Full text of H.6 Money Stock Measures : October 12, 2000

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

FEDERAL RESERVE statistical release
H.6 (508)
Table 1

MONEY STOCK AND DEBT MEASURES

For release at 4:30 p.m. Eastern Time

Billions of dollars

October 12, 2000

Date

M22

M33

DEBT4

Seasonally adjusted
1998-Oct •
Nov.
Dec.

1084. 7
1093.7
1097. 4

4325.4
4 362. 4
4395.0

5887. 7
5945.0
5996. 7

16095.7
16190.5
16276.4

1999-Jan.
Feb.
Mar.
Apr.
May
June
Jul y
Aug.
Sep.
Oct.
Nov.
Dec.

1 096. 0
1094. 3
1101.4
1107. 2
1101. 7

4420.4
4 445. 8
4 461. 8
4488.8
4 511. 4
4529.7
4552.5
4570.2
4590.0
4607.1
4627.7
4656.2

6028. 5
6077.9
6087.7
6123.8
6156.5
6187.8
6 212. 2
6231.6
6259.7
6312.6
6393.4
6489.6

16353.7
1 64 3 6 . 4
16560. 8
1 6677. 1
16762. 8
16844.4
16917.6
17013.9
17121. 1
17204.8
17273.4
17377.2

4680.3
4692.3
4729.2
4770.8
4768.8
4783.8
4 797. 9
4826.9
4860.9

6534.8
6552.8
6626.1
6674.6
6694.9
6 736. 4
6784.1
6839.1
6884.9

17451.8
17508.3
17620.5
17719.4
17794.8
17877.2
17952.5
18032.6 p

2000-Jan.
Feb.
Mar.
Apr.
May
June
J uly
Aug.
Sep. p

1100.1
1099. 5
1098.7
1096.1
1101. 3
1109. 5
1122. 9
1118. 9
1104. 5
1110.4
1115.1
1 105. 0
1103. 4
1104. 4

1101.0
1094.9

Not seasonally adjusted
1998-Oct.
Nov.
Dec.

1077 .6
1098.2
1121.3

4309. 7
4365. 6
4420.2

5869.8
5955.2
6026.3

16043.8
16165.7
16271.3

1999-Jan.
Feb.
Mar.
Apr.
May
June
Jul y
Aug.
Sep.
Oct.
Nov.
Dec.

1103.9
1085.2
1097.4
1113.5
1096.3
1098. 2
1097 . 6
1093.5
1087.2
1095.3
1112.9
1147.4

4431.0
4441.2
4479.6
4 526. 7
4487.4
4514.0
4538.4
4560.4
4573.6
4592.4
4630.0
4684.5

6043. 0
6091.2
6115.6
6160.1
6137. 6
6168.2
6179.1
6 209. 7
6229.9
6292.0
6405.1
6524.6

16343.3
16419.0
16551.0
16646.8
16703.0
16781.6
16850.6
16953.9
17064.5
17153.2
17250.2
17372.6

2000-Jan.
Feb.
Mar.
Apr.
May
June
J uly
Aug.
Sep. p

1125.5
1096.0
1 10 7 . 2
1123.9
1098.8
1101.0
1103.2
1094.7
1087. 5

4690.8
4690.5
4750.2
4816.5
4740.7
4764.3
4782.2
4813.6
4846.8

6551.2
6572.5
6659.7
6718.6
6673.1
6712.9
6744.1
6811.2
6853.1

17446.2
17497.3
17613.9
17690.6
17733.8
17810.9
17880.6
17969.8 p

Footnotes appear on the following page
p preliminary
Components may not add to totals due to rounding.



H.6 (508)
Table 2

Pa9® 2

MONEY STOCK AND DEBT MEASURES
Percent change at seasonally adjusted annual rates
M2

M3

DEBT1

3 Months from June 2000 TO Sep.

2000

-3. 1

6.4

8.8

5.3

6 Months from Mar.

2000 TO Sep.

2000

-2.8

5.6

7.8

6.0

12 Months from Sep.

1999 TO Sep.

2000

-0. 1

5.9

10.0

6.0

-3.0

4.6

8.0

Thirteen weeks ending October 2 , 2000
from t hi rt ee n weeks en di n g:
July 3, 2000 (13 weeks previ ous)

1.

■

M1

Apr.

3,

2000

(26 weeks previ ous)

-2.0

5.4

8.0

Oct.

4,

1999

(52 weeks previ ous)

0.1

5.6

9.6

Growth, rates for debt are based on penoas Deginnmg ana enaing one montn earner than tor the monetary aggregates, namely, May 2000 to Auqust 2000 February 2000 to Auoust 2000
and August 1999 to August 2000, respectively.
y
y
’ reDruary ^uuu to August ^000,

Footnotes to Table 1:
1.

Consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) travelers checks of nnnhank ignore- /««
deposits at all commercial banks other than those due to depository institutions, the U.S. government, and foreiqn banks and official in<?t1tntionr tocc !f«h
process of collection and Federal Reserve float; and (4) oth£r checLble deposits (OCDs)9 consisting o fn e S X ^ o r d e r
(ATS) accounts at depository institutions, credit union share draft accounts and demand deposits at thrift institutions. Seasonally adjusted M l is calcu ated bv summinn
currency, travelers checks, demand deposits, and OCDs, each seasonally adjusted separately
calculated oy summing

2'

£ ° nSiSJ L ° plUSJ taV?ngS ^Posits (induding m,oney mar^®t deP°sit ^counts), small-denomination time deposits (time deposits-includinq retail R P s-in amounts of less
than $100,000), and balances in retail money market mutual funds. Excludes individual retirement account (IRA) and Keoqh balances at d e n n S ^ tlt,.t nn^nH m^nlw
market funds. Seasonally adjusted M2 is computed by summing savings deposits, small-denomination time deposits a n d r e ta H m o n e y ? u S ffic i
adjusted separately, and adding this result to seasonally adjusted M1.
Daiances, each seasonally
Consists of M2 plus large-denomination time deposits (in amounts of $100,000 or more), balances in institutional monevfnnri* r p iiahiiitiQ£>
j u
..
depository institutions, and Eurodollars (overnight and term) held by U.S. residents at foreign branchTo S
by a"
Kingdom and Canada. Excludes amounts held by depository institutions, the U.S. government, money funds, and foreign bankl and official
h

3.

4.

SSuK to seas^onaHy
deP° Si,S' inSti,Uti° na'
,Und ba,a"CeSl RP liabHitieS’ and Eurodolla^.
to n a lly
Debt: The debt aggregate is the outstanding credit market debt of the domestic nonfinancial sectors — the federal sector (U S Government not inrh.Hinn nnuammant
sponsored enterprises or federally related mortgage pools) and the nonfederal sectors (state and local governments households and nnnn’mf?*V,?nln^ Ji^
f
• ■
corporate and nonfarm noncorporate businesses, and farms). Nonfederal debt consists of mortgages, tax-exempt and corporate bonds c o n s u m ^
commercial paper, and other loans. The data, which are derived from the Federal Reserve Board’s flow of funds accounts are break ariifiQtpH »hl* iL hLo r ? •
data have been smoothed into the series) and month-averaged (that is, the data have been derived by averaging adjacent month-end levels)Th?D ^rtatton oTfhV d lht
data in this release differ, therefore, from the quarterly flow of funds statistics contained in the Federal Reserve releasesZ.7 and' Z1 In those r e l i ^ D u S i Z ? i ? w p 2 X
credit market debt are measured on a quarter-end basis and contain discontinuities.
releases, published levels of
Note: Current and historical H.6 data are available each week on the Federal Resen/e Board's web site (httDV/www federalrMPrvo nnu/i MAn,hi„
January 1959, and weekly data are available back to January 1975 for most series. For information aboit K S a i c S
2oL-482l986 ReSerVS B° ard (Ph° ne 202'452*3245' ,aX 202-728-5886). For paid electronic access to current and




tSSSSi

u, u

, .
t0

Page 3

H.6 (508)
Table 3

MONEY STOCK MEASURES
Billions of dollars
Seasonally adjusted
M1
Period ending

Sep.

Oct.

M3

13-week
average

4-week
average

week
average

13-week
average

4-week
average

week
average

13-week
average

4-week
average

1107.5
1106.4
1104. 8
1104.4

week
average

1 10 8 . 4
1106.9
1106.9
1102.4

1 10 0. 4
1 09 7. 4
1104.3
1 10 7. 4

4778.5
4780.4
4781. 6
4783. 9

4 790. 6
4792.6
4797.0
4 798. 5

4792.7
4798.3
4802.3
4800.5

6713.3
6722.2
6730.4
6739.3

6753. 7
6 765. 6
6778. 2
6786.6

6760.8
6 793. 1
6794.2
6798. 3

7
14
21
28

1104.0
1102. 9
1102. 6
1102. 8

1 09 9 . 4
1097.6
1097.8
1099. 1

1088.5
1090.3
1105.0
1112.6

4 788. 7
4792.1
4796.2
4 80 1 . 6

4804.2
4 80 7. 6
4 81 5. 0
4824.4

4815.8
4 811. 7
4831.9
4838.1

6750.2
6759.7
6771.3
6783.4

6801.3
6809.9
6823.4
6836.0

6819.5
6827.4
6848.3
6848.8

4
11
18
25p

1102.8
1102. 6
1101. 6
1100. 8

1103.5
1103.0
1099.4
1094.7

1 106. 1
1088.4
1090.3
1094. 1

4806. 7
4812.0
4 818. 0
4 824. 0

4831.9
4841.4
4850.5
4856.7

4845.8
4849.9
4868.0
4862.9

6795.0
6805.7
6817.6
6828 . 8

6846.8
6856.6
6869.5
6879.8

6862. 5
6 866. 6
6900.1
6890.1

2p

1099. 4

1 095. 1

1107.6

4830.4

4864.5

4877.0

6839.3

6889.5

6901.2

2000-J uly 10
17
24
31
Aug.

