Full text of H.6 Money Stock Measures : June 9, 1988

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&SS1&;

FEDERAL RESERVE statistical release
These data are scheduled for release each Thursday at 4:30 p.m.
H.6 (508)
Table 1

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

JUNE

Billions of dollars
Date

Ml1

M2 2

9, 1988

Debt5

M3 3
Seasonally adjusted

1986-MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
DEC.

651.7
661.3
670.8
680.5
687.4
694.9
706.4
725.4

2652.4
2677.4
2702.9
2725.6
2743.6
2766.1
2782.7
2807.8

3319.8
3347.3
3377.4
3403.8
3429.8
3448.5
3464.5
3491.5

3954.0
3979.0
4010.0
4036.3
4064.4
4083.8
4105.2
4135.0

7063.2
7129.0
7194.7
7280.8
7365.2
7429.5
7511.3
7607.1

1987-JAN.
FEB.
MAR.
APR.
HAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
DEC.

731.4
731.3
734.2
744.7
746.5
742.1
743.6
746.5
747.5
756.2
752.7
750.8

2827.8
2829.3
2834..3
2847..4
2849..1
2851..7
2858..2
2869..5
2880..9
2894..6
2896..6
2901..1

3516.2
3524.6
3532.9
3549.8
3564.4
3580
3587
3605
3620
3642
3656
3661

4163.8
4175.9
4174.2
4189.6
4217.7
4232.3
4235.1
4257.8
4283.5
4312.5
4324.4
4325.7

7676.8
7717.7
7764.6
7827.4
7894.2
7953.9
7997.6
8051.2
8114.4
8180.2
8259.0
8318.8

1988-JAN.
FEB.
MAR.
APR.

758.9
759.6
763.1
770.2

2925.0
2946.0
2967.5
2992.3

3686.5
3718.8
3742.9
3765.5

4364.0
4399.7
4429.5 p

8377.1
8452.7
8523.1 p

1986-MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
OEC.

645.7
663.5
674.0
679.1
685.2
692.8
709.5
740.6

2641.2
2676.4
2707.6
2723.7
2737.9
2766.0
2785.7
2821.5

3309.7
3344.0
3376.1
3400.7
3426.6
3448.5
3471.0
3508.3

3938.4
3975.5
4003.2
4029.6
4058.3
4083.3
4113.4
4153.0

7034.3
7103.1
7170.2
7258.8
7350.1
7411.9
7485.8
7592.8

1987-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
DEC.

737.5
717.1
723.5
752.5
739.9
744.4
746.8
745.0
745.2
753.7
756.0
765.9

2839.9
2817.2
2826.5
2855 1
2836 0
2850 1
2862 6
2868 2
2876 0
2895 3
2900 1
2914.8

3528
3513
3526
3555
3552
3576
3585
3602.8
3618.3
3642.0
3663.9
3677.7

4181.8
4171.3
4173.6
4191.3
4201.0
4229.1
4226.6
4250.6
4278.6
4312.8
4334.2
4343.8

7659.6
7683.7
7732.8
7796.3
7861.6
7925.7
7975.4
8032.8
8100.3
8164.2
8233.1
8302.6

1988-JAN.
FEB.
MAR.
APR.

764.8
745.1
752.3
778.4

2937.3
2933.4
2958.9
2999.9

3699.0
3707.3
3736.1
3770.3

4382.7
4395.5
4428.2 p

8358.9
8416.9
8491.0 p

Not seasonally adjusted

Footnotes appear on the following page,
p-^indicates preliminary data.







H.6 (508)
Table 2

MONEY STOCK AND DEBT MEASURES
Percent change at seasonally adjusted annual rates

Ml

M2

M3

Debt 1

3 Months from JAN. 1988 TO APR. 1988

6.0

9.2

8.6

9.8

6 Months from OCT. 1987 TO APR. 1988

3.7

6.8

6.8

10.1

12 Months from APR. 1987 TO APR. 1988

3.4

5.1

6.1

9.8

Thirteen weeks ending MAY 30, 1988
from thirteen weeks ending:

FEB. 29, 1988 (13 weeks previous)

6.0

8.8

8.1

NOV. 30, 1987 (26 weeks previous)

4.1

6.7

6.7

JUNE

3.5

5.1

6.0

1.

