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FEDERAL RESERVE statistical release
FOP IMMEDIATE RELEASE
Septeaber 8, 1982

G.19 (421)

CONSUHER INSTALLHENT CREDIT - JULY 1982

Consumer installment credit outstanding increased by $570 nillion in July,
after seasonal adjustaent, coapared with a $1.35 billion gain in June. The annual rate
of growth was 2 percent in July, down froa the 4-3/4 percent rate during the second
quarter. Hach of the slower growth was attributable to the autoaobile credit category,
which rose $61 aillion in July after a $655 aillion increase in June.
Extensions in July fell to $27*51 billion seasonally adjusted, froa the record
$29.74 billion total in June. Liquidations were also lower, dropping to $26.94 billion
in July froa $28.39 billion the previous aonth.
(Millions of dollars)
Installment credit

July 1982 | June 1982 I July 1982 | July 1981 |Latest 12 aonths
| (Wot seas adj.)
(Seasonally adj.)
|
(Wot seas. adj.)
,

Aaount extended:
Autoaobile
Revolving (1)
Hobile Hoae
Other
Aaount liquidated:
Net change in aaount
outstanding:

27,514!
I
7,3321
12,551|
441|
7,190!
I
1
26,944!
I
I
570|

29,737!
I
8,182|
13,361|
459!
7,735!
1
1
28,388!
!
I
1,349!

j

27,415|
I
7,233|
12,202!
4651
7,515J
I
1
26,7921
I
I
623J

28,750!
!
8,339!
11,206f
470|
8,735J
I

332,724

26,885!
I
I
1,865|

320,916

1

93,188
143,694
5,590
90,252

11,808

I
I
1
1
(*)
61!
655!
"55!
1#077|
(4)
612!
507!
522!
"34!
63|
67!
59!
56|
-166»
120!
97J
766!
I
I
1
1
Aaount outstanding,
(2)
I
I
I
1
end of aonth
(2)
!
(2)
•
!
332,4711
320,656J
f
NOTE: The Board s series covers aost short-and interaediate-tera credit extended
to individuals through regular business channels, usually to finance the
purchase of consuaer goods and services or to refinance debts incurred for
such purposes, and scheduled to be repaid (or with the option of repayment)
in two or more installments. Details Bay not add to totals due to rounding.
cards at retailers, gasoline companies and commercial banks, and
(D Credit
check credit at coaaercial banks.
Not applicable or not available.
(2)
A value for the unadjusted net change in outstandings appears also on the next
(3)
to last column on the next page, but may vary slightly, due to different
aggregation nethods.
For values see the next to last coluan on the next page under the heading
(*)
"change froa end of July 1981 aaount n.s.a."
Aatoaobile
Revolving (1)
Hobile Hoae
Other




(3)

CONSOMER INSTALLMENT CREDIT BY HOLDER AND TYPE -

July 1982

(Millions of dollars)

E x t e n d e d
holder and type

July
1982
s. a.

!

|

June
1982
s.a.

1

July
1981
s.a.

|
!
| July » 1
I
1982 | !
| n.s.a. | j

L i g a i d a t e d

Installaent credit by
July I
1 July 1
1982 I
| 1982 |
j n. s. a. | ! s.a. I

June
1982
s.a.

1
|

July
1981
s.a.

1
Total

27,514

29,737

Net !! 0 u t s t a n d i n g
chg j
July! J End of Change from end
19821 1 July
of July 1981
peramount1
s.a. j! 1982
cent
C D i 1 n.s.a. i n.s.a.

28,290|

27,415f

26,944]

28,388

26,739!

26,792| !

570!1 332,471

11,973!
5,439|
3,299|
4,826|
383|
2,2521
118|

12,577|
4,749! |
2,6531 I
4,334! |
821! I
2,098| I
183] I

12,551!
4,412
2,780J
4,488|
6071
1,941
165

13,560
4,826 1
2,849 1
4,4581
598 1
1,931 1
166 1

11,9441
4,4911
2,767|
4,561!
558!
2,2481
170!

