[Economic Report of the President (2002)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-71.--Aggregate reserves of depository institutions and monetary base, 1959-2001
[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.........................................................     26,912     23,726     26,330     26,078     187,244      3,186        113      2,604
1985.........................................................     31,558     30,239     30,739     30,495     203,551      1,318         56        499
1986.........................................................     38,826     37,999     38,302     37,652     223,432        827         38        303
1987.........................................................     38,896     38,118     38,602     37,876     239,848        777         93        483
1988.........................................................     40,435     38,719     39,963     39,373     256,897      1,716        130      1,244
1989.........................................................     40,469     40,203     40,223     39,527     267,735        265         84         20

1990.........................................................     41,747     41,422     41,444     40,083     293,268        326         76         23
1991.........................................................     45,493     45,301     45,302     44,504     317,549        192         38          1
1992.........................................................     54,391     54,267     54,268     53,237     350,840        124         18          1
1993.........................................................     60,532     60,450     60,450     59,463     386,510         82         31          0
1994.........................................................     59,420     59,211     59,211     58,261     418,166        209        100          0
1995.........................................................     56,452     56,195     56,195     55,162     434,307        257         40          0
1996.........................................................     50,154     49,999     49,999     48,738     451,712        155         68          0
1997.........................................................     46,848     46,524     46,524     45,164     479,466        324         79          0
1998.........................................................     45,183     45,066     45,066     43,669     513,489        117         15          0
1999 ........................................................     41,778     41,457     41,457     40,481     593,094    \3\ 320         67          0

2000.........................................................     38,440     38,230     38,230     37,012     583,816        210        111          0
2001 .......................................................     41,029     40,962     40,962     39,390     634,380         67         33          0

2000: Jan......................................................     43,203     42,829     42,829     41,183     591,863    \3\ 374         31          0
Feb......................................................     41,573     41,465     41,465     40,461     574,297    \3\ 108         44          0
Mar......................................................     40,306     40,127     40,127     39,097     571,470    \3\ 179         71          0
Apr......................................................     40,783     40,479     40,479     39,625     572,494        304        120          0
May......................................................     41,003     40,641     40,641     40,031     574,144        362        276          0
June.....................................................     39,882     39,403     39,403     38,766     575,307        479        389          0

July.....................................................     40,124     39,554     39,554     38,981     576,957        570        510          0
Aug......................................................     39,640     39,061     39,061     38,621     577,524        579        554          0
Sept.....................................................     39,379     38,902     38,902     38,260     578,298        477        427          0
Oct......................................................     39,013     38,595     38,595     37,864     579,623        418        299          0
Nov .....................................................     39,020     38,737     38,737     37,712     581,401        283        159          0
Dec .....................................................     38,440     38,230     38,230     37,012     583,816        210        111          0

2001: Jan......................................................     38,771     38,698     38,698     37,387     589,340         73         34          0
Feb......................................................     38,827     38,775     38,775     37,319     591,048         51         21          0
Mar......................................................     38,267     38,209     38,209     36,867     592,420         58         20          0
Apr......................................................     38,786     38,735     38,735     37,509     595,932         51         35          0
May......................................................     38,881     38,667     38,667     37,861     599,084        213         79          0
June.....................................................     38,758     38,528     38,528     37,396     601,869        229        120          0

July.....................................................     39,642     39,359     39,359     38,234     607,700        283        174          0
Aug......................................................     39,940     39,757     39,757     38,731     615,519        183        164          0
Sept.....................................................     57,887     54,502     54,502     38,868     639,777      3,385         93          0
Oct......................................................     45,463     45,336     45,336     44,142     629,998        127         67          0
Nov .....................................................     40,534     40,450     40,450     39,048     629,058         84         33          0
Dec ....................................................     41,029     40,962     40,962     39,390     634,380         67         33          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.
\3\Total includes borrowing under the terms and conditions established for the Century Date Change Special Liquidity Facility in effect from October 1,
1999 through April 7, 2000.

Note.--NSA indicates data are not seasonally adjusted.

Source: Board of Governors of the Federal Reserve System.