Chart 3
Private non-financial corporation borrowing

billions of dollars -10 -5 0 5 10 15 20 25 Mar. 2022 Apr. 2023 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)
March 2022 5.9 1.9 11.6 19.3
April 2022 13.4 3.0 -1.5 14.9
May 2022 10.4 2.8 -3.5 9.7
June 2022 12.1 2.7 -6.6 8.2
July 2022 14.1 1.8 -2.0 13.9
August 2022 13.0 1.0 0.3 14.4
September 2022 13.1 0.6 -1.5 12.2
October 2022 7.9 1.1 -3.7 5.3
November 2022 -0.6 1.1 4.0 4.6
December 2022 6.5 1.1 -4.6 3.0
January 2023 2.4 1.1 0.0 3.5
February 2023 10.2 0.5 1.2 11.9
March 2023 0.9 0.9 11.0 12.9
April 2023 5.1 1.1 -2.0 4.1
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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