Table B-74.--Credit market borrowing, 1989-98 [Billions of dollars; quarterly data at seasonally adjusted annual ___________________________________ _ ________ _ ________ _ ________ _ ________ _ Item 1989 1990 1991 1992 ___________________________________ _ ________ _ ________ _ ________ _ ________ _ NONFINANCIAL SECTORS DOMESTIC................................................................................................................................................................................................................. 686.3 655.1 467.5 522.5 FEDERAL GOVERNMENT................................................................................................................................................................................................................. 146.4 246.9 278.2 304.0 Treasury securities................................................................................................................................................................................................................. 144.7 238.7 292.0 303.8 Budget agency securities and mortgages......................................................................................................................1.6 8.2 -13.8 0.2 NONFEDERAL, BY INSTRUMENT.....................................................................................................................540.0 408.2 189.2 218.5 Commercial paper................................................................................................................................................................................................................. 21.4 9.7 -18.4 8.6 Municipal securities and loans..........................................................................................................................52.9 49.3 87.8 30.5 Corporate bonds................................................................................................................................................................................................................. 73.8 47.1 78.8 67.6 Bank loans n.e.c.................................................................................................................................................................................................................. 28.2 4.3 -42.3 -12.0 Other loans and advances................................................................................................................................................................................................................. 55.7 61.8 -55.4 5.7 Mortgages................................................................................................................................................................................................................. 263.7 224.1 149.4 114.1 Home................................................................................................................................................................................................................. 235.4 222.5 172.4 168.6 Multifamily residential................................................................................................................................................................................................................. 10.6 -1.4 -3.0 -10.3 Commercial................................................................................................................................................................................................................. 20.1 4.6 -20.3 -44.7 Farm................................................................................................................................................................................................................. -2.5 -1.6 0.3 0.5 Consumer credit................................................................................................................................................................................................................. 44.2 11.9 -10.7 3.9 NONFEDERAL, BY SECTOR.........................................................................................................................540.0 408.2 189.2 218.5 Household sector................................................................................................................................................................................................................. 259.0 249.0 169.1 163.3 Nonfinancial business................................................................................................................................................................................................................. 230.9 112.1 -65.2 31.1 Corporate................................................................................................................................................................................................................. 176.0 115.5 -51.6 47.1 Nonfarm noncorporate................................................................................................................................................................................................................. 54.3 -4.5 -15.6 -16.4 Farm................................................................................................................................................................................................................. 0.6 1.0 2.0 0.5 State and local governments................................................................................................................................................................................................................. 50.1 47.2 85.4 24.1 FOREIGN BORROWING IN THE UNITED STATES.........................................................................................................................10.2 23.9 15.1 24.1 Commercial paper................................................................................................................................................................................................................. 13.1 12.3 6.8 5.6 Bonds................................................................................................................................................................................................................. 4.9 21.4 15.0 16.8 Bank loans n.e.c.................................................................................................................................................................................................................. -0.1 -2.9 3.1 2.3 Other loans and advances................................................................................................................................................................................................................. -7.6 -7.0 -9.8 -0.6 NONFINANCIAL DOMESTIC AND FOREIGN BORROWING......................................................................................................................696.5 678.9 482.6 546.6FINANCIAL SECTORS BY INSTRUMENT................................................................................................................................................................................................................. 225.0 213.4 170.9 244.0 Federal Government related................................................................................................................................................................................................................. 149.5 167.4 145.7 155.8 Government-sponsored enterprises securities.....................................................................................................................25.2 17.1 9.2 40.3 Mortgage pool securities................................................................................................................................................................................................................. 