Historical Year Data · 2008

Building Permits in 2008

Building Permits opened 2008 at 1,094 and closed at 554, a -49.36% move for the year. The high of 1,180 was reached on June 1, and the low of 554 on December 1.

Open

1,094

2008-01

554

12 data points

High

1,180

Jun 1

Low

554

Dec 1

Full Year Change

-49.36%

2007 Change

-29.34%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	1,094	1,094	1,094	1,094	+0.00%
Feb	1,014	1,014	1,014	1,014	+0.00%
Mar	967	967	967	967	+0.00%
Apr	1,008	1,008	1,008	1,008	+0.00%
May	995	995	995	995	+0.00%
Jun	1,180	1,180	1,180	1,180	+0.00%
Jul	921	921	921	921	+0.00%
Aug	858	858	858	858	+0.00%
Sep	797	797	797	797	+0.00%
Oct	736	736	736	736	+0.00%
Nov	626	626	626	626	+0.00%
Dec	554	554	554	554	+0.00%

Events During 2008

2008 Financial Crisis

Deflation

September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.

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