Full text of H.6 Money Stock Measures : June 23, 1977

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

FEDERAL

RESERVE

FEDERAL RESERVE Statittical Releft'sa H.6

statistical

release

Table 1

For Immediate Release

MONEY STOCK MEASURES
M!

4
M2
*3
MI Plus Time
M 2 Plus
M 2 P)us
Currency Deposits at Deposits at
Large
Commercial
Plus
Nonbank
Banks
Demand
Negotiable
Thrift
CD's*/
Deposits-!/ Other Than Institutions^
Large CD's 2/

Date

M

M

5

M 3 Plus
Large
Negotiable
CD's&/

M!

303.5
303.2
305.0
306.5
306.9
310.4
310.4
312.*

695.7
693.2
705.2
710.4
716.3
725.9
732.3
7^0.4

X977 —JAN.
FEB.
MAR.
APR.

313.6
314.0
315.4
320.5
320.7

746.3
750.7
756.1
764.6
767.6

320.2
321.9

763.9
766.2

11
16
25

320.4
320.1
321.3
321.5

1
6 P
15 P

320.7
321.5
320.6

1149.7
1156.5
1166.8

M2

M3

M4

MI Plus Time
•M 2 Plus
M 2 Plus
Currency Deposits at
Deposits at
Plus
Commercial
Large
Nonbank
Banks
Demand
Negotiable
Thrift
Deposits!^ Other Than
CD's*/
Institutions ^
Large CD's &

Seasonally Adjusted
1976—HAY
JUNE
JULY
AUG.
SEPT.
OCT.
NOV.
DEC.

NAY

JUNE

*3* 1977

IN BILLIONS OF DOLLARS

REVISED SERIES

M5

MjPlus
Large
Negotiable
CD's-5/

Not Seasonally Adjusted

1193.9
1210.7
1223.4
1237.1

764.3
768.4
774.1
775.4
779.4
788.2
794.6
803.5

121».3
1226.7
1237.7
1245.8
1257.0
1273.0
1285.6
1300.3

298.6
302.6
305.4
303.5
304.9
309.3
312.3
321.3

694.1
699.7
705.7
707.2
712.6
722.9
730.0
745.3

1150.4
1161.8
1173.2
1176.1
1188.6
1204.0
1216.3
1237.9

761.4
768.6
774.5
773.5
777.9
787.1
792.6
609.5

1217.7
1230.9
1242*.!
124*. 4
1253.9
1269.2
1279.2
1302.1

1248.9
1258.2
1268.1
1281.2
1288.8

809.3
814.0
818.2
826.2
829.9

1312.0
1321.5
1330.3
1342.8
1351.1

319.7
309.9
312.4
322.3
315.5

751,2
747.2
756.2
770.0
766.2

1251.4
1253.1
1269.8
1290.2
1289.9

814.3
808.5
817.0
830.1
827.4

1314.5
1314.4
1330.7
1350.*
1351.0

625.2
827.4

324.6
318.8

771.8
766.4

831.4
625.7

765.1
766.2
768.4
769.1

826.4
628.2
830.7
831.8

317.8
316.3
316.8
312.8

765.6
766.1
767.5
764.4

625.1
8*6.*
628.7
826.3

769.5
771.6
770.9

832.4
834.9
834.6

315.7
320.7
322.8

768.0
773.9
776.0

830.3
836.5
636.8

iieo.8

WEEK ENDING:
1977-APR.

20
27

HAY

JUNE

4

I/ INCLUDES (1) DEMAND DEPOSITS AT ALL COMMERCIAL BANKS DTHtR THAN THOSE DUE TO DOMESTIC COMMERCIAL BANKS AND THE U.S.GOVERNMENT*
LESS CASH ITEMS IN ThE PROCESS OF COLLECTION AND F.R.FLOATl (21 FOREIGN DEMAND BALANCES AT F.R.BANKS; AND (3) CURRENCY OUTSIDE
THE TREASURY v F.R.BANKS AND VAULTS OF ALL COMMERCIAL BANKS.
2/ INCLUDES* IN ADDITION TO CURRENCY AND DEMAND DEPOSITS* SAVINGS DEPOSITS* TIME DEPOSITS OPEN ACCOUNT* AND TIME CERTIFICATES OF
DEPOSITS OTHER THAN NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF $100*OOO OR MORE BY LARGE MEEKLY REPORTING COMMERCIAL BANKS.
3/ INCLUDES M2* PLUS THE AVERAGE OF THE BEGINNING AND END OF MONTH DEPOSITS OF MUTUAL SAVINGS BANK, SAVINGS AND LOAN SHARES, AND
CREDIT UNION SHARES.
*/ INCLUDES M2, PLUS NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATION OF $100,000 OR MORE.
5/ INCLUDES M3* PLUS NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF $100*000 OR MORE.

