Historical Year Data · 2023
Building Permits: 5+ Units in 2023
Building Permits: 5+ Units opened 2023 at 594 and closed at 455, a -23.40% move for the year. The high of 767 was reached on February 1, and the low of 455 on November 1.
Open
594
2023-01
Close
455
12 data points
High
767
Feb 1
Low
455
Nov 1
Full Year Change
-23.40%
2022 Change
-0.32%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 594 | 594 | 594 | 594 | +0.00% |
| Feb | 767 | 767 | 767 | 767 | +0.00% |
| Mar | 580 | 580 | 580 | 580 | +0.00% |
| Apr | 538 | 538 | 538 | 538 | +0.00% |
| May | 597 | 597 | 597 | 597 | +0.00% |
| Jun | 457 | 457 | 457 | 457 | +0.00% |
| Jul | 511 | 511 | 511 | 511 | +0.00% |
| Aug | 526 | 526 | 526 | 526 | +0.00% |
| Sep | 500 | 500 | 500 | 500 | +0.00% |
| Oct | 492 | 492 | 492 | 492 | +0.00% |
| Nov | 455 | 455 | 455 | 455 | +0.00% |
| Dec | 455 | 455 | 455 | 455 | +0.00% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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