M2

Not seasonally adjusted
►-July 10
17
24
31
Aug.

Sep.

Oct.

1106.9
1104.3
1101.7
1101.0

1109.0
1107.1
1 10 6 . 1
1099.6

1 10 6 . 6
1092.1
1 0 9 3. 7
1 10 5 . 9

4769.7
4 76 4 . 4
4 76 0 . 8
4762.3

4768.0
4771.9
4780.9
4780.0

4 803. 6
4784. 7
4764.1
4767.5

6702.0
6701.8
6704.1
6710.4

6713.0
6722.0
6 737. 3
6 744. 6

7
14
21
28

1 10 0 . 8
1 09 9 . 9
1099. 8
1099. 9

1094.9
1093.0
1 09 3 . 6
1 09 2 . 8

1 08 8 . 0
1 08 4 . 3
1 09 6 . 0
1 10 2 . 8

4 768. 2
4773. 3
4779. 9
4785.6

4785.0
4792.6
4 80 5. 7
4814.3

4823.6
4815.0
4816.8
4801.8

6720.8
6730.9
6742.8
6753.5

6 759. 8
6775.5
6794.9
6811.2

6809.8
6816.4
6813. 2
6805.5

4
11
18
25p

1 09 9. 6
1 09 9. 0
1097.7
1096.3

1096.8
1096.7
1093.5
1087.7

1104.2
1083.6
1083.2
1079.8

4790.5
4 797. 3
4804.3
4810.3

4820.6
4834.5
4845.4
4846.4

4848.8
4870.6
4860.4
4805.7

6762.9
6773.3
6785.5
6796.1

6821.7
6836.4
6852.2
6853.9

6 851. 5
6 875. 4
6 876. 2
6 812. 3

2p

1 094. 0

1087.0

1101.2

4815.4

4843.6

4837.7

6805.7

6849.9

6835.5

Note: Special caution should be taken in interpreting week-to-week changes in money supply data, which are highljTvolatile and subject to revision
p preliminary data.
Components may not add to totals due to rounding.




*

6749. 3
6753.5
6 735. 5
6 740. 2

Page 4

H.6 (508)
Table 4

SEASONALLY ADJUSTED COMPONENTS OF M1
Billions of dollars

Date

Currency1

Travelers checks2

Other checkable deposits

Demand deposits3
At commercial banks4

480.0
483.5

8.3
8.8

365.9
360.6

142.3
1 42.1

105.2
105.1

2 47.5
2 47.2

July
Aug.
Sep.

487.3
491.2
495.3

9.1
8.9
8.7

360.1
356 .5
351.3

138.1
1 37 . 0
136.5

1 04.9
105.0
104.3

243.0
242.0
240.8

Oct.
Nov.
Dec.

499.3
504 .2
515.5

8.4
8.2
8.3

353.3
355 .9
355 .2

136.3
137.6
141.3

103.9
103.6
1 02.7

240.3
241.2
244.0

2000-Jan.
Feb.
Mar.

523.8
517.2
515.4

8.2
8.1
8.2

343 .8
338 .2
343.2

141.6
137.5
137.1

101.4
103.6
1 06.5

243.1
241.1
243.6

Apr.
May
June

516.5
518.5
520.8

8.2
8.3
8.8

342.2
335.3
331.9

140.1
135.7
134.3

108.1
107.2
107.6

248.2
242.9
241.9

July
Aug.
Sep. p

522.3
523.0
523.9

9.3
9.2
8.8

332.8
3 28 . 1
323 .8

132.2
133.1
1 31 . 5

107.8
107.5
106.8

240.0
240.6
238.3

7
14
21
28

522.0
5 22.9
523.8
523.8

9.3
9.3
9.2
9.1

318.9
320.8
330.5
336.8

129.4
130.5
134.3
136.2

108.9
106.9
107.2
106.7

238.3
237.4
241.5
242.9

4
11
18
25p

522.3
524 .0
523.7
524.4

9.1
9.0
8.8
8.7

e
e
e

331.3
317.5
320.5
323.7

134.1
129.8
130.9
132.3

109.3
108.1
106.4
104.9

243.4
237.8
237.3
237.3

2p

524.9

8.6

e

334.8

132.9

106.5

239.4

Sep.

Oct.

