Historical Year Data · 1981

Housing Starts in 1981

Housing Starts opened 1981 at 1,547 and closed at 910, a -41.18% move for the year. The high of 1,547 was reached on January 1, and the low of 837 on November 1.

Open

1,547

1981-01

910

12 data points

High

1,547

Jan 1

Low

837

Nov 1

Full Year Change

-41.18%

1980 Change

+10.51%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	1,547	1,547	1,547	1,547	+0.00%
Feb	1,246	1,246	1,246	1,246	+0.00%
Mar	1,306	1,306	1,306	1,306	+0.00%
Apr	1,360	1,360	1,360	1,360	+0.00%
May	1,140	1,140	1,140	1,140	+0.00%
Jun	1,045	1,045	1,045	1,045	+0.00%
Jul	1,041	1,041	1,041	1,041	+0.00%
Aug	940	940	940	940	+0.00%
Sep	911	911	911	911	+0.00%
Oct	873	873	873	873	+0.00%
Nov	837	837	837	837	+0.00%
Dec	910	910	910	910	+0.00%

Events During 1981

1979 Volcker Shock

Stagflation

October 1979 – August 1982

Paul Volcker's Fed raised interest rates to 20% to break entrenched inflation. The policy triggered the deepest post-war recession but ended the stagflation era and established inflation-targeting credibility.

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