[Economic Report of the President (2005)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-70.--Components of money stock measures, 1959-2004
[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         .9      164.7         .1       151.2        261.0
1971.....................................       52.0        1.0      175.1         .2       189.7        292.2
1972.....................................       56.2        1.2      191.6         .2       231.6        321.4
1973.....................................       60.8        1.4      200.3         .3       265.8        326.8
1974.....................................       67.0        1.7      205.1         .4       287.9        338.6
1975.....................................       72.8        2.1      211.3         .9       337.9        388.9
1976.....................................       79.5        2.6      221.5        2.7       390.7        453.2
1977.....................................       87.4        2.9      236.4        4.2       445.5        492.2
1978.....................................       96.0        3.3      249.5        8.5       521.0        481.9
1979.....................................      104.8        3.5      256.6       16.8       634.3        423.8

1980.....................................      115.3        3.9      261.2       28.1       728.5        400.3
1981.....................................      122.5        4.1      231.4       78.7       823.1        343.9
1982.....................................      132.5        4.1      234.1      104.1       850.9        400.1
1983.....................................      146.2        4.7      238.5      132.1       784.1        684.9
1984.....................................      156.1        5.0      243.4      147.1       888.8        704.7
1985.....................................      167.7        5.6      267.0      179.5       885.7        815.3
1986.....................................      180.4        6.1      302.8      235.2       858.4        940.9
1987.....................................      196.7        6.6      287.7      259.2       921.0        937.4
1988.....................................      212.0        7.0      287.0      280.6     1,037.1        926.4
1989.....................................      222.2        6.9      278.5      285.1     1,151.3        893.7

1990.....................................      246.5        7.7      276.9      293.7     1,173.4        923.2
1991.....................................      267.1        7.7      289.7      332.4     1,065.6      1,044.3
1992.....................................      292.2        8.2      340.1      384.5       868.1      1,187.1
1993.....................................      321.6        8.0      385.6      414.6       782.0      1,219.2
1994.....................................      354.0        8.6      383.9      403.9       816.4      1,149.4
1995.....................................      372.1        9.1      389.3      356.6       931.4      1,134.0
1996.....................................      394.1        8.8      401.0      275.5       946.8      1,273.1
1997.....................................      424.6        8.5      394.2      245.3       967.9      1,399.1
1998.....................................      459.9        8.5      378.4      249.3       951.5      1,603.6
1999 ....................................      517.7        8.6      354.9      242.8       954.0      1,738.2

2000.....................................      531.6        8.3      310.3      237.8     1,044.2      1,876.2
2001 ....................................      582.0        8.0      332.5      256.8       972.8      2,308.9
2002 ....................................      627.4        7.8      303.4      278.6       892.1      2,769.5
2003.....................................      663.9        7.7      312.6      309.2       809.4      3,158.5
2004p....................................      699.3        7.6      329.8      326.4       814.0      3,505.9

2003: Jan..................................      630.9        7.8      301.9      279.8       886.4      2,814.3
Feb..................................      635.4        7.8      308.4      283.6       880.2      2,854.4
Mar..................................      639.0        7.7      307.7      286.1       875.1      2,886.2
Apr..................................      642.0        7.7      310.5      286.0       869.2      2,935.0
May..................................      644.6        7.6      314.7      290.8       861.5      2,983.9
June.................................      646.4        7.6      321.9      295.1       854.0      3,021.6
July.................................      648.0        7.6      319.1      298.8       842.9      3,082.3
Aug..................................      650.8        7.6      320.9      302.2       832.5      3,128.7
Sept.................................      654.1        7.6      313.4      306.3       824.9      3,125.6
Oct..................................      658.3        7.7      312.2      305.9       819.0      3,141.2
Nov..................................      661.3        7.7      308.6      305.8       813.1      3,156.3
Dec..................................      663.9        7.7      312.6      309.2       809.4      3,158.5

