I found 8 Companies Headquartered in New Hampshire 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.....before the 2008 financial meltdown
- 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 August 27, 2014
These 8 New Hampshire Companies had their equally-company-weighted average stock market prices decline by a massive 60% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's and Jeanne Shaheen's first terms, 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 six months since March 6, 2009 through August 27, 2014, the equally-company-weighted average stock market prices of these same 8 New Hampshire Companies have increased by a spectacular 424%. All 8 New Hampshire Companies had their stock market prices more than double in the most recent five and a half years, with the lowest increase being a very robust 130%.
Thus in the six years and eight months from December 31, 2007 before the 2008 financial meltdown to the most recent date August 27 2014, the equally-company-weighted average stock market prices of these same 8 New Hampshire Companies have increased by a very impressive 95%...... yeah, they have not just recouped what they lost with the 2008 financial meltdown, but also added another 95%.
Below here are the stock market prices of each of these 8 New Hampshire Companies on August 27, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:
|New Hampshire Co|
|Centrix Bank & Trust||Bedford||NH||40.55||9.20||14.25||341%||-35%||185%|
|White Mountains Insurance||Hanover||NH||634.49||165.00||514.05||285%||-68%||23%|
|New Hampshire Thrift Bancshares||Newport||NH||14.95||6.51||12.40||130%||-48%||21%|
|Average % Change all 8 New Hampshire Companies||424%||-60%||95%|
In addition to the above New Hampshire Companies, from IPO Scoop, there was one New Hampshire Company Portsmouth-based Sprague Resources LP filing an IPO only 11 months ago, which has experienced a very robust stock market price appreciation of 46% from its Initial Offering Price through August 27, 2014.
On the employment front, from the US Bureau of Labor Statistics, the seasonally adjusted unemployment rate of New Hampshire nearly doubled from 3.4% in December 2007 to 6.7% in October 2009, early in President Obama's and Jeanne's Shaheen's first terms, 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, and with much help from Jeanne Shaheen, and also with the major economic boost due to the Quantitative Easing by the US Fed, the New Hampshire Unemployment Rate declined sharply from 6.7% in October 2009 to 4.4% in the most recently reported July 2014.
New Hampshire Citizens must be very pleased with both the outstanding performance of all of their New Hampshire Companies as well as the substantial drop in the New Hampshire Unemployment Rate during the Obama Administration and during Jeanne Shaheen's first term as a New Hampshire US Senator.