[Economic Indicators May, 2001]
[Page Number 26]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
                   MONEY, CREDIT, AND SECURITY MARKETS

MONEY STOCK AND DEBT MEASURES

In April, M2 and M3 rose.
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                                   [Averages of daily figures, except debt; 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\
--------------------------------------------------------------------------------------------------------------------------------------------------------
1991:Dec...................................             895.9             3,376.6           4,202.3        11,299.5       8.7      3.0      1.3      4.4
1992:Dec...................................           1,024.0             3,430.7           4,213.0        11,823.7      14.3      1.6       .3      4.6
1993:Dec...................................           1,129.2             3,484.3           4,275.1        12,407.6      10.3      1.6      1.5      4.9
1994:Dec...................................           1,149.8             3,498.8           4,357.3        12,988.4       1.8       .4      1.9      4.7
1995:Dec...................................           1,126.2             3,641.7           4,622.5        13,694.9      -2.1      4.1      6.1      5.4
1996:Dec...................................           1,080.5             3,814.2           4,968.5        14,430.7      -4.1      4.7      7.5      5.4
1997:Dec...................................           1,073.4             4,030.4           5,427.8        15,223.1       -.7      5.7      9.2      5.5
1998:Dec...................................           1,097.0             4,383.4           6,027.3        16,277.9       2.2      8.8     11.0      6.9
1999:Dec...................................           1,124.3             4,650.0         r 6,526.4        17,379.4       2.5      6.1      8.3      6.8
2000:Dec ..................................           1,090.3             4,943.4         r 7,098.1        18,303.3      -3.0      6.3      8.8      5.3
 
2000:Apr ..................................           1,117.3             4,754.8         r 6,723.9        17,719.1       3.8      6.8     11.5      5.9
      May .................................           1,106.6             4,761.7         r 6,756.3        17,796.4       -.1      6.0      9.7      6.0
      June ................................           1,105.6             4,783.1           6,806.8        17,878.6      -3.3      5.7      8.6      5.7
      July ................................           1,103.9             4,803.3           6,855.3        17,944.6      -3.4      5.7      8.7      5.6
      Aug .................................           1,099.7             4,833.4           6,913.6      r 18,005.6      -1.6      6.3      9.5      5.6
      Sept ................................           1,095.7             4,865.3           6,965.5        18,082.5      -3.1      6.3      8.8      5.3
      Oct .................................           1,096.1             4,887.0         r 6,988.3        18,133.6      -3.8      5.6      7.9      4.7
      Nov .................................           1,088.5             4,904.1         r 7,015.0        18,214.4      -3.3      6.0      7.7      4.7
      Dec .................................           1,090.3             4,943.4         r 7,098.1        18,303.3      -2.8      6.7      8.6      4.8
 
2001:Jan r.................................           1,101.3             4,994.3           7,196.3        18,364.8       -.5      8.0      9.9      4.7
      Feb r................................           1,101.6             5,039.5           7,262.1        18,462.5        .3      8.5     10.1      5.1
      Mar r................................           1,111.5             5,100.7           7,330.1                p 18,572.9      9.7     10.5      5.4
      Apr .................................           1,116.1             5,144.3           7,442.4   ..............      3.6     10.5     13.0  .......
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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.