View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

•<**qfGow

FEDERAL RESERVE statistical release
G.6(408)

October 14, 1982

DEBITS AND DEPOSIT TURNOVER
REVISED SERIES

The debits and deposit turnover series have been revised, reflecting new benchmark corrections to previously estimated data and revisions in
seasonal factors.

In addition, the format of the G.6 release is changed with

this issue, eliminating the business savings series, which had been published
since July 1977, and adding estimates for total savings accounts including
business savings and excluding ATS/NOW accounts.

ATS/NOW data and the demand

deposit breakdowns published previously will be continued and all data will
be shown both with and without seasonal adjustment.

Previously, seasonally

adjusted data were shown only for the demand deposit breakdowns.
The benchmark corrections—derived from condition reports for all
insured banks for December 1980, June 1981, and December 1 9 8 1 — a f f e c t monthly
estimates for all series from July 1980 to date•

Seasonal factor revisions

for the demand deposit series—deposits, debits, and turnover—affect the
seasonally adjusted data from 1970 to date.

Seasonally adjusted data for

ATS/NOW and savings accounts are available for the first time for the period
from July 1977 to date.
This issue of the G.6 release provides revised data for the latest
13 months ending with August 1982.

Back data prior to August 1981 are avail-

able on request from the Banking Section, Division of Research and Statistics,
Board of Governors of the Federal Reserve System, Washington, D.C. 20551.




• •'ofCow'-.

FEDERAL RESERVE statistical release
For Immediate Release

G.6

October 14, 1982

DEBITS AND DEPOSIT TURNOVER AT COMMERCIAL BANKS
Seasonally Adjusted
Debits During the Month (Annual rate, billions of dollars)
To demand deposits1
all banks
8108-AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
8201-JANUARY
FEBRUARY
MARCH
APSIL
MAY
JUNE
JULY
AOGUST

87,495.5
85,724.8
83,692.7
87,450.4
86,927.2
85,831.4
86,456.7
85,467.9
86,781.3
88,573.8
87,602.3
90,280.7
95,177.9

New York City

other banks

39,292.8
37,841.7
35,544.6
35,188.9
34,141.1
35,142.6
36,731.8
35,758.0
37,038.4
37,248.2
35,729.5
36,880.8
39,525.3

48,202.7
47,883.1
48,148.1
52,261.5
52,786.0
50,688.8
49,724.9
49,709.9
49,742.9
51,325.7
51,872.8
53,399.9
55,652.6

To ATS/NOW
accounts 2

769.6
908.1
850.3
761.8
943.9
925.8
692.8
972.1
987.7
813.2
1,040.1
945.7
1,060.3

To savings deposits3

701.5
616.6
612.7
619.9
682.3
686.0
680.0
775.0
712.0
725.1
706. 1
704.9
821.3

Average Deposits Outstanding (Billions of dollars)
ATS/NOW
accounts2

Demand deposits1
all banks
8108-AU.GUSJ
SEPTEMBER
OCTCBER
NOVEMBER
DECEMBER
8201-JANUJLRY
FEBRUARY
MARCH
APRIL
MAT
JUNE
JULY
AUGUST

279.5
278.0
278.4
282.0
284.6
288.1
280.3
277.9
278.8
277.4
274.9
277.8
275.5

New York City

Savings deposits3

other banks
249.1
247.4
247.9
251.7
254. 1
257.5
251.0
249.3
250.3
248.5
247.3
248.6
247.8

30.4
30.6
30. 5
30.3
30.5
30.6
29.2
28.6
28.6
28. 9
27.6
29.1
27.7

56.2
57.5
57.6
60.0
62. 1
65.7
67.4
68.6
70.3
68.8
69.1
68.8
71.0

158.9
155.2
153.5
155.4
157.1
159. 1
158.3
159.4
159.4
159.3
158.3
155.5
154.7

Annual Rate of Deposit Turnover
ATS/NOW
accounts2

Demand deposits
aH banks

8108-AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
8201-JANUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST

1/
2/
3/

313.0
308.4
300.6
310.1
305.4
297.9
308.5
307.5
311.2
319.3
318.7
325.0
345.5

New York City

1.291.0
1.237.3
1,165.8

1.161.1

1,119.1
1,148.1
1.256.5
1.250.4
1.296.6
1.287.8
1.295.9
1.265.7
1,424.7

Savings deposits3

other banks

193.5
193.5
194.2
207.6
207.7
196.9
198.1
199.4
198.8
206.6
209.8
214.8
224.6

13.7
15.8
14.8
12.7
15.2
14. 1
10.3
14.2
14.0

11.8
15.1
13.7
14.9

.REPRESENTS ACCOUNTS OF INDIVIDUALS, PARTNERSHIPS, AND CORPORATIONS AND OF STATES AND POLITICAL
SUBDIVISIONS.
ACCOUNTS AUTHORIZED FOR NEGOTIABLE ORDERS OF WITHDRAW! (NOW) AND ACCOUNTS AUTHORIZED FOJR AUTOMATIC
TRANSFER TO DEMAND DEPOSITS (ATS). ATS DATA AVAILABILITY STARTS WITH DECEMBER 1978.
EXCLUDES ATS AND NOW ACCOUNTS AS WELL AS SPECIAL CLUB ACCOUNTS, SUCH AS CHRISTMAS AND VACATION CLUBS.

