[Economic Report of the President (2003)] [Administration of George W. Bush] [Online through the Government Publishing Office, www.gpo.gov] Table B-71.--Aggregate reserves of depository institutions and monetary base, 1959-2002 [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......................................................... 26,896 23,710 26,314 26,061 187,241 3,186 113 2,604 1985......................................................... 31,541 30,223 30,722 30,478 203,534 1,318 56 499 1986......................................................... 38,841 38,015 38,318 37,668 223,435 827 38 303 1987......................................................... 38,918 38,141 38,624 37,899 239,838 777 93 483 1988......................................................... 40,428 38,712 39,956 39,366 256,872 1,716 130 1,244 1989......................................................... 40,430 40,164 40,184 39,488 267,677 265 84 20 1990......................................................... 41,699 41,374 41,396 40,035 293,266 326 76 23 1991......................................................... 45,451 45,258 45,259 44,461 317,502 192 38 1 1992......................................................... 54,332 54,208 54,209 53,178 350,751 124 18 1 1993......................................................... 60,460 60,378 60,378 59,390 386,477 82 31 0 1994......................................................... 59,369 59,160 59,160 58,209 418,205 209 100 0 1995......................................................... 56,430 56,173 56,173 55,140 434,396 257 40 0 1996......................................................... 50,149 49,994 49,994 48,733 451,839 155 68 0 1997......................................................... 46,848 46,523 46,523 45,163 479,703 324 79 0 1998......................................................... 45,136 45,019 45,019 43,622 513,550 117 15 0 1999 ........................................................ 41,824 41,504 41,504 40,527 593,121 \3\ 320 67 0 2000......................................................... 38,535 38,326 38,326 37,108 584,042 210 111 0 2001......................................................... 41,220 41,154 41,154 39,572 634,414 67 33 0 2002 ........................................................ 40,070 39,990 39,990 38,083 680,334 80 45 0 2001: Jan...................................................... 37,973 37,900 37,900 36,588 587,776 73 34 0 Feb...................................................... 38,382 38,331 38,331 36,875 589,886 51 21 0 Mar...................................................... 38,460 38,402 38,402 37,061 592,272 58 20 0 Apr...................................................... 38,568 38,517 38,517 37,291 595,638 51 35 0 May...................................................... 38,316 38,103 38,103 37,297 598,897 213 79 0 June..................................................... 39,066 38,836 38,836 37,704 602,835 229 120 0 July..................................................... 39,785 39,502 39,502 38,377 608,105 283 174 0 Aug...................................................... 40,079 39,896 39,896 38,871 616,024 183 164 0 Sept..................................................... 58,217 54,832 54,832 39,200 639,690 3,385 93 0 Oct...................................................... 45,224 45,097 45,097 43,899 629,954 127 67 0 Nov ..................................................... 40,867 40,783 40,783 39,415 629,374 84 33 0 Dec ..................................................... 41,220 41,154 41,154 39,572 634,414 67 33 0 2002: Jan...................................................... 41,735 41,685 41,685 40,340 640,845 50 17 0 Feb...................................................... 41,450 41,420 41,420 40,080 646,153 30 17 0 Mar...................................................... 41,050 40,971 40,971 39,629 649,629 79 20 0 Apr...................................................... 40,806 40,735 40,735 39,594 653,921 71 50 0 May...................................................... 39,164 39,052 39,052 37,902 657,887 112 105 0 June..................................................... 39,313 39,171 39,171 38,075 664,105 142 136 0 July..................................................... 39,679 39,488 39,488 38,305 668,755 191 176 0 Aug...................................................... 40,054 39,721 39,721 38,417 671,143 333 185 0 Sept..................................................... 39,275 39,045 39,045 37,799 671,568 229 169 0 Oct...................................................... 38,918 38,776 38,776 37,368 673,626 143 120 0 Nov ..................................................... 39,561 39,290 39,290 37,945 676,238 272 60 0 Dec ..................................................... 40,070 39,990 39,990 38,083 680,334 80 45 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.