Chart 2 Loan volume also tends to be procyclical, rising faster during economic expansions and slower during recessions. Average Percent Change in Loans Outstanding, by Type, During Recession and Expansion Years (Includes all FDIC-insured commercial banks)

LOAN DISTRIBUTION RECESSION PERIODS EXPANSION PERIODS
Real Estate Loans 6.34% 12.00%
Agricultural Loans 7.0% 5.00%
Commercial and Industrial Loans 5.0% 8.00%
Loans to Individuals 3.0% 10.00%

Source: Federal Deposit Insurance Corporation.