Monday, June 22, 2009

About the Credit Crunch

The following graphs show the year over year percentage change in business, consumer and real estate loans:





Yes, they are all dropping. However, they are all still positive, indicating the rate of growth is slowing. But it is still increasing. Note the closest to actual year over year contracting is business loans. But also notice the rate of year over year change has been lower several times. Also note that consumer and real estate loans have also seen lower year over year rates as well.