During this five years and five months period of time from March 6, 2009 through August 14, 2014, the Democrats controlled the US Senate.
I found 67 Companies Headquartered in Georgia in Google or Yahoo's superb Finance websites with current Total Stock Market Capitalizations of at least $100 mil and which also had their common stocks trading on each of the following three dates:
- On December 31, 2007 during President Bush's second term
- On March 6, 2009, 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 August 14, 2014
The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 70 Georgia Companies had their equally-company-weighted average stock market prices decline by a massive 55% from December 31, 2007 during President Bush's second term to March 6, 2009, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown. Both Georgia US Senators were Republicans and George W. Bush was President when the disastrous 2008 Financial Meltdown occurred.
But in the five years and five months since March 6, 2009 through August 14, 2014, when the Democrats were in control of the US Senate, the equally-company-weighted average stock market prices of these same 70 Georgia Companies have increased by a spectacular 479%.
Thus in the six years and seven months from December 31, 2007 before the 2008 financial meltdown occurred to the most recent date August 14, 2014, the equally-company-weighted average stock market prices of these same 70 Georgia Companies have increased by a very impressive 85%...... yeah, they have not just recouped the massive amount they lost with the disastrous 2008 financial meltdown, but also added another 85%.
Below here are the stock market prices of each of these 70 Georgia Companies on August 14, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:
Market | Market | Market | ||||||
Price | Price | Price | ||||||
% | % | % | ||||||
Change | Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | 12-31-07 | |||
Price | Price | Price | to | to | to | |||
Georgia Company | HQs | 8-14-14 | 3-6-09 | 12-31-07 | 8-14-14 | 3-6-09 | 8-14-14 | |
$s | $s | $s | ||||||
DEMOCRAT | ||||||||
US SENATE | ||||||||
CONTROL | ||||||||
Asbury Automotive Group | Duluth | GA | 70.41 | 2.40 | 15.05 | 2834% | -84% | 368% |
Gray Television | Atlanta | GA | 10.44 | 0.38 | 8.02 | 2647% | -95% | 30% |
Carmike Cinemas | Columbus | GA | 34.15 | 1.30 | 7.26 | 2527% | -82% | 370% |
Oxford Industries | Atlanta | GA | 61.71 | 3.50 | 25.77 | 1663% | -86% | 139% |
Fidelity Southern Corp | Atlanta | GA | 13.59 | 0.93 | 7.58 | 1364% | -88% | 79% |
Graphic Packaging Holding | Atlanta | GA | 12.18 | 0.85 | 3.69 | 1333% | -77% | 230% |
Innotrac | Atlanta | GA | 8.19 | 0.60 | 3.61 | 1265% | -83% | 127% |
Beazer Homes USA | Atlanta | GA | 17.50 | 1.45 | 37.15 | 1107% | -96% | -53% |
MiMedx Group | Marietta | GA | 7.07 | 0.68 | 6.35 | 940% | -89% | 11% |
Neenah Paper | Alpharetta | GA | 54.55 | 5.26 | 29.15 | 937% | -82% | 87% |
Popeyes Louisiana Kitchen | Atlanta | GA | 39.44 | 3.92 | 11.32 | 906% | -65% | 248% |
Delta Airlines | Atlanta | GA | 38.40 | 4.06 | 14.89 | 846% | -73% | 158% |
RPC Inc | Atlanta | GA | 22.18 | 2.41 | 5.20 | 821% | -54% | 326% |
