[Economic Indicators December, 1997]
[Page Number 27]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
               COMPONENTS OF MONEY STOCK AND LIQUID ASSETS

                                                              [Averages of daily figures; billions of dollars, seasonally adjusted]                                                             
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                                                                         Money market  mutual   Savings                                                                                         
                                                                            fund  balances     deposits,                                                                                        
                                                                 Other  ----------------------                                         Overnight  Overnight            Short-   Bank-           
                                                                check-                         including      Small         Large      and term    and term    Sav-     term     ers'   Com- mer-
                  Period                   Currency   Demand     able                             money   denomination  denomination  repurchase    Euro-      ings    Treas-    ac-       cial 
                                                     deposits  deposits               Insti-     market    time  depos-     time      agreements   dollars    bonds     ury     cept-     paper 
                                                                (OCDs)   Retail \1\   tution    deposit      its \3\    deposits \3\     (RPs)      (net)             securi-   ances           
                                                                                     only \2\   accounts                                 (net)                          ties                    
                                                                                                (MMDAs)                                                                                         
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1987:Dec ................................     196.8     286.8     259.5       224.6      92.0     937.4         921.0        467.0        172.6      108.2     100.6    249.5     44.5     272.7
1988:Dec ................................     212.3     286.8     280.9       245.9      92.3     926.3       1,037.1        518.3        189.0      117.0     109.4    266.8     40.2     334.3
1989:Dec ................................     222.7     279.3     285.3       321.7     110.3     893.7       1,151.4        541.5        158.0       95.2     117.5    324.0     40.7     344.6
1990:Dec ................................     246.8     277.4     293.9       357.1     138.0     923.8       1,172.8        480.9        138.8       88.7     126.0    334.1     36.1     354.4
1991:Dec ................................     267.3     289.6     332.5       371.9     185.5   1,045.0       1,065.4        416.5        119.5       79.3     137.9    328.8     23.8     335.2
1992:Dec.................................     292.9     339.5     384.4       353.5     207.5   1,187.3         868.3        353.4        128.6       67.0     156.6    344.7     20.8     365.5
1993:Dec.................................     322.2     385.2     414.5       354.9     209.5   1,219.2         782.6        333.4        158.6       66.4     171.5    340.5     14.8     386.6
1994:Dec.................................     354.4     384.1     403.8       384.3     198.5   1,149.6         817.5        363.1        182.9       80.8     180.2    383.0     14.0     403.9
1995:Dec.................................     372.6     391.1     356.5       455.2     246.9   1,137.1         933.7        419.8        182.1       88.7     184.8    469.9     11.2     439.3
1996:Dec.................................     395.2     402.6     274.8       521.5     299.3   1,271.0         945.7        491.5        194.1      113.9     187.0    456.5     12.2     495.5
                                                                                                                                                                                                
1996:Oct.................................     390.2     398.4     283.2       512.0     288.1   1,246.3         941.0        480.9        196.0      105.1     187.1  r 476.7     12.1     479.6
      Nov................................     392.5     402.2     276.8       515.2     292.0   1,259.0         943.9        483.4        195.3      107.1     187.0    480.0     12.2     483.2
      Dec................................     395.2     402.6     274.8       521.5     299.3   1,271.0         945.7        491.5        194.1      113.9     187.0    456.5     12.2     495.5
                                                                                                                                                                                                
1997:Jan.................................     397.0     401.6     272.5       525.7     296.3   1,282.5         946.8        493.3        198.3      117.5     186.7    436.1     11.9     509.1
      Feb................................     400.5     404.3     267.3       530.6     305.4   1,290.5         948.2        500.1        202.1      119.7     186.4  r 437.7     12.7     517.5
      Mar................................     402.4     403.1     261.5       538.3     311.8   1,304.3         947.4        509.1        200.6      121.7     186.3  r 441.6     13.5     525.9
      Apr................................     403.7     395.6     257.7       548.1     311.6   1,321.1         948.9        522.1        204.1      126.6     186.2  r 448.4     12.8     537.8
      May................................     406.1     395.7     252.8       543.9     311.6   1,320.9         953.3        523.6        204.5      133.5     186.2  r 457.1     13.1     543.9
      June...............................     407.7     397.2     250.1       548.0     318.9   1,325.4         957.9        533.0        198.7      128.8     186.3  r 451.7     12.6     555.9
      July...............................     410.2     396.4     247.2       552.5     324.1   1,329.9         960.9        551.1        207.1      129.8     186.4  r 431.5     12.9     566.8
      Aug................................     412.1     402.0     247.2       567.0     329.2   1,341.4         962.5        557.2        208.6      133.4     186.5  r 448.2     13.3     563.9
      Sept...............................     415.4     390.6     246.7       578.3     338.9   1,356.7       r 964.3        570.9        205.7    r 134.4     186.5  r 453.1   r 13.0   r 563.5
      Oct r..............................     418.0     386.4     244.8       581.8     345.3   1,370.2         966.5        574.6        217.6      131.6   p 186.5  p 438.8   p 13.2   p 568.9
      Nov................................     421.9     391.0     243.0       588.0     346.4   1,380.2         966.6        581.4        233.5      133.1   .......  .......  .......  ........
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    \1\ Balances in money funds with 
minimum initial investments of less 
than $50,000.
    \2\ Balances in money funds with 
minimum initial investments of 
$50,000 or more.
    \3\ Small denomination and large 
denomination deposits are those 
issued in amounts of less than 
$100,000 and more than $100,000, 
respectively.
    Note.--Travelers checks of 
nonbank issuers are a component of 
money stock but are not shown here.

    Source: Board of Governors of 
the Federal Reserve System.