1, 1987 (52 weeks previous)

Growth rates for debt are based on periods beginning and ending one month earlier than for the monetary aggregates, namely,
December 1987 to March 1988, September 1987 to March 1988, and March 1987 to March 1986, respectively.
Footnotes to Table 1
Consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions)
(2) travelers checks of nonbank issuerss (3) demand deposits at all commercial banks other than those due to depository
institutions, the U.S. government, and foreign banks and official institutions, less cash items in the process of collection
and Federal Reserve float) and (4) other checkable deposits (OCDs), consisting of negotiable order of withdrawal (NOH) and
automatic transfer service (ATS) accounts at depository institutions? credit union share draft accounts and demand deposits
at thrift institutions. Seasonally adjusted Ml is calculated by summing currency, travelers checks, demand deposits, and
0CDs ? each seasonally adjusted separately.
Consists of Ml plus overnight (and continuing contract) RPs issued by all commercial banks and overnight Eurodollars issued
to U.S. residents by foreign branches of U.S. banks worloViide, money market deposit accounts (MMDAs), savings and smalldenomination time deposits (time deposits—including retail RPs—in amounts of less than $100 ? 000) ? and balances in both
taxable and tax-exempt general purpose and broker/dealer money market mutual funds. Excludes individual retirement account
(IRA) and Keogh balances at depository institutions and money market funds. Also excludes all balances held by
U.S. commercial banks, money market funds (general purpose and broker/dealer), foreign governments and commercial banks,
and the U.S. government. Seasonally adjusted M2 is computed by adjusting its non-Mi component as a whole and then
adding this result to seasonally adjusted Ml.
Consists of M2 plus large-denomination time deposits (in amounts of $100,000 or more) and term RP liabilities issued
by commercial banks and thrift institutions, term Eurodollars held by U.S. residents at foreign branches of U.S. banks
worldwide and at all banking offices in the United Kingdom and Canada, and balances in both taxable and tax-exempt
institution-only money market mutual funds. Excludes amounts held by depository institutions, the U.S. government, money
market funds, and foreion banks and official institutions. Also subtracted is the estimated amount of overnight RPs and
Eurodollars held by institution-only money market mutual funds. Seasonally adjusted M3 is obtained by adjusting its non-M2
component as a whole and then adding this result to seasonally adjusted M2.
Consists of M3 plus the nonbank public holdings of U.S. savings bonds, short-term Treasury securities, commercial paper
and bankers acceptances, net of money market mutual fund holdings of these assets.
Debt of domestic nonfinancial sectors consists of outstanding credit market debt of the U.S. government, state and local
governments and private nonfinancial sectors. Private debt consists of corporate bonds, mortgages, consumer credit
(including bank loans), other bank loans, commercial paper, bankers acceptances and other debt instruments.
The data are derived from the Federal Reserve Board's flow of funds accounts. All data on debt of domestic nonfinancial
sectors are presented in month-average form? derived by averaging adjacent month-end levels. These data have also
been adjusted to remove statistical discontinuities that may arise in the underlying flow of funds statistics. The
presentation of debt data in this release differs, therefore, from the quarterly flow of funds statistics contained in the
Federal Reserve releases 2.7 and Z.l. In those releases, published levels of credit market debt are measured on a quarter-end
basis and include discontinuities.

\

H.6 ( 5 0 8 )
Table 3

MONEY STOCK MEASURES
B i l l i o n s of

dollars
Seasonally adjusted

Period ending

IS-week
average

4-week
average

M3

M2

Ml
week
average

13-week
average

4-week
average

week
average

13-week
average

4-week
average

week
average

1988-MAR.

