Full text of U.S. Financial Data : April 9, 1987
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
research library Fetter^ of Bank I&fLl nancial Data APR 13 1987 April 9, 1987 THE WEEK'S HIGHLIGHTS: is Ml fell $2 billion in the week ending March 30. Ml has grown at an annual rate of 4.7 percent in the past three months, down substantially from the 19.1 percent rate of the prior nine months (see page 3). s The Ml multiplier (Ml divided by the adjusted monetary base) has been lower in 1987 than at year-end 1986 (see page 4). This decline reverses the pattern of a rising multiplier throughout last year. is* Business loans at large commercial banks have been near $280 billion in each of the past four weeks. Earlier in the year, such loans fell sharply from a peak at year-end (see page 11). ts Total civilian employment dropped 14 million in March, a decline at an annual rate of 0.2 percent. Over the prior three months, total employment had risen at a 3.5 percent rate. is Payroll employment rose at a 1.9 percent annual rate in March, compared with a growth rate of 3.2 percent in the prior three months. s The unemployment rate declined from 6.7 percent in February to 6.6 percent in March. HllUtVl KKSKKVK llANKof ST.UH'LS views expressed do not necessarily reflect official positions of the Federal Reserve system. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2 ADJUSTED MONETARY BASE AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED BY THIS BANK BILLIONS OF DOLLARS 268 ---------------------1-------- __ JAN. _ FEB. 28 11 MAR. II BILLIONS OF DOLLARS 259.9 259.4 259.3 261.0 260.0 261.2 llLlll « >• FEB MAR APR MAY JUN 2 16 30 15 27 10 24 JUL 1986 AUG SEP 6 22 OCT 5 10 3 17 31 NOV DEC 14 28 II JAN 25 II FEB MAR LATEST PLOTTED RESERVE MAINTENANCE PERIOD ENDING, APRIL 8, 1987 SOURCE'OFJHE"ADJUSTED MONETARY BASE irFEDERAL^IieRw"0RED??!,tNiATAT>lRECC0MpS?ED SETHIS THE MAJOR BAM(. A DETAILED DESCRIPTION OF THE ADJUSTED MONETARY BASE IS AVAILABLE FROM THIS IaNK. RECENT DATA ARE PRELIMINARY. ADJUSTED MONETARY BASE COMPOUNDED ANNUAL RATES OF CHANGE, 4/9/86 AVERAGE OF TWO MAINTENANCE PERIODS1 ENDING;f 7/2/86 9/10/86 10/8/86 11/5/86 12/3/86 1/14/87 2/11/87 TO THE AVERAGE OF TWO MAINTENANCE PERIODS ENDING: 9/10/86 10/ 8/86 11/ 5/86 12/ 3/86 1/14/87 2/11/87 3/11/87 4/ 8/87 8.8 7.6 8.6 8.9 9.5 9.9 9.2 8.7 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7.7 9.3 9.6 10.4 10.7 9.8 9.0 8. 1 9.0 10.5 11.0 9.6 8.6 12.9 13. 