Historical Year Data · 2006

Avg Weekly Hours (Private) in 2006

Avg Weekly Hours (Private) opened 2006 at 34.2 and closed at 34.5, a +0.88% move for the year. The high of 34.5 was reached on December 1, and the low of 34.2 on March 1.

Open

34.2

2006-01

34.5

10 data points

High

34.5

Dec 1

Low

34.2

Mar 1

Full Year Change

+0.88%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	34.2	34.2	34.2	34.2	+0.00%
Apr	34.3	34.3	34.3	34.3	+0.00%
May	34.3	34.3	34.3	34.3	+0.00%
Jun	34.4	34.4	34.4	34.4	+0.00%
Jul	34.3	34.3	34.3	34.3	+0.00%
Aug	34.3	34.3	34.3	34.3	+0.00%
Sep	34.4	34.4	34.4	34.4	+0.00%
Oct	34.3	34.3	34.3	34.3	+0.00%
Nov	34.3	34.3	34.3	34.3	+0.00%
Dec	34.5	34.5	34.5	34.5	+0.00%

Events During 2006

2006 US Housing Market Peak

Goldilocks

June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.

Next Year

Avg Weekly Hours (Private) in 2007→