[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\]
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Securities in bank credit                             Loans and leases in bank credit
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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
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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
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\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.