[Economic Indicators October, 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 September, M2 and M3 accelerated.
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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 r 12,988.5 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 14,432.9 -4.1 4.7 7.5 5.4
1997:Dec .................................. 1,073.4 4,031.9 5,430.8 15,226.1 -.7 5.7 9.2 5.5
1998:Dec .................................. 1,097.0 4,385.9 6,027.8 16,261.3 2.2 8.8 11.0 6.8
1999:Dec .................................. 1,124.8 4,653.3 6,527.9 17,335.2 2.5 6.1 8.3 6.6
2000:Dec .................................. 1,088.2 4,945.1 r 7,108.5 r 18,249.8 -3.3 6.3 8.9 5.3
2000:Aug .................................. 1,099.4 4,838.0 6,917.7 r 17,963.7 -1.8 6.3 9.5 5.7
Sept ................................ 1,096.0 4,870.0 6,971.4 r 18,041.7 -3.2 6.3 8.9 5.3
Oct ................................. 1,096.1 4,891.4 6,995.7 r 18,090.5 -3.9 5.5 8.0 4.7
Nov ................................. 1,087.2 4,906.8 r 7,023.8 r 18,166.4 -3.5 5.9 7.9 4.7
Dec ................................. 1,088.2 4,945.1 r 7,108.5 r 18,249.8 -3.1 6.6 8.8 4.7
2001:Jan .................................. 1,099.5 4,995.2 r 7,210.2 r 18,299.8 -.7 7.8 10.3 4.5
Feb ................................. 1,100.2 5,040.3 r 7,281.8 r 18,379.8 .1 8.4 10.5 r 4.6
Mar ................................. 1,112.8 5,100.7 r 7,352.0 r 18,473.8 3.1 9.5 10.9 4.8
Apr ................................. 1,117.6 5,146.3 r 7,468.8 r 18,553.6 3.9 10.4 13.5 5.1
May ................................. 1,116.9 5,170.7 r 7,556.0 r 18,656.9 5.5 10.8 15.2 r 5.4
June r............................... 1,122.7 5,214.3 7,637.6 18,751.7 6.3 10.9 14.9 5.5
July r............................... 1,135.4 5,253.5 7,679.4 18,803.2 6.5 10.3 13.0 5.5
Aug r................................ 1,143.2 5,287.1 7,677.2 p 18,887.8 9.8 10.9 5.5
Sept................................. 1,194.6 5,398.1 7,821.6 .............. 14.7 11.7 12.8 .......
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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.