Historical Year Data · 1972

Housing Starts in 1972

Housing Starts opened 1972 at 2,494 and closed at 2,366, a -5.13% move for the year. The high of 2,494 was reached on January 1, and the low of 2,221 on May 1.

Open

2,494

1972-01

2,366

12 data points

High

2,494

Jan 1

Low

2,221

May 1

Full Year Change

-5.13%

1971 Change

+25.55%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	2,494	2,494	2,494	2,494	+0.00%
Feb	2,390	2,390	2,390	2,390	+0.00%
Mar	2,334	2,334	2,334	2,334	+0.00%
Apr	2,249	2,249	2,249	2,249	+0.00%
May	2,221	2,221	2,221	2,221	+0.00%
Jun	2,254	2,254	2,254	2,254	+0.00%
Jul	2,252	2,252	2,252	2,252	+0.00%
Aug	2,382	2,382	2,382	2,382	+0.00%
Sep	2,481	2,481	2,481	2,481	+0.00%
Oct	2,485	2,485	2,485	2,485	+0.00%
Nov	2,421	2,421	2,421	2,421	+0.00%
Dec	2,366	2,366	2,366	2,366	+0.00%

Events During 1972

1971 Nixon Shock (End of Gold Standard)

Stagflation

August 15, 1971

On August 15, 1971, President Nixon announced the United States would no longer convert dollars to gold at $35/oz, ending the Bretton Woods system and ushering in the modern fiat era.

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