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FEDERAL RESERVE statistical release
6.6 Data Revised
The bank debits and deposit turnover series have been revised to
reflect new benchmark adjustments and revised seasonal factors as well
as some revisions of reported data.
The revisions affect the not
seasonally adjusted data beginning in 1982, except in the case of
savings deposits which have been revised back to March 1979.
Seasonal
factor revisions affect the seasonally adjusted series over the entire
span of the series—from 1970 to date for the demand deposit series, and
from July 1977 to date for the ATS/NOW and savings deposits series.
The
MMDA series, which dates back only to 1983, continues to be reported
only on a not seasonally adjusted basis.
Seasonal factors were
computed by the X-ll ARIMA method with business-day adjustments
incorporated in seasonal adjustments for the debits to demand deposits
series.
This issue of the G.6 release provides revised data for the latest
available 13 months through August 1987.
Historical tables containing
revised data for earlier periods may be obtained from the Banking
Section, Division of Monetary Affairs, Board of Governors of the Federal
Reserve System, Washington, D.C.
20551
FEDERAL RESERVE statistical release
[[[
For Immediate Release
G.6
DEBITS AND DEPOSIT TURNOVER AT COMMERCIAL BANKS
November 20, 1987
Seasonally Adjusted
Debits During the Month (Annual rate, billions of dollars)
To ATS/NOW accounts 2
To demand deposits 1
New York City
all banks
1986-JUL!
-AUGUST
-SEPTEMBER
-OCTOBER
-NOVEMBER
-DECEMBER
1987-JANUARY
-FEBRUARY
-MARCH
-APRIL
-MAY
-JUNE
-JULY
-AUGUST
188,220.0
191,601.8
199,050.9
196,239.0
198,540.8
207,506.6
211,111.3
211,935.6
217,250.4
217,797.2
217,397.2
212,414.4
219,501.3
221,729.0
92,263.4
93,059.4
98,505.0
94,306.6
95,571.1
100,381.5
101,956.5
102,145.1
106,108.1
105,186.5
107,724.1
103,027.6
106,428.9
109,062.5
other banks
95,956.6
98,542.4
100,545.9
101,932.4
102,969.7
107,125.1
109,154.8
109,790.5
111,142.3
112,610.7
109,673.1
109,3-86.8
113,072.3
112,666.5
New York City
1986-JULY
-AUGUST
-SEPTEMBER
-OCTOBER
-NOVEMBER
-DECEMBER
1987—J AJIUARI
-FEBRUARY
-MARCH
-APRIL
-MAY
-JUNE
-JULY
-AUGUST
340.0
345.4
345.1
347.3
352.3
355.5
360.9
355.2
352-9
358.8
363.3
353.1
349.2
355.7
2,155.5
2,119.8
2,253.0
2,167.4
2,285.4
2,512.8
2,313.9
2,274.1
2,297.9
2,384.2
2,310.5
2,417.b
2,498.7
2,333.1
ATS/NOW accounts 2
Demand deposits 1
all banks
To savings deposits 3
395.8
403.9
409.9
440.1
421.9
501.5
475.1