2.
3.
4.
5.

Total

1999-May
June

Week endina
2000-Aug.

1.

At thrift
ms uiu nuns

Treasury
Federal
Reserve Ranks and the»
\/9llltc
nf
Honncitnru
inMU.
Currencv
outside
US
J —
U
.w T
M
U
IIU V
Iv
iu
p
w
o
n
u
iy lliomuuuild.

Outstanding amount of U.S. dollar-denominated travelers checks of nonbank issuers. Travelers checks issued bv depository institutions aro
in
^
•*
Demand deposits at commercial banks and foreign-related institutions other than those due to depository institutions the U S
t n H hl 7
f'
institutions, less cash items in the process of collection and Federal Reserve float.
w i n e r y msmuiions, the U.S. government and foreign banks and official
Consists of NOW and ATS balances at commercial banks, U.S. branches and agencies of foreign banks and Edae Act comnmtinn*
Consists of NOW and ATS balances at thrifts, credit union share draft balances and demand deposits at thrifts
corporations.

e
estimated
p
preliminary
Components may not add to totals due to rounding.



•

■*.

*

*

^

Page 5

H.6 (508)
Table 5

SEASONALLY ADJUSTED COMPONENTS OF NON-M1 M2
Billions of dollars

Savings deposits1
Date

At commercial
banks

At thrift
institutions

Small-denomination time deposits2
Total

At commercial
banks

At thrift
institutions

Total

Retail
money
funds

Total
Non-M1 M2

1 99 9 -May
June

1242.4
1252.2

442.0
447.7

1 68 4. 4
1 69 9 . 9

616.1
616.4

317.7
315.0

933.8
9 31.4

791.5
798.3

3409.7
3429.6

J uly
Aug.
Sep.

1264.3
1274.0
1 285. 7

453 .7
455.6
455.7

1718.1
1 72 9. 6
174 1. 4

6 17 . 3
618.9
622.1

3 14 . 2
314.5
315.5

931.5
933.4
937.6

803.5
808.5
814.8

3453.1
3 471. 5
3493.9

Oct.
Dec.

1289. 7
1289.0
1 285. 7

453.4
4 51 . 7
448.7

1743.1
1 7 4 0. 8
1 73 4 . 4

625.6
630.3
634 .7

316.7
318.9
320.6

942.3
949.2
955.2

820.4
828.3
843.7

3505.8
3518.2
3533.3

20 0 0-J a n .
Feb.
Ma r .

1288.3
1302.0
1309.1

447.1
449.3
451.8

1 73 5 . 4
1751.3
1760.8

639.1
644.8
650.5

3 23 . 2
324.4
325.8

962.3
969.3
976.3

863.7
867 .2
881.6

3561.4
3587.7
3618.8

Apr.
May
June

1325.3
1 32 2. 7
1330.7

448.9
453.2
452.5

1774.3
1775.8
1783.2

659.6
665.6
675.3

325.4
327.3
329.8

985.0
992.9
1005.0

896 .5
895.1
892.2

3655.7
3663.9
3680.4

J uly
Aug.
Sep. p

1341.9
1358.1
1383.3

452.3
454.8
456.1

1794.2
1812.9
1 83 9 . 4

679.9
685.1
687 .3

333 . 1
337.6
340.3

1013.1
1022.7
1 02 7. 6

886.3
890.3
899 .0

3693.5
3725.9
3766.0

7
14
21
28

1364.9
1359.0
1357.1
1351.8

453.8
453.4
454.9
456.3

1818.7
1 81 2 . 4
1812.0
1808.0

683.0
684 .6
685.8
686.5

3 35 . 9
337 .2
338.1
338.7

1018.9
1021.8
1023.8
1025.2

889.6
887 .2
891.1
892 . 3

3727.2
3721.4
3726.9
3725.6

4
11
18
25p

1368.0
1 385. 3
1391.4
1381.3

453.2
451.9
456.6
461.1

1821.2
1837 .2
1848.0
1842.5

6 86.8
686.9
687.1
687 .8

3 39 . 4
339.8
3 40 . 2
3 40 . 6

1026.2
1026.8
1027.3
1 028. 4

892.3
897.6
9 02.4
897.9

3739.7
3761.6
3777.7
3768.8

2p

1 37 9. 0

458.4

1 83 7 . 4

687.6

341.5

1029.1

903.0

3769.4

Nov.

Week endina
2000-Aug.

Sep.

Oct.

1.

Savinas deoosits include monev market deDosit accounts.

2.

Small-denomination time deposits-including retail R Ps-are those issued in amounts of less than $100,000. All IRA and Keoah account haianroc at
thrifts are subtracted from small time deposits.
’
ana * eogn account balances at commercial banks and

p
preliminary
Components may not add to totals due to rounding.



