Historical Year Data · 1988

Building Permits in 1988

Building Permits opened 1988 at 1,244 and closed at 1,501, a +20.66% move for the year. The high of 1,525 was reached on March 1, and the low of 1,244 on January 1.

Open

1,244

1988-01

1,501

12 data points

High

1,525

Mar 1

Low

1,244

Jan 1

Full Year Change

+20.66%

1987 Change

-20.41%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	1,244	1,244	1,244	1,244	+0.00%
Feb	1,438	1,438	1,438	1,438	+0.00%
Mar	1,525	1,525	1,525	1,525	+0.00%
Apr	1,429	1,429	1,429	1,429	+0.00%
May	1,444	1,444	1,444	1,444	+0.00%
Jun	1,485	1,485	1,485	1,485	+0.00%
Jul	1,439	1,439	1,439	1,439	+0.00%
Aug	1,460	1,460	1,460	1,460	+0.00%
Sep	1,436	1,436	1,436	1,436	+0.00%
Oct	1,516	1,516	1,516	1,516	+0.00%
Nov	1,508	1,508	1,508	1,508	+0.00%
Dec	1,501	1,501	1,501	1,501	+0.00%

Events During 1988

1982 Latin American Debt Crisis

Deflation

August 1982 – 1989

Mexico defaulted on its external debt in August 1982, triggering a seven-year crisis that engulfed Brazil, Argentina, Chile, and most of Latin America. The "lost decade" reshaped emerging market finance.

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