U.S. Census Bureau Daily Feature for November 14

WASHINGTON, Nov. 14, 2011 /PRNewswire-USNewswire/ -- Following is the daily "Profile America" feature from the U.S. Census Bureau:

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MONDAY, NOVEMBER 14: DOW JONES HITS 1,000

Profile America — Monday, November 14th.  The ups and downs of the New York Stock Market have been in the news a lot this year.  These surges and drops have overshadowed the fact that in the long run, the market has made remarkable advances.  It was on this day 39 years ago that the Dow Jones Index first topped the 1,000 mark.  Developed by Charles Henry Dow, the industrial average was first published in 1896.  For decades, the index was made up largely of stocks in the manufacturing sector.  Today, its components mirror the change to a more diverse economy.  As more Americans entered the stock market, it became more active.  In 1990, 157 million shares were traded on an average day.  Now, that figure is 2.4 billion shares.  You can find these and more facts about America from the U.S. Census Bureau, online at www.census.gov.

Sources:  Chase's Calendar of Events 2011, p. 558

Statistical Abstract of the United States 2012, t. 1210

Profile America is produced by the Public Information Office of the U.S. Census Bureau. These daily features are available as produced segments, ready to air, on a monthly CD or on the Internet at http://www.census.gov (look for “Multimedia Gallery” by the “Newsroom” button).  

SOURCE U.S. Census Bureau