Historical Year Data · 2006

Consumer Sentiment (Michigan) in 2006

Consumer Sentiment (Michigan) opened 2006 at 91.20 and closed at 91.70, a +0.55% move for the year. The high of 93.60 was reached on October 1, and the low of 79.10 on May 1.

Open

91.20

2006-01

91.70

12 data points

High

93.60

Oct 1

Low

79.10

May 1

Full Year Change

+0.55%

2005 Change

-4.19%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	91.20	91.20	91.20	91.20	+0.00%
Feb	86.70	86.70	86.70	86.70	+0.00%
Mar	88.90	88.90	88.90	88.90	+0.00%
Apr	87.40	87.40	87.40	87.40	+0.00%
May	79.10	79.10	79.10	79.10	+0.00%
Jun	84.90	84.90	84.90	84.90	+0.00%
Jul	84.70	84.70	84.70	84.70	+0.00%
Aug	82.00	82.00	82.00	82.00	+0.00%
Sep	85.40	85.40	85.40	85.40	+0.00%
Oct	93.60	93.60	93.60	93.60	+0.00%
Nov	92.10	92.10	92.10	92.10	+0.00%
Dec	91.70	91.70	91.70	91.70	+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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