[Economic Report of the President (2001)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


MONEY STOCK, CREDIT, AND FINANCE
 
Table B-69.--Money stock and debt measures, 1959-2000
[Averages of daily figures, except debt; billions of dollars, seasonally adjusted]
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M1           M2           M3          Debt\1\     Percent change from year or 6
------------------------------------------------------        months earlier\2\
Sum of      M1 plus                               -------------------------------
currency,      retail       M2 plus       Debt of
demand        MMMF      large time     domestic
deposits,    balances,     deposits,   nonfinancial
Year  and  month                            travelers     savings     RPs, Euro-      sectors
checks, and    deposits   dollars, and    (monthly      M1      M2      M3     Debt
other     (including   institution-  average of
checkable   MMDAs), and     only MMMF    adjacent
deposits    small time    balances      month-end
(OCDs)      deposits                    levels)
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December:
1959............................................................        140.0        297.8        299.7         687.7   ......  ......  ......     7.7

1960............................................................        140.7        312.4        315.2         723.1      0.5     4.9     5.2     5.1
1961............................................................        145.2        335.5        340.8         765.9      3.2     7.4     8.1     5.9
1962............................................................        147.8        362.7        371.3         818.7      1.8     8.1     8.9     6.9
1963............................................................        153.3        393.2        405.9         873.6      3.7     8.4     9.3     6.7
1964............................................................        160.3        424.7        442.4         937.1      4.6     8.0     9.0     7.3
1965............................................................        167.8        459.2        482.1       1,004.1      4.7     8.1     9.0     7.1
1966............................................................        172.0        480.2        505.4       1,071.3      2.5     4.6     4.8     6.7
1967............................................................        183.3        524.8        557.9       1,145.7      6.6     9.3    10.4     6.9
1968............................................................        197.4        566.8        607.2       1,237.3      7.7     8.0     8.8     8.0
1969............................................................        203.9        587.9        615.9       1,327.4      3.3     3.7     1.4     7.3

1970............................................................        214.3        626.4        677.0       1,416.8      5.1     6.5     9.9     6.7
1971............................................................        228.2        710.1        775.9       1,550.5      6.5    13.4    14.6     9.4
1972............................................................        249.1        802.1        885.8       1,706.8      9.2    13.0    14.2    10.1
1973............................................................        262.7        855.2        984.7       1,892.0      5.5     6.6    11.2    10.9
1974............................................................        274.0        901.9      1,069.7       2,065.0      4.3     5.5     8.6     9.1
1975............................................................        286.8      1,015.9      1,171.2       2,252.4      4.7    12.6     9.5     9.1
1976............................................................        305.9      1,151.7      1,311.3       2,497.2      6.7    13.4    12.0    10.9
1977............................................................        330.5      1,269.9      1,471.5       2,814.1      8.0    10.3    12.2    12.7
1978............................................................        356.9      1,365.5      1,645.1       3,202.8      8.0     7.5    11.8    13.8
1979............................................................        381.4      1,473.1      1,808.5       3,591.9      6.9     7.9     9.9    12.1

1980............................................................        408.1      1,599.1      1,995.0       3,934.2      7.0     8.6    10.3     9.5
1981............................................................        436.2      1,754.6      2,253.3       4,345.9      6.9     9.7    12.9    10.5
1982............................................................        474.3      1,909.5      2,459.2       4,782.2      8.7     8.8     9.1    10.0
1983............................................................        520.8      2,126.0      2,697.3       5,351.8      9.8    11.3     9.7    11.9
1984............................................................        551.2      2,309.7      2,990.7       6,148.8      5.8     8.6    10.9    14.9
1985............................................................        619.3      2,495.4      3,207.5       7,068.4     12.4     8.0     7.2    15.0
1986............................................................        724.2      2,732.1      3,498.8       7,933.6     16.9     9.5     9.1    12.2
1987............................................................        749.6      2,831.1      3,689.9       8,677.0      3.5     3.6     5.5     9.4
1988............................................................        786.3      2,994.3      3,932.9       9,466.6      4.9     5.8     6.6     9.1
1989............................................................        792.5      3,158.4      4,088.4      10,160.1       .8     5.5     4.0     7.3

