Historical Year Data · 2016
Avg Hourly Earnings (Production) in 2016
Avg Hourly Earnings (Production) opened 2016 at $21.31 and closed at $21.76, a +2.11% move for the year. The high of $21.76 was reached on December 1, and the low of $21.31 on January 1.
Open
$21.31
2016-01
Close
$21.76
12 data points
High
$21.76
Dec 1
Low
$21.31
Jan 1
Full Year Change
+2.11%
2015 Change
+2.07%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $21.31 | $21.31 | $21.31 | $21.31 | +0.00% |
| Feb | $21.33 | $21.33 | $21.33 | $21.33 | +0.00% |
| Mar | $21.39 | $21.39 | $21.39 | $21.39 | +0.00% |
| Apr | $21.46 | $21.46 | $21.46 | $21.46 | +0.00% |
| May | $21.48 | $21.48 | $21.48 | $21.48 | +0.00% |
| Jun | $21.52 | $21.52 | $21.52 | $21.52 | +0.00% |
| Jul | $21.58 | $21.58 | $21.58 | $21.58 | +0.00% |
| Aug | $21.6 | $21.6 | $21.6 | $21.6 | +0.00% |
| Sep | $21.62 | $21.62 | $21.62 | $21.62 | +0.00% |
| Oct | $21.71 | $21.71 | $21.71 | $21.71 | +0.00% |
| Nov | $21.71 | $21.71 | $21.71 | $21.71 | +0.00% |
| Dec | $21.76 | $21.76 | $21.76 | $21.76 | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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