[Economic Indicators January, 2005]
[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\
--------------------------------------------------------------------------------------------------------------------------------------------------------
1995:Dec .........................................................      1,141.0        443.5          697.5          143.9        77.9           65.9
1996:Dec .........................................................      1,242.9        499.6          743.2          101.9        56.1           45.7
1997:Dec .........................................................      1,313.1        529.8          783.4           70.2        30.2           40.2
1998:Dec .........................................................      1,416.8        578.9          837.8          103.7        49.1           54.4
1999:Dec .........................................................      1,530.4        607.6          922.8          113.6        28.7           85.0
2000:Dec .........................................................      1,705.1        677.7        1,027.4          174.7        70.1          104.6
2001:Dec .........................................................      1,842.2        722.3        1,119.9          137.1        44.6           92.5
2002:Dec .........................................................      1,924.2        738.3        1,185.9           82.0        16.0           66.0
2003:Dec .........................................................      2,011.3        758.7        1,252.6           87.1        20.4           66.7
2004:Dec .........................................................      2,103.7        790.5        1,313.2           92.4        31.8           60.6
 
2003:Dec .........................................................      2,011.3        758.7        1,252.6            4.6        -1.7            6.3
 
2004:Jan .........................................................      2,037.8        769.8        1,268.0           26.5        11.1           15.4
      Feb ........................................................      2,038.2        770.1        1,268.1             .4          .3             .1
      Mar ........................................................      2,043.0        768.9        1,274.1            4.8        -1.2            6.0
      Apr ........................................................      2,045.2        765.1        1,280.1            2.2        -3.8            6.0
      May r.......................................................      2,048.0        763.9        1,284.1            2.8        -1.2            4.0
      June r......................................................      2,052.6        765.2        1,287.4            4.6         1.3            3.3
      July r......................................................      2,064.6        773.4        1,291.2           12.0         8.2            3.8
      Aug r.......................................................      2,067.5        773.6        1,293.9            2.9          .2            2.7
      Sept r......................................................      2,084.5        785.1        1,299.4           17.0        11.5            5.5
      Oct r.......................................................      2,098.6        789.0        1,309.6           14.1         3.9           10.2
      Nov ........................................................      2,100.6        789.6        1,311.0            2.0          .6            1.4
      Dec ........................................................      2,103.7        790.5        1,313.2            3.1          .9            2.2
--------------------------------------------------------------------------------------------------------------------------------------------------------

    \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 
revolving credit, such as loans for 
mobile homes, education, boats, 
trailers, or vacations. These loans 
may be secured or unsecured.
    Note.--Effective October 7, 2003 
data beginning 1977 include student 
loans extended by the Federal 
Government and by SLM Holding 
Corporation.

    Source: Board of Governors of 
the Federal Reserve System.