124.3 150.3 136.6 115.6 U.S. Government loans................................................................................................................................................................................................................. 0.0 -0.1 0.0 0.0 Private financial sectors................................................................................................................................................................................................................. 75.5 46.1 25.1 88.2 Open market paper................................................................................................................................................................................................................. 31.3 8.6 -32.3 -1.1 Corporate bonds................................................................................................................................................................................................................. 40.8 56.8 86.9 88.6 Bank loans n.e.c.................................................................................................................................................................................................................. 13.5 4.0 7.3 0.7 Other loans and advances................................................................................................................................................................................................................. -10.5 -23.9 -37.3 -0.6 Mortgages................................................................................................................................................................................................................. 0.3 0.6 0.5 0.6 BY SECTOR................................................................................................................................................................................................................. 225.0 213.4 170.9 244.0 Commercial banking................................................................................................................................................................................................................. 5.2 -26.8 -13.2 10.0 Savings institutions................................................................................................................................................................................................................. -15.0 -30.9 -44.7 -7.0 Government-sponsored enterprises....................................................................................................................25.2 17.0 9.1 40.2 Federally related mortgage pools..........................................................................................................................124.3 150.3 136.6 115.6 Asset-backed securities issuers........................................................................................................................27.7 61.6 68.5 61.1 Finance companies................................................................................................................................................................................................................. 27.4 23.1 16.0 -3.1 Funding corporations................................................................................................................................................................................................................. 12.5 16.8 -4.0 16.2 Other\1\................................................................................................................................................................................................................. 17.7 2.3 2.5 11.1 ALL SECTORS BY INSTRUMENT................................................................................................................................................................................................................. 921.5 892.4 653.5 790.6 Open market paper................................................................................................................................................................................................................. 65.9 30.7 -44.0 13.1 U.S. Government securities................................................................................................................................................................................................................. 295.8 414.4 424.0 459.8 Municipal securities and loans..........................................................................................................................52.9 49.3 87.8 30.5 Corporate and foreign bonds..........................................................................................................................119.5 125.2 180.7 172.9 Bank loans n.e.c.................................................................................................................................................................................................................. 41.5 5.5 -31.8 -8.9 Other loans and advances................................................................................................................................................................................................................. 37.7 30.8 -102.4 4.6 Mortgages................................................................................................................................................................................................................. 264.1 224.7 149.9 114.7 Consumer credit................................................................................................................................................................................................................. 44.2 11.9 -10.7 3.9 ___________________________________ _ ________ _ ________ _ ________ _ ________ _ \1\ Credit unions, life insurance companies, mortgage companies, real estate investment trusts, and brokers See next page for continuation of table.borrowing, 1989-98 seasonally adjusted annual rates] ________ _ ________ _ ________ _ ________ _ ________ _ 1993 1994 1995 1996 1997 ________ _ ________ _ ________ _ ________ _ ________ _ 588.0 571.5 700.4 726.7 769.6 256.1 155.9 144.4 145.0 23.1 248.3 155.7 142.9 146.6 23.2 7.8 0.2 1.5 -1.6 -0.1 331.9 415.6 555.9 581.7 746.4 10.0 21.4 18.1 -0.9 13.7 74.8 -35.9 -48.2 2.6 71.4 75.2 23.3 73.3 72.5 90.7 6.4 75.2 102.3 66.2 107.3 -18.9 34.0 67.2 33.8 68.7 123.7 172.7 204.3 318.8 342.1 156.2 178.2 173.9 265.3 268.3 -6.8 -1.3 8.0 12.7 11.5 -26.7 -6.4 20.8 38.3 59.1 1.0 2.2 1.6 2.6 3.3 60.7 124.9 138.9 88.8 52.5 331.9 415.6 555.9 581.7 746.4 207.8 311.0 343.7 370.3 355.6 57.9 150.9 263.7 218.2 334.8 52.1 143.3 236.8 171.4 265.0 3.2 3.3 23.9 42.0 63.5 2.6 4.4 2.9 4.8 6.4 66.2 -46.2 -51.5 -6.8 56.1 69.8 -14.0 71.1 76.9 56.9 -9.6 -26.1 13.5 11.3 3.7 82.9 12.2 49.7 55.8 46.7 0.7 1.4 8.5 9.1 8.5 -4.2 -1.5 -0.5 0.8 -2.0 657.8 557.5 771.5 803.6 826.5294.4 468.4 456.4 556.2 644.3 165.3 287.5 204.1 231.5 212.8 80.6 176.9 105.9 90.4 98.4 84.7 115.4 98.2 141.1 114.4 0.0 -4.8 0.0 0.0 0.0 129.1 180.9 252.3 324.7 431.5 -5.5 40.5 42.7 92.2 166.7 123.1 121.8 196.7 179.7 207.9 -14.4 -13.7 3.9 16.9 13.6 22.4 22.6 3.4 27.9 35.6 3.6 9.8 5.6 7.9 7.8 294.4 468.4 456.4 556.2 644.3 13.4 20.1 22.5 13.0 46.1 11.3 12.8 2.6 25.5 19.7 80.6 172.1 105.9 90.4 98.4 84.7 115.4 98.2 141.1 114.4 83.6 72.9 141.1 153.6 204.4 -1.4 48.7 50.2 45.9 48.7 6.3 23.1 34.9 64.1 80.7 15.9 3.3 1.0 22.6 31.9 952.2 1,025.9 1,227.8 1,359.8 1,470.7 -5.1 35.7 74.3 102.6 184.1 421.4 448.1 348.5 376.5 235.9 74.8 -35.9 -48.2 2.6 71.4 281.2 157.3 319.6 308.0 345.4 -7.2 62.9 114.7 92.1 129.3 -0.8 50.3 70.2 62.5 102.2 127.3 182.5 209.9 326.8 349.9 60.7 124.9 138.9 88.8 52.5 ________ _ ________ _ ________ _ ________ _ ________ _ trusts, and brokers and dealers.