Historical Year Data · 2003

Building Permits: Single-Family in 2003

Building Permits: Single-Family opened 2003 at 1,416 and closed at 1,549, a +9.39% move for the year. The high of 1,566 was reached on October 1, and the low of 1,357 on February 1.

Open

1,416

2003-01

1,549

12 data points

High

1,566

Oct 1

Low

1,357

Feb 1

Full Year Change

+9.39%

2002 Change

+9.65%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	1,416	1,416	1,416	1,416	+0.00%
Feb	1,357	1,357	1,357	1,357	+0.00%
Mar	1,359	1,359	1,359	1,359	+0.00%
Apr	1,391	1,391	1,391	1,391	+0.00%
May	1,389	1,389	1,389	1,389	+0.00%
Jun	1,461	1,461	1,461	1,461	+0.00%
Jul	1,478	1,478	1,478	1,478	+0.00%
Aug	1,521	1,521	1,521	1,521	+0.00%
Sep	1,533	1,533	1,533	1,533	+0.00%
Oct	1,566	1,566	1,566	1,566	+0.00%
Nov	1,513	1,513	1,513	1,513	+0.00%
Dec	1,549	1,549	1,549	1,549	+0.00%

Events During 2003

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

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