12,607! !
4,405! 1
2,836! 1
4,269| «
611! 1
1,8961 1
168| |

-66J 1 146,745
195! ! 93,353 I
45,698
-69! !
297! ! 26,710
12,520I
196| !
4,600|
3| !
14|!
2,845

61|! 128,359

11,815

3.7

By major holder
Commercial banks
Finance companies
Credit unions
Retailers (2)
Savings and loans
Gasoline companies
Mutual savings banks

1
|
|
t

12,485
13,460
5,700
4,607 |
2,8871
2,711 |
4,785|.
4,762 1
803|
7851
1,944 |
1,9691
174 |
179

1,363
9,429 |
-398 I
314 I
1,561 |
-478I
24 1

.9
11.2
-.9
1.2
14.2
-9.4
.9

By major credit type
Automobile
Commercial banks
Indirect paper
Direct loans
Credit unions
Finance companies

8,1821

8,059!

7,233! I

7,271

7,527 I

7,003J

7,288| !

|
I
|

3,687 |
2,324
1,363|
1,389 I
2,256 I

3,404 1
2,036 I
1,3681
1,497 I
3,281

3,755|
2,268|
1,487!
1,6631
2,641|

3,615! I
2,186! I
1,429! I
1,3421 I
2,276| 1

3,586
2,099|
1,487 I
1,415!
2,270

3,644 I
2,088 I
1,556 I
1,469 I
2,414

3*708!
2,072!
1,636!
1,4001
1,895|

3,624! ! 101!!
2,110| 1 225! !
1,514! ! -124|1
1,429! 1 -26! !
2,235! 1 -14! I

12,854 1

11,590!

11,680| 1

612| !

59,824

3,060

5.4

6,922
4,001 I
1,931

5, 2781
4,064]
2,248!

5,966| |
3,8181 I
1,896| 1

266!!
343! !
3|!

32,205
23,019
4,600

2,915
-478

10.0
2.8
-9.4

18,601

841

4.7

1

12,551
[

Mobile home
Commercial banks
Finance companies
Savings and loans
Credit unions
Other
Commercial banks
\
Finance companies
i
Credit unions
Retailers
Savings and loans
Mutual savings banks

(1)
(2)




1

6,237
4,370|
1,944

13,361
7,141 I
4,2511
1,969

11,706|
5,073|
4,381!
2,252|

12,202!
6,197!
3,907| 1
2,0981

11,939
5 r 971|
4,0271
1,941

441

459

445|

465!

378

392

386!

4061 1

63! |

173
1331

180
129| 1
137 I

276!
116]
30|

170! I
146! I
139! I

230
60|
761

238

2641

13

23|

10!

*2

237f «
76J 1
81| 1
12J I

-571 1
73! 1
47| !
01 1

7,190

7,735

8,080!

7,515*

7,356)

7,6T5

7,760J

2,388
2,2181[
1,310|
415|
680|
179{

2,735
2,290
1,377J

2,869!
2,682!
1,613!
445|
353!
118!

2,595!
2,327| I
1,301||
427! 1
682|
183!

2,764
2,0821
1.353|
4611
531|
1651

2,756|
2,347
1,368 1

2,694!
2,561!
1,354!
497!
484!
170|

123
12

511
648
1741

65]
77 1
12

457
521!

166 I

35|
74!

13!

58,131 -1,777 ! -3.0
4741
34,979|
1-4
23,152 -2,251 | -8.9
-191 I
21,852
-.9
8,851
22.4
48,376

623 |

-311
725J
431!

-3.1
17.8
14.2

-4

-.9

7,418! ! -166!! 125,6871

1,031

.8

2,7801 ! -3761 !
2,094| ! 1361 1
1,395! ! -43||
451| ! -46|1
530! ! 149|I
168! 1
14| 1

536|
-147!
-2031
-3091
1,130!

-7.7
14.2

241

.9

9,857
4,801|
3,457|
486

46,552
40,1761
23,360]
3,691!
9,063|
2,8451

Net changes for all months egual extensions minus liquidations (repayments', chargeoffs, and other credits).
Includes auto dealers and excludes 30-day charge credit held by retailers and by travel and entertainment companies.
NOTE:

5.7

7,332 [

Revolving
Commercial banks
Retailers
Gasoline companies

6,883

I

s.a. and n.s.a. denote seasonally adjusted and not seasonally adjusted data, respectively.
Details may not add to totals due to rounding.

1.2
-.4
-.9