G.19 Report
Categories: Econ, Accounting
It’s the G spot...for people who care about aggregate credit. Yeah. We went there.
The G.19 report sums the outstanding credit that companies have extended to the public, minus any real estate (like mortgages). That means it’s the sum of all credit lent out, which is mostly credit card debt, car loans, and student loans. It includes all other non-real estate loans too, like personal loans.
The G.19 report on outstanding consumer credit is reported in the billions, and is summed up as per-quarter and per-year. This helps anyone who’s curious see the ups-and-downs of the borrowing market, which you can find on the Fed’s website (they’re that hi-tech).