Chart Detail

Distribution of debt by its purpose, 1989–2010

1989 1995 1998 2001 2007 2010
Primary residence 66.5% 72.3% 70.0% 72.9% 71.8% 71.4%
Other residential property 8.8 8.2 7.8 6.5 10.8 10.5
Investments excluding real estate 3.9 1 3.3 2.8 1.6 2
Vehicles 10.6 7.6 7.6 7.8 5.5 4.7
Goods and services (including credit-card debt) 6.1 5.7 6.3 5.8 6.2 5.7
Education 2.4 2.7 3.5 3.1 3.6 5.2
Other 1.7 2.4 1.5 1.1 0.5 0.4
Total 100 100 100 100 100 100

Source: Authors' analysis of Federal Reserve Board (2012c) and Bricker et al. (2012)

Updated August 22, 2012

Documentation and methodology

Data for years 2001–2010 are from Bricker et al. (2012). Data for prior years are from the Federal Reserve Board’s Survey of Consumer Finances, Tables Based on the Internal Data.

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