7
14
21
28

756.9
757.7
758.9
760.2

758.2
758.3
759.3
762.6

755.9
760.3
766.2
768.1

2927.9
2932.6
2938.0
2943.8

2949.2
2953.5
2958.6
2966.3

2952.7
2963.1
2972.5
2977.0

3693.5
3699.7
3706.2
3713.0

3723.5
3728.4
3734.3
3741.5

3726.5
3741.0
3747.5
3751.1

APR.

4
11
18
25

761.2
762.1
762.6
763.7

764.9
766.4
766.4
768.9

765.0
766.3
766.3
777.8

2949.7
2955.8
2960.8
2965.6

2973.8
2980.8
2985.6
2990.3

2982.4
2991.3
2991.8
2995.8

3720.3
3727.4
3733.3
3738.7

3749.7
3755.4
3759.7
3763.6

3759.0
3763.8
3764.7
3766.9

MAY

2
9
16
23p
30p

764.6
765.3
765.9
766.5
767.7

771.7
772.5
773.0
770.8
769.5

776.3
769.6
768.1
769.1
771.2

2969.8
2974.3
2978.5
2982.8
2987.8

2993.9
2995.7
2998.1
3000.9
3004.5

2996.5
2998.8
3001.1
3007.2
3010.8

3743.8
3748.9
3753.1
3757.6
3762.5

3766.8
3770.0
3772.8
3776.6
3780.1

3771.8
3776.5
3776.0
3782.2
3785.5

Not seasonally a d j u s t e d

Period ending

13-week
average

4-week
average

M3

M2

Ml
week
average

13-week
average

4-week
average

week
average

13-week
average

4-week
average

week
average

1988-MAR.

7
14
21
28

758.1
757.5
756.6
754.9

745.4
747.5
749.8
751.8

756.6
754.5
751.8
744.2

2931.3
2934.8
2938.3
2942.0

2937.7
2944.5
2950.8
2957.6

2954.5
2959.7
2959.8
2956.5

3698.5
3703.2
3707.7
3712.0

3713.4
3719.9
3727.3
3734.4

3730.3
3737.6
3735.2
3734.3

APR.

4
11
18
25

753.8
754.0
755.4
757.4

756.0
763.1
771.8
779.2

773.4
783.1
786.3
773.9

2945.8
2950.6
2955.9
2960.8

2967.0
2980.3
2992.6
3000.9

2992.1
3012.9
3008.9
2989.8

3717.7
3723.5
3729.1
3734.3

3744.8
3756.0
3766.3
3772.0

3772.1
3782.3
3776.6
3757.1

MAY

2
9
16
23p
3 Op

759.0
760.3
761.9
763.0
764.5

777.1
773.7
768.9
764.7
762.4

764.9
769.8
767.0
756.9
756.0

2965.1
2969.2
2973.8
2977.9
2982.5

2998.1
2992.0
2987.9
2987.5
2989.6

2980.6
2988.6
2992.4
2988.3
2989.0

3739.0
3743.7
3747.9
3752.5
3757.4

3767.4
3763.3
3760.7
3762.8
3766.9

3753.7
3765.7
3766.4
3765.5
3769.9

N o t e : S p e c i a l c a u t i o n s h o u l d be taken i n i n t e r p r e t i n g week-to-week changes i n money supply d a t a , which are h i g h l y v o l a t i l e and s u b j e c t
revision.
p--indicates preliminary data.



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H.6 (508)
Table 4-continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, seasonally adjusted
Large time deposits1
At .
commercial
banks 2

Date

Debt components6

Non-M3 components of L

At
thrift
institutions

Total

Savings
bonds

Short-term
Treasury
securities3

Bankers
acceptances4

Commercial
paper5

Federal
debt

Non-federal
debt

1986-DEC.

288.9

150.3

439.2

91.6

284.2

37.8

229.9

1804.5

5802.6

1987-JAN.
FEB.
MAR.