1 13.2 11.2 9.7 12.4 12.7 10.3 8.8 13.4 10.2 8.3 7.8 5.9 2.3 PREPARED BY FEDERAL RESERVE BANK OF 8T. LOUIS MONEY STOCK ( Ml ) AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED BILLIONS OF DOLLARS BILLIONS OF DOLLARS BllUfittS _ 738.8 738.3 730.3 740.1 740.9 738.9 FEB. Mil 3 17 3 17 31 1 14 28 12 APR MAY JUL 15 20 IS 27 OCT AUG LATEST DATA PLOTTED WEEK ENDING: MARCH 30, 10 24 NOV 8 22 5 10 2 JAN FEB 10 2 18 SO IS 27 1987 CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.6 RELEASE. Ml IS THE SUM OF CURRENCY HELD BY THE NONBANK PUBLIC, DEMAND DEPOSITS, OTHER CHECKABLE DEPOSITS AND TRAVELERS CHECKS. MONEY STOCK (Ml ) COMPOUNDED ANNUAL RATES OF CHANGE 3/31/86 8/30/86 18.0 16.8 16.6 17.2 19. 1 17.2 16.3 15.4 16.0 15.9 17.0 19.9 17.0 15.8 14.6 9/1/86 AVERAGE OF FOUR WEEKS ENDING: 9/29/86 10/27/86 12/1/86 12/29/86 2/2/87 TO THE AVERAGE OF FOUR WEEKS ENDING: 9/ 1/86 9/29/86 10/27/86 12/ 1/86 12/29/86 2/ 2/87 3/ 2/87 3/30/87 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12.9 15.9 20.6 16.4 14.9 13.5 18.4 24.0 17.8 15.7 14.0 27.9 18.4 15.8 13.7 17.1 13.9 11.7 4.8 4.7 5.8 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 3 4 MONEY MULTIPLIER^/ CURRENCY COMPONENT OF MONEY STOCK 2/ AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED RATIO 3.0 —1------------1---------- 1— 1967 JAN. 12 26 9 23 9 23 _ FEB. MA R. RATIO 3.0 RATIO 2.873 2.814 2.838 2.84 6 2.83 1 2.84 9 2.9 Ml ML LTIPLI ■R 2.8 2.7 2.6 !i 11 1! 1.1 111 111 llll 1 1 1 111 -1.1! 1 111 111 -U 1 1 MAR APR MAY JUN JUL AUG SEP OCT NOV FEB DEC _LLL -LLL .11 1 1 JAN 9 29 FEB 1086 MAR 1087 APR LATEST DATA PLOTTED TWO WEEKS ENDING: MARCH 23, 1987 BILLIONS OF DOLLARS 192 ---------- 1------------- ,------ BILLIONS OF DOLLARS _ COMPOUNDED ANNUAL RATES OF CHANGE. AVERAGE OF “ THE FOUR *fEEKS ENDING —MARCH 30, 1987 FROM _ THE FOUR WEEKS ENDING: _ 1987 1986 6.5 10.2 DEC. FEB. DEC. 1, 1986 29) V* 1986 1986 9.5 9-1 JUN. 30, SEP. — SSI* 2, 29, CURRENCY 1986 ISfil BILLIONS 187.9 188. 1 ■LI 1 I I I 1 1 I I | | | | | | FEB MAR APR MAY JUN JUL AUG I IS W 13 It 10 2. SEP OCT NOV 8 22 I II JAN III FEB 2 IS SO IS 2’ 1966 LATEST DATA PLOTTED WEEK ENDINGi MARCH 30, I9»7 1/ RATIO OF MONEY STOCK (Ml I TO ADJUSTED MONETARY BASE 2/ CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS’ H.8 RELEASE. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis PREPARED BY FEDERAL RESERVE SAW OF ST. LOUIS TOTAL CHECKABLE DEPOSITS AVERAGES OF DAILY FIGURES BILLIONS OF DOLLARS SEASONALLY ADJUSTED BILLIONS of dollars BILLIONS _ FEB 544.6 543.9 545.4 546.0 544.4 APR MAY JUL 1986 AUG OCT NOV JAN FEB 1987 LATEST DATA PLOTTED WEEK ENDING: MARCH 30, 1987 TOTAL CHECKABLE DEPOSITS IS THE SUM OF DEMAND DEPOSITS AND OTHER CHECKABLE DEPOSITS AT ALL DEPOSITORY INSTITUTIONS. TOTAL CHECKABLE DEPOSITS COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING: 3/31/86 6/30/86 22.3 20.7 20.3 21.1 23.9 20.7 19.4 18.2 19.3 19.0 20.5 24.8 20. 