[Economic Report of the President (2006)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-70.--Components of money stock measures, 1959-2005
[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.....................................      167.8        5.6      267.0      179.5       885.7        815.3
1986.....................................      180.4        6.1      302.9      235.2       858.4        940.9
1987.....................................      196.7        6.6      287.7      259.2       921.0        937.4
1988.....................................      212.0        7.0      287.1      280.6     1,037.1        926.4
1989.....................................      222.3        6.9      278.6      285.1     1,151.3        893.7

1990.....................................      246.5        7.7      276.8      293.7     1,173.4        922.9
1991.....................................      267.1        7.7      289.7      332.6     1,065.6      1,044.6
1992.....................................      292.2        8.2      340.0      384.6       868.1      1,187.2
1993.....................................      321.6        8.0      385.4      414.7       782.0      1,219.4
1994.....................................      354.0        8.6      383.6      404.2       816.4      1,150.0
1995.....................................      372.2        9.0      389.0      356.6       931.4      1,134.2
1996.....................................      394.1        8.8      401.6      275.5       946.9      1,272.9
1997.....................................      424.5        8.4      393.8      245.4       968.3      1,399.9
1998.....................................      459.8        8.5      377.0      249.6       952.0      1,605.1
1999 ....................................      517.8        8.6      353.4      243.3       954.5      1,740.3

2000.....................................      531.2        8.3      309.9      238.2     1,044.8      1,877.9
2001 ....................................      581.1        8.0      335.7      257.4       973.7      2,312.8
2002 ....................................      626.2        7.8      306.1      279.1       892.0      2,778.8
2003.....................................      662.3        7.7      324.7      309.5       809.6      3,169.4
2004.....................................      697.3        7.6      340.3      327.0       816.8      3,519.9
2005 ....................................      723.8        7.3      321.0      316.9       973.7      3,620.5

2004: Jan..................................      663.9        7.8      320.5      313.8       807.0      3,193.2
Feb..................................      665.6        7.8      327.9      318.6       804.5      3,234.2
Mar..................................      667.4        7.8      332.4      322.0       801.8      3,277.9
Apr..................................      670.2        7.8      339.7      321.7       798.6      3,323.0
May..................................      673.6        7.7      332.9      322.2       793.8      3,393.1
June.................................      677.8        7.7      330.2      325.6       792.7      3,403.5
July.................................      684.9        7.6      325.0      325.9       793.6      3,417.8
Aug..................................      686.5        7.6      332.7      327.4       797.3      3,430.5
Sept.................................      689.9        7.6      338.3      324.7       801.2      3,456.5
Oct..................................      692.9        7.6      334.1      326.3       806.4      3,482.7
Nov..................................      697.7        7.6      340.0      328.7       811.1      3,504.5
Dec..................................      697.3        7.6      340.3      327.0       816.8      3,519.9

2005: Jan..................................      699.0        7.5      336.4      324.1       829.0      3,528.6
Feb..................................      700.8        7.5      338.6      322.6       841.1      3,538.4
Mar..................................      702.9        7.5      339.3      323.4       854.7      3,543.6
Apr..................................      703.9        7.5      331.0      323.3       869.4      3,541.7
May..................................      705.8        7.5      332.8      324.7       885.9      3,533.9
June.................................      708.4        7.4      334.2      319.6       900.7      3,548.0
July.................................      710.0        7.3      327.4      317.8       914.9      3,560.2
Aug..................................      712.8        7.4      330.0      320.2       929.3      3,569.4
Sept.................................      716.1        7.3      324.2      319.8       942.5      3,585.1
Oct..................................      717.4        7.3      325.9      318.5       952.6      3,597.3
Nov .................................      720.3        7.3      323.4      319.0       963.9      3,603.8
Dec .................................      723.8        7.3      321.0      316.9       973.7      3,620.5
----------------------------------------------------------------------------------------------------------------
\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, 1959-2005--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        97.3      116.6
1984.................................................      164.9       62.3       402.2       107.3      108.9
1985.................................................      174.9       65.3       421.7       121.2      104.2
1986.................................................      208.4       86.2       419.0       145.8      115.7
1987.................................................      222.8       93.7       461.9       178.0      121.5
1988.................................................      244.3       93.8       512.4       196.5      131.7
1989.................................................      320.6      112.0       528.1       169.1      109.4

1990.................................................      357.7      139.6       481.7       151.5      103.3
1991.................................................      372.4      188.5       418.6       131.1       92.3
1992.................................................      352.8      212.8       355.7       141.5       79.5
1993.................................................      353.1      216.8       339.2       172.6       72.8
1994.................................................      380.9      210.8       378.9       196.3       86.3
1995.................................................      448.2      264.4       438.9       198.3       94.0
1996.................................................      515.5      324.2       521.1       210.3      114.6
1997.................................................      591.4      396.9       631.1       253.9      147.5
1998.................................................      731.7      541.2       683.7       293.2      150.2
1999 ................................................      830.9      638.2       758.9       334.9      170.8

2000................................................      921.1      791.9       836.9       362.3      195.2
2001 ...............................................      981.7    1,196.7       802.9       373.7      211.4
2002 ...............................................      910.2    1,247.7       817.2       473.4      230.7
2003................................................      796.1    1,117.4       887.1       494.8      295.3
2004 ...............................................      713.2    1,068.4     1,073.3       492.6      379.4
2005 ...............................................      717.4    1,136.2     1,359.4       563.0      430.2

2004: Jan..............................................      782.2    1,118.8       917.6       504.8      302.4
Feb..............................................      773.5    1,116.0       922.9       521.0      310.1
Mar..............................................      763.6    1,123.8       943.5       526.1      316.0
Apr..............................................      755.9    1,127.6       962.0       520.0      324.9
May..............................................      757.2    1,132.1       983.6       522.3      327.0
June.............................................      751.4    1,126.4       996.0       536.9      329.5
July.............................................      740.5    1,112.2     1,013.5       526.5      337.0
Aug..............................................      735.3    1,105.9     1,024.5       524.7      343.8
Sept.............................................      728.7    1,094.6     1,031.6       526.7      354.1
Oct..............................................      719.4    1,075.7     1,038.6       510.2      367.6
Nov..............................................      714.2    1,071.1     1,050.6       501.0      370.8
Dec..............................................      713.2    1,068.4     1,073.3       492.6      379.4

2005: Jan..............................................      711.8    1,062.5     1,127.4       473.1      392.7
Feb..............................................      706.7    1,054.1     1,141.9       489.3      395.5
Mar..............................................      704.5    1,049.3     1,153.1       487.8      404.2
Apr..............................................      705.9    1,057.5     1,196.7       483.8      405.0
May..............................................      701.6    1,057.9     1,208.6       504.7      406.3
June.............................................      700.2    1,069.1     1,235.5       504.3      402.1
July.............................................      700.9    1,078.6     1,223.0       517.6      408.4
Aug..............................................      699.8    1,091.3     1,265.7       525.1      417.7
Sept.............................................      705.1    1,107.4     1,292.5       534.2      421.6
Oct..............................................      710.6    1,119.3     1,322.9       545.0      421.0
Nov..............................................      714.2    1,120.6     1,335.6       554.3      425.9
Dec .............................................      717.4    1,136.2     1,359.4       563.0      430.2
----------------------------------------------------------------------------------------------------------------
\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.