Historical Year Data · 2022
Building Permits in 2022
Building Permits opened 2022 at 1,920 and closed at 1,410, a -26.56% move for the year. The high of 1,920 was reached on January 1, and the low of 1,401 on November 1.
Open
1,920
2022-01
Close
1,410
12 data points
High
1,920
Jan 1
Low
1,401
Nov 1
Full Year Change
-26.56%
2021 Change
+3.45%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 1,920 | 1,920 | 1,920 | 1,920 | +0.00% |
| Feb | 1,857 | 1,857 | 1,857 | 1,857 | +0.00% |
| Mar | 1,868 | 1,868 | 1,868 | 1,868 | +0.00% |
| Apr | 1,859 | 1,859 | 1,859 | 1,859 | +0.00% |
| May | 1,704 | 1,704 | 1,704 | 1,704 | +0.00% |
| Jun | 1,737 | 1,737 | 1,737 | 1,737 | +0.00% |
| Jul | 1,703 | 1,703 | 1,703 | 1,703 | +0.00% |
| Aug | 1,557 | 1,557 | 1,557 | 1,557 | +0.00% |
| Sep | 1,600 | 1,600 | 1,600 | 1,600 | +0.00% |
| Oct | 1,594 | 1,594 | 1,594 | 1,594 | +0.00% |
| Nov | 1,401 | 1,401 | 1,401 | 1,401 | +0.00% |
| Dec | 1,410 | 1,410 | 1,410 | 1,410 | +0.00% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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