Historical Year Data · 1980

Building Permits in 1980

Building Permits opened 1980 at 1,280 and closed at 1,249, a -2.42% move for the year. The high of 1,484 was reached on September 1, and the low of 808 on April 1.

Open

1,280

1980-01

1,249

12 data points

High

1,484

Sep 1

Low

808

Apr 1

Full Year Change

-2.42%

1979 Change

-14.17%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	1,280	1,280	1,280	1,280	+0.00%
Feb	1,199	1,199	1,199	1,199	+0.00%
Mar	988	988	988	988	+0.00%
Apr	808	808	808	808	+0.00%
May	861	861	861	861	+0.00%
Jun	1,118	1,118	1,118	1,118	+0.00%
Jul	1,259	1,259	1,259	1,259	+0.00%
Aug	1,367	1,367	1,367	1,367	+0.00%
Sep	1,484	1,484	1,484	1,484	+0.00%
Oct	1,366	1,366	1,366	1,366	+0.00%
Nov	1,383	1,383	1,383	1,383	+0.00%
Dec	1,249	1,249	1,249	1,249	+0.00%

Events During 1980

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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