Chart 3
Private non-financial corporation borrowing

billions of dollars -10 -5 0 5 10 15 20 25 Oct. 2021 Nov. 2022 Non-mortgage loansNon-mortgage loans Mortgage loansMortgage loans Net transactions in debt securitiesNet transactions in debt securities Total borrowing (loans and debt securities)Total borrowing (loans and debt securities)
Note(s):
Borrowing is defined as the month-to-month difference in the stock of outstanding loan liabilities plus the net transactions in debt securities. These data are unadjusted for seasonality.
Source(s):

Chart description


This is a combined line chart.

Private non-financial corporation borrowing, billions of dollars
  Non-mortgage loans Mortgage loans Net transactions in debt securities Total borrowing (loans and debt securities)
October 2021 0.8 1.3 6.9 9.0
November 2021 6.2 2.3 6.7 15.2
December 2021 11.7 2.4 6.4 20.5
January 2022 8.0 1.1 -0.8 8.3
February 2022 7.7 1.4 3.2 12.3
March 2022 6.2 1.8 11.6 19.6
April 2022 13.6 2.9 -1.5 15.0
May 2022 10.6 2.6 -3.5 9.8
June 2022 12.3 2.6 -6.6 8.3
July 2022 14.9 2.1 -2.0 15.0
August 2022 13.8 1.4 0.3 15.5
September 2022 13.8 0.9 -1.5 13.2
October 2022 6.3 1.4 -3.7 4.0
November 2022 -1.6 1.3 2.7 2.4
Note(s):
Borrowing is defined as the month-to-month difference in the stock of outstanding loan liabilities plus the net transactions in debt securities. These data are unadjusted for seasonality.
Source(s):
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