P - PRELIMINARY;




MOTE: 'MONEY STOCK MEASURES HAVE BEEN REVISED TO INCORPORATE BENCHMARK DATA FROM THE DECEMBER 1976 CALL REPORT, THESE REVISIONS
AFFECT WEEKLY AND MONTHLY DATA BACK THROUGH OCTOBER 1976, REVISED SEASONALLY ADJUSTED AND NOT SEASONALLY ADJUSTED WEEKLY
DATA FOR M b M2, AND MA AND THEIR COMPONENTS AND MONTHLY DATA FOR M 3 AND M5 ARE SHOWN IN TABLES 1 THROUGH 5 ATTACHED TO
THIS RELEASEi

FEDERAL RESERVE Statistical Release H.€
Table 2

MONEY STOCK MEASURES
PER CENT CHANGE AT SEASONALLY ADJUSTED ANNUAL RATES
M

l

DATE

M2

Mi Plus Time
Deposits at
Currency Plus
Commercial
Demand Deposits-^ Banks Other Than
Large CD's^

tv

FROM:

:B.

1977

(3 MONTHS PREVIOUS)

8.5

9.0

)V.

1976

(6 MONTHS PREVIOUS)

6.6

9.6

kV

1976

U2 MONTHS PREVIOUS 1

5.7

10.3

"3
M2 Plus Deposits
at Nonbank Thrift
Institutions^/

9.7

M4

M 2 Plus Large
Negotiable CD's5'

"5
Ma Plus Large _
Negotiable CD's2'

7.8

9.0

10.7

8.9

10.2

12.1

8.6

10.9

*JR WEEKS ENDINGS JUNE 15,1977
:ROM FOUR WEEKS ENDING:
tR.

16,

1977(13 WEEKS PREVIOUS)

8.1

8.9

6.5

EC.

15,

1977(26 WEEKS PREVIOUS)

6.9

9.3

8.7

JNE

16,

1977(52 WEEKS PREVIOUS)

5.8

10.5

6.7

I/ INCLUDES II) DEMAND DEPOSITS AT ALL COMMERCIAL 8ANKS OTHER THAN THOSE DUE TO DOMESTIC COMMERCIAL BANKS AND THE U.S.GOVERNMENT,
LESS CASH HEMS IN THE PROCESS OF COLLECTION AND F.R.FLOAT; 12) FOREIGN DEMAND BALANCES AT F.R.BANKSf AND (3) CURRENCY OUTSIDE
THE TEASURY, F.R.BANKS AND VAULTS OF ALL COMMERCIAL BANKS.
2/ INCLUDES, IN ADDITION TO CURRENCY AND DEMAND DEPOSITS, SAVINGS DEPOSITS, TIME DEPOSITS OPEN ACCOUNT, AND TIME CERTIFICATES OF
DEPOSITS OTHER THAN NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF $100,000 OR MORE BY LARGE MEEKLY REPORTING COMMERCIAL BANKS.
3/ INCLUDES M2t PLUS THE AVERAGE OF THE BEGINNING AND END OF MONTH DEPOSITS OF MUTUAL SAVINGS BANKS, SAVINGS AND LOAN SHARES, AND
CREDIT UNION SHARES.
4/ INCLUDES M2, PLUS NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF $100,000 OR MORE.
V INCLUDES M3, PLUS NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF $100,000 OR MORE.
NOTES ALL RATES OF CHANGE ARE BASED ON DAILY AVERAGE DATA; RATES OF CHANGE ARE NOT COMPOUNDED.




FEDERAL RESERVE Statistical Release H.6

Table 3

COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS
SEASONALLY ADJUSTED, IN BILLIONS OF DOLLARS
Time and Savings Deposits
Date

Currency

Demand Deposits

Nonbank
Thrift Institutions2'

CD's^

Other

Total

392.1
395.1
400.1
403.9
409.4
415.5
422.0
427.9

460.7
46t>.3
469.0
4o8.9
472.5
<*77. a
484.2
491.1

t5*.0
45b.2
463.6
470.5
477.6
484.8
491 .0
496. b

495.6
500.0
502.8
S05.7
509.2

502.6
507. !>
512.1
516.6
521.2

1976 —M A Y
jU^fc
JULY
AUG.
SEPT.
OCT.
NOV.
Del.

77.3
77.5
76.1
76.6
79.2
79.8
80.2
80.5

226.2
225.6
226.9
227.9
227.7
230.6
<:30. 2
231.9

66.6
70. Z
66.9
65.0
63.1
62. .i

1977 —JAN.
Ftb.
MAK.
APR.
MAY

81.1
31.8
b*.2
83.1
83.6

232.7
232.1
233.2
237.4
*'37. I

63.1
63.3
62. *
6l .6

<?2 . ?

43^.5
<»36.7
440. L
444.1
446.9

84.0
83.4

^37.2
23*. 5

61.3
61.2

*.43.7
444 , ^

505.0
SO 5. 5

83.3
63.4
83.6
83.7

2^7.1
236.7
237.6
237.8

61.3

62.0
62.4
62.7

<*-44.7
4*6.2
4*7.1
4<t7.6

505, V
S08.1
509.5
510.3

64.1
83.7
83.8

236.7
237.7
236.9

62.9
63.2
63.7

44«.8
*50.2
4*0.1

511.7
513.4
51*. <*

62.2

63.3

WEEK ENDING:
1977-APR.