1 IB.4 16.9 9/1/86 9/29/86 10/27/86 12/1/86 12/29/86 2/2/87 TO THE AVERAGE OF FOUR WEEKS ENDING: 9/ 1/86 9/29/86 10/27/86 12/ 1/86 12/29/86 2/ 2/87 3/ 2/87 3/30/87 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 15. 1 19. 1 25.9 19. 1 17.0 15.3 22.2 30.4 20.7 17.9 15.7 36.4 21.5 17.8 15.3 19.2 15.0 12.4 1.8 2.7 5.3 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 5 6 YIELDS ON SELECTED SECUR TIES AVERAGES OF DAILY RATES PERCENT PERCENT —i 11.0 CORP( MUNICIPAL 1987 FEB. 6 13 20 27 MAR. 6 13 20 27 APR. 3 10 * 17 24 90 DAY CD'S 30-DAY COMMERCIAL PAPER 90-DAY BANKERS*** ACCEPTANCES CORPORATE Aaa BONDS CORPORATE Baa BONDS MUNICIPAL BONDS *» 5.97 6. 13 6.21 6. 1 1 6.10 6. 15 6. 16 6.22 6.30 6.25 6.01 6.20 6.20 6.08 6. 12 6.20 6.21 6.29 6.30 6.20 5.88 6.07 6.07 6.03 5.98 6.08 6. 10 6. 18 6.21 6.17 8.38 8.39 8.40 8.36 8.34 8.36 8.36 8.36 8.50 8.53 9.65 9.66 9.67 9.64 9.60 9.61 9.58 9.62 9.72 9.73 6.57 6.67 6.62 6.59 6.54 6.81 6.68 6.79 6.93 N. A. * AVERAGES OF RATES AVAILABLE wvtKNOKS H.15 RELEASE ** BONO BUYER'S AVERAGE INDEX OF 20 MUNICIPAL BONDS. THURSDAY DATA N.A. - NOT AVAILABLE http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS SELECTED INTEREST RATES AVERAGES OF DAILY RATES PERCENT II.0 r— PERCENT —1 11.0 TREASURY IRITIES DISCOUNT RATE FEB r 2! 4 IS MAR APR 2 IS 90 IS 27 II 29 MAY JUN JUL S 22 AUG 5 10 SEP 3OCT 17 31 NOV 14 20 DEC 12 20 JAN 0 23 0 20 FEB 1986 0 20 MAR LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENDINGt APRIL 10, FEDERAL FUNDS** FEB. MAR. APR. 6 13 20 27 6 13 20 27 3 to K 6.22 6.14 6.21 5.95 6.06 6.12 6.08 6.14 6.21 6. 13 17 24 3 17 APR 1987 1987. 3-MONTH TREASURY BILL 6-MONTH TREASURY BILL *** 1-YEAR TREASURY BILL 5-YEAR TREASURY SECURITIES LONG-TERM TREASURY SECURITIES 5.62 5.75 5.55 5.45 5.54 5.66 5.55 5.60 5.56 5.49 5.59 5.69 5.70 5.41 5.51 5.59 5.58 5.55 5.80 5.63 5.59 5.71 5.64 5.57 5.61 5.72 5.64 5.71 5.81 5.76 6.74 6.88 6.81 6.74 6.71 6.77 6.76 6.83 7.09 7. 10 7.70 7.77 7.73 7.63 7.58 7.63 7.61 7.67 7.94 7.95 NOTE* CURRENT<DATA .APPEAR,IN THE BOARD OF GOVERNORS" H.15 RELEASE EXCLUDING LONG-TERM TREASURY * AVERAGES^OFMaTE^aS!ILABLE0*^ ' E° BY TH'S BAh*’ TREASURY BILL YlELDS ARE ON A DISCOUNTBASIS. & AUC^AVE^foBEoSSf. END,N® ™ DAVS EA"LIER THAN DATE http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 7 8 COMMERCIAL BANK SMALL TIME DEPOSITS^ LARGE TIME DEPOS I TS */ AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED BILLIONS OF DOLLARS 410 ---------- ,------------- i----- 1987 ILL IONS OF DOLLARS —1------------- ----------- 410 BILLIONS 361.9 360.3 359.7 SMALL TIME DEPOSITS LATEST DATA PLOTTED WEEK ENDING, MARCH 30, 1987 BILLIONS OF DOLLARS 305 ----------1------------- 1---------- 1---------~ _ 1987 FEB. MAR. 300 - BILLIONS OF DOLLARS 305 BULLIONS 23 2 9 296.5 296.8 297.2 M 299!