[Economic Report of the President (2003)]
[Administration of George W. Bush]
[Online through the Government Printing 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.