20
il

MAY

4
11
18
25

JUNE

1
b P
13 P

I/ INCLUDES NEGOTIABLE TIME CfcRT1F1GATES OF DEPOSIT ISSUED IN DENOMINATIONS OF S10C,000 OR MORE BY LARGt WEEKLY REPORTING COMMERCIAL BANKS.
2/ AVERAGE OF BEGINNING AND END OF MONTH DEPOSITS AT MUTUAL SAVINGS BANKS, SAVINGS AND LOAN SHAKES, ANO CiUDIT UNION SHAKES.

p - PRELIMINARY;




FEDERAL RESERVE Statistical Release H.6

Table 4

COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS
NOT SEASONALLY ADJUSTED, IN BILLIONS OF DOLLARS

Time and Savings Deposit

Demand Deposits
Date

Currency
Total

17

Member

Domestic
Nonmember2J

CD's^

Other

Total

Nonbank
Thrift
Institutions4/

1976 —M A Y
JONfc
JULY
AUG.
SEPT.
OCT.
NOV.
[>E C .

77. 1
77.5
78.7
7o.9
7V. 0
79. 6
80.7
62. fc

221.5
224.8
226.7
224. L
225.9
229.7
231 .0
239.3

157.2
15V.2
160.1
156.4
158.9
161.7
162.5
I6t>. 5

bl.l
02.5
63. 1
62.9
63.8
64.8
65.8
67.3

67.4
6S». 1
68. *>
66.3
65.3
64.2
62.9
o4.3

395. *>
397.1
400.2
403.7
407.8
413.6
417.7
423.9

462.6
466.3
469.1
470. C
473.0
477.b
480.5
488.2

456.3
462 . 1
467.6
470. S
470.0
482. 1
4ftbc 3

1977 —JAN.
FfcB.
MAR.
APK.
MAY

80.5
bO.6
81.6
62. a
83.4

*39. 2
229.1
*3C. 9
239.6
232.1

168. 1
161 .0
162.1
1&7.6
Ifcl .8

67.5
o4.6
55.2
68.3
66.6

63. i
61.3
bO.B
60.1
61.2

431.5
437.3
443.8
447.7
450.7

494.b
496.6
504.6
507.7
511. t

500, ,i
505.9
513.6
520.2
5* 5.6

**12 .to

U.S. G o v ' t .
Demand-^

3.8
4.6
3.t>
3.7
5.C
4. 0
4.<:
''».'/
4.2
4.4
4.5
5.6

3.b

I
I
1
WEEK

ENDING:

1977-APR.

MAY

JUNE

20
27

82.6
81.9

242.1
236.9

1&V.O
165.9

69.5
67.4

59.6
59.3

447.2
447.6

506.8
506. V

D.e

*
11
18
25

82:. 7
83.9
83.5
83.0

235.1
232.4
233.2
229.6

164.4
161.4
162. i>
160.4

66.8
t>7.4
67.0
oS.8

59.4
60.3
61.2
62.0

447.9
449. b
450.7
451.6

507.3
510.1
512.0
513.5

7.2
3.5
3.4
3*2

83.6
64.6
6<t.S

232.1
236.1
238.4

161.9
104.0
165.6

66.3
66.4
69.0

62.3
62.6
62.8

452.3
453.2
453.2

514.6
S15.8
515.9

3.1
4.0
4.S

1

a p
15 p

5.7

I/ TOTAL DtPOSITS INCLUDEr IN ADDITION TO THE MEMBER AND DOMESTIC NONMfcMttER DEPOSITS SHOWN, D E P O S I T S DUE TO FOREIGN AND
INTERNATIONAL INSTITUTIONS Al F . R . B A N K S AND Ml TYPE BALANCES AT AGENCIES AND BRANCHES OF FOREIGN BANKS.
2/ B A S E D ON MOST RECENT C A L L REPORT SINGLE-DAY OBSERVATIONS.
3/ INCLUDES NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF $100*000 OK MORE BY LARGE WEEKLY
REPORTING COMMERCIAL BANKS.
4/ AVERAGE OF BEGINNING AND END OF MONTH DEPOSITS AT MUTUAL SAVINGS BANKS, SAVINGS AND LOAN S H A R E S , AND CREDIT UNION SHAfUS.
5/ U.S.GOVERNMENT DEMAND DEPOSITS AT ALL COMMERCIAL BANKS.

p - PRELIMINARY;




TABLi. 1
MONEY STOCK MEASURES
BILLIONS OF DOLLARS
Ml
DEMAND
DEPOSITS
PLUS

CMKKENCY
1974. .JAN.
• .FEB.
••MAR.
••APR.
• •MAY
..JUNt
••JULY
••AUG.
..SEP.
..OCT.
• •NOV.
..DEC.

