[Economic Indicators July, 1999]
[Page Number 29]
[From the U.S. Government Publishing Office, www.gpo.gov]


CONSUMER CREDIT

                                                       [Billions of dollars; seasonally adjusted]
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                        Consumer credit outstanding (end of           Net change in consumer credit
                                                                                      period)                                outstanding \1\
                              Period                               -------------------------------------------------------------------------------------
                                                                       Total      Revolving   Nonrevolving \2\     Total     Revolving  Nonrevolving \2\
--------------------------------------------------------------------------------------------------------------------------------------------------------
1989:Dec \3\ r....................................................        778.8        211.2          567.6          (\4\)       (\4\)          (\4\)
1990:Dec r........................................................        789.3        238.6          550.7           10.5        27.4          -16.9
1991:Dec r........................................................        777.4        263.7          513.7          -11.9        25.1          -37.0
1992:Dec r........................................................        780.3        278.2          502.1            2.9        14.5          -11.6
1993:Dec r........................................................        839.2        310.0          529.2           58.9        31.8           27.1
1994:Dec r........................................................        960.7        365.6          595.1          121.5        55.6           65.9
1995:Dec r........................................................      1,096.0        443.2          652.8          135.3        77.6           57.7
1996:Dec r........................................................      1,182.4        499.5          682.9           86.4        56.3           30.1
1997:Dec r........................................................      1,234.1        531.3          702.8           51.7        31.8           19.9
1998:Dec r........................................................      1,300.5        560.7          739.8           66.4        29.4           37.0
 
1998:June r.......................................................      1,263.8        545.2          718.5            9.4         4.0            5.3
      July r......................................................      1,268.9        544.4          724.5            5.1         -.8            6.0
      Aug r.......................................................      1,275.5        548.6          726.8            6.6         4.2            2.3
      Sept r......................................................      1,283.3        551.9          731.4            7.8         3.3            4.6
      Oct r.......................................................      1,292.8        557.2          735.6            9.5         5.3            4.2
      Nov r.......................................................      1,298.3        556.9          741.4            5.5         -.3            5.8
      Dec r.......................................................      1,300.5        560.7          739.8            2.2         3.8           -1.6
 
1999:Jan r........................................................      1,315.7        565.0          750.6           15.2         4.3           10.8
      Feb r.......................................................      1,325.1        566.9          758.2            9.4         1.9            7.6
      Mar r.......................................................      1,332.1        567.3          764.9            7.0          .4            6.7
      Apr r.......................................................      1,332.5        569.9          762.6             .4         2.6           -2.3
      May.........................................................      1,344.2        571.9          772.3           11.7         2.0            9.7
      June p......................................................      1,347.0        576.0          771.0            2.8         4.1           -1.3
--------------------------------------------------------------------------------------------------------------------------------------------------------

    \1\ Change based on data in 
billions of dollars as shown here. 
For year-end data, change from 
preceding year-end; for monthly 
data, change from preceding month.
    \2\ Includes automobile loans 
and all other loans not included in 
revoling credit, such as loans for 
mobile homes, education, boats, 
trailers, or vacations. These loans 
may be secured or unsecured.
    \3\ Data newly available in 
January 1989 result in breaks in 
many series between December 1988 
and subsequent months.
    \4\ Because of breaks in series, 
net change not available.

    Note.--Consumer credit series 
has been revised. See Fedeal Reserve 
release, G.19 Consumer Credit, dated 
July 8, 1999 for information on the 
revisions.
    Source: Board of Governors of 
the Federal Reserve System.