Historical Year Data · 1972

Building Permits in 1972

Building Permits opened 1972 at 2,238 and closed at 2,419, a +8.09% move for the year. The high of 2,419 was reached on December 1, and the low of 2,067 on May 1.

Open

2,238

1972-01

2,419

12 data points

High

2,419

Dec 1

Low

2,067

May 1

Full Year Change

+8.09%

1971 Change

+29.82%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	2,238	2,238	2,238	2,238	+0.00%
Feb	2,169	2,169	2,169	2,169	+0.00%
Mar	2,105	2,105	2,105	2,105	+0.00%
Apr	2,139	2,139	2,139	2,139	+0.00%
May	2,067	2,067	2,067	2,067	+0.00%
Jun	2,183	2,183	2,183	2,183	+0.00%
Jul	2,195	2,195	2,195	2,195	+0.00%
Aug	2,263	2,263	2,263	2,263	+0.00%
Sep	2,393	2,393	2,393	2,393	+0.00%
Oct	2,354	2,354	2,354	2,354	+0.00%
Nov	2,234	2,234	2,234	2,234	+0.00%
Dec	2,419	2,419	2,419	2,419	+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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