- 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 July 10, 2014
The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 60 Connecticut Companies had their average stock market prices decline by a massive 55% 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 five years and four months since March 6, 2009, the equally-company-weighted average stock market prices of these same 60 Connecticut Companies have increased by a spectacular 416% through July 10, 2014.
In similar fashion on the employment front, 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 spillover effects resulting from the disastrous 2008 Financial Meltdown.
And then with the US economic stimulating actions of the Obama Administration 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 6.1% in the most recently reported June 2014.
In like manner, Connecticut's unemployment rate nearly doubled, going from 4.9% in December 2007 to 8.7% in October 2009. And then with the US economic stimulating actions of the Obama Administration going full throttle, coupled with the Quantitative Easing by the US Fed, the Connecticut State unemployment rate declined from 8.7% in October 2009 to 6.9% in the most recently reported May 2014.
Connecticut State Citizens must be very pleased with both the outstanding performance of nearly all of their Connecticut Companies as well as the significant drop in the Connecticut State Unemployment rate during the Obama Administration.
Below here are the stock market prices of each of these 60 Connecticut Companies on July 10, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:
|XL Group plc||Stamford||CT||33.32||2.95||50.31||1029%||-94%|
|Harford Financial Services Group||Hartford||CT||36.20||3.62||87.19||900%||-96%|
|Starwood Hotels & Resorts||Stamford||CT||84.34||9.52||44.03||786%||-78%|
|The Phoenix Companies||Hartford||CT||48.25||5.80||237.40||732%||-98%|
|Genesee & Wyoming||Darien||CT||103.09||17.61||24.17||485%||-27%|
|Achillion Pharmaceuticals||New Haven||CT||7.03||1.48||4.99||375%||-70%|
|Stanley Black & Decker||New Britain||CT||86.09||23.56||48.48||265%||-51%|
|Ethan Allen Interiors||Danbury||CT||23.62||7.10||28.50||233%||-75%|
|FactSet Research Systems||Norwalk||CT||119.57||36.88||55.70||224%||-34%|
|SI Financial Group||Willimantic||CT||11.20||3.54||9.84||216%||-64%|
|Star Gas Partners LP||Stamford||CT||6.42||2.51||3.97||156%||-37%|
|Compass Diversified Holdings||Westport||CT||18.43||7.35||14.90||151%||-51%|
|Urstadt Biddle Properties||Greenwich||CT||20.85||10.37||15.50||101%||-33%|
|Magellan Health Services||Avon||CT||62.19||32.84||46.63||89%||-30%|
|United Financial Bancorp||Glastonbury||CT||12.99||6.97||12.20||86%||-43%|
|Interactive Brokers Group||Greenwich||CT||22.76||13.37||32.32||70%||-59%|
|Information Services Group||Stamford||CT||4.55||3.06||6.85||49%||-55%|
|World Wrestling Entertainment||Stamford||CT||11.52||9.53||14.76||21%||-35%|
|People's United Financial||Bridgeport||CT||15.06||16.87||17.80||-11%||-5%|
|Revolution Lighting Technologies||Stamford||CT||2.46||6.60||4.90||-63%||35%|
|Average % Change all 60||420%||-55%|