Page 6

H.6 (508)
Table 6

SEASONALLY ADJUSTED COMPONENTS OF NON-M2 M3 AND DEBT
Billions of dollars

Institutional
money funds

Date

Large-denomination time deposits1
RPs3
At commercial
banks2

At thrift
institutions

Total

P
11rrtrlnllor^4
eurodollars^

Total
Non-M2 M3

Debt components5
Federal

Non-Federal

1999-May
June

551.9
555 .6

537 .2
535 .9

88.6
88.9

625.8
624.8

305.0
312.8

162.3
164.8

1645.1
1658.1

3702.4
3704.4

13060. 4
13140.0

July
Aug.
Sep.

557.3
565 .2
568.6

537.5
533 .8
539.8

88.8
89. 6
89.6

626.3
623.4
62 9 . 4

313.2
314.7
315.9

163.0
158.0
155.8

1659.7
1661.3
1669.7

3709.8
3713.8
3701. 9

13207. 7
1 33 00. 1
13419. 3

Oct.
Nov.
Dec.

579.6
594 .4
610.1

563 .4
588.6
614.1

89.5
91.0
9 1. 5

652.9
679.6
705.5

317.7
327.9
344 .2

155.2
163.9
1 73 . 5

1705.5
1765. 8
1833. 4

3683. 8
3659. 0
3660. 2

13521. 0
13614.4
13717. 0

2000-Jan.
Feb.
Mar.

626.3
620.3
643.5

618.1
619.4
626.4

94.3
94.9
95.0

712.4
714.3
721.4

339 .8
354.3
351.1

1 76 . 0
1 71 . 6
180.9

1854. 5
1860. 5
1 896. 9

3645.7
3608.0
3 61 6 . 4

1 38 06. 1
13900. 3
14004.1

Apr.
May
June

6 42 . 7
6 51.8
6 60 . 2

644 .8
645.7
656 .0

94.6
93.6
95.5

7 39 . 4
739.3
751.4

348.5
358 . 1
3 66 . 7

173.2
176.8
174.2

1903.8
1926.1
1952.6

3600.2
3546.0
3521.2

1 4119. 2
1 42 4 8 . 7
1 43 5 5 . 9

J uly
Aug.
Sep. p

688.7
704.9
724.1

661.3
671.4
660.1

97.6
99.8
100.7

758.9
771.2
760.8

368.5
3 63 . 3
363 .0

170.2
172.8
1 76.2

1986.1
2012.2
2024.1

3 510. 2
3 488. 9 p

1 4442. 3
14543.8 p

670.7
674.8
675.6

98.4
99.8
100.8

28

697.6
702.5
704.2
711.8

666.6

100.3

769.1
774.6
776.4
766.8

366.2
366.8
3 61 . 8
357 .8

170.9
171.8
174.0
174.2

2 00 3. 8
2015.7
2 016. 4
2 010. 7

4
11
18
2 5p

713.1
717.8
730.5
728.5

666.0
660.2
659.1
659 .5

99.9
1 00.5
1 00 . 7

765.9
760.7
760.3
760.3

364 .4
364 .2
365.7
360 .7

173.3
174.0
175.5
177.8

2016.7
2016.7
2 03 2. 2
2027.3

2p

726.4

657.0

101.1

758.1

359 .5

180.1

2024.2

Week ending
2000-Aug.

7
14

21

Sep.

Oct.

101.2

1.

Large-denomination time deposits are those issued in amounts of $100,000 or more, excluding those booked at international bankinn

2'

o K i S E T ' ' " ™ deP0S"S “ COn,merCial bankS teSS ,h0Se held by m° " ey ™ rkel

'“"<*•

------ “---------------------------and foreign bank, an«

u y,,udnss
h
excluding those held by depository institutions and by money funds.
y
banking offices ^in the United
Kingdom
and Canada,
Debt data are on a monthly average basis, derived by averaging adjacent end-of-month levels, and have been adjusted to remove discontinuities,

p preliminary
Components may not add to totals due to rounding.




p

#

*

w

•

#

#

•

•

%

%

%
Page 7

H.6 (508)
Table 7

NOT SEASONALLY ADJUSTED COMPONENTS OF M1
Billions of dollars
Date

Currency1

Travelers checks2

Other checkable deposits

Demand deposits3
At commercial banks4

2.
3.
4.
5.

Total

479.7
483 .0

8. 3
8. 6

361.5
359 .3

141.9
142.2

104.9
105.2

246.8
247.4

J uly
Aug.
Sep.

487.7
490.2
493.3

8.7
8.6
8.5

359 .9
355 .2
347 .2

136.8
135.6
135.2

104.4
103.9
103.0

241.2
239.5
238.2

Oct.
Nov.
Dec.