291.8
295.3
298.2

148.6
147.9
147.4

440.4
443.1
445.6

92.5
93.3
94.2

280.8
280.0
267.7

38.0
38.9
39.6

236.3
239.0
239.9

1818.7
1832.9
1850.0

5858.2
5884.8
5914.6

APR.
MAY
JUNE

303.1
308.1
311.9

145.8
145.9
146.7

448.9
454.0
458.6

95.1
95.9
96.6

257.6
261.6
259.6

40.9
42.1
43.1

246.3
253.7
252.8

1861.7
1874.4
1886.0

5965.7
6019.8
6067.9

JULY
AUG.
SEP.

312.2
312.8
313.8

148.0
149.6
151.5

460.2
462.4
465.3

97.5
98.1
98.4

254.8
258.9
263.7

43.4
43.5
44.3

251.8
251.8
256.6

1888.9
1902.8
1913.1

6108.6
6148.4
6201.3

OCT.
NOV.
DEC.

317.5
322.3
323.5

154.8
158.1
161.2

472.3
480.5
484.7

98.8
99.3
100.2

273.0
270.9
259.8

44.5
45.0
45.7

254.2
252.5
258.9

1919.3
1939.5
1952.4

6260.9
6319.5
6366.4

1988-JAN.
FEB.
MAR.

320.1
324.8
326.3

162.7
164.9
165.1

482.8
489.7
491.4

101.4
102.6
103.5 p

263.5
263.5
262.1 p

43.5
40.9
40.6 p

269.0
274.1
280.3 p

1960.8
1979.2
2004.4 p

6416.3
6473.5
6518.7 p

APR.

325.3

167.2

492.5

4
11
18
25

326.3
325.2
325.0
325.0

166.6
167.0
167.3
167.3

492.9
492.1
492.3
492.4

2
9
16
23p
30p

325.8
326.5
328.8
328.2
330.1

168.0
168.2
168.2
168.1
167.6

493.8
494.7
497.0
496.3
497.7

Week ending
1988-APR.

MAY

1.

Large denomination time deposits are those issued in amounts of $100,000 or more, excluding those booked at international banking
facilities.
Large denomination time deposits at commercial banks less those held by money market mutual funds, depository institutions and
foreign banks and official institutions.
3.
Consists of U.S. Treasury bills and coupons with remaining maturities of less than 12 months held by other than depository
institutions, Federal Reserve Banks, money market mutual funds and foreign entities.
4.
Net of bankers acceptances held by accepting banks, Federal Reserve Banks, foreign official institutions, Federal Home Loan Banks,
and money market mutual funds.
5.
Total commercial paper less commercial paper held by money market mutual funds.
6.
Debt data are on a monthly average basis, derived by averaging adjacent end-of-month levels, and have been adjusted to remove
discontinuities.
p—indicates preliminary data.
2.




H.6 ( 5 0 8 )
Table 5

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars> not seasonally adjusted
Other checkable

At
commercial
banks 4

deposits

At
thrift
institutions5

Nontransactions
components
Overnight
Eurodollars9

General purpose
and broker/dealer
money market funds

59.4

19.0

208.0

688.4
695.9
700.0

62.4
60.6
58.3

22.3
19.5
18.6

209,
211,
212,

2102.6
2096.2
2105.6

699.9
716.5
726.1

56.3
55.3
54.9

20.
20.
20.

212,
209,
210,

254.3
255.6
257.5

2115.8
2123.2
2130.8

723.0
734.6
742.4

56.9
61.4
62.4

18.
18.
21.

210,
213,
216,

81.5
81.4
81.2

258.5
259.3
261.6

2141.5
2144.1
2148.9

746.8
763.9
762.9

65.1
63.2
62.1

20.
16.
16.

218.2
219.7
221.1

184,
181,
184,

81.
80.
82.