482.1
498.4
5Q8.1
488.5
565.8
548.2
518.8
Savings deposits 3
other banks
303.6
306.8
307.2
309.4
313. 1
315.6
319.7
315.7
314.6
319.4
322.3
314.5
311.7
315.6
36.4
38.6
37.9
38.0
39.2
39.9
41.1
39.5
38.4
39.4
41.0
38.6
37.5
40. 1
141. 1
143.6
147.7
152. 1
155.7
161.0
165.7
167.8
169.9
173. 1
173.4
173.3
174. 1
176.8
131.6
134.6
138.3
143.3
148.2
152.0
157.4
161.8
165.7
169.7
171.9
173.2
174.9
175.7
Annual Rate of Deposit Turnover
ATS/NOW accounts 2
Demand deposits
New York City
all banks
19 86-JOLY
-AUGUST
-SEPTEMBER
-OCTOBER
-NOVEMBER
-DECEMBER
19 87—JANUARY
-FEBRUARY
-MARCH
-APRIL
-MAY
-JUNE
-JULY
-AUGUSX
553.5
554.8
576.9
565.0
563.5
583.7
585.0
596.7
615.5
607.0
598.5
601.6
628.6
623.3
2.534.8
2.411.3
2,600.0
2.482.9
2.436.4
2,515.7
2,477.9
2,587.3
2,766.7
2.670.3
2.629.5
2.671.6
2.837.4
2,718.2
other banks
316.0
331.2
327.3
329.5
328.8
339.4
341.4
347.8
353.3
352.6
340.3
347.8
362.8
357.0
15.3
14.8
15.3
14.2
14.7
15.6
14.0
13.6
13.5
13.8
13.3
13.9
14.3
13.2
1/
REPRESENTS ACCOUNTS OF INDIVIDUALS, PARTNERSHIPS, AND CORPORATIONS AND OF STATES AND POLITICAL
2/
ACCOUNTS AUTHORIZED FOR NEGOTIABLE ORDERS OF WITHDRAWAL (NOW) AND ACCOUNTS AUTHORIZED FOR AUTOMATIC
TRANSFER TO DEMAND DEPOSITS {ATS). ATS DATA AVAILABILITY STARTS «ITH DECEMBER 1978.
EXCLUDES ATS AND NOW ACCOUNTS, MMDA, AND SPECIAL CLUB ACCOUNTS SOCH AS CHRISTMAS AND VACATION CLUBS.
3/
NOTL: HISTORICAL DATA FOR DEMAND DhPOSlIS A8E AVAILABLE BACK TO 1970 ESTIMATED IN PART FROM DEBITS
SERIES FOR 233 SMSA'S WHICH WERE AVAILABLE THROUGH JUNE 1977. HISTORICAL DATA FOR ATS/NO* AND
SAVINGS DEPOSITS ARE AVAILABLE BACK TO JULY 19 77. BACK DATA ARE AVAILABLE O* BEQUEST FROM BANKING
SECTION, DIVISION OF RESEARCH AND STATISTICS, BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM,
WASHINGTON, D.C. 20551.
Savings deposits 3
3.0.
3.0
3.0
3.1
2.8
3.3
3.0
3.0
3.0
3.0
2.8
3.3
3.1
3.0
FEDERAL RESERVE statistical release
For Immediate Release
G.6
DEBITS AND DEPOSIT TURNOVER AT COMMERCIAL BANKS
Not Seasonally Adjusted
November 20, 1987
Debits During the Month (Annual rate, billions of dollars)
To A T S / N O W
accounts 2
To demand deposits 1
all banks
19 86-JULY
-AUGUST
-SEPTEMBER
-OCTOBER
-NOVEMBER
-DECEMBER
1987-JANUARY
-FEBRUARY
-MARCH
-APRIL
-MAY
-JURE
-JULY
-AUGUST
196,576.9
184,876.6
196,124.9
203,440.9
176,741.0
226,016.2
215,988.0
191.589.8
222,225* 4
228,142.b
208,310.0
221,038.4
228,764.2
214.145.9
other banks
New York City
9b,o86.1
88.807.6
96.363.2
98,837.9
85.649.7
109,528.4
105.032.1
92.251.3
108,971.4
111,399.0
