[Economic Report of the President (1998)] [Administration of William J. Clinton] [Online through the Government Printing Office, www.gpo.gov] Table B-72.--Bank credit at all commercial banks, 1972-97 [Monthly average; billions of dollars, seasonally adjusted \1\] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Securities in bank credit Loans and leases in bank credit ------------------------------------------------------------------------------------------------------------------ Real estate Total ------------------------------ Year and month bank U.S. Total Commercial Re- credit Total Govern- Other loans and and indus- volv- Con- Security Other securities ment securities leases trial Total ing Other sumer securities \2\ home equity ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ December: 1972............................................................ 572.5 182.4 89.0 93.4 390.1 137.1 98.1 ...... ......... 86.3 15.6 53.0 1973............................................................ 647.8 187.6 88.2 99.4 460.2 165.0 117.3 ...... ......... 98.6 12.9 66.4 1974............................................................ 713.7 193.8 86.3 107.5 519.9 196.6 130.1 ...... ......... 102.4 12.7 78.1 1975............................................................ 745.1 227.9 116.7 111.2 517.2 189.3 134.4 ...... ......... 104.9 13.5 75.1 1976............................................................ 804.6 249.8 136.3 113.5 554.8 190.9 148.8 ...... ......... 116.3 17.7 81.1 1977............................................................ 891.5 259.3 136.6 122.7 632.3 211.0 175.2 ...... ......... 138.3 21.0 86.8 1978............................................................ 1,013.9 266.8 137.6 129.2 747.1 246.2 210.5 ...... ......... 164.7 19.7 106.0 1979............................................................ 1,135.6 286.2 144.3 141.9 849.4 291.4 241.9 ...... ......... 184.5 18.7 112.9 1980............................................................ 1,238.6 325.0 170.6 154.4 913.5 325.7 262.6 ...... ......... 179.2 18.0 128.0 1981............................................................ 1,307.0 339.8 179.3 160.5 967.3 355.4 284.1 ...... ......... 182.5 21.4 123.9 1982............................................................ 1,400.4 366.5 201.7 164.8 1,033.9 392.5 299.9 ...... ......... 188.2 25.3 128.0 1983............................................................ 1,552.2 428.3 259.2 169.1 1,123.9 414.2 331.0 ...... ......... 212.9 28.0 137.8 1984............................................................ 1,722.9 400.7 259.8 140.9 1,322.2 473.2 376.3 ...... ......... 254.2 35.0 183.5 1985............................................................ 1,910.4 449.8 270.8 179.0 1,460.6 500.2 425.9 ...... ......... 295.0 43.3 196.2 1986............................................................ 2,093.7 504.0 310.1 193.9 1,589.7 536.7 494.1 ...... ......... 315.4 40.3 203.2 1987............................................................ 2,241.2 531.6 335.8 195.8 1,709.6 566.4 587.2 ...... ......... 328.2 34.5 193.3 New series 1988............................................................ 2,435.5 562.2 367.4 194.9 1,873.3 607.6 675.2 40.0 635.2 357.2 40.7 192.6 1989............................................................ 2,609.2 585.1 401.0 184.2 2,024.1 638.8 770.3 50.2 720.1 377.7 41.5 195.7 1990............................................................ 2,754.6 634.9 457.0 177.9 2,119.7 641.1 856.3 62.3 794.0 383.2 45.4 193.9 1991............................................................ 2,858.9 745.7 566.0 179.7 2,113.2 619.6 880.6 69.6 811.0 366.4 55.4 191.3 1992............................................................ 2,958.4 843.0 666.2 176.8 2,115.4 596.2 901.5 73.5 828.0 358.9 65.6 193.3 1993............................................................ 3,118.3 917.6 732.7 184.9 2,200.7 586.6 941.5 73.0 868.4 391.2 90.3 191.3 1994............................................................ 3,332.5 951.9 730.6 221.2 2,380.6 646.0 1,003.4 75.3 928.1 452.4 79.1 199.7 1995............................................................ 3,616.2 996.0 707.9 288.1 2,620.2 718.2 1,079.9 79.1 1,000.8 496.5 86.6 239.0 1996............................................................ 