SWA2014-Wealth | Table 6.12 | 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)

View the underlying data on epi.org.