[Economic Report of the President (1998)] [Administration of William J. Clinton] [Online through the Government Printing Office, www.gpo.gov] Table B-71.--Aggregate reserves of depository institutions and monetary base, 1959-97 [Averages of daily figures\1\; millions of dollars; seasonally adjusted, except as noted] -------------------------------------------------------------------------------------------------------------------------------------------------------- Adjusted for changes in reserve requirements\2\ Borrowings of depository -------------------------------------------------------- institutions from the Federal Reserves of depository institutions Reserve, NSA --------------------------------------------- -------------------------------- Year and month Nonbor- rowed Mone- Total Nonbor- plus Required tary base Total Seasonal Extended rowed extended credit credit -------------------------------------------------------------------------------------------------------------------------------------------------------- December: 1959......................................................... 11,109 10,168 10,168 10,603 40,880 941 ......... ......... 1960......................................................... 11,247 11,172 11,172 10,503 40,977 74 ......... ......... 1961......................................................... 11,499 11,366 11,366 10,915 41,853 133 ......... ......... 1962......................................................... 11,604 11,344 11,344 11,033 42,957 260 ......... ......... 1963......................................................... 11,730 11,397 11,397 11,239 45,003 332 ......... ......... 1964......................................................... 12,011 11,747 11,747 11,605 47,161 264 ......... ......... 1965......................................................... 12,316 11,872 11,872 11,892 49,620 444 ......... ......... 1966......................................................... 12,223 11,690 11,690 11,884 51,565 532 ......... ......... 1967......................................................... 13,180 12,952 12,952 12,805 54,579 228 ......... ......... 1968......................................................... 13,767 13,021 13,021 13,341 58,357 746 ......... ......... 1969......................................................... 14,168 13,049 13,049 13,882 61,569 1,119 ......... ......... 1970......................................................... 14,558 14,225 14,225 14,309 65,013 332 ......... ......... 1971......................................................... 15,230 15,104 15,104 15,049 69,108 126 ......... ......... 1972......................................................... 16,645 15,595 15,595 16,361 75,167 1,050 ......... ......... 1973......................................................... 17,021 15,723 15,723 16,717 81,073 1,298 41 ......... 1974......................................................... 17,550 16,823 16,970 17,292 87,535 727 32 147 1975......................................................... 17,822 17,692 17,704 17,556 93,887 130 14 12 1976......................................................... 18,388 18,335 18,335 18,115 101,515 53 13 ......... 1977......................................................... 18,990 18,420 18,420 18,800 110,324 569 55 ......... 1978......................................................... 19,753 18,885 18,885 19,521 120,445 868 135 ......... 1979......................................................... 20,720 19,248 19,248 20,279 131,143 1,473 82 ......... 1980......................................................... 22,015 20,325 20,328 21,501 142,004 1,690 116 3 1981......................................................... 22,443 21,807 21,956 22,124 149,021 636 54 148 1982......................................................... 23,600 22,966 23,152 23,100 160,127 634 33 186 1983......................................................... 25,367 24,593 24,595 24,806 175,467 774 96 2 1984......................................................... 26,854 23,668 26,272 26,000 187,333 3,186 113 2,604 1985......................................................... 31,463 30,144 30,643 30,426 203,609 1,318 56 499 1986......................................................... 38,972 38,146 38,449 37,603 223,651 827 38 303 1987......................................................... 38,895 38,118 38,601 37,849 239,799 777 93 483 1988......................................................... 40,428 38,712 39,957 39,381 256,905 1,716 130 1,244 1989......................................................... 40,522 40,257 40,277 39,600 267,625 265 84 20 1990......................................................... 41,797 41,471 41,494 40,132 293,190 326 76 23 1991......................................................... 45,563 45,371 45,371 44,584 317,403 192 38 1 1992......................................................... 54,383 54,260 54,260 53,228 351,347 124 18 1 1993......................................................... 60,545 60,463 60,463 59,482 386,880 82 31 0 1994......................................................... 59,404 59,195 59,195 58,236 418,484 209 100 0 1995......................................................... 56,386 56,129 56,129 55,108 434,523 257 40 0 1996......................................................... 50,063 49,908 49,908 48,639 452,669 155 68 0 1997 ........................................................ 47,196 46,872 46,872 45,513 481,230 324 79 0 1996: Jan...................................................... 55,691 55,653 55,653 54,206 434,518 38 7 0 Feb....................................................... 54,810 54,775 54,775 53,959 433,584 35 8 0 Mar....................................................... 55,613 55,592 55,592 54,476 436,733 21 10 0 Apr....................................................... 55,155 55,064 55,064 54,035 437,075 91 34 0 May....................................................... 54,168 54,040 54,040 53,308 437,881 127 105 0 June...................................................... 54,038 53,652 53,652 52,888 439,686 386 192 0 July...................................................... 53,221 52,854 52,854 52,156 442,262 368 284 0 Aug....................................................... 52,181 51,847 51,847 51,221 443,999 334 309 0 Sept...................................................... 51,280 50,912 50,912 50,242 445,812 368 306 0 Oct....................................................... 50,076 49,789 49,789 49,082 447,077 287 212 0 Nov....................................................... 49,811 49,597 49,597 48,776 449,365 214 109 0 Dec....................................................... 50,063 49,908 49,908 48,639 452,669 155 68 0 1997: Jan...................................................... 49,517 49,472 49,472 48,293 454,137 45 19 0 Feb....................................................... 49,008 48,966 48,966 47,977 456,284 42 21 0 Mar....................................................... 48,312 48,155 48,155 47,151 457,623 156 37 0 Apr....................................................... 47,430 47,170 47,170 46,420 458,235 261 88 0 May....................................................... 47,048 46,805 46,805 45,808 459,602 243 173 0 June...................................................... 47,108 46,741 46,741 45,828 461,401 367 243 0 July...................................................... 46,885 46,476 46,476 45,683 464,212 409 330 0 Aug....................................................... 47,414 46,816 46,816 46,161 466,456 598 385 0 Sept...................................................... 46,666 46,229 46,229 45,371 469,353 438 368 0 Oct....................................................... 46,454 46,184 46,184 45,058 472,022 270 227 0 Nov....................................................... 46,865 46,712 46,712 45,248 476,484 153 115 0 Dec ...................................................... 47,196 46,872 46,872 45,513 481,230 324 79 0 -------------------------------------------------------------------------------------------------------------------------------------------------------- \1\Data are prorated averages of biweekly (maintenance period) averages of daily figures. \2\Aggregate reserves incorporate adjustments for discontinuities associated with regulatory changes to reserve requirements. For details on aggregate reserves series see Federal Reserve Bulletin. Note.--NSA indicates data are not seasonally adjusted. Source: Board of Governors of the Federal Reserve System.