Historical Year Data · 2006

Avg Hourly Earnings (Private) in 2006

Avg Hourly Earnings (Private) opened 2006 at $20.04 and closed at $20.58, a +2.69% move for the year. The high of $20.58 was reached on December 1, and the low of $20.04 on March 1.

Open

$20.04

2006-01

$20.58

10 data points

High

$20.58

Dec 1

Low

$20.04

Mar 1

Full Year Change

+2.69%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	$20.04	$20.04	$20.04	$20.04	+0.00%
Apr	$20.17	$20.17	$20.17	$20.17	+0.00%
May	$20.13	$20.13	$20.13	$20.13	+0.00%
Jun	$20.22	$20.22	$20.22	$20.22	+0.00%
Jul	$20.29	$20.29	$20.29	$20.29	+0.00%
Aug	$20.32	$20.32	$20.32	$20.32	+0.00%
Sep	$20.4	$20.4	$20.4	$20.4	+0.00%
Oct	$20.42	$20.42	$20.42	$20.42	+0.00%
Nov	$20.49	$20.49	$20.49	$20.49	+0.00%
Dec	$20.58	$20.58	$20.58	$20.58	+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 Hourly Earnings (Private) in 2007→