1975.. JAN.
••FEB.
..MAR.
..APR.

..MAY
..JUNE
..JULY
..AUG.
..SEP.
..OCT.
••NOV.
..DkC.

1976.. JAN.
..FEB.
..MAR.
..APR.

..MAY
..JUNE
..JULY
..AUG.
..SEP.
..OCT.
..NOV.
..DEC.




271.5
272.9
274.1
275.4
276.2
277.6
278.8
279.3
279.9
201.2
262.5
283.1

J

(SEASONALLY ADJUSTED)
M5
M3
J
M4
M*
Ml PLUS
M2 PLUS
M3 PLUS
M2 PLUS
TIMfc OTHER
LARGE
LAR&t
DEPOSITS
THAN LARGE AT NONBANK NEGOTIABLE NEGOTIABLE
CDS
CDS
THRIFT INT
c;o$
926.0
575.8
641.5
991.7
1000.7
648.6
58,0.7
932.6
652.5
1006.8
564.3
93d. 7
V44.G
661. a
1017.6
588.1
590.2
946.7
668.6
1025.3
951.8
675.0
1032.6
594.2
1040.0
597.8
956.8
681.0
600.5
6&5.9
1046.0
960.6
964.2
602.5
1049.9
688.3
1057.0
693.4
970. a
607.2
976.«>
6SO.7
610.5
1062.8
612.4
981.5
701.4
1070.5

Ml
DbMAND
DEPOSITS
PLUS
CURRENCY
276.9
269.3
271.5
277.0
271.6
277.0
279.0
276.4
278.0
280.1
284.2
291.3

(NOT SEASONALLY ADJUSTED)
M2
i M3
M4
M5
Ml PLUS
| M2 PLUS
Mi PLUS
M3 PLUS
TIME OTHER! DEPOSITS
LARGE
LARGE
THAN LARGE I AT NUNBANK N t GOT 1 ABLE NEGOTIABLE
CDS
ITHR1FT INT
CDS>
CLS
580.5
99!>.l
929.3
646.3
643.6
929.0
995.1
577.6
650.6
1006.4
583.9
939.7
664.1
950.8
592.3
1022.6
665.5
1023.6
586.3
S>46.6
1035.4
955.8
t>74.9
595.3
681.0
1042.9
598.2
960.1
684.6
1044.9
597.5
957.8
688.1 .
1048.5
599.3
959.7
693.5
1055.1
966.4
604.7
1056. 8
695.9
971.8
608.8
708.0
983. b
1074.3
617.5

262.1
282.1
284.1
264.8
287.6
290.8
291.8
29Z.9
293.7
293.4
295.6
294.8

614.8
618.4
623.0
626.6
633.7
642.2
647.4
650.3
652.9
655.8
662.1
664.3

987.1
994.6
1004.0
1012.8
1025.4
1039. fa
1051.0
1059.6
1067.9
1075.7
1066.1
1092.6

706.6
710.4
713.1
714.6
719.3
7*5.6
728.7
729.9
732.8
737.1
744.1
746.5

1079.0
1086.7
1094.0
1100. b
1111.0
1123.*
1132.3
1139.1
1147.6
1156.9
1168.1
1174.7

267.7
278.5
281.4
286.5
282.9
290.3
292.1
290.0
291.7
292.3
297.4
303.2

619.5
615.2
622.7
631.1
631.9
643.5
647.8
647.2
649.5
653.2
660.2
669.3

990.3
990.3
1004.9
1019.9
1025.6
1044.4
1054.8
1056.9
1062.5
1070.1
1080.3
1094.3

711.4
704.4
710.6
710.9
716.0
7*5.6
729.1
728.4
73*?. 2
736.9
743.0
752.8

1082.2
1079.5
1093.0
1105.7
1109.7
1126.7
113fc.l
1136.0
1145.2
1153.8
1163.2
1177.7

295.3
296.8
298.1
301.8
303.5
303.2
305.0
306.5
306.9
310.4
310.4
312.4

670.3
678.2
632.6
690.6
095.7
698.2
705.2
710.4
716.3
725.9
732.3
740.3

1103.6
1117.1
1126.5
1139.7
1149.7
1156.5
1168.8
1180.6
1193.9
1*10.7
1223.4
1237.1

748.7
753.5
755.9
761.8
764.3
768.4
774.1
775.4
779.4
788.2
794.6
603.5

1182.0
1192.4
119S.6
1210.9
1218.3
1226.7
1237.7
1245.6
1257.0
1273.0
1285.6
1300.3

301.0
292.9
295.3
303.5
298.6
302.6
305.4
303.5
304.9
309.3
312.3
3/1.3

6?5.0
674.8
682.5
695.5
694.1
699.7
705.7
707.2
712.6
722.9
730.0
745.3

1106.5
1112.3
1127.8
1147.8
1150.4
1161.8
1173.2
1178.1
1188. 6
1205.0
1216.3
1237.9