( 300.7 - "A \ - LARGE TIME DEPOS TS Vs--> \ / i i M VJ ' - 285 iS| 1 1 FEB II11 MAR _LLL APR llli 1 1 1 1 MAY j.i i 21 JUL -LLL m i 4 1 15 AUG SEP 111 13 27 OCT 111 10 24 NOV 1986 LATEST DATA PLOTTED WEEK ENDING, MARCH 30, 1111 8 22 DEC n i 5 19 JAN ±i2 J-i-L Jill 2 IS 2 18 30 19 27 FEB MAR APR 1987 1987 1/ TIME DEPOSITS ISSUED IN DENOMINATIONS OF LESS THAN 9100,000 2/ TIME DEPOSITS ISSUED IN DENOMINATIONS OF 9100,000 OR MORE http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS COMMERCIAL BANK TOTAL TIME DEPOSITS AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED BILLIONS OF DOLLARS APR 12 M MAY 0 23 T 21 JUL 4 IS AUG LATEST DATA PLOTTED WEEK ENDING, MARCH SO, IIS 29 IS 27 10 24 OCT NOV BILLIONS OF DOLLARS • 22 5 10 JAN 2 16 FEB 2 10 30 13 27 1987 TOTAL TIME IS THE SUM OF SAVINGS DEPOSITS, SMALL TIME DEPOSITS AND LARGE TIME DEPOSITS. total Time DEPOSITS COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING: 3/31/88 6/30/86 9/1/86 9/29/86 10/27/86 2/1/86 12/29/86 2/2/87 TO THE AVERAGE OF FOUR WEEKS ENDING: 9/ 1/86 9/29/86 10/27/86 12/ 1/86 12/29/86 2/ 2/87 3/ 2/87 3/30/87 -0.3 -0.2 -0.4 0. 1 0.8 2.1 2.3 2.6 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1.3 0.6 1 . 1 2.1 3.7 3.9 4.1 -0.8 0.6 2.2 4.8 4.6 4.8 0.9 2.9 5.6 5.4 5.6 5.0 7.7 7.1 7.0 10.5 8.7 8.1 9.2 8.3 5.6 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 9 10 BORROWINGS FROM FEDERAL RESERVE BANKS AVERAGES OF DAILY FIGURES BILLIONS OF DOLLARS 3.0 ---------- 1---------- 1-------1987 ILL IONS OF DOLLARS MILLIONS APR. TOTAL BORROWINGS LATEST DATA PLOTTED WEEK ENDING* APRIL 8. 1987 BILLIONS OF DOLLARS 2.5 BILLIONS OF DOLLARS 2.5 ----------1-------------1------------1--------“ ISfil ill Hi QMS. - _ MAR. _ AF R. 4 11 18 233 148 228 425 361 AD JUS TMENT + SEJ SONAL BORROKKINGS - i i i - L. = A, ly h .i.u- mi 5 19 5 19 FEB MAR V 1111 A 111 APR MAY till 1 1 1 2 16 90 M 2S II JUN 29 9 25 JUL 1986 8 20 LATEST DATA PLOTTED WEEK ENDING* APRIL 8, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis _LLL 1 1 1.1._LII 111 AUG AV 1A \ S 17 SEP - AA I 1111 15 29 12 28 10 24 OCT NOV DEC 1 111 7 21 \/ 111 4 111 IS FEB 4 18 MAR 1987 - n mi 15 29 APR 1987 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS COMMERCIAL PAPER OF NONFINANCIAL COMPANIES NOT SEASONALLY ADJUSTED BILLIONS OF DOLLARS I 1887 BILLIONS OF DOLLARS 95 MILLIONS FEB. 25 75,176 APR. 90 76,955 74)901 1 75 8 IB 8 FEB MAR IB 2 16 30 14 28 11 MAY 28 B 23 JUN 6 20 3 17 AUG SEP LATEST DATA PLOTTED WEEK ENDINGt APRIL 1, 1 18 29 12 26 10 24 7 21 4 18 4 18 JAN FEB MAR I IS 29 1987 BUSINESS LOANS u ( COMMERCIAL AND INDUSTