Historical Year Data · 2006

Sahm Rule Recession Indicator in 2006

Sahm Rule Recession Indicator opened 2006 at 0.00% and closed at 0.07%, a +0.00% move for the year. The high of 0.07% was reached on August 1, and the low of 0.00% on April 1.

Open

0.00%

2006-01

0.07%

4 data points

High

0.07%

Aug 1

Low

0.00%

Apr 1

Full Year Change

+0.00%

2005 Change

+0.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Apr	0.00%	0.00%	0.00%	0.00%	+0.00%
Jul	0.03%	0.03%	0.03%	0.03%	+0.00%
Aug	0.07%	0.07%	0.07%	0.07%	+0.00%
Sep	0.07%	0.07%	0.07%	0.07%	+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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