498.3
505.1
521.2

8. 4
8. 3
8. 4

350 .7
359.2
371.2

134.9
136.9
142.3

102.8
103.4
104.3

237 .8
240.3
246.7

2000-J a n .
Feb.
Mar.

5 22.6
516.2
515.6

8. 4
8. 3
8. 3

348.4
3 31 . 8
338 .7

143.8
137.3
137.7

102.3
102.5
106.9

246.1
2 39.8
244.6

Apr.
May
June

516.9
518.1
5 20 . 3

8. 3
8. 4
8. 7

344.8
330.1
3 30 . 0

142.9
135.5
134.4

110.9
106.7
107 .7

253 .9
242.2
242.1

Jul y
Aug.
Sep. P

5 22 . 4
5 21 . 7
522.4

8. 9
8. 9
8. 7

333 .6
326 .1
3 20 . 7

1 30 . 9
131.8
130.2

107.4
106.3
105.6

238.3
238.0
235 .7

14
21
28

523.7
5 22.5
521.6
520.2

8.
8.
8.
8.

9
9
9
9

3 17 . 8
3 19 . 2
328.1
3 33 . 9

128.3
128.3
132.3
135.3

109.2
105.4
105.1
104.5

237.5
233.7
237.4
239.8

S ep.

4
11
18
25p

523.5
523.1
521.6
520.9

8.
8.
8.
8.

9
8 e
7 e
6 e

329.5
3 15 . 8
318.4
317.1

133.2
128.3
129.6
131.2

109.0
107.5
104.9
102.0

242.2
235.9
234 .5
233.3

Oct.

2p

521.5

8. 5 e

333.1

1 32.1

106.0

238.1

Week endina
2000-Aug.

1

At thrift
institutions5

1999-May
June

7

n.trrrmm

sm ifi'irln

11 C *1r m

i

ITnWrtKn1 D ai

Outstanding amount of U.S. dollar-denominated travelers checks of nonbank issuers. Travelers checks issued by depository institutions are included in dPmanH Hpnncitc
Demand deposits at commercial banks and foreign-related institutions other than those due to depository institutions, the U S. government and foreign banks and X c S f ‘
institutions, less cash items in the process of collection and Federal Reserve float.
»wiciyn ucum& dnu oniciai
Consists of NOW and ATS balances at commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations
Consists of NOW and ATS balances at thrifts, credit union share draft balances, and demand deposits at*thrifts.

e
estimated
p
preliminary
Components may not add to totals due to rounding.



H.6 (508)
Table 8

Page 8

NOT SEASONALLY ADJUSTED COMPONENTS OF NON-M1 M2
Billions of dollars

Savings deposits1
Date

1.
2‘

At commercial
banks

At thrift
institutions

Small-denomination time deposits2
Total

At commercial
banks

At thrift
institutions

Total

Retail
money
funds

Total
Non-M1 M2

1999-May
June

1238.8
1253.4

440.7
448 .1

1679.5
1701.6

614.3
613.3

316.8
3 13 . 4

931.1
926.7

780,
787.

3391.0
3415. 8

J uly
Aug.
Sep.

1265.7
1272.5
1282.0

454 .2
455 .1
454.4

1719.9
1727.6
1736.4

615.5
617.3
621.5

31 3 . 2
3 13 . 7
315.2

928.7
931.0
936.7

792.
808.
813.

3 440. 8
3 46 6 . 9
3486.4

Oct.
Nov.
Dec.

1285. 1
1288.6
1288.5

451.8
451.6
449.7

1736.8
1740.2
1738. 2

626.7
631.9
635 .5

31 7 . 2
31 9 . 6
321.0

943.9
951.5
956.5

816.4
825.3
842.4

3497.1
3517.1
3537.0

2000-J a n .
Feb.
Mar.

1286. 5
1294. 6
1311.8

446.5
446.7
452.7

1 733. 0
1 74 1 . 3
1764.5

6 40 . 7
647.4
652.5

324.0
325.7
326.8

964.8
973.1
979.3

867.5
880.0
899.2

3 565. 3
3 594. 5
3643.0

Apr.
May
June

1341.6
1 317. 9
1331. 6

454 .5
451.5
452.8

1796,
1769,
1784,

660.3
663.3
671.1

32 5 . 7
326.2
327.7

986,
989.
998.

910.
883.
880.

3692.6
3641.8
3663. 3

J uly
Aug.
Sep. p

1343.7
1355.7
1380.3

452.9
454 .0
455.1

1 796. 6
1809. 8
1835.4

677.6
683.1

332.0
336.6
34 0 . 0

1009.
1019.
1 026. 6

872.
889.
897.