NOTE: HISTORICAL DATA FOR DEMAND DEPOSITS ARE AVAILABLE BACK TO 1970 ESTIMATED IN PAST FflCN THE DEBITS
SERIES P03 233 SMSA'S WHICH WERL AVAILABLE THSOUGH JUNE 1977. HISTORICAL DATA FOR ATS/NOW AND
SAVINGS DEPOSITS ARE AVAILABLE BACK TO JULY 1977. BACK DATA AfiE AVAILABLE ON REQUEST FHOM BANKING
SECTION, DIVISION OF RESEARCH AND STATISTICS, BOAUD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM,
WASHINGTON, D.C. 20551.




4.4
4.0
4.0
4.0
4.3
4.3
4.3
4.9
4.5
4.6
4.5
4.5
5.3

;0fGow-

FEDERAL RESERVE statistical release
For Immediate Release

G.6

October 14, 1982

DEBITS AND DEPOSIT TURNOVER AT COMMERCIAL BANKS
Not Seasonally Adjusted
Debits During the Month (Annual rate, billions of dollars)
II banks
84,240.7
86,573.5
84,194.9
81,145-2
95.906.7
84.895.8
78.096.3
90.758.4
88.169.8
82.913.9
92,867.2
91,318.9
94.968.5

8108-AOGOS'2
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
8201-JANUARY
FEBEOAEY
MARCH
APJill
MAI
JONE
JULY
AUGUST

To demand deposits1
New York City

other banks

37,648.0
38,594.6
35,156.0
32.463.6
38.750.0
34.653.1
33,314.1
37,708.0
37,073.9
34.585.7
38,286.7
37,502.5
39,126.7

46.592.8
47.978.9
49.038.8
48.681.6
57.156.7
50.242.7
44.782.3
53.050.4
51.095.9
48,328.2
54,580.6
53,816.4
55.841.8

To ATS/NOW
accounts 2

276.6
279.6
280. 5
285.3
293.1
297.3
273.7
271.0
279.7
272.3
273.5
278.3
270.7

ATS/NOW
accounts 2

28.8
28.3

28.1

28.4

28.1
28.7

26.6

HseBsszirrs




accoums

or

i h d h i duals.

ATS/NOW
accounts2

HASHIBGTOM, B.C. 20551.

Savings deposits3

other banks

189.9

13.2
14.1
13.9
12.5
13.7
13.4

203.1
198.1
222.5
215.7
22 8.7

13.5
14.6
13.2
15.2
14.8
14. 4

188.9
192.8
196.4
191.0

1,258.6
1,255.5
1,141.8
1,065.9
1,227.6
1,059.2
1,157.6
1,330.7
1,320.5
1,218.1
1,361.3
1,305.8
1,472.8

paht*mships.

160.8
157.3
155.4
155.9
156.8
158.2
156.5
157.3
158.3
157.7
157.4
157.4
156.6

56.3
57.8
58.2
60.4
6 3.3
66.8
65.5
67.0
71.1
67.5
68.8
69.2
70.6

246.6
248.9
249.7
254.9
261. 5
264.5
245.0
242.7
251.6
243.9
245.4
24-9.5
244.2

29.9
30.7
30.8
30.5
31.6
32.7

New York City

1/

Savings deposits3

other banks

New York City

Annual Rate of Deposit Turnover

304.6
309.6
300.2
284.4
327.3
285.6
285.3
334.9
315.3
304.5
339.6
338.2
350.8

680.8

1,020.5

Demand deposits1

8108-A0GDS1
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
8201-JAM0ARY
FEBRUARY
MARCH
APRIX
MAX
JURE
JOIY
AOGOS1

1,021.0

694.4
778.2
763.7

894.5
790.9
904. 5
1,034.1
891.7
1,046.0

Demand deposits

8108-AUGUS1
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
8201-JAN0ARY
FEBRUARY
HABCH
APRIL
HAT
JURE
JOIY
AUGUST

868.1

652.1
639.5
671.2
600.7
680.4
677.5
658.2
740.5
737.5

745.7
817.6
807.2
753.1

Average Deposits Outstanding (Billions of dollars)
aK banks

To savings deposits3

218.6

12.1

182.8
218.6

o d

ccbpobatioss

and

or

states

add

political

4.1
4.1
4.3
3.9
4.3
4.3
4.2
4.7
4.7
4.3
4.4
4.9
4.9