265.3
262.0
266.3

2172.5
2188.3
2206.6

761.8
773.9
777.1

64.4
61.6
60.0

18.4
16.5
14.8

225.0
231.0
234.9

291.9

191.1

86.9

278.0

2221.5

770.5

61.1

16.0

236.1

292.2
293.9
294.8
289.5

187,
191,
194.
191,

85.4
87.8
88.4
85.9

273,
279,
283,
276,

2218.7
2229.8
2222.7
2215.9

780,
769 i
767,
767,

59.8

60
61
61,

13.7
16.8
16.2
15.0

236.
237.
235.
236.

285.6
284.9
285.7
278.7
277.9

185.
186.
185.
183.
183.

85.4
86.8
85.6
84.2
84.0

271,
273,
270,
267,
267,

2215.8
2218.8
2225.5
2231.3
2233.0

773,
777,
774,
777,
780,

61,
62,
64.
64.
65,

18.0
16.9
17.8
19.5
19.2

233.
231.
231.
233.
233.

Total

In M 2 6

In M3
only 7

74.3

237.3

2080.8

686.8

169.9
167.8
170.7

74.9
74.5
76.6

244.9
242.3
247.4

2102.4
2100.0
2103.0

301.1
294.1
294.4

178,
172,
173.

81
80,
81,

260.2
252.3
254.3

7.7
7.9
7.6

294.3
290.7
289.3

173.
174.
176.

81.0
80.8
80.9

192.6
195.9
199.4

7.0
6.6
6.5

295.7
294.1
298.5

177.0
178.0
180.3

1988-JAN.
FEB.
MAR.

197.1
197.2
199.2

6.6
6.8
6.9

295.8
279.1
279.9

APR.

201.6

6.9

4
11
18
25

201.3
202.5
201.4
200.7

7.0
6.9
6.9
6.9

2
9
16
23p
30p

201.0
204.3
203.6
203.3
203.9

6.9
7.0
7.0
7.1
7.1

Currency1

Travelers
checks2

Demand
deposits3

1986-DEC.

183.0

6.0

314.4

163.0

1987-JAN.
FEB.
MAR.

180.8
181.5
182.8

6.0
6.2
6.4

305.8
287.1
286.9

APR.
MAY
JUNE

184.8
187.0
188.6

6.4
6.5
7.1

JULY
AUG.
SEP.

190.5
190.9
190.9

OCT.
NOV.
DEC.

Date

Neek

Overnight
RPs a

ending

1988-APR.

MAY

e
e
e
e

Currency outside U.S. Treasury> Federal Reserve Banks and the vaults of depository institutions.
Outstanding amount of U.S. dollar-denominated travelers checks of nonbank issuers. Travelers checks issued by depository institutions are
included in demand deposits.
Demand deposits at commercial banks and foreign-related institutions other than those due to depository mstitutions> the U.S. government
and foreign banks and official institutions, less cash items in the process of collection and Federal Reserve float.
4.
Consists of NON and ATS balances at commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations.
5.
Consists of NOH and ATS balances at thrifts, credit union share draft balances, and demand deposits at thrifts.
6.
Sum of overnight RPs and Eurodollars, money market fund balances (general purpose and broker/dealer), MMDAs and savings and small time deposits.
7.
Sum of large time deposits, term RPs and Eurodollars of U.S. residents, money market fund balances (institution-only), less the estimated
amount of overnight RPs and Eurodollars held by institution-only money market mutual funds.
8.
Consists of overnight and continuing contract RPs issued by commercial banks to cither than depository institutions and money market mutual
funds (general _purpose and broker/dealer).
9.
Issued by foreign branches of U.S. banks worldwide to U.S. residents other than depository institutions and money market mutual funds
(general purpose and broker/dealer).
e—indicates estimated data,
p—indicates preliminary data.




