Historical Year Data · 2006

Nominal GDP in 2006

Nominal GDP opened 2006 at $14B and closed at $14B, a +3.24% move for the year. The high of $14B was reached on October 1, and the low of $14B on January 1.

Open

$14B

2006-01

$14B

4 data points

High

$14B

Oct 1

Low

$14B

Jan 1

Full Year Change

+3.24%

2005 Change

+4.36%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	$14B	$14B	$14B	$14B	+0.00%
Apr	$14B	$14B	$14B	$14B	+0.00%
Jul	$14B	$14B	$14B	$14B	+0.00%
Oct	$14B	$14B	$14B	$14B	+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.

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