The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
F E D E R A L R E S E R V E statistical release G.18 fvf 2 2 % , May 6, 1971 CONSUMER INSTALMENT CREDIT A T COMMERCIAL BANKS M A R C H 1971 Consumer instalment credit outstanding at commercial banks increased $117 million in March with the expansion concentrated largely in direct automobile loans and personal loans. All major types of instalment indebtedness except purchased automobile paper shared in the $1,607 million increase over March 31, 1970. The volume of instalment credit extended in March was considerably larger than in the preceding month and well above the volume of March last year. Increases were recorded for all major types of credit and in all sections of the country. Consumer Instalment Credit at Commercial Banks (Estimates, in millions of dollars) Amounts outstanding Change from: Month Year ago ago March 31, 1971 Type of credit Volume extended Change from: Year Month ago Mar. 1971 19 ,814 Purchased Direct + 88 -276 1,735 +409 +254 12 ,147 ,667 7. Automobile paper, total - 18 +106 -405 1,001 +129 734 • +230 +179 + 79 +175 + + +608 +415 + 14 +157 +689 488 402 124 148 886 + 80 +.72 + 32 + 20 +182 + 94 + 68 + 20 + 18 +123 +1,607 3,783 +795 +577 155 518 214 292 374 383 + 32 +125 + 59 + 96 + 74 + 77 + + + "+ + + + + + + + + + 68 + 56 + 14 + + 42 +120 ,005 3. 5,494 ,692 2. ,159 1. ,399 9. Other consumer goods: Credit cards Other Home repair and modernization loans Personal-loans: Check-credit Other 49 13 12 6 83 41.,563 +117 13,758 5,,696 ,549 2, ,334 3j 3,,887 ,184 4j Total - 8 6 + 10 + 5 + 42 + 23 8 4472 + 94 +184 +276 +188 ,748 53 ,113 2, ,355 1, 2, ,246 2,,470 6, ,223 9 + 22 + 11 + 8 + 24 - 5 482 +108 +178 . 203 111 + 32 209 + 46 215 - 97 627 +134 Federal Reserve District: Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco N 99 36 29 30 40 98 1 58 30 49 64 59 (
