Graph of the Day: U.S. Consumer Credit, 1969-2009

From Calculated Risk:

This graph shows the year-over-year (YoY) change in consumer credit. Consumer credit is off 4.2% over the last 12 months. The previous record YoY decline was 1.9% in 1991. Here is the Fed report: Consumer Credit. Consumer credit declined from $2,493.6 billion in June to $2,472.1 in July. Note: The Fed reports a simple annual rate (multiplies change in month by 12) as opposed to a compounded annual rate.
Note: Consumer credit does not include real estate debt.

Consumer Credit Declines Sharply in July