Wednesday, June 29, 2011


Following up on yesterday's post...

At FRED, I select Banking and then Loans. There is a list of eight data sets. The first three are not totals, but breakouts for commercial and industrial loans, real estate loans, and consumer loans -- all for 1947 to 2011.

For the heck of it, a close-up of 1980-2000:

Not really much of a slowing visible in the 1986-1990 period. But business and consumer loans were both flat (or even decreasing) for a few years after 1990.


Clonal said...


I think you have the wrong series for consumer credit.
See Total Consumer Credit Outstanding (TOTALSL)
Total Revolving Credit Outstanding (REVOLSL)
Securitized Total Consumer Loans (TOTALSEC)

The Arthurian said...

Hey, thanks Clonal. Do you happen to know if FRED offers info on their series, to help people pick the most relevant ones?

Looking at your three links
1. flat after 1990 for a bit.
2. maybe a hint of a slowdown, 19990-93
3. even the ugly one, TOTALSEC, shows a bit of a slowdown before the mid-1990s acceleration.

And while I'm asking, do you know of anything other than "eliminating the tax deduction for interest expense" that could have caused this slowdown?