1990............................................................        824.4      3,277.6      4,153.0      10,824.7      4.0     3.8     1.6     6.5
1991............................................................        896.3      3,376.8      4,205.4      11,299.5      8.7     3.0     1.3     4.4
1992............................................................      1,024.3      3,430.7      4,217.3      11,823.7     14.3     1.6      .3     4.6
1993............................................................      1,129.7      3,484.4      4,277.8      12,407.6     10.3     1.6     1.4     4.9
1994............................................................      1,150.1      3,499.0      4,351.7      12,988.4      1.8      .4     1.7     4.7
1995............................................................      1,126.8      3,641.9      4,614.5      13,694.9     -2.0     4.1     6.0     5.4
1996............................................................      1,081.1      3,813.3      4,949.4      14,430.8     -4.1     4.7     7.3     5.4
1997............................................................      1,073.9      4,028.9      5,400.2      15,223.1      -.7     5.7     9.1     5.5
1998............................................................      1,097.4      4,380.6      5,994.0      16,276.0      2.2     8.7    11.0     6.9
1999 ...........................................................      1,123.0      4,643.7      6,489.8      17,376.7      2.3     6.0     8.3     6.8

1999: Jan.........................................................      1,096.0      4,406.0      6,026.2      16,353.7      3.5     9.6    11.4     6.4
Feb.........................................................      1,094.3      4,432.2      6,075.9      16,436.3      4.0     9.6    11.0     6.3
Mar.........................................................      1,101.4      4,449.1      6,086.5      16,560.7      4.3     8.3     9.1     6.8
Apr.........................................................      1,107.2      4,476.4      6,123.1      16,677.3      4.1     7.6     8.1     7.2
May.........................................................      1,101.7      4,498.9      6,155.5      16,763.9      1.5     6.9     7.2     7.1
June........................................................      1,100.1      4,516.9      6,187.0      16,845.1       .5     6.2     6.4     7.0
July........................................................      1,099.5      4,539.7      6,211.8      16,917.8       .6     6.1     6.2     6.9
Aug.........................................................      1,098.7      4,557.5      6,231.4      17,014.8       .8     5.7     5.1     7.0
Sept........................................................      1,096.1      4,576.8      6,259.9      17,121.4     -1.0     5.7     5.7     6.8
Oct.........................................................      1,101.4      4,594.6      6,312.9      17,204.3     -1.0     5.3     6.2     6.3
Nov.........................................................      1,109.6      4,614.6      6,393.7      17,272.9      1.4     5.1     7.7     6.1
Dec.........................................................      1,123.0      4,643.7      6,489.8      17,376.7      4.2     5.6     9.8     6.3

2000: Jan.........................................................      1,118.9      4,668.8      6,537.7      17,452.7      3.5     5.7    10.5     6.3
Feb.........................................................      1,104.5      4,682.0      6,560.9      17,509.7      1.1     5.5    10.6     5.8
Mar.........................................................      1,110.4      4,720.1      6,639.8      17,619.5      2.6     6.3    12.1     5.8
Apr.........................................................      1,115.1      4,762.3      6,691.7      17,719.2      2.5     7.3    12.0     6.0
May.........................................................      1,105.9      4,761.0      6,714.1      17,795.4      -.7     6.3    10.0     6.0
June........................................................      1,104.7      4,776.5      6,757.5      17,876.1     -3.3     5.7     8.2     5.7
July........................................................      1,104.9      4,790.9      6,807.2      17,939.9     -2.5     5.2     8.2     5.6
Aug.........................................................      1,101.5      4,821.3      6,863.3      17,999.1      -.5     6.0     9.2     5.6
Sept........................................................      1,096.7      4,857.5      6,913.4      18,074.5     -2.5     5.8     8.2     5.2
Oct.........................................................      1,100.8      4,875.8      6,936.2      18,115.0     -2.6     4.8     7.3     4.5
Nov .......................................................      1,090.7      4,886.8      6,954.6   ............    -2.7     5.3     7.2  ......
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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; monthly changes are from 6 months earlier at a simple annual rate.

Note.--See Table B-70, for components.
Data are as released on December 14, 2000.

Source: Board of Governors of the Federal Reserve System.