753.5
747.8
754.2
764.9
761.4
768.8
774.5
773.5
777.9
787.1
792.6
609.5

Ild4.9
1185.3
11V9.0
1217.2
1217.7
i23G.9
1242.1
12*4.4
1253.9
1269.2
1279.2
130*. 1




TABLE 2
COMPONENTS OF MONtY STOCK MEASURES AND R E L A T E D ITEMS
.SEASONAL LY ADJUSTED* ttlLLIQttS OF DOLLARS
DATE

CURRENCY

DEMAND
DEPOSITS

1974.. JAN.
..FEB.
..MAR.
..ARK.
..MAY
..JUNE:
..JULY
..AUG.
..StP.
..OCT.
..NOV.
..DEC.

62.0
62.7
63.2
63.8
64.3
64.0
64.8
65.5
66.0
66.6
67.8

209.5
210.2
210.9
211.6
211.9
213.0
213.9
^13. b
213.9
214.6
215.1
215.3

1975.. JAN.
..FtB.
..MAR.
..APR.
..MAY
..JUNE
..JULY
..AUG.
..StP.
..UCT.
..NOV.
..OtC.

6b.2
68.7
69.4
69.4
70.2
70. S
71.3
71. V
7^.1
72.6
73.4
73.7

213.9
213.4
214.7
215.4
217.4
219.9
220.5
221.0
221.6
220. b
<:22.1
^21.0

1976. .JAN.
..FEb.
..MAR.
..APR.
..MAY
.. JUNt
..JULY
..AUG.
..SEP.
..UCT.
..NOV.
..DtC.

74.3
75.0
75.7
76.6
77.3
77.5
78.1
7b.6
79.2
79.8
60.2
80.5

221.1
221.8
222.4
225.2
226.2
225.6
226.9
^27.9

67.4

227.7
230.6
230.2
231.9

|

LDS
65.7
67.9
6B.2
73.o
76.6
80.8
83.2
65.4
85.7
86.2
86.2
89.0

OTH^R
304.3
307.9
310.2
312.7
314.0
316.7
319.1
321.2
322.7
326.0
328.0
329.3

TOTAL
370.0
375.8
378. <*
386.4
392.6
397.5
402.3
406.6
408.4
412.2
414.2
416.3

NONBANK
THRIFT
INST.
350.2
352.1
354.3
355.9
356.5
357.6
359.0
360.1
361.6
363.6
366.2
369.1

91. d
92.1
90.0
88.0
85.6
83.6
81.4
79.5
79.9
81.3

332.6
33o.2
339.0
341.6
346.1
351.4
355.5
357.4
359.2
362.4
366. t»
369.6

424.5
428.3
429.0
429.8
431.7
435.0
436.9
436.9
439.1
443.7
448.6
451.7

372.4
376.3
380.9
386.2
391.7
397.6
403.6
409.3
415.0
419.8
424.C
428.3

374.9
361.3
384.4
3b8.9
392.1
395.1
400.1
403.9
409.4
415.5
422.0
427.9

453.3
456.7
457.8
460.0
460.7
465.3
469.0
46&.9
472.5
477.8
4d4.2
491.1

433.4
438.9
443.9
449.1
454.0
458.2
463.6
470.5
477.6
464.8
491.0
496.8

TIME ANl> SAVINGS UtPOSITS

d2.0
82.1
7b.4
75.4
73.4
71.2
68.6
70.2
66.9
65.0
63.1
62.3
62.2
63.3

i

i

DATE

CURRENCY

TABLfc 3
COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS
NOT SEASONALLY ADJUSTED. BILLIONS OF DOLLARS
A>£|*AND D E P O S I T S
1
T I M E L SAVINGS DEPOSITS
1 DOMESTIC
TOTAL
TOTAL
MEMBER
iNON-MfcMBER
CDS
OTHER
369.4
303.6
65.8
215.3
155.8
56.6
374.3
207.4
150.4
54.4
308.3
66.1
379.1
208.8
312.4
54.4
66.7
151.6
213.5
387.1
154.8
56.0
71.8
315.3
393.9
207.4
77.2
316.7
54.6
150.2
397.9
79.6
318.3
212.2
152.7
55.9
402.0
213.7
319.2
82.8
153.8
56.2
408.2
210.7
151.7
87.1
321.1
55.8
410.1
212.2
321.3
152.7
56.3
88.7
413.3
213.7
68.8
324.6
153.7
56.8
216.4
155.4
87.1
324.6
411.7
57.3
416.7
58.5
90.5
222.2
326.3
159.7

JI NONBANK
THRIFT
1 NST .
348.8
351.4
355.8
358.5
358.3
360.5
361.9
360.3
360.4
361.7
362.9
366.3

U.S. GOVT
DEMAND
8.1
6.*>
6.4
6.0
7.6

1974. . J A N .
••FEB.
..MAR.
..APR*
..MAY
..JUNE
..JULY
..AUG.
..SEP.
..OCT.
••NOV.
..DEC.