Interface | Atlanta | GA | 17.32 | 1.98 | 16.32 | 775% | -88% | 6% |
Manhattan Associates | Atlanta | GA | 30.70 | 3.53 | 6.59 | 770% | -46% | 366% |
Saia Inc | Johns Creek | GA | 47.72 | 5.51 | 8.87 | 766% | -38% | 438% |
Mohawk Industries | Calhoun | GA | 139.92 | 18.24 | 74.40 | 667% | -75% | 88% |
Newell Rubbermaid | Atlanta | GA | 33.49 | 4.71 | 25.88 | 611% | -82% | 29% |
Schweitzer-Mauduit Intl | Alpharetta | GA | 43.72 | 6.85 | 12.96 | 539% | -47% | 237% |
Acuity Brands | Atlanta | GA | 117.01 | 20.82 | 45.00 | 462% | -54% | 160% |
Post Properties | Atlanta | GA | 55.05 | 10.15 | 35.12 | 442% | -71% | 57% |
Arris Group | Suwanee | GA | 31.49 | 6.37 | 9.98 | 394% | -36% | 216% |
Ocwen Financial | Atlanta | GA | 26.38 | 5.38 | 3.34 | 390% | 61% | 691% |
Carter's | Atlanta | GA | 79.55 | 16.30 | 19.35 | 388% | -16% | 311% |
Numerex | Atlanta | GA | 11.23 | 2.34 | 8.25 | 379% | -72% | 36% |
NCR | Duluth | GA | 32.14 | 6.80 | 25.10 | 373% | -73% | 28% |
Coca-Cola Enterprises | Atlanta | GA | 47.14 | 10.00 | 26.03 | 371% | -62% | 81% |
Home Depot | Atlanta | GA | 83.86 | 18.00 | 26.94 | 366% | -33% | 211% |
Mueller Water Products | Atlanta | GA | 8.95 | 1.98 | 9.52 | 352% | -79% | -6% |
AFLAC | Columbus | GA | 60.11 | 13.44 | 62.63 | 347% | -79% | -4% |
Cumulus Media | Atlanta | GA | 4.64 | 1.07 | 8.04 | 334% | -87% | -42% |
Axiall | Atlanta | GA | 39.95 | 9.75 | 165.50 | 310% | -94% | -76% |
Rock-Tenn | Norcross | GA | 95.20 | 23.75 | 25.41 | 301% | -7% | 275% |
Invesco Ltd | Atlanta | GA | 39.26 | 9.83 | 31.38 | 299% | -69% | 25% |
Heritage Financial Group | Albany | GA | 20.25 | 5.08 | 11.25 | 299% | -55% | 80% |
SunTrust Banks | Atlanta | GA | 36.97 | 9.36 | 62.49 | 295% | -85% | -41% |
Equifax | Atlanta | GA | 77.30 | 20.21 | 36.36 | 282% | -44% | 113% |
Genuine Parts | Atlanta | GA | 85.55 | 25.55 | 46.30 | 235% | -45% | 85% |
AGCO Corp | Duluth | GA | 48.73 | 15.10 | 67.98 | 223% | -78% | -28% |
Agilysys | Alpharetta | GA | 12.45 | 3.97 | 15.12 | 214% | -74% | -18% |
IntercontinentalExchange Group | Atlanta | GA | 189.31 | 60.39 | 192.50 | 213% | -69% | -2% |
Haverty Furniture | Atlanta | GA | 23.68 | 7.75 | 8.99 | 206% | -14% | 163% |
Rollins | Atlanta | GA | 29.24 | 9.67 | 12.80 | 202% | -24% | 128% |
Thomasville Bancshares | Thomasville | GA | 22.50 | 7.50 | 10.63 | 200% | -29% | 112% |
American Software | Atlanta | GA | 9.37 | 3.17 | 8.50 | 196% | -63% | 10% |
Internap Network Services | Atlanta | GA | 6.98 | 2.42 | 8.33 | 188% | -71% | -16% |
Total System Services | Columbus | GA | 31.47 | 11.82 | 28.00 | 166% | -58% | 12% |
CryoLife | Kennesaw | GA | 10.35 | 4.10 | 7.95 | 152% | -48% | 30% |
Global Payments | Atlanta | GA | 71.03 | 28.34 | 46.52 | 151% | -39% | 53% |
Marine Products | Atlanta | GA | 7.98 | 3.21 | 7.01 | 149% | -54% | 14% |
United Parcel Service | Atlanta | GA | 96.07 | 39.38 | 70.72 | 144% | -44% | 36% |
Ebix Inc | Atlanta | GA | 13.73 | 5.91 | 8.13 | 132% | -27% | 69% |
Zep Inc | Atlanta | GA | 16.00 | 7.02 | 13.87 | 128% | -49% | 15% |
PRGX Global | Atlanta | GA | 6.37 | 2.85 | 8.57 | 124% | -67% | -26% |
Cousins Properties Inc | Atlanta | GA | 12.92 | 5.81 | 20.56 | 122% | -72% | -37% |
Coca-Cola | Atlanta | GA | 40.18 | 19.55 | 30.69 | 106% | -36% | 31% |
Aaron's | Atlanta | GA | 25.92 | 12.78 | 11.51 | 103% | 11% | 125% |
Flower Foods | Thomasville | GA | 19.65 | 9.78 | 10.40 | 101% | -6% | 89% |
Southeastern Bank Financial | Augusta | GA | 23.95 | 12.00 | 31.36 | 100% | -62% | -24% |
Premiere Global Services | Atlanta | GA | 13.00 | 7.03 | 14.85 | 85% | -53% | -12% |
Citi Trends | Savannah | GA | 20.08 | 11.61 | 15.44 | 73% | -25% | 30% |
MedAssets | Alpharetta | GA | 21.37 | 13.28 | 23.94 | 61% | -45% | -11% |
Crawford & Co | Atlanta | GA | 9.55 | 7.14 | 4.15 | 34% | 72% | 130% |
Gentiva Health Services | Atlanta | GA | 18.41 | 13.80 | 19.04 | 33% | -28% | -3% |
United Community Banks | Blairsville | GA | 15.89 | 12.20 | 79.00 | 30% | -85% | -80% |
Charter Financial | West Point | GA | 11.09 | 8.82 | 34.48 | 26% | -74% | -68% |
Synovus Financial | Columbus | GA | 23.28 | 18.55 | 73.71 | 25% | -75% | -68% |
Bluelinx Holdings | Atlanta | GA | 1.27 | 1.36 | 3.93 | -7% | -65% | -68% |
Cbeyond | Atlanta | GA | 9.99 | 13.04 | 38.99 | -23% | -67% | -74% |
EarthLink Holdings | Atlanta | GA | 4.38 | 6.13 | 7.07 | -29% | -13% | -38% |
Average % Change all 70 | 479% | -55% | 85% |
In addition to the above 70 Georgia Companies, the 4 Georgia Companies shown below have filed Initial Public Offerings (IPOs) since 2010 and had their stock market prices more than double from their Initial Offering Prices. One of them, Greenway Medical Technologies, was subsequently sold in November 2013.
% | |||||||||
Market | |||||||||
Price | # of Mos | ||||||||
8-14-14 | Change | Stock | |||||||
Stock | From | Traded | |||||||
IPO | City | State | Market | Offering | Offering | Thru | |||
Date | Georgia Company IPO | HQs | HQs | Sector | Industry | Price | Price | Price | 8-8-14 |
$ | $ | ||||||||
12/15/10 | FleetCor Technologies | Norcross | GA | Services | Business Services | 142.39 | 23.00 | 519% | 44 |
4/1/10 | Primaerica | Duluth | GA | Financial | Life Insurance | 47.95 | 15.00 | 220% | 52 |
10/28/10 | ExamWorks Group | Atlanta | GA | Services | Business Services | 33.62 | 16.00 | 110% | 46 |
2/2/12 | Greenway Medical Technologies | Carrollton | GA | Healthcare | Information Technology | 20.35 | 10.00 | 104% | 21 |
In like manner on the employment front, from the US Bureau of Labor Statistics, Georgia's State unemployment rate more than doubled, going from 5.1% in December 2007 to 10.4% in October 2009, which was the very lowest point for the US Labor Market due to the lagging spillover effects resulting from the disastrous 2008 Financial Meltdown. But in the four years and eight months since then, when Democrats were in control of the US Senate, the Georgia State unemployment rate has declined from 10.4% in October 2009 to 7.4% in the most recently reported June 2014.
Georgia Citizens must be very pleased with both the outstanding performance of nearly all of their Georgia Companies as well as the significant drop in the Georgia Unemployment Rate, both occurring during the most recent roughly five years when the Democrats were in control of the US Senate.