101.203.2
106.171.3
111.157.7
103.822.8
99,890.8
96,069.0
99,761.7
104.603.0
90.891.3
116.487.8
110.955.9
99.338.4
113.254.1
116,743.5
107,106.7
114.867.0
117,606.5
110.323.1
1986-JULY
-AUGUST
-SEPTEMBER
-OCTOBER
-NOVEMBER
-DECEMBER
1967-JANUARY
-FEBRUARY
-MARCH
-APRIL
-MAY
-JUNE
-JUL*
-AUGUST
342. 1
339.4
344.0
345.6
355.5
373.0
370. 1
345.4
345.5
359.4
356.7
353.6
351.0
349.7
New York City
36.9
36.7
37.1
37.2
38.6
43. 1
43.6
39.5
38.7
39.4
39.6
37.9
36.0
38.1
1,580.1
1.514.6
1.590.1
1.613.7
1.461.2
2.107.3
1,915.7
1.634.0
2,130.1
2,026.0
2,305.6
2,155.8
2,140.5
2,619.0
2,524.5
2,063.5
2.269.8
2,564.0
2.262.9
2,466.9
2,466.0
2,226.4
Average Deposits Outstanding (Billions of dollars)
ATS/NOW
Demand deposits 1
accounts 2
all banks
To savings deposits*
To MMDA3
1.800.1
2,175.9
1,851.2
1,987.9
2,002.7
1,752.7
414.2
409.4
405. 5
455.5
385.7
511.3
490. 1
428.Q
479. 1
563.3
483.7
565.2
576.5
524.2
Savings deposits 4
MMDA3
other banks
305.2
3 02.7
306.9
308.4
316.9
329.9
326.5
306.0
306.8
319.9
317.1
315.7
313.1
311.5
356.5
361.1
365.6
369.2
372.6
376.8
379.4
376.1
37*.1
373.0
366.5
365.3
3*3.6
362.1
140.0
141.6
146.1
149.9
154.9
163.0
169.5
167.4
170.4
178.3
171.4
172.7
172.9
174.4
132.3
134.2
137.1
142.9
149.5
152.6
157.7
160.9
165.0
169.7
172.3
113.8
175.6
175.1
Annual Rate of Deposit Turnover
ATS/NOW
accounts 2
Demand deposits 1
all banks
19 86-JULY
-AUGUST
-SEPTEMBER
-OCTOBER
-NOVEMBER
-DECEMBER
1987—JANUARY
-FEBRUARY
-MARCH
-APRIL
-MAY
-JUNE
-JULY
-AUGUST
574.6
544.7
570.2
588.7
497.1
606.0
583.5
554.7
6413.2
634.8
584.0
625.0
651.7
612.5
New York City
2,620.6
2,421.9
2,600.2
2,656.9
2,225.4
2.543.6
2.408.7
2.337.4
2,613.0
2.625.8
2.556.9
2.801.5
2,928.4
2,721.9
other banks
327.3
317.3
325.1
339.2
286.8
353.1
339.8
324.7
369.2
364.9
337.8
363.8
375.7
354.2
15.2
14.3
15.8
14.4
13.8
16.1
14.9
12.3
13.3
14.4
13.2
14.3
14.3
12.8
1/
REPRESENTS ACCOUNTS OF INDIVIDUALS, PARTNERSHIPS, AND C O R P O R A T I O N AND OF STATES AND POLITICAL
2/
ACCOUNTS AUTHORIZED FOR NEGOTIABLE ORDERS OF MITHDRAHAL (*08) AND ACCOUNTS AUTHORIZED FOR AUTOMATIC
TRANSFER TO DEMAND DEPOSITS (ATS). ATS DATA AVAILABILITY STARTS 8ITH DECEMBER 1978.
3/
4/
EXCLUDES*!?! ASD°N01 ACCOUNTS^ MMDA, AND SPECIAL CLUB ACCOUNTS SUCH AS CHRISTMAS AND VACATION CLUBS.
SECTION, DIVISION OF RESEARCH AND STATISTICS; BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM,
WASHINGTON, D.C. 20551-
Savings deposits 4
MMDA3
4.4
4.2
4.3
4.4
3.9
5.6
5.0
4.3
4.8
5.8
5.1
5.4
5.5
4.8
3.1
3.1
3.0
3.2
2.6
3.4
3.1
2.7
2.9
3.3
2.8
3.3
3.3
3.0
