The pickup in October owed to an acceleration in automobile and revolving credit and a partial reversal of the September decline in other credits. Data included in this release have been revised to reflect technical changes in estimation procedures as well as more complete information and new seasonal factors. Accounts assessed interest n.a. This release is issued around the fifth business day of each month.
Footnotes appear on reverse.
Percent changes calculated from unrounded data. Comprises mobile home loans and all other loans not included in automobile or revolving credit, such as loans for education, boats, trailers, or vacations. These loans may be secured or unsecured. For credit card accounts, the rate for all accounts is the stated APR averaged across all credit card accounts at all reporting banks. Finance company data are from the subsidiaries of the three major U.S. automobile manufacturers and are volume-weighted averages covering all loans of each type purchased during the month.