61.6
61.9
6^.7
63.5
64.1
64.8
65.3
65.7
65.8
66.4
67.9
69.0

1975. .JAN.
..FfcB.
..MAR.
..APR.
..MAY
..JUNE
..JULY
..AUG.
..SEP.
..OCT.
..NOV.
..DtC.

67.8
67.8
68.8
69.1
70.0
71.2
71.9
72.1
71.9
72.5
73.9
75.1

219.9
210.6
212.6
217.4
212.9
219.1
220.3
217.8
219.9
219.9
223.5
228.1

158.2
151.8
153.4
156.9
153.4
157.2
157.9
155.8
157.0
156.6
159.0
162.1

58.2
55.7
56.0
57.4
56.6
58.9
59.4
59.0
59.7
60.3
61.4
62.6

91.9
89.2
8fc.l
85.8
84.1
82.3
81.3
81.1
82.7
83.7
82.9
83.5

331.9
336.7
341.4
344.6
349.1
353.2
355.7
357.3
357.7
360.8
362.8
366.2

423.8
425.9
429.4
430.4
433.2
435.5
436.9
436.4
440.4
444.5
445.6
449.6

370.6
375.2
382.2
388.8
393.6
400.8
407.0
409.7
413.0
417.0
420.1
424.9

4.O
3.3
3.8
4.0
4.1
4.2
3.4
2.7
3.9
3.4
3.5
4.1

1976.. JAN.
..FEB.
..MAR.
..APR.
..MAY
..JUNE
..JULY
..AUG.
..SEP.
..OCT.
..NOV.
..DEC.

73.7
74.1
75.1
76.3
77.1
77.8
7tt.7
78.9
79 .0
79.6
80.7
82.0

227.3
^18.9
220.2
227.2
221.5
224.8
226.7
224.6
225.9
229.7
231.6
239.3

162.0
155.8
156.9
161.8
157.2
159.2
160.1
158.4
158.9
161.7
162.5
168.5

62.1
59.9
60.3
62.4
61.1
62.5
63.1
62.9
63.8
64.8
65.8
67.3

76.5
73.0
71.8
69.4
67.4
69.1
68.9
66.3
65.3
64.2
62.9
64.3

374.0
381.9
387.2
392.0
395.5
397.1
400.2
403.7
407.8
413.6
417.7
423.9

452.5
454.9
458.9
461.4
462.8
466.3
469.1
470.0
473.0
477.8
480.5
488.2

431.4
437.5
445.3
452.2
456.3
462.1
467.6
470.9
476.0
482.1
486.3
492.6

3.8
4.5
3.9
3.9
3. 8
4.8
3.5
3.7
5.0
4.0
4.2
4.1




6.1

5.4
4.0
5.5
3.7
3.4

4.9

DATE

1976

JUNE.. 2
. .9
..16

..23
..30
JULY.. 7

..14
..21
..2tf
AUG... 4

..11

..ie

..l5
SEP... 1
.. 6
..15
..22
..29

OCT... 6
..13
..20
..27
NOV... 3
..10
..17
..24
DEC... 1
.. 3
..15
..22
..29
1977 J A N . . . *
..12
..19
..26
FEB... 2
•• *
• .16

..23
MAR... I
.. 9
..16
..23
..30
APR... o
..13
..20
..27




TABLE 4
M O N E Y STOCK M E A S U R E S , COMPONENTS, A N D R E L A T E D I T E M S
S E A S O N A L L Y ADJUSTED, B I L L I O N S QF OOLLAKS
j
Ml
M2
M4
D£MA*D
Ml PLUS
DEMAND
M2 PLUS
CORRtNCY
DEPOSITS
D E P O S I T S T I M E OTHER
LARGE
THAN LARGE N E G O T I A B L E
PLUS
CURRENCY
CDS
COS
226.6
77.6
697.5
304.2
766. $
77.4
225.7
766.9
303.1
697.4
77.5
225.3
302.9
767.7
691.7
224.7
768.0
77.o
697.6
302.3
2^5.6
77.7
771.3
303.3
700.1
226.4
77.7
30 A-. 1
772.8
702.2
225.8
76.1
773.3
703.7
303.9
228.0
775.4
1*.2
70fc.5
300.2
16.4
227.6
306.0
707.5
775.2
227.4
7d.3
774.2
305.8
707 .t>
227.4
7d.5
774.3
305.9
708.5
73.5
22£.4
775. b
306.9
710.7
228.4
776.4
76.0
712.1
307. 2
221.9
776.4
7b.7
306.5
712.7
7B.9
225.6
775.4
304.5
712.2
2/9.8
308.9
19.1
780.8
717.9
227.4
79.3
779.8
300.7
716.9
221.0
79.5
760.9
306.5
717.6
230.5
79.7
766.4
310.2
723.3
231.1
787.7
79.6
310.7
725.0
229.5
19.6
786.5
724.3
30S.2
231.7
79.6
311.5
726.6
790.3
230.8
ao.o
790.7
310.7
729.1
230.5
7*. 9
310.4
792.7
730.7
230.8
60. 0
794.5
310.9
732.3
226.2
60.3
794.3
j»0b.5
731.8
230.o
60.3
79b.3
735.7
310.9
231.0
60.3
600.6
311.4
737.6
bO.5
230.3
601.6
310.8
736.6
232.3
80. 6
604.4
312.9
741.4
233.2
80.8
d06.5
742.3
314.0
234.6
60.7
810.9
315.3
746.2
233.7
61.0
610.1
746.8
314.7
232.7
809.0
81.2
746.6
313.9
2U.5
81.5
609. <*
313.1
746.9
231.4
al.5
312.9
809.5
746.8
232.2
81.7
313.9
74«*.8
613.2
81.7
233.3
314.9
615.3
751.7
231.7
313.9
6l.l
751.4
B14.5
231.4
bl.*
614.0
313.3
751.3
232.8
314.9
754.2
816.6
82.1
234.4
6*. 2
756.9
316.6
816.8
233.0
82.4
756.6
618.4
315.3
231.6
82.7
314.3
756.2
618.7
236. *
d3.0
763.4
319.6
b4>5.9
237.9
82.7
765.1
826.7
320. 6
237.2
63.0
763.9
320.2
625.2
23*. 5
83.4
321.9
766.2
827.4

