Historical Year Data · 2014

Building Permits: 5+ Units in 2014

Building Permits: 5+ Units opened 2014 at 332 and closed at 378, a +13.86% move for the year. The high of 442 was reached on April 1, and the low of 321 on June 1.

Open

332

2014-01

378

12 data points

High

442

Apr 1

Low

321

Jun 1

Full Year Change

+13.86%

2013 Change

+15.53%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	332	332	332	332	+0.00%
Feb	406	406	406	406	+0.00%
Mar	416	416	416	416	+0.00%
Apr	442	442	442	442	+0.00%
May	360	360	360	360	+0.00%
Jun	321	321	321	321	+0.00%
Jul	399	399	399	399	+0.00%
Aug	362	362	362	362	+0.00%
Sep	389	389	389	389	+0.00%
Oct	415	415	415	415	+0.00%
Nov	373	373	373	373	+0.00%
Dec	378	378	378	378	+0.00%

Events During 2014

2014-2016 Oil Price Collapse

Deflation

June 2014 – February 2016

Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.

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