President

Table B–77.—Consumer credit outstanding, 1959–2007[Amount outstanding (end of month); millions of dollars, seasonally adjusted]Year and monthTotalconsumerRevolving Nonrevolving 2credit 1December:1959 56,010.68 56,010.681960 60,025.31 60,025.311961 62,248.53 62,248.531962 68,126.72 68,126.721963 76,581.45 76,581.451964 85,959.57 85,959.571965 95,954.72 95,954.721966 101,788.22 101,788.221967 106,842.64 106,842.641968 117,399.09 2,041.54 115,357.551969 127,156.18 3,604.84 123,551.351970 131,551.55 4,961.46 126,590.091971 146,930.18 8,245.33 138,684.841972 166,189.10 9,379.24 156,809.861973 190,086.31 11,342.22 178,744.091974 198,917.84 13,241.26 185,676.581975 204,002.00 14,495.27 189,506.731976 225,721.59 16,489.05 209,232.541977 260,562.70 37,414.82 223,147.881978 306,100.39 45,690.95 260,409.431979 348,589.11 53,596.43 294,992.671980 351,920.05 54,970.05 296,950.001981 371,301.44 60,928.00 310,373.441982 389,848.74 66,348.30 323,500.441983 437,068.86 79,027.25 358,041.611984 517,278.98 100,385.63 416,893.351985 599,711.23 124,465.80 475,245.431986 654,750.24 141,068.15 513,682.081987 686,318.77 160,853.91 525,464.861988 3 731,917.76 184,593.12 547,324.641989 794,612.18 211,229.83 583,382.341990 808,230.57 238,642.62 569,587.951991 798,028.97 263,768.55 534,260.421992 806,118.69 278,449.67 527,669.021993 865,650.58 309,908.02 555,742.561994 997,301.74 365,569.56 631,732.191995 1,140,744.36 443,920.09 696,824.271996 1,253,437.09 507,516.57 745,920.521997 1,324,757.33 540,005.56 784,751.771998 1,420,454.41 581,101.72 839,352.691999 1,532,055.98 610,509.36 921,546.622000 1,717,483.23 683,652.74 1,033,830.482001 1,867,199.37 716,650.81 1,150,548.552002 1,974,092.97 748,854.82 1,225,238.162003 2,077,958.10 770,450.42 1,307,507.682004 2,191,323.04 800,016.91 1,391,306.132005 2,284,875.88 824,963.31 1,459,912.572006 2,387,469.85 875,406.12 1,512,063.732006: Jan 2,295,350.95 826,986.09 1,468,364.86Feb 2,298,170.10 828,193.98 1,469,976.12Mar 2,299,756.33 829,176.25 1,470,580.08Apr 2,305,469.58 830,599.08 1,474,870.50May 2,320,019.67 838,719.26 1,481,300.41June 2,331,242.11 846,471.77 1,484,770.34July 2,342,640.85 850,345.33 1,492,295.52Aug 2,354,459.42 855,548.91 1,498,910.51Sept 2,360,703.20 858,586.79 1,502,116.41Oct 2,362,903.89 863,346.55 1,499,557.33Nov 2,381,861.30 872,955.01 1,508,906.28Dec 2,387,469.85 875,406.12 1,512,063.732007: Jan 2,395,242.61 876,887.83 1,518,354.78Feb 2,401,411.86 879,869.62 1,521,542.23Mar 2,415,711.78 887,188.18 1,528,523.60Apr 2,418,967.51 887,612.43 1,531,355.08May 2,437,898.23 897,091.03 1,540,807.20June 2,448,008.42 902,188.83 1,545,819.59July 2,461,753.55 909,487.56 1,552,265.98Aug 2,482,580.62 917,556.63 1,565,023.99Sept 2,487,886.54 922,142.31 1,565,744.23Oct 2,489,908.97 928,710.59 1,561,198.38Nov p 2,505,358.25 937,463.50 1,567,894.761 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 with 1977, includes student loans extended by the Federal Government and by SLM Holding Corporation.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.318 | Economic Report of the President