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H.6 ( 5 0 8 )
Table 5-continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT

8

B i l l i o n s of d o l l a r s , not seasonally a d j u s t e d
Term RPs1
At
InstitutionAt
only money commercia]L
thrift
market funds
institutions
banks

Date

Debt components6

Non-M3 Components of L

Total

Term
Eurodollars 2

Savings
bonds

Short-term
Treasury
s e c u r i t i e s 3;

Bankers
acceptances 4

Commercial
paper 5

Federal
debt

Non-Federal
debt

1986-DEC.

84.4

35.4

48.6

84.0

84.9

91.9

286.7

37.4

228.7

1804.0

5788.8

1987-JAN.
FEB.
MAR.

84.4
85.1
85.4

34.1
35.4
34.9

49.5
51.8
52.3

83.6
87.2
87.2

86.5
88.8
88.7

92.7
93.5
94.3

283.6
285.3
273.3

37.8
38.9
39.3

239.3
240.4
240.2

1817.6
1827.4
1839.0

5842.0
5856.3
5893.8

APR.
MAY
JUNE

83.5
82.1
81.7

38.3
40.6
40.4

56.1
61.9
67.0

94.4
102.5
107.4

83.9
86.8
87.8

95.1
95.8
96.5

257.0
256.8
257.8

40.5
42.2
43.5

243.8
253.6
255.1

1847.4
1858.3
1869.5

5948.9
6003.3
6056.3

JULY
AUG.
SEP.

83.8
84.0
81.3

38.5
39.5
40.2

68.5
67.9
68.8

107.0
107.4
109.1

84.4
90.2
94.4

97.1
97.7
98.3

251.1
257.2
260.8

43.6
43.6
44.4

249.2
249.2
256.8

1872.7
1887.6
1900.1

6102.7
6145.1
6200.1

OCT.
NOV.
DEC.

82.5
89.5
89.6

37.0
39.2
37.4

69.1
69.5
68.0

106.1
108.7
105.5

92.9
92.8
90.8

98.8
99.6
100.6

270.1
274.0
262.7

44.8
45.1
45.1

257.1
251.6
257.8

1909.7
1935.2
1951.9

6254.4
6297.9
6350.8

1988-JAN.
FEB.
MAR.

94.4
98.7
97.4

37.7
42.5
42.6

68.3
67.4
64.7

106.0
109.9
107.3

85.1
84.5
87.9

101.7
102.7
103.6 p

266.2
268.8
267.6 p

43.3
40.9
40.4 p

272.5
275.8
280.5 p

1959.4
1972.3
1991.0 p

6399.4
6444.6
6500.0 p

APR.

91.9

42.9

65.1

108.0

86.6

4
11
18
25

95.1
93.2
92.3
89.9

44.5
41.6
42.0
42.9

64.8
64.8
64.9
65.2

109.3
106.4
106.9
108.1

88.6
86.0
85.6
85.9

2
9
16
23p
30p

90.1
92.2
88.4
91.3
88.4

44.4
44.3
44.2
42.6
44.7

66.1
67.0
67.0
67.0
67.4

110.5
111.2
111.2
109.6
112.1

88.5
88.4
88.0
87.1
89.0

Heek ending
1988-APR.

MAY

1.

Term RPs are those with original maturities greater than one day, excluding continuing contracts and retail RPs. Includes a relatively small amount
of overnight RPs at thrift institutions.
Term Eurodollars are those with original maturities greater than one day. Consists of those issued to U.S. residents by foreign branches of U.S. banks
world-wide and by all banking offices in the United Kingdom and Canada. Excludes those held by depository institutions and money market mutual funds.
3.
Consists of U.S. Treasury bills and coupons with remaining maturities of less than 12 months paid by other than depository institutions* Federal
Reserve Banks* money market mutual funds* and foreign entities.
4.
Net of bankers acceptances held by accepting banks* Federal Reserve Banks* foreign official institutions* Federal Home Loan Banks* and money market
mutual funds.
5.
Total commercial paper less commercial paper held by money market mutual funds.
6.
Debt data are on a monthly average basis* derived by averaging adjacent end-of-month levels* and have been adjusted to remove discontinuities,
p—indicates preliminary data*
2.




