Historical Year Data · 2003

Building Permits: 5+ Units in 2003

Building Permits: 5+ Units opened 2003 at 303 and closed at 362, a +19.47% move for the year. The high of 417 was reached on February 1, and the low of 303 on January 1.

Open

303

2003-01

362

12 data points

High

417

Feb 1

Low

303

Jan 1

Full Year Change

+19.47%

2002 Change

+31.51%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	303	303	303	303	+0.00%
Feb	417	417	417	417	+0.00%
Mar	324	324	324	324	+0.00%
Apr	327	327	327	327	+0.00%
May	364	364	364	364	+0.00%
Jun	335	335	335	335	+0.00%
Jul	330	330	330	330	+0.00%
Aug	362	362	362	362	+0.00%
Sep	336	336	336	336	+0.00%
Oct	366	366	366	366	+0.00%
Nov	311	311	311	311	+0.00%
Dec	362	362	362	362	+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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