[Economic Report of the President (2003)] [Administration of George W. Bush] [Online through the Government Publishing Office, www.gpo.gov] Table B-70.--Components of money stock measures, 1959-2002 [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 accounts \1\ (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 .8 164.7 .1 151.2 261.0 1971..................................... 52.0 .9 175.1 .2 189.7 292.2 1972..................................... 56.2 1.1 191.6 .2 231.6 321.4 1973..................................... 60.8 1.2 200.3 .3 265.8 326.8 1974..................................... 67.0 1.5 205.1 .4 287.9 338.6 1975..................................... 72.8 1.9 211.3 .9 337.9 388.9 1976..................................... 79.5 2.3 221.5 2.7 390.7 453.2 1977..................................... 87.4 2.6 236.4 4.2 445.5 492.2 1978..................................... 96.0 2.9 249.5 8.5 521.0 481.9 1979..................................... 104.8 3.1 256.6 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..................................... 167.7 4.8 266.7 179.8 885.7 815.3 1986..................................... 180.4 5.2 302.7 235.6 858.4 940.9 1987..................................... 196.7 5.7 287.5 259.5 921.0 937.4 1988..................................... 212.0 6.1 287.0 280.9 1,037.1 926.4 1989..................................... 222.3 6.1 278.6 285.1 1,151.3 893.7 1990..................................... 246.5 7.0 276.9 293.7 1,173.4 922.9 1991..................................... 267.1 7.1 289.7 332.4 1,065.6 1,043.6 1992..................................... 292.2 7.6 339.9 384.4 868.1 1,186.8 1993..................................... 321.6 7.5 385.4 414.6 782.0 1,219.4 1994..................................... 354.1 8.0 383.6 404.1 816.4 1,149.9 1995..................................... 372.1 8.5 389.2 356.7 931.4 1,134.1 1996..................................... 394.0 8.3 401.0 275.8 946.9 1,272.6 1997..................................... 424.4 8.1 393.9 245.8 968.2 1,400.1 1998..................................... 459.3 8.2 378.4 250.5 951.7 1,602.2 1999 .................................... 516.9 8.3 354.5 244.7 955.4 1,738.7 2000..................................... 530.1 8.0 309.9 240.9 1,043.7 1,875.8 2001 .................................... 579.9 7.8 329.9 261.8 973.3 2,308.0 2002 ................................... 625.0 7.5 301.2 285.4 880.1 2,766.4 2001: Jan.................................. 533.6 8.1 312.0 242.2 1,049.2 1,895.8 Feb.................................. 536.7 8.0 311.2 243.1 1,049.4 1,929.3 Mar.................................. 539.4 7.9 313.5 246.5 1,046.5 1,962.8 Apr.................................. 542.6 7.8 310.8 248.6 1,042.9 1,997.7 May.................................. 546.1 7.9 313.0 249.6 1,040.6 2,025.5 June................................. 549.2 8.2 312.9 255.2 1,033.3 2,061.9 July................................. 554.2 8.6 314.8 261.0 1,024.1 2,089.6 Aug.................................. 562.7 8.8 317.8 258.1 1,016.5 2,131.2 Sept................................. 567.7 8.4 365.4 258.6 1,009.5 2,184.7 Oct.................................. 571.4 8.2 327.9 253.6 999.7 2,217.1 Nov.................................. 575.0 7.8 326.3 254.7 987.2 2,268.9 Dec ................................. 579.9 7.8 329.9 261.8 973.3 2,308.0 2002: Jan.................................. 586.1 7.8 326.7 262.3 958.4 2,345.6 Feb.................................. 591.4 7.8 324.0 261.6 947.1 2,396.3 Mar.................................. 595.1 7.7 323.2 261.7 938.7 2,417.8 Apr.................................. 599.4 7.7 308.7 260.9 931.7 2,438.1 May.................................. 605.0 7.8 305.5 265.0 928.6 2,484.6 June................................. 611.1 8.2 304.7 266.2 923.7 2,514.2 July................................. 615.1 8.6 303.1 270.6 917.1 2,553.8 Aug.................................. 617.3 8.4 288.2 269.4 910.2 2,619.9 Sept................................. 618.0 8.0 292.4 272.9 900.4 2,660.7 Oct.................................. 619.9 7.7 295.8 276.3 892.2 2,710.8 Nov ................................. 622.0 7.5 292.9 278.6 886.6 2,758.7 Dec ................................ 625.0 7.5 301.2 285.4 880.1 2,766.4 ---------------------------------------------------------------------------------------------------------------- \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. Table B-70.--Components of money stock measures, 1959-2002--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................................................. .0 .0 110.9 12.8 5.8 1974................................................. 