Historical Year Data · 1971

Building Permits in 1971

Building Permits opened 1971 at 1,643 and closed at 2,133, a +29.82% move for the year. The high of 2,133 was reached on December 1, and the low of 1,588 on February 1.

Open

1,643

1971-01

2,133

12 data points

High

2,133

Dec 1

Low

1,588

Feb 1

Full Year Change

+29.82%

1970 Change

+66.38%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	1,643	1,643	1,643	1,643	+0.00%
Feb	1,588	1,588	1,588	1,588	+0.00%
Mar	1,759	1,759	1,759	1,759	+0.00%
Apr	1,745	1,745	1,745	1,745	+0.00%
May	1,972	1,972	1,972	1,972	+0.00%
Jun	1,903	1,903	1,903	1,903	+0.00%
Jul	2,069	2,069	2,069	2,069	+0.00%
Aug	2,004	2,004	2,004	2,004	+0.00%
Sep	1,996	1,996	1,996	1,996	+0.00%
Oct	2,026	2,026	2,026	2,026	+0.00%
Nov	2,079	2,079	2,079	2,079	+0.00%
Dec	2,133	2,133	2,133	2,133	+0.00%

Events During 1971

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.

Previous Year

← Building Permits in 1970

Next Year

Building Permits in 1972→