Historical Year Data · 2006

Empire State Manufacturing Index in 2006

Empire State Manufacturing Index opened 2006 at 17.60 and closed at 20.10, a +14.20% move for the year. The high of 33.20 was reached on March 1, and the low of 11.70 on August 1.

Open

17.60

2006-01

20.10

12 data points

High

33.20

Mar 1

Low

11.70

Aug 1

Full Year Change

+14.20%

2005 Change

+46.79%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	17.60	17.60	17.60	17.60	+0.00%
Feb	20.90	20.90	20.90	20.90	+0.00%
Mar	33.20	33.20	33.20	33.20	+0.00%
Apr	18.50	18.50	18.50	18.50	+0.00%
May	18.70	18.70	18.70	18.70	+0.00%
Jun	26.50	26.50	26.50	26.50	+0.00%
Jul	16.50	16.50	16.50	16.50	+0.00%
Aug	11.70	11.70	11.70	11.70	+0.00%
Sep	14.90	14.90	14.90	14.90	+0.00%
Oct	18.70	18.70	18.70	18.70	+0.00%
Nov	22.90	22.90	22.90	22.90	+0.00%
Dec	20.10	20.10	20.10	20.10	+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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