[Economic Report of the President (2004)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-77.--Consumer credit outstanding, 1955-2003
[Amount outstanding (end of month); millions of dollars, seasonally adjusted]
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Total  consumer
Year and month                           credit \1\         Revolving     Nonrevolving \2\
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December:
1955....................................................          41,869.0  ................          41,869.0
1956....................................................          45,448.2  ................          45,448.2
1957....................................................          48,078.3  ................          48,078.3
1958....................................................          48,394.3  ................          48,394.3
1959....................................................          56,010.7  ................          56,010.7

1960....................................................          60,025.3  ................          60,025.3
1961....................................................          62,248.5  ................          62,248.5
1962....................................................          68,126.7  ................          68,126.7
1963....................................................          76,581.4  ................          76,581.4
1964....................................................          85,959.6  ................          85,959.6
1965....................................................          95,954.7  ................          95,954.7
1966....................................................         101,788.2  ................         101,788.2
1967....................................................         106,842.6  ................         106,842.6
1968....................................................         117,399.1           2,041.5         115,357.5
1969....................................................         127,156.2           3,604.8         123,551.3

1970....................................................         131,551.6           4,961.5         126,590.1
1971....................................................         146,930.2           8,245.3         138,684.8
1972....................................................         166,189.1           9,379.2         156,809.9
1973....................................................         190,086.3          11,342.2         178,744.1
1974....................................................         198,917.8          13,241.3         185,676.6
1975....................................................         204,002.0          14,495.3         189,506.7
1976....................................................         225,721.6          16,489.1         209,232.5
1977....................................................         260,562.7          37,414.8         223,147.9
1978....................................................         306,100.4          45,691.0         260,409.4
1979....................................................         348,589.1          53,596.4         294,992.7

1980....................................................         351,920.1          54,970.1         296,950.0
1981....................................................         371,301.4          60,928.0         310,373.4
1982....................................................         389,848.7          66,348.3         323,500.4
1983....................................................         437,068.9          79,027.3         358,041.6
1984....................................................         517,279.0         100,385.6         416,893.4
1985....................................................         599,711.2         124,465.8         475,245.4
1986....................................................         654,750.2         141,068.2         513,682.1
1987....................................................         686,318.8         160,853.9         525,464.9
1988\3\.................................................         731,917.8         184,593.1         547,324.6
1989....................................................         794,612.2         211,229.8         583,382.3

1990....................................................         808,230.6         238,642.6         569,588.0
1991....................................................         798,029.0         263,768.6         534,260.4
1992....................................................         806,118.7         278,449.7         527,669.0
1993....................................................         865,650.6         309,908.0         555,742.6
1994....................................................         997,126.9         365,569.6         631,557.3
1995....................................................       1,140,629.6         443,126.9         697,502.7
1996....................................................       1,242,168.9         498,931.0         743,238.0
1997....................................................       1,305,033.3         521,663.0         783,370.3
1998....................................................       1,400,260.7         562,807.8         837,452.9
1999....................................................       1,512,769.0         590,496.8         922,272.2

2000....................................................       1,686,221.8         658,855.3       1,027,366.5
2001....................................................       1,822,183.3         703,881.7       1,118,301.7
2002....................................................       1,902,731.3         716,702.3       1,186,029.0

2002: Jan.................................................       1,828,402.9         705,862.5       1,122,540.5
Feb.................................................       1,838,334.2         705,576.2       1,132,758.0
Mar.................................................       1,850,775.7         708,504.1       1,142,271.6
Apr.................................................       1,858,954.3         710,792.0       1,148,162.3
May.................................................       1,867,701.5         712,684.9       1,155,016.7
June................................................       1,876,605.9         716,176.9       1,160,429.0

July................................................       1,886,143.4         718,453.6       1,167,689.8
Aug.................................................       1,892,855.7         722,183.8       1,170,671.9
Sept................................................       1,896,378.2         721,410.9       1,174,967.2
Oct.................................................       1,901,407.1         721,764.5       1,179,642.6
Nov.................................................       1,902,586.2         721,743.9       1,180,842.4
Dec.................................................       1,902,731.3         716,702.3       1,186,029.0

2003: Jan.................................................       1,915,183.1         719,709.2       1,195,473.9
Feb.................................................       1,924,581.9         723,200.3       1,201,381.6
Mar.................................................       1,923,487.5         724,801.3       1,198,686.2
Apr.................................................       1,933,140.1         726,911.6       1,206,228.5
May.................................................       1,951,072.1         731,017.8       1,220,054.4
June................................................       1,951,846.9         729,744.5       1,222,102.4

July................................................       1,959,267.8         730,979.5       1,228,288.3
Aug.................................................       1,970,829.3         733,160.9       1,237,668.5
Sept................................................       1,982,178.8         737,330.1       1,244,848.8
Oct.................................................       1,990,515.0         739,960.2       1,250,554.9
Nov p...............................................       1,994,554.9         739,396.6       1,255,158.4
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\1\ Covers most short- and intermediate-term credit extended to individuals. Credit secured by real estate is
excluded.
\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. Beginning 1977
includes student loans extended by the Federal Government and by SLM Holding Corporation, the parent company
of Sallie Mae.
\3\ Data newly available in January 1989 result in breaks in these series between December 1988 and subsequent
months.

Source: Board of Governors of the Federal Reserve System.