[Economic Indicators September, 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 August, M2 rose; M3 fell.
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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\
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1991:Dec................................... 895.9 3,376.6 4,204.2 11,299.5 8.7 3.0 1.3 4.4
1992:Dec................................... 1,024.0 3,430.7 4,215.0 11,823.7 14.3 1.6 .3 4.6
1993:Dec................................... 1,129.2 3,484.3 4,277.4 12,407.6 10.3 1.6 1.5 4.9
1994:Dec................................... 1,149.8 3,498.8 4,359.8 12,988.4 1.8 .4 1.9 4.7
1995:Dec .................................. 1,126.2 3,641.9 4,625.1 13,694.9 -2.1 4.1 6.1 5.4
1996:Dec .................................. 1,080.5 3,814.8 4,971.3 r 14,432.9 -4.1 4.7 7.5 5.4
1997:Dec .................................. 1,073.4 4,031.9 5,430.8 r 15,226.1 -.7 5.7 9.2 5.5
1998:Dec .................................. 1,097.0 4,385.9 6,027.8 r 16,261.3 2.2 8.8 11.0 r 6.8
1999:Dec .................................. 1,124.8 4,653.3 6,527.9 r 17,335.2 2.5 6.1 8.3 6.6
2000:Dec .................................. 1,088.2 4,945.1 7,108.4 r 18,249.9 -3.3 6.3 8.9 r 5.3
2000:July ................................. 1,103.4 4,807.9 6,857.5 r 17,900.6 r -3.5 5.7 8.8 r 5.7
Aug ................................. 1,099.4 4,838.0 6,917.7 r 17,962.7 -1.8 6.3 9.5 r 5.7
Sept ................................ 1,096.0 4,870.0 6,971.4 r 18,041.1 -3.2 6.3 8.9 r 5.3
Oct ................................. 1,096.1 4,891.4 6,995.7 r 18,090.6 -3.9 5.5 8.0 r 4.7
Nov ................................. 1,087.2 4,906.8 7,023.7 r 18,166.6 -3.5 5.9 7.9 r 4.7
Dec ................................. 1,088.2 4,945.1 7,108.4 r 18,249.9 -3.1 6.6 8.8 4.7
2001:Jan .................................. 1,099.5 4,995.2 7,210.1 r 18,300.3 -.7 7.8 10.3 4.5
Feb ................................. 1,100.2 5,040.3 7,281.7 r 18,380.7 .1 8.4 10.5 4.7
Mar ................................. 1,112.8 5,100.7 7,351.9 r 18,474.2 3.1 9.5 10.9 r 4.8
Apr r................................ 1,117.6 5,146.3 7,468.7 18,552.4 3.9 10.4 13.5 5.1
May r................................ 1,116.9 5,170.7 7,555.8 18,651.0 5.5 10.8 15.2 5.3
June r............................... 1,122.7 5,214.2 7,637.3 18,747.1 6.3 10.9 14.9 5.4
July r............................... 1,135.4 5,252.6 7,677.9 p 18,796.5 10.3 13.0 5.4
Aug.................................. 1,142.9 5,284.9 7,673.9 .............. 7.8 9.7 10.8 .......
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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.