Public Company Equities Week of September 21-25
For the week of September 21-25, the Georgia public firms index dropped 1.9% in price since last Friday’s close. The index is down -3.9% YTD.
For the week of September 21-25, the Georgia public firms index dropped 1.9% in price since last Friday’s close. The index is down -3.9% YTD.
Total preliminary initial unemployment claims were down 13% from the previous week. This is similar to the number of initial claims two weeks ago, which was 42,085 for the week ended September 11th. The industry with the largest upticks in new claims was Construction, seeing a 31% increase in new claims, while the Arts, Entertainment, and Recreation industry saw a 23% increase in new weekly initial claims since last week. Meanwhile, Retail Trade and Accommodation and Food Services both improved this week.
For the week of September 21-25, the index comprising 30 bonds was up 1.8% Year-to-Date, down 0.4 percentage points in this figure since last week.
Total preliminary initial unemployment claims were up 15% from the previous week. This is the first time since July 11th where there has been a weekly increase in the number of new initial claims. The industry with the largest upticks in new claims was Transportation and Warehousing, seeing a 105% increase in new claims, while the Retail Trade industry saw a 55% increase in new weekly initial claims since last week.
For the week of September 14-18, the Georgia public firms index rose +0.8% this week in price. The index is down -2.0% YTD.
For the week of September 14-18, the index comprising 30 bonds was up 2.2% Year-to-Date, unchanged from last week. This is the third week in a row where the index stays largely stagnant, though it is worth noting that the already highly performing bonds moved in price this week, while the already poorly performing ones remained mostly stagnant or dropped slightly.
Total preliminary initial unemployment claims were down 16% from the previous week. The industry with the largest upticks in new claims was Management of Companies and Enterprises, seeing a 10% increase in new claims, while the Retail Trade industry saw a 30% decrease in new weekly initial claims since last week. Overall, most industries significantly improved this week, with relatively very few new claims since last week.
For the week of September 7-11, the index comprising 30 bonds was up 2.2% Year-to-Date, increasing by 0.1 percentage points YTD. This is the second week in a row where the index stays largely stagnant, though it is worth noting that the already highly performing bonds increased in price this week, while the already poorly performing ones decreased.
For the week of September 7-11, the Georgia public firms index dropped -0.9% this week in price. The index is down -2.9% YTD.
Total preliminary initial unemployment claims were down 2% from the previous week. The industry with the largest upticks in new claims was Arts, Entertainment, and Recreation, seeing a 29% increase in new claims, while the Real Estate and Rental and Leasing industry saw a 50% decrease in new weekly initial claims since last week.
Photo of an undetermined Georgia Tech home game during the 1918 college football season. That's when the sport was hit by the Spanish flu and the end of World War I.
© 2024 Georgia COVID-19 . All Rights Reserved.
Follow Us!