 | 13.10 | 102% | -38% |
Investors Real Estate Trust | Minot | ND | 8.79 | 8.77 | 8.97 | 0% | -2% |
Average % Change all 3 | 87% | -31% |