2004: Jan..................................      664.9        7.8      301.8      313.2       806.9      3,189.9
Feb..................................      665.8        7.8      314.3      318.6       805.0      3,234.9
Mar..................................      666.8        7.8      327.1      324.0       802.7      3,279.1
Apr..................................      668.7        7.8      323.8      322.7       799.6      3,339.5
May..................................      671.8        7.8      318.9      323.8       794.8      3,407.9
June.................................      676.7        7.7      322.6      328.9       793.0      3,409.7
July.................................      684.8        7.6      306.3      326.4       795.4      3,426.9
Aug..................................      687.7        7.6      318.6      329.0       799.3      3,424.4
Sept.................................      691.7        7.6      323.8      323.9       803.4      3,453.9
Oct..................................      694.2        7.6      317.9      326.0       806.3      3,478.3
Nov .................................      699.8        7.6      324.8      329.9       810.3      3,494.8
Dec p................................      699.3        7.6      329.8      326.4       814.0      3,505.9
----------------------------------------------------------------------------------------------------------------
\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, 1959-2004--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.................................................         .1         .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.................................................      184.5       48.8       325.6        71.8      104.2
1983.................................................      136.1       40.9       316.1        97.5      116.6
1984.................................................      164.9       62.3       402.2       107.6      108.9
1985.................................................      174.9       65.3       421.7       121.5      104.2
1986.................................................      208.4       86.2       419.0       146.2      115.7
1987.................................................      222.8       93.7       461.9       178.3      121.5
1988.................................................      244.3       93.8       512.4       196.7      131.7
1989.................................................      320.6      112.0       528.1       169.0      109.4

1990.................................................      357.7      139.5       481.7       151.5      103.3
1991.................................................      372.3      188.4       418.6       131.2       92.3
1992.................................................      352.6      212.8       355.7       141.6       79.5
1993.................................................      353.5      216.3       339.2       172.6       72.8
1994.................................................      381.2      210.3       378.9       196.4       86.3
1995.................................................      448.8      263.6       439.0       198.6       94.0
1996.................................................      517.4      321.9       521.3       210.6      114.6
1997.................................................      592.2      395.3       632.0       254.2      147.4
1998.................................................      732.7      539.2       685.5       294.0      150.0
1999 ................................................      832.5      635.9       761.6       337.0      170.4

2000................................................      924.2      789.6       840.1       366.0      194.5
2001 ...............................................      987.2    1,194.0       804.6       378.9      210.0
2002 ...............................................      915.5    1,245.7       816.3       480.9      228.6
2003................................................      801.1    1,113.7       884.0       513.4      289.0
2004 p..............................................      714.7    1,060.3     1,075.0       512.7      355.6

2003: Jan..............................................      904.2    1,220.2       825.0       472.6      236.6
Feb..............................................      897.4    1,205.8       820.9       485.4      238.1
Mar..............................................      889.1    1,194.2       824.4       497.4      241.6
Apr..............................................      883.4    1,177.0       824.4       501.6      249.3
May..............................................      882.0    1,154.3       828.2       511.3      261.3
June.............................................      879.3    1,155.4       828.9       517.2      262.5
July.............................................      867.4    1,194.2       840.3       498.2      269.8
Aug..............................................      863.6    1,175.1       850.7       497.6      279.1
Sept.............................................      851.7    1,176.1       857.0       502.1      280.1
Oct..............................................      824.5    1,154.6       854.0       511.4      286.8
Nov..............................................      812.9    1,132.2       864.5       513.3      286.6
Dec..............................................      801.1    1,113.7       884.0       513.4      289.0

2004: Jan..............................................      785.7    1,116.9       916.6       515.1      302.2
Feb..............................................      774.0    1,105.0       918.5       536.3      311.5
Mar..............................................      760.4    1,115.2       940.0       539.3      319.7
Apr..............................................      753.8    1,125.8       967.6       523.0      329.4
May..............................................      761.6    1,125.5       987.8       535.5      329.2
June.............................................      755.3    1,120.4     1,000.1       556.3      325.7
July.............................................      740.7    1,105.4     1,018.3       537.4      332.5
Aug..............................................      733.5    1,109.8     1,026.2       543.2      340.3
Sept.............................................      728.5    1,100.6     1,029.3       551.3      350.2
Oct..............................................      716.7    1,073.2     1,033.9       525.7      361.2
Nov..............................................      713.3    1,061.6     1,043.0       518.7      355.2
Dec p............................................      714.7    1,060.3     1,075.0       512.7      355.6
----------------------------------------------------------------------------------------------------------------
\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.