[Economic Report of the President (2000)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]



[[Page 386]]

 
Table B-68.--Components of money stock measures, 1959-99
[Averages of daily figures; billions of dollars, seasonally adjusted]
----------------------------------------------------------------------------------------------------------------
Savings
deposits,
Other       Small      including
Nonbank     Demand   checkable    denomi-       money
Year  and  month                Currency  travelers   deposits   deposits     nation      market
checks                (OCDs)       time       deposit
deposits\1\   accounts
(MMDAs)\2\
----------------------------------------------------------------------------------------------------------------
December:
1959.....................................       28.8        0.3      110.8        0.0        11.4        146.5

1960.....................................       28.7         .3      111.6         .0        12.5        159.1
1961.....................................       29.3         .4      115.5         .0        14.8        175.5
1962.....................................       30.3         .4      117.1         .0        20.1        194.8
1963.....................................       32.2         .4      120.6         .1        25.5        214.4
1964.....................................       33.9         .5      125.8         .1        29.2        235.2
1965.....................................       36.0         .5      131.3         .1        34.5        256.9
1966.....................................       38.0         .6      133.4         .1        55.0        253.1
1967.....................................       40.0         .6      142.5         .1        77.8        263.7
1968.....................................       43.0         .7      153.6         .1       100.5        268.9
1969.....................................       45.7         .8      157.3         .2       120.4        263.7

1970.....................................       48.6         .9      164.7         .1       151.2        261.0
1971.....................................       52.0        1.0      175.1         .2       189.7        292.2
1972.....................................       56.2        1.2      191.6         .2       231.6        321.4
1973.....................................       60.8        1.4      200.3         .3       265.8        326.8
1974.....................................       67.0        1.7      205.1         .4       287.9        338.6
1975.....................................       72.8        2.1      211.3         .9       337.9        388.9
1976.....................................       79.5        2.6      221.5        2.7       390.7        453.2
1977.....................................       87.4        2.9      236.4        4.2       445.5        492.2
1978.....................................       96.0        3.3      249.5        8.5       521.0        481.9
1979.....................................      104.8        3.5      256.6       16.8       634.3        423.8

1980.....................................      115.3        3.5      261.2       28.1       728.5        400.3
1981.....................................      122.5        3.6      231.4       78.7       823.1        343.9
1982.....................................      132.5        3.6      234.1      104.1       850.9        400.1
1983.....................................      146.2        4.0      238.5      132.1       784.1        684.9
1984.....................................      156.1        4.3      243.4      147.4       888.8        704.7
1985.....................................      167.9        4.8      266.9      179.8       885.7        815.3
1986.....................................      180.7        5.2      302.8      235.6       858.4        940.9
1987.....................................      196.9        5.7      287.6      259.5       921.0        937.4
1988.....................................      212.2        6.1      287.0      280.9     1,037.1        926.4
1989.....................................      222.6        6.1      278.7      285.1     1,151.3        893.7

1990.....................................      247.0        7.0      276.9      293.7     1,173.4        923.2
1991.....................................      267.5        7.1      289.7      332.5     1,065.6      1,044.4
1992.....................................      292.5        7.5      340.0      384.4       868.1      1,186.7
1993.....................................      322.0        7.4      385.4      414.6       782.1      1,219.1
1994.....................................      354.2        8.0      383.6      404.1       816.5      1,150.0
1995.....................................      372.3        8.5      389.4      356.7       931.7      1,135.1
1996.....................................      394.1        8.3      403.0      276.2       947.6      1,272.3
1997.....................................      424.5        8.1      396.5      246.2       969.3      1,400.2
1998.....................................      459.2        8.2      377.5      248.8       952.0      1,605.0
1999....................................      516.9        8.2      358.9      241.4       952.4      1,738.8

1998:Jan...................................      427.0        8.0      392.8      246.3       970.8      1,413.8
Feb....................................      430.0        8.0      392.3      246.1       970.1      1,428.5
Mar....................................      432.1        8.1      391.0      249.8       968.9      1,439.4
Apr....................................      434.2        8.1      389.2      250.9       967.6      1,459.3
May....................................      436.4        8.2      387.8      246.2       966.0      1,472.2
June...................................      439.2        8.6      384.7      245.9       965.2      1,485.9
July...................................      442.3        9.1      379.3      245.3       962.4      1,505.8
Aug....................................      444.8        9.0      374.8      244.0       959.7      1,522.5
Sept...................................      449.6        8.7      374.4      242.4       958.7      1,543.7
Oct....................................      453.3        8.6      374.7      244.2       957.9      1,563.1
Nov....................................      456.5        8.3      377.0      247.6       955.7      1,582.6
Dec....................................      459.2        8.2      377.5      248.8       952.0      1,605.0

1999:Jan...................................      462.7        8.2      371.1      249.5       946.5      1,622.7
Feb....................................      467.6        8.1      371.8      245.5       940.7      1,633.1
Mar....................................      472.0        8.2      374.1      248.1       936.6      1,636.0
Apr....................................      476.5        8.2      374.0      250.1       933.7      1,657.1
May....................................      480.9        8.3      369.5      246.5       930.8      1,675.1
June...................................      484.1        8.6      363.0      245.9       926.4      1,694.1
July...................................      487.3        9.0      362.7      240.9       926.3      1,715.9
Aug....................................      490.9        9.0      363.4      239.6       929.1      1,725.8
Sept...................................      495.0        8.7      352.9      237.4       934.3      1,742.8
Oct....................................      499.2        8.5      354.5      236.8       939.5      1,746.0
Nov....................................      505.2        8.2      357.2      237.7       947.0      1,742.2
Dec...................................      516.9        8.2      358.9      241.4       952.4     1,738.8
----------------------------------------------------------------------------------------------------------------
\1\Small denomination deposits are those issued in amounts of less than $100,000.
\2\Data prior to 1982 are savings deposits only; MMDA data begin December 1982.