3678.9
3718.8
375 9. 3

341.6

1029.5

894.4

3 73 6. 5

686.6

Savings deposits include money market deposit accounts.
Smf-denomination time deposits-including retail RPs—are those issued in amounts of less than $100 000 All IRA and K*nnh =>__ . u ,
thrifts are subtracted from small time deposits.
A and Ke°gh account balances at commercial banks and

p preliminary
Components may not add to totals due to rounding.

http://fraser.stlouisfed.org/
%
Federal Reserve
Bank of St. %
Louis

%

%

•

•

• ____________# ____________#

'’

» __________ #

Page 9

H.6 (508)
Table 9

NOT SEASONALLY ADJUSTED COMPONENTS OF NON-M2 M3 AND DEBT
Billions of dollars

Institutional
money funds

Date

3.
4.
5.

RPs3
Eurodollars4

At commercial
banks2

At thrift
institutions

Total

At commercial

At thrift

Total

Total
Non-M2 M3

Debt components5
Federal

Non-Federal

1650.2
1654.1

3 67 4. 2
366 2. 8

1 30 28 . 8
131 18 . 8

160.9
156.9 .
154.4

1640.8
1 649. 3
1656. 3

365 2 . 2
3 6 6 5. 8
3 65 5. 8

1 31 98 . 4
13288.1
1 3 4 08 . 7

315.0
330.5
339.4

153.8
164.1
175.6

1699.6
1775.1
1840.1

3635. 5
364 1. 7
3663.1

1 35 1 7 . 6
1 3 6 08 . 5
1 37 09 . 5

65.9
64.1
61.6

340.0
356 .3
353.9

177.2
173.0
180.8

1860.4
1882.0
1909.6

3639.0
3 60 5. 4
3 63 3 . 6

1 38 0 7 . 2
1 38 9 1 . 8
1 39 8 0 . 2

286.1
3 00.3
3 05.8

61.0
62.2
6 2. 0

347.1
362.4
3 67 . 9

173.1
178.3
174.5

1902.1
1932.4
1 94 8. 5

3 59 7 . 2
3 51 4 . 0
3 4 7 5. 5

1 40 93 . 4
1 42 1 9 . 8
143 35 . 4

759 .6
769.1
764 .2

303.0
298.3
2 97 . 7

62.7
64.6
64.2

365 .7
363.0
361.9

168.2
171.8
174.6

1962.0
1997.6
2006.4

3 44 8. 3
3 43 7 . 7 p

1 44 32 . 3
14532.1 p

9 8. 5
99.5
1 00. 0
99.9

7 70 . 1
772.2
770.5
764 .3

301.3
302.6
294.4
293.8

64.2
65.1
64.9
64.8

365.5
367.7
359.3
358.6

168.7
169.1
172.6
176.7

1986.2
2001.4
1996.4
2003.7

666.9
6 61.6
661.3
664 .4

100.0
100.8
1 01.5
1 01.5

766.9
762.4
762.8
765.9

301.1
300.9
301.5
294.1

63.8
63.9
64.7
64.4

364.9
364.8
366.2
3 58 . 6

172.4
172.8
173.3
176.5

2002.7
2004.8
2015.7
2006.6

662.2

101.9

764.0

290.5

63.8

354.2

178.4

1997.8

1999-May
June

547.2
549.4

540.9
537.0

89.3
89.1

6 30. 2
626 . 2

250.9
254.0

58.1
59.9

309.0
313.9

163.9
164.7

J uly
Aug.
Sep.

541.7
556 .4
554 .9

538.2
532.4
542.1

88. 9
89.4
89.9

627. 0
621. 8
632. 0

248.8
250.3
248.7

62. 3
63.9
66.3

311.2
314.3
315.0

Oct.
Nov.
Dec.

5 72 . 8
597 .4
621.7

567 .8
591.6
612.2

90.2
9 1. 5
91.2

658 . 0
683.1
703 .4

248.8
2 65.0
274.7

66.2
65.5
64.7

2000-J a n .
Feb.
Mar .

641.1
643.5
653 .3

609.2
615.0
626.6

92.9
94.2
95.0

702.1
709.2
7 21 . 6

274.2
292.3
292.3

Apr.
May
June

642 .8
647 . 1
652.9

644 .5
6 50.3
657.6

94.6
9 4. 3
9 5. 7

7 39 . 1
744.6
753.2

J uly
Aug.
Sep. p

668.5
693 .6
705 .6

662.0
669.6
663 .0

97.7
99.5
101.2

7
14
21
28

681.8
692.4
694 . 1
704.1

6 71.6
672.6
670.5
664 .4

Sep.

4
11
18
2 5p

6 98.5
704.8
713.4
7 05.7

Oct.

2p

701.2

Week endincr
2 0 0 0 -Aug.

1.

