A line graph showing the ratio of nonfarm, nonfinancial debt to cash flow from 1975 through first quarter 2002. The ratio was 4.43 in 1975, 4.0 in 1976, 3.99 in 1977, 3.99 in 1978, 4.07 in 1979, 4.36 in 1980, 3.99 in 1981, 3.99 in 1982, 3.95 in 1983, 3.95 in 1984, 4.22 in 1985, 5.20 in 1986, 5.15 in 1987, 5.12 in 1988, 5.69 in 1989, 5.80 in 1990, 5.47 in 1991, 5.32 in 1992, 4.94 in 1993, 4.68 in 1994, 4.43 in 1995, 4.40 in 1996, 4.58 in 1997, 5.10 in 1998, 5.40 in 1999, 5.75 in 2000, 5.74 in 2001, and 5.93 in first quarter 2002.