See next page for continuation of table.


[[Page 387]]


Table B-68.--Components of money stock measures, 1959-99--Continued
[Averages of daily figures; billions of dollars, seasonally adjusted]
----------------------------------------------------------------------------------------------------------------
Money market  mutual                 Over-
fund  (MMMF)                   night and
balances           Large        term      Over-
----------------------   denomi-      repur-   night and
Year and month                                               nation      chase       term
time       agree-     Euro-
Retail    Institu-  deposits\3\    ments     dollars
tion only                 (RPs)      (net)
(net)
----------------------------------------------------------------------------------------------------------------
December:
1959.................................................        0.0        0.0         1.2         0.0        0.7

1960.................................................         .0         .0         2.0          .0         .8
1961.................................................         .0         .0         3.9          .0        1.5
1962.................................................         .0         .0         7.0          .0        1.6
1963.................................................         .0         .0        10.8          .0        1.9
1964.................................................         .0         .0        15.2          .0        2.4
1965.................................................         .0         .0        21.2          .0        1.8
1966.................................................         .0         .0        23.1          .0        2.2
1967.................................................         .0         .0        30.9          .0        2.2
1968.................................................         .0         .0        37.4          .0        2.9
1969.................................................         .0         .0        20.4         4.9        2.7

1970.................................................         .0         .0        45.2         3.0        2.4
1971.................................................         .0         .0        57.7         5.2        2.9
1972.................................................         .0         .0        73.3         6.6        3.8
1973.................................................         .1         .0       110.9        12.8        5.8
1974.................................................        1.7         .2       144.7        14.5        8.5
1975.................................................        2.8         .5       129.7        15.0       10.2
1976.................................................        2.5         .6       118.1        25.5       15.4
1977.................................................        2.6        1.0       145.2        33.5       21.9
1978.................................................        6.7        3.5       195.6        45.2       35.3
1979.................................................       34.9       10.4       223.1        49.2       52.8

1980.................................................       63.5       16.0       260.2        58.2       61.5
1981.................................................      152.9       38.2       303.8        67.8       88.9
1982.................................................      185.9       48.8       324.8        71.8      104.3
1983.................................................      138.1       40.9       316.5        97.3      116.6
1984.................................................      167.0       61.8       403.2       107.3      108.9
1985.................................................      177.1       64.6       422.4       121.2      104.2
1986.................................................      210.4       85.5       420.2       145.8      115.7
1987.................................................      224.7       92.7       467.1       178.0      121.5
1988.................................................      246.1       92.8       518.3       196.5      131.7
1989.................................................      322.3      111.1       541.5       169.1      109.4

1990.................................................      358.0      139.6       482.1       151.5      103.3
1991.................................................      373.1      187.7       417.6       131.1       92.3
1992.................................................      354.7      210.5       354.4       141.6       79.5
1993.................................................      357.0      212.5       334.5       172.6       72.7
1994.................................................      385.8      204.7       364.4       196.4       86.1
1995.................................................      455.5      255.9       421.0       198.7       93.7
1996.................................................      522.8      313.3       493.1       211.3      113.9
1997.................................................      602.0      379.9       575.7       251.7      149.3
1998.................................................      750.7      516.2       629.5       297.8      150.7
1999................................................      846.1      606.7       715.9       329.6      169.9

1998:Jan...............................................      612.6      385.9       582.0       258.8      150.0
Feb................................................      625.9      391.3       592.1       253.5      145.4
Mar................................................      636.7      399.8       606.4       267.4      141.8
Apr................................................      645.6      414.4       607.1       268.0      141.9
May................................................      657.5      426.9       612.2       269.1      145.4
June...............................................      668.8      437.7       620.3       268.0      146.3
July...............................................      671.5      441.9       613.6       270.7      149.2
Aug................................................      686.1      454.5       620.2       277.6      153.5
Sept...............................................      707.1      467.8       621.3       282.0      154.4
Oct................................................      724.2      486.7       621.4       282.6      155.5
Nov................................................      736.8      503.8       625.0       289.2      154.5
Dec................................................      750.7      516.2       629.5       297.8      150.7

1999:Jan...............................................      764.8      515.0       637.3       292.3      147.3
Feb................................................      779.1      529.9       626.3       309.9      153.1
Mar................................................      780.9      529.1       617.1       298.1      159.4
Apr................................................      789.3      538.4       623.7       289.9      163.5
May................................................      795.8      544.6       621.6       295.4      165.0
June...............................................      801.6      548.1       618.2       308.4      168.1
July...............................................      802.9      546.0       626.7       308.9      165.7
Aug................................................      809.5      556.4       621.1       310.7      161.1
Sept...............................................      815.4      559.3       630.8       310.4      160.3
Oct................................................      821.9      571.0       654.3       307.3      157.3
Nov................................................      829.9      588.8       685.7       317.3      165.5
Dec...............................................      846.1      606.7       715.9       329.6     169.9
----------------------------------------------------------------------------------------------------------------
\3\Large denomination deposits are those issued in amounts of more than $100,000.

Note.--See also Table B-67.

Source: Board of Governors of the Federal Reserve System.