[Economic Indicators November, 2000]
[Page Number 26]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
                   MONEY, CREDIT, AND SECURITY MARKETS

MONEY STOCK AND DEBT MEASURES

In October, M2 and M3 rose, but slowed.
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                                 [Averages of daily figures, except as noted; billions of dollars, seasonally adjusted]
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                                                    M1                 M2                  M3              Debt          Percent change from year or 6
                                            -------------------------------------------------------------------------          months earlier\2\
                                                                                                          Debt of    -----------------------------------
                                             Sum of currency,    M1 plus retail      M2 plus large       domestic
                                             demand deposits,    MMMF balances,      time deposits,    nonfinancial
                   Period                       travelers'      savings deposits       RPs, Euro-         sectors
                                                checks, and    (including MMDAs),     dollars, and       (monthly        M1       M2       M3      Debt
                                              other checkable    and small time     institution-  al    average of
                                              deposits (OCDs)       deposits         MMMF  balances   adjacent month-
                                                                                                      end levels)\1\
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1990:Dec...................................             824.4             3,280.4           4,155.8        10,824.7       4.0      3.8      1.6      6.5
1991:Dec...................................             896.3             3,380.4           4,208.2        11,299.5       8.7      3.0      1.3      4.4
1992:Dec...................................           1,024.3             3,435.2           4,219.2        11,823.7      14.3      1.6       .3      4.6
1993:Dec...................................           1,129.7             3,490.3           4,280.0        12,407.6      10.3      1.6      1.4      4.9
1994:Dec...................................           1,150.1             3,504.4           4,354.1        12,988.4       1.8       .4      1.7      4.7
1995:Dec...................................           1,126.8             3,648.9           4,617.4        13,694.9      -2.0      4.1      6.0      5.4
1996:Dec...................................           1,081.1             3,821.6           4,952.4        14,430.8      -4.1      4.7      7.3      5.4
1997:Dec ..................................           1,073.9             4,040.2           5,403.2        15,223.1       -.7      5.7      9.1      5.5
1998:Dec ..................................           1,097.4             4,395.0           5,996.7        16,276.4       2.2      8.8     11.0      6.9
1999:Dec ..................................           1,122.9             4,659.8         r 6,491.1        17,377.2       2.3      6.0      8.2      6.8
 
1999:Sept .................................           1,096.1             4,591.2         r 6,261.0        17,121.1      -1.0      5.8      5.7      6.8
      Oct .................................           1,101.3             4,608.8           6,313.9        17,204.8      -1.1      5.3      6.2      6.3
      Nov .................................           1,109.5             4,630.3         r 6,394.9        17,273.4       1.4      5.2      7.7      6.1
      Dec .................................           1,122.9             4,659.8         r 6,491.1        17,377.2       4.1      5.7      9.8      6.3
 
2000:Jan ..................................           1,118.9             4,684.9         r 6,539.0        17,451.8       3.5      5.8     10.5      6.3
      Feb .................................           1,104.5             4,697.9         r 6,562.1        17,508.3       1.1      5.5     10.6      5.8
      Mar .................................           1,110.4             4,735.9         r 6,640.5        17,620.5       2.6      6.3     12.1      5.8
      Apr .................................           1,115.1             4,778.1         r 6,692.4        17,719.4       2.5      7.3     12.0      6.0
      May r................................           1,105.0             4,776.3           6,714.4        17,794.9       -.8      6.3     10.0      6.0
      June r...............................           1,103.4             4,791.4           6,757.6        17,877.3      -3.5      5.6      8.2      5.8
      July r...............................           1,104.4             4,806.2           6,807.2        17,948.4      -2.6      5.2      8.2      5.7
      Aug r................................           1,101.2             4,836.2           6,862.5        18,021.9       -.6      5.9      9.2      5.9
      Sept r...............................           1,095.4             4,871.5           6,910.3                p 18,1-2.7      5.7      8.1      5.6
      Oct .................................           1,099.9             4,889.8           6,936.0   ..............     -2.7      4.7      7.3  .......
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    \1\Consists of outstanding 
credit market debt of the U.S. 
Government, State and local 
governments, and private 
nonfinancial sectors; data derived 
from flow of funds accounts.
    \2\Annual changes are from 
December to December and monthly 
changes are from 6 months earlier at 
a simple annual rate.
    Note.--See p. 27 for components.
    Source: Board of Governors of 
the Federal Reserve System.