Historical Year Data · 2006

Nonfarm Productivity in 2006

Nonfarm Productivity opened 2006 at 2.80% and closed at 2.60%, a -7.14% move for the year. The high of 2.80% was reached on January 1, and the low of -0.80% on July 1.

Open

2.80%

2006-01

2.60%

4 data points

High

2.80%

Jan 1

Low

-0.80%

Jul 1

Full Year Change

-7.14%

2005 Change

-100.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	2.80%	2.80%	2.80%	2.80%	+0.00%
Apr	-0.40%	-0.40%	-0.40%	-0.40%	+0.00%
Jul	-0.80%	-0.80%	-0.80%	-0.80%	+0.00%
Oct	2.60%	2.60%	2.60%	2.60%	+0.00%

Events During 2006

2006 US Housing Market Peak

Goldilocks

June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.

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