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FEDERAL statistical ^ RESERVE release February 6, 1967. G.18 * CONSUMER-INSTALMENT CREDIT, A T COMMERCIAL BANKS DECEMBER 1966 • Consumer instalment credit outstanding at commercial banks- increased $177 million in December to,$32,155 at the year-end. About three-quarters of the expansion was in other consumer goods credit with most of the remainder in personal loans. For the year 1966, however, automobile paper accounted for approximately • one-half of the $2,982 million increase. The December volume of credit extended showed little change from the preceding month and was somewhat smaller than in the closing month of 1965. The reduction in automobile loan volume in December reflected in part the contraction in the new car market. Consumer Instalment Credit at Commercial Banks (Estimates, in millions. of dollars) Type of credit Automobile-paper; total Purchased Direct Other consumer goods Home repair and modernization -Personal loans TOTAL. Volume extended Change from: Month | Year 1966. 1 ago 2RO I -112 1,227 Amounts outstanding j Change from: Year Month ago A RO D e c . 31, 1966 17,535 11,370 ' 6,165 ! . -91 > 1/ +1,504 8 8 +1,060 + 444 769 458' + - 79 - 33 , -35 -56 5,101 +134 + 835 505 + 91 +66 2,567 6,952 - 16 + 59 + + 24 619 .93 698 i -• 9 I + 58 -17 -14 32,155 +177 +2,982 2,523 j + 28 -56 Federal Reserve District: ! i : 5 ; 5 - 4 -45 + 1 - - 12 ! 6 | + 19 + 6 -22 +31 + + 1 + .5 + + + 91 152 123 108 303 141 2,559 2,456 -2,871 + 17 1 + 36 + "+ + 395 146 388 186 184 288 Chicago St. Louis Minneapolis 4,976 1,488 1,004 + 23 + 9 + 6 + + + 425 112 124 382 106 78 + 20 - 12 + 2 -10 - 4 - 2 Kansas City Dallas San Francisco 1,640 1.987 5\614 + 11 + 10 + 62 + + + 163 209 654 142 160 445 + 4 1 + + 11 - 5 - 2 Bos ton • New Y o r k Philadelphia Cleveland Richmond Atlanta 1/ Less than 0,5 million. 1,413 4,234 1,913 V " y