3,770.3 989.8 705.4 284.5 2,780.4 782.2 1,129.0 84.8 1,044.2 521.0 78.5 269.8 1997............................................................ 4,110.4 1,101.6 751.5 350.1 3,008.8 857.0 1,225.9 98.3 1,127.6 509.7 97.1 319.2 1996: Jan......................................................... 3,630.6 990.2 702.1 288.1 2,640.4 723.7 1,085.4 79.5 1,005.9 498.1 87.9 245.4 Feb......................................................... 3,650.6 1,001.4 711.1 290.4 2,649.2 727.5 1,091.1 79.8 1,011.3 497.5 87.2 245.9 Mar......................................................... 3,649.8 990.6 703.6 287.0 2,659.2 729.0 1,096.7 79.9 1,016.8 500.2 84.6 248.7 Apr......................................................... 3,667.2 991.8 707.8 284.0 2,675.4 733.1 1,098.7 80.2 1,018.5 504.0 84.7 254.9 May......................................................... 3,664.8 992.3 711.6 280.7 2,672.5 736.4 1,101.7 79.9 1,021.8 503.2 76.6 254.6 June........................................................ 3,672.0 983.4 707.4 275.9 2,688.7 740.2 1,104.1 79.4 1,024.7 508.6 78.8 256.9 July........................................................ 3,685.8 985.1 708.2 277.0 2,700.7 744.7 1,104.8 80.1 1,024.7 511.8 77.9 261.5 Aug......................................................... 3,678.1 974.7 703.5 271.3 2,703.4 746.6 1,109.7 81.0 1,028.7 514.0 72.1 261.1 Sept........................................................ 3,697.5 972.5 704.5 268.0 2,725.0 760.6 1,112.4 81.9 1,030.6 517.3 73.3 261.4 Oct......................................................... 3,716.9 969.5 701.6 267.9 2,747.4 769.9 1,116.2 83.0 1,033.2 519.2 75.8 266.3 Nov......................................................... 3,742.8 980.5 705.6 274.9 2,762.3 773.9 1,122.6 83.7 1,038.8 520.5 76.9 268.5 Dec......................................................... 3,770.3 989.8 705.4 284.5 2,780.4 782.2 1,129.0 84.8 1,044.2 521.0 78.5 269.8 1997: Jan......................................................... 3,803.6 1,005.2 706.3 298.8 2,798.4 784.5 1,135.6 85.2 1,050.5 521.8 81.3 275.2 Feb......................................................... 3,839.5 1,020.7 703.5 317.2 2,818.8 793.2 1,141.1 85.9 1,055.2 520.5 82.8 281.2 Mar......................................................... 3,858.6 1,014.3 707.7 306.6 2,844.3 797.7 1,154.6 87.3 1,067.3 517.9 87.3 286.6 Apr......................................................... 3,897.7 1,033.1 722.3 310.8 2,864.6 803.5 1,168.1 89.2 1,078.9 515.1 89.4 288.5 May......................................................... 3,902.2 1,014.0 721.9 292.1 2,888.1 808.4 1,179.1 90.4 1,088.6 516.5 88.3 295.9 June........................................................ 3,922.3 1,010.2 724.9 285.3 2,912.1 813.8 1,189.4 91.9 1,097.5 517.7 92.6 298.6 July........................................................ 3,957.6 1,031.6 726.7 305.0 2,926.0 817.0 1,198.2 93.2 1,105.1 517.6 93.5 299.7 Aug......................................................... 3,971.2 1,025.4 715.5 309.9 2,945.7 825.6 1,205.5 94.3 1,111.2 518.8 93.3 302.6 Sept........................................................ 3,996.0 1,032.1 724.4 307.6 2,963.9 837.6 1,214.0 95.5 1,118.5 515.2 94.5 302.6 Oct......................................................... 4,030.2 1,046.1 731.9 314.2 2,984.1 844.3 1,219.3 96.4 1,122.9 509.2 104.4 306.9 Nov......................................................... 4,075.4 1,081.1 745.3 335.8 2,994.2 847.2 1,225.8 97.4 1,128.4 509.7 97.6 314.0 Dec......................................................... 4,110.4 1,101.6 751.5 350.1 3,008.8 857.0 1,225.9 98.3 1,127.6 509.7 97.1 319.2 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\ Data are Wednesday values or prorated averages of Wednesday values for domestically chartered commercial banks, branches and agencies of foreign banks, New York State investment companies (through September 1996), and Edge Act and agreement corporations. Beginning 1988, data are adjusted for breaks caused by reclassifications of assets. \2\ Excludes Federal funds sold to, reverse repurchase agreements (RPs) with, and loans to commercial banks in the United States. Note.--Data are not strictly comparable because of breaks in the series. Source: Board of Governors of the Federal Reserve System.