FDIC Data

The FDIC website is a treasure-trove of information on how the banking industry, and by extension the economy, is doing.

Here are some charts from right before the October market meltdown.

This one shows the credit-card loss and personal bankruptcy rates:

Notice the huge spike leading up to and subsequent fall off from the more stringent bankruptcy laws passed in 2005.

This chart shows the non-current (i.e. late-payment) rate on real-estate development loans since 1990:

Yes, that rate is climbing, but wow was it bad in 1990!

Here's a similar chart on the rise of non-current loans on private residence mortgages since 2005:

Yikes, over 5% of home mortgages are late!

Finally, here's a chart showing a corresponding fall-off in new mortgages:

 

These charts only show data up to September 2008. The next set due out next month will show what happened in the next 3 months.