During this five years and five months period of time from March 6, 2009 through August 15, 2014, one of South Dakota's US Senators was the very effective Tim Johnson, a Democrat.
I found 3 South Dakota Headquartered Companies in Yahoo's or Google's superb Finance websites or from SEC filings with current Total 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, 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 15, 2014.
These 3 South Dakota Companies had their average stock market prices decline by a massive 70% 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, which occurred when George W. Bush was President.
But in the five years and five months since March 6, 2009 through August 15, 2014, the average stock market prices of these same 3 South Dakota Companies have increased by 247%.
Below here are the stock market prices of each of these 3 South Dakota Companies on August 15, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:
|South Dakota Company||HQs||8-15-14||3-6-09||12-31-07||8-15-14||3-6-09||8-15-14|
|Meta Financial Group||Sioux Falls||SD||36.57||7.44||41.17||392%||-82%||-11%|
|Raven Industries||Sioux Falls||SD||29.72||8.22||19.20||262%||-57%||55%|
|Average % Change all 3||247%||-70%||-1%|
In like manner on the employment front, from the US Bureau of Labor Statistics, South Dakota's State unemployment rate nearly doubled, increasing from 2.7% in December 2007 to 5.1% 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 Democratic South Dakota US Senator Tim Johnson was in office, the South Dakota State unemployment rate has declined from 5.1% in October 2009 to 3.8% in the most recently reported June 2014.
South Dakota Citizens must be pleased with both the very strong performance of all of their South Dakota Companies as well as the significant drop in the South Dakota Unemployment Rate, both occurring during the most recent roughly five years when South Dakota US Senator Tim Johnson was serving very effectively in the US Congress for the interests of his South Dakota constituents.