[Economic Indicators August, 2010]
[Page Number 26]
[From the U.S. Government Publishing Office, www.gpo.gov]


 
                   MONEY, CREDIT, AND SECURITY MARKETS

MONEY STOCK AND DEBT MEASURES

In July, M2 fell.
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                         [Averages of daily figures, except debt end-of-period basis; billions of dollars, seasonally adjusted]
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                                                                       M1                  M2                 Debt                Percent change
                                                               -----------------------------------------------------------------------------------------
                                                                Sum of currency,                                           From year or 6       From
                                                                demand deposits,  M1 plus retail MMMF                      months  earlier    previous
                            Period                                  travelers      balances, savings   Debt of  domestic         \2\         period \3\
                                                                   checks, and    deposits (including     nonfinancial   -------------------------------
                                                                 other checkable   MMDAs), and small      sectors \1\
                                                                 deposits (OCDs)     time deposits                           M1       M2        Debt
--------------------------------------------------------------------------------------------------------------------------------------------------------
2000:Dec .....................................................           1,087.7             4,913.8           18,166.1      -3.1      6.1           5.0
2001:Dec .....................................................           1,182.2             5,429.5           19,298.3       8.7     10.5           6.3
2002:Dec .....................................................           1,220.4             5,778.3           20,716.9       3.2      6.4           7.4
2003:Dec .....................................................           1,306.9             6,067.1           22,444.5       7.1      5.0           8.1
2004:Dec .....................................................           1,376.8             6,409.1           24,443.4       5.3      5.6           8.8
2005:Dec .....................................................           1,375.1             6,674.6           26,770.4       -.1      4.1           9.5
2006:Dec .....................................................           1,367.1             7,075.2           29,186.1       -.6      6.0           9.0
2007:Dec .....................................................           1,374.5             7,505.6           31,717.4        .5      6.1           8.7
2008:Dec .....................................................           1,602.1             8,257.5           33,615.8      16.6     10.0           6.0
2009:Dec .....................................................           1,696.6             8,544.4           34,654.8       5.9      3.5           3.1
 
2009:July ....................................................           1,650.0             8,445.3   .................      8.4      3.0  ............
      Aug ....................................................           1,648.5             8,422.0   .................      9.5      1.5  ............
      Sept ...................................................           1,660.9             8,461.1           34,541.4      10.6      1.2           2.7
      Oct ....................................................           1,676.2             8,494.0   .................      8.4      3.0  ............
      Nov ....................................................           1,687.5             8,525.2   .................      9.8      2.0  ............
      Dec ....................................................           1,696.6             8,544.4           34,654.8       6.1      2.1           1.3
 
2010:Jan .....................................................           1,680.8             8,488.5   .................      3.7      1.0  ............
      Feb r...................................................           1,714.8             8,549.9   .................      8.0      3.0  ............
      Mar r...................................................           1,713.1             8,526.0           35,010.1       6.3      1.5           3.5
      Apr ....................................................           1,701.7             8,498.1   .................      3.0       .1  ............
      May r...................................................           1,706.8             8,580.0   .................      2.3      1.3  ............
      June r..................................................           1,722.7             8,611.2   .................      3.1      1.6  ............
      July ...................................................           1,718.4             8,610.9   .................      4.5      2.9  ............
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    \1\ Quarterly data; shown in 
last month of quarter. End-of-year 
data are for fourth quarter. 
Consists of outstanding credit 
market debt of the U.S. Government, 
State and local governments, and 
private nonfinancial sectors; data 
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.
    \3\ Annual changes are from 
fourth quarter to fourth quarter. 
Quarterly changes are from previous 
quarter at an annual rate.
    Note.--The Federal Reserve no 
longer publishes the M3 monetary 
aggregate and most of its 
components. Institutional money 
market mutual funds continue to be 
published as a memorandum item in 
the H.6 release, and the component 
on large-denomination time deposits 
is published in other Federal 
Reserve Board releases. For details, 
see H.6 release of March 23, 2006.
    See p. 27 for components.

    Source: Board of Governors of 
the Federal Reserve System.