T I M E A^ID SAVINGS C)tPOS!TS

CDS

OTHER

TOTAL

69.0
69.5
70.0
70.3
71.2
70.6
69.6
66.9
67.8
66.6
65.7
65.1
64.3
63.7
63.2

393.3
394.3
394.8
395.5
396.8
398.1
399.1
400.3
401.5
401.8
402.6
403.6
^04.9

462.3
463. b
464. V
465.7
468.0
4o8.7
469.3
469.2
469.2
466.5

6^.9

62.9
63.3
63.1
62.7
t>2.2
61.7
61.6
62.0
62.2
62.5
62.6
62.8
62. P
63.0
64.2
64.1
63.2
62.4
62.5
62.8
63.5
o3.7
63.1
62.7
62.4
62.0
61. 8
62.5
62.4
ol.6
61.3
61.2

406.2

407.7
409.0
410.2
411.0
41^.1
414.2
415.2
417.1
416.4
420.3
4*1.4
423.3
424.8
426.4
428.0
42d.5
428.3
430.9
432.1
432.6
433.8
433.9
435.9
436.7
437.5
438.0
439.3
440.3
441.3
441.9
443.9
444. 5
443.7
444.3

466.4
46ti.b
469.2

469.9
470.9
471.9
475.1
414.3
476.2
476.9
477.4
476.8
4bO.O
462.3
<t63.6
485. b
487.4

<*69.2
490.6
491.5
492.4
495.5
49>.4

*95.0
496.3
496.7
499.4
500. <•
500.0
500.1
501.7
502.3
503.1
504.4
506.3
506.1
50*. 0
505.5

1

X976

JUNfc.. ^
.. 9
..16

• •23
..30
JULY.. 7
..14
..21

..2b

AUG... *
..11
..18
..25
SfcP... 1
.. 6
..13
..22
..29
OCT... 6
..13
..20
..27
NOV... 3
..10
..17
..24
Dfct... 1
•• 8
..15
..22
..29
1977 JAN... *»
..12
..19
. .£6
tEb... 2
.. 9
..16
..23