Large-denomination time deposits1

Larae-denomination time deposits are those issued in amounts of $100 OOf)

n r mnro ov/^lnHinn tkncA

Official institutions
K
"C,U "'U"ey marKei mUtUa' ,Unas’ dePos,torV institutions, U.S. government, and foreign banks anc
Overnight and term RPs of $100,000 or more issued by depository institutions, excluding those held by depository institutions and hv m«n0„ f„„H.
Overnight and term Eurodollars issued to U.S. addressees by foreign branches of U.S. banks worldwide and bv all bankinn
in
^
excluding those held by depository institutions and by money funds
Dy a" bankln9 offlces in the United Kingdom and Canada,
Debt data are on a monthly average basis, derived by averaging adjacent end-of-month levels, and have been adjusted to remove discontinuities.

p preliminary
Components may not add to totals due to rounding.




Page 10

H.6 (508)
Table 10

MEMORANDUM ITEMS
Billions of dollars, not seasonally adjusted
Demand deposits
at banks due to
Date

Foreign
commercial
banks

Foreign
official
institutions

Time and
savings
deposits
due to
foreign
banks and
official
institutions

U.S. government deposits
Demand
deposits at
commercial
banks

Balance
at
Federal
Reserve

Note
balances at
depository
institutions1

Total
cash
balance

IRA and Keogh Accounts
Time and
. savings
deposits at
commercial
banks

At
commercial
banks

At
thrift
institutions

At
money
market
funds

Total

1999-May
June

8.5
8. 3

1.6
1.6

18.6
18.1

1. 4
2.6

5. 4
5. 9

28.4
24.0

35. 3
32, 5

4.0
4.0

15 1 . 3
151.1

9 6. 3
96. 3

125 . 2
126.3

3 72 . 9
3 73 . 7

July
Aug.
Sep.

8. 2
8.2
8. 2

1. 6
1. 4
1. 3

1 8. 7
20.7
22.6

1.3
1. 3
2.5

5.2
5.1
6. 4

27.2
9.2
29.3

33. 7
15.5
38. 2

4.1
4.3
4.5

1 50 . 8
1 50 . 7
150.6

9 6. 2
9 6. 0
9 5. 8

128.5
131.9
1 35 . 4

375 . 5
378.6
3 81 . 7

Oct.
Nov.
Dec.

8.5
9.1
9. 7

1.3
1.4
1. 4

24.8
27.4
3 0. 1

1. 4
1.2
1.4

5.2
5.1
8. 3

28.6
8.0
39.0

35. 2
14. 3
48. 7

4.7
5.0
5. 3

150.1
1 49 . 3
148.5

95.6
9 5. 3
9 5. 1

137.9
139 . 4
1 40 . 9

3 83 . 5
384.0
3 84 . 5

•Jan.
Feb.
Ma r .

9. 7
9. 3
8. 8

1. 4
1. 3
1.2

30.6
2 9. 2
2 7. 9

2.8
1.2
1. 3

8.1
5. 3
5. 3

5 2. 5
24.3
14.1

63. 5
30. 8
20. 8

5. 4
5.4
5. 5

148.0
148.0
147.9

94.6
93 . 8
93.0

1 42 . 6 e
1 44 . 2 9
1 45 . 9 9

3 85 . 2
3 86 . 0
3 86 . 8

Apr.
May
June

8. 7
9.1
9. 4

1.2
1.2
1. 3

27.7
28.6
29.5

5.0
1. 5
2.3

8. 4
7.1
6. 2

40.0
5 7. 5
37.0

53. 3
66. 0
45. 6

5.5
5. 6
5. 7

1 48 . 7
150.2
1 51 . 7

92.6
92.5
92.5

1 47 . 0 e
147.5 e
1 48 . 1 e

3 88 . 2
3 90 . 2
392.2

J uly
Aug.
Sep. p

9.5 e
9.5 e
9.5 e

1.3 e
1.3 e
1.3 e

3 0. 0 e
3 0. 0 e
30.0 e

1.2
1.1
2.5

5. 2
5. 0
6.7

3 7. 4
9.5
22.0

43. 8
15.7
31. 1

5. 7 e
5.7 e
5. 7 9

1 52 . 8 e
153.4 9
1 54 . 1 e

92.4 e
92.2 e
92.1 e

148.8 e
149.9 e
150.9 e

394.0 e
395.5 e
397.0 e

1.1

8.6

5. 4
1 1. 3
11.1

14.4
11. 9
17. 3
17.4

Week ending
2 0 0 0 -Aug.

7
14
28

1.3
1.0

4.7
5. 3
4. 7
5. 3

11
18
2 5p

1.1
1. 7
4.4
3.0

5. 9
4.4
7.9
7.3

6.0
3.4
1 3. 9
44.1

13.0
9.5
26. 2
54. 4

2p

1. 3

7.5

4 2. 0

50. 9

21

Sep.

Oct.

1. Source: Daily Treasury statement,
e estimated
p preliminary
Components may not add to totals due to rounding.




1.2