H.6 (508)
Table 6

MEMORANDUM ITEMS
Billions of dollars> not seasonally adjusted
Demand deposits
at banks due to
Foreign
Foreign
ciommercial
official
banks
institutions

Date

U.S. government deposits
Time and savinas
deposits due to
foreign banks
and oTficial
institutions

Demand
deposits at
commercial
banks

Balance
at
Federal
Reserve

Note balances
at depository
institutions

Total
cash
balance

IRA and Keogh Accounts
Time and
savinas
At
At
deposits
thrift
at commercial commercia 1
banks
banks
institutions

At
money
market
funds

Total

1986-DEC.

9.5

2.0

4.1

3.7

3.7

15.5

22.9

1.5

72.7

97.2

10.7

180.7

1987-JAN.
FEB.
MAR.

9.9
9.3
8.8

1.9
1.7
1.6

4.1
4.4
4.6

3.7
3.3
3.5

9.6
5.0
3.1

23.8
25.2
13.6

37.1
33.6
20.3

1.4
1.4
1.4

73.7
74.5
75.6

98.1
98.9
100.3

10.8
11.0
11.2

182.6
184.4
187.1

APR.
MAY
JUNE

9.0
9.0
9.3

1.8
2.0
2.0

4.6
4.5
4.5

5.0
3.4
3.6

7.0
16.0
8.7

16.6
27.4
21.8

28.5
46.8
34.2

1.4
1.6
1.6

78.6
79.7
79.8

103.0
103.7
104.6

12.4
13.1
13.3

193.9
196.5
197.7

JULY
AUG.
SEP.

9.3
8.9
9.4

2.0
2.0
1.9

4.4
4.4
4.4

3.3
3.0
4.2

5.3
3.4
10.3

23.3
18.6
21.3

31.9
25.0
35.8

1.7
1.6
1.5

80.2
80.7
81.4

105.4
105.7
106.6

13.5
14.0
14.5

199.2
200.4
202.4

OCT.
NOV.
DEC.

9.5
9.4
9.6

1.8
1.7
1.7

4.4
4.4
4.4

3.2
3.2
3.9

8.9
4.0
4.2

27.4
22.6
18.4

39.5
29.7
26.6

1.5
1.5
1.6

81.8
82.2
82.9

107.1
107.4
108.7

15.4
16.2
16.4

204.4
205.8
208.0

1988-JAN.
FEB.
MAR.

10.0
9.3
9.2

1.7
1.6
1.5

4.4
4.3
4.4

4.1
3.1
3.6

5.6
3.8
2.9

20.8
25.1
18.7

30.5
32.1
25.2

1.6
1.6
1.6

83.9
84.7
85.5

110.0
111.2
113.2

16.6
16.8
16.9 e

210.6
212.8
215.6 e

APR.

9.0

1.8

4.4

5.3

5.1

16.4

26.8

1.7

87.3

115.4

17.6 e

220.3 e

4
11
18
25

8.7
9.5
8.3
9.2

1.8
1.9
1.9
1.7

4.3
4.3
4.3
4.4

3.0
3.6
9.3
4.9

3.3
3.5
3.0
3.4

10.0
6.1
9.7
27.3

16.3
13.2
22.0
35.5

1.7
1.7
1.7
1.7

2
9
16
23p
30p

9.1
9.2
9.5
8.8
8.8

1.6
1.7
1.6
1.7
1.5

4.4
4.4
4.4
4.3
4.3

4.9
3.7
3.3
2.8
2.7

14.2
12.7
8.5
2.8
3.4

30.3
31.6
31.3
25.5
21.5

49.4
48.0
43.0
31.0
27.6

1.7
1.7
1.7
1.8
1.8

Meek ending
1988-APR.

MAY

e—indicates estimated data,
p—indicates preliminary data.