MAR... 2

.. 9
..16
..23
..30
APR... 6
..13
..20
..27




TABLt 5
MONhY S10CK MtASURfcS, COMPONENTS, AND KtLATBD ITEMS
NUT SEASONALLY A D J U S T E D * BlLLlLJfte OE OQLLAKS
J
fttMAND iJhPSOllS
4 T I M t AND S A V I N G S DEPOSITS
M* _ . I
Ml
1
M2
iDUMtSTlt 1
DEMAND I M l PLUS Mk PLUS
Cb
L A R G t CUKRfcNCY T O T A L
NUNMLMbbK
OTHER
TOTAL
D t P O S l T S I T J M l DfcP
MtMBEK
NtGOT.
PLUS
1 fcXCL.
CO
CURRENCY l L A A G f c LD
.
J
77.4
697.0
765.4
68.4
223.2
138.7
61. <£
39o.4
464 . 8
300.6
78.4
60.8
t>99.8
766.6
156.4
62.7
302.7
*2*.2
463.9
397.1
66. V
78.0
771.4
702.5
305.4
227.4
63.2
466.0
397.1
161.1
300.9
77.6
697.6
766.7
13d. &
69.1
223.3
465.8
62.3
396.7
77.2
698. 8
766.6
70.0
300.9 .
223.7
61.7
397.9
467.8
15b.7
79.4
706.4
776.1
161.5
63.3
69.8
228.3
466.5
307.6
396.6
79.1
77o.8
307. b
707. 6
Z28.7
160.8
469.0
69.2
399.9
64.3
76.6
775.1
305.9
706.1
227.3
63.2
69.0
160.7
469.2
400.2
770.8
77.9
157.9
702.5
61.9
469.6
223.2
301.2
401.4
68.2
773.5
78.6
304.5
62.6
469.1
225.9
67.3
706.3
159.6
401.6
7Gb. 2
79.7
77*. 8
63.5
66.6
305.3
225.6
402.9
469.5
158.7
305.4
70b.9
79.2
775.2
li>9.4
226.2
o3.4
66.2
403.5
469.7
76.5
15o.9
*70.5
771.2
66.0
404.5
300.6
7C5.3
222.3
62.1
78. t
707.5
223.9
301.9
773.1
62.5
65.7
405.5
471.2
15B.1
80.0
156. V
63.7
775.8
65.3
406.7
472. U
710.0
303.6
223. d
407.4
79.2
162. Z
65.3
64.9
472.2
310.0
7b2.2
230.6
717.3
78.9
63. V
712.4
158.7
407.9
777.5
225.7
65.1
472.9
304.6
156.9
6^.5
c>5.8
409.1
300.<t
76.1
474.6
775.3
709.5
2<^.3
760.4
720.9
79.9
64.6
65.5
161. V
229.6
476.7
309.7
411.2
65.5
161.6
786.5
60.2
*30.5
412.9
64.8
310.7
477. b
7>3.o
79.4
229.&
309.1
766.6
722.6
161.2
t>4.1
413.5
65.2
477.6
78.8
63.9
721.8
160.8
306.7
765.2
63.3
478.5
227.6
415.2
79.5
7*0.3
65.1
312.6
7*7.8
233.1
Io4.7
477.9
62.7
415.3
312.4
791.6
81.1
729.3
479.4
162.1
66.1
6^.5
231.3
416.8
794.1
314.4
731.4
80.8
66.8
*33.6
163.3
62.7
417.0
479.7
308.5
60.6
64.9
15V. 5
63.0
7^7.3
790.3
227.7
481. b
418.6
314.0
797.0
80.7
733.0
Io4.3
233.3
65.3
63.4
419.7
433.1
?3S.b
316.0
165. ft
803.5
236.0
66.6
82.1
421.6
465.5
63.7
320.4
607.9
62.0
744. C
238.4
167.7
67.3
487.5
63.8
423.6
7*6.4
321.9
810.5
82.3
67.6
168.0
424.5
239.6
o4.1
468.6
612.9
3£2.5
7t7.o
240.4
62.1
169.5
4*5.0
490.4
67.3
65.3
625.4
ol.5
331.4
250.0
69.4
760.2
176.7
428.7
494.0
63.3
757.0
326.4
61.4
69.4
172.0
6^0.7
245.0
494.3
430.6
63.7
815.2
752.6
60.7
240.*
431.4
494.1
321.1
166.7
68.2
62.7
79.9
806.5
311.1
744.2
162.2
65.5
433.1
495.5
62.3
231.2
744.1
806.1
64. b
79.7
230.9
495.4
433.5
310.6
162.7
61.9
311.9
747.7
161.9
809.6
81.3
65.1
230.6
61.9
435.7
497.7
7*8.9
80.9
610.6
311.8
230.9
162.6
64.8
437.1
498.8
61.7
306.9
60.8
745.6
806.4
64.0
499.4
226.2
158.6
60.6
436.6
64.4
748.4
160.4
308.7
228.4
439.7
B08.7
80.3
500.0
60.3
754.4
614.9
161.4
312.7
65.6
82.1
230.6
60.5
441.7
502.2
315.4
756.6
819.4
81.9
t>5.8
233.6
60.5
443.4
503.9
164.*
735.7
616.3
81.6
444.4
311.3
505.2
229.7
64.9
161.2
60. B
755.1
309.2
507.5
445.9
610.7
226.0
64.2
61.6
81.2
160.2
322.3
770.1
831.5
447.9
83.2
239.1
167. S
67.4
61.*
509.2
63.4
774.0
325.6
634.4
242.4
69.5
60.4
508.6
169.3
448.2
831.4
324.6
£2.6
771.8
306.8
16V. 0
69.5
447.2
**2.1
59.6
81.9
318.8
766.4
67.4
825.7
165.9
506.9
236.9
447.6
59.3

US GOVT
DEMAND

3.0
3.5
5.3
6.4
4.4
3.0
3.0
3.9
3.3
3.9
3.6
3.8
4.1
2.9
4.4
4.1
6.2
5.5
4.6
3.5
4.0
4.0
4.6
3.9
3.9
4.6
3.9
3.8
4.4
7.2
4.0
3.6
4.1
4.2
4.7
3.6
4.1
3.8
5.2
4.3
3.6
5.7
5.5
3.7
3.7
3.1
8.8
5.7