Historical Year Data · 2008

Building Permits: 5+ Units in 2008

Building Permits: 5+ Units opened 2008 at 344 and closed at 169, a -50.87% move for the year. The high of 540 was reached on June 1, and the low of 169 on December 1.

Open

344

2008-01

169

12 data points

High

540

Jun 1

Low

169

Dec 1

Full Year Change

-50.87%

2007 Change

-8.38%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	344	344	344	344	+0.00%
Feb	309	309	309	309	+0.00%
Mar	287	287	287	287	+0.00%
Apr	306	306	306	306	+0.00%
May	326	326	326	326	+0.00%
Jun	540	540	540	540	+0.00%
Jul	316	316	316	316	+0.00%
Aug	282	282	282	282	+0.00%
Sep	232	232	232	232	+0.00%
Oct	234	234	234	234	+0.00%
Nov	186	186	186	186	+0.00%
Dec	169	169	169	169	+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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