1.4 .2 144.7 14.5 8.5 1975................................................. 2.4 .5 129.7 13.8 10.0 1976................................................. 1.8 .6 118.1 24.0 15.2 1977................................................. 1.8 1.0 145.2 32.2 21.7 1978................................................. 5.8 3.5 195.6 44.4 35.1 1979................................................. 33.9 10.4 223.1 48.8 52.7 1980................................................. 62.5 16.0 260.2 58.1 61.4 1981................................................. 151.7 38.2 304.3 67.8 88.8 1982................................................. 184.4 48.8 325.6 71.8 104.2 1983................................................. 136.1 40.9 316.1 97.5 116.6 1984................................................. 164.9 62.2 402.2 107.6 108.9 1985................................................. 174.9 65.2 421.7 121.5 104.2 1986................................................. 208.4 86.2 419.0 146.2 115.7 1987................................................. 222.8 93.6 461.9 178.3 121.5 1988................................................. 244.3 93.7 512.4 196.7 131.7 1989................................................. 320.3 112.1 527.9 169.0 109.4 1990................................................. 356.4 140.7 479.7 151.5 103.3 1991................................................. 370.7 189.9 414.9 131.1 92.3 1992................................................. 351.4 213.8 350.2 141.6 79.5 1993................................................. 352.4 217.0 332.1 172.6 72.8 1994................................................. 380.0 211.1 370.4 196.3 86.3 1995................................................. 447.8 264.2 429.3 198.4 94.0 1996................................................. 515.1 322.5 510.5 210.3 114.5 1997................................................. 590.1 395.7 620.2 253.9 147.2 1998................................................. 733.6 540.1 671.4 293.4 148.8 1999 ................................................ 835.7 638.6 742.4 335.9 168.5 2000................................................ 930.2 796.6 820.1 364.0 190.7 2001 ............................................... 997.9 1,206.5 784.3 375.7 201.9 2002 .............................................. 949.9 1,249.0 793.5 470.1 213.0 2001: Jan.............................................. 942.9 826.4 838.8 364.2 194.8 Feb.............................................. 945.2 883.2 805.1 359.1 203.6 Mar.............................................. 955.2 906.4 779.1 352.7 216.9 Apr.............................................. 964.0 932.0 801.9 372.0 210.3 May.............................................. 957.7 985.3 810.4 377.3 210.0 June............................................. 966.6 1,024.9 813.9 377.8 208.3 July............................................. 974.8 1,036.7 806.5 373.9 210.7 Aug.............................................. 969.5 1,029.7 795.3 370.7 206.8 Sept............................................. 980.2 1,080.2 797.8 360.4 207.0 Oct.............................................. 990.1 1,148.8 789.4 357.1 203.7 Nov.............................................. 994.6 1,180.6 780.8 374.1 206.6 Dec.............................................. 997.9 1,206.5 784.3 375.7 201.9 2002: Jan.............................................. 981.4 1,178.7 794.1 375.6 202.1 Feb.............................................. 970.6 1,177.1 792.2 379.9 209.0 Mar.............................................. 948.6 1,177.3 792.7 377.9 210.9 Apr.............................................. 930.0 1,175.5 806.0 371.8 208.9 May.............................................. 945.9 1,186.0 814.6 371.6 203.9 June............................................. 948.2 1,196.9 813.5 373.3 199.2 July............................................. 967.2 1,192.3 817.8 372.8 199.0 Aug.............................................. 967.0 1,190.8 819.2 398.1 202.9 Sept............................................. 953.1 1,176.6 820.2 417.7 206.8 Oct.............................................. 951.8 1,141.1 828.1 415.9 208.9 Nov.............................................. 956.1 1,218.0 816.9 436.8 211.8 Dec ............................................ 949.9 1,249.0 793.5 470.1 213.0 ---------------------------------------------------------------------------------------------------------------- \3\ Large denomination deposits are those issued in amounts of more than $100,000. Note.--See also Table B-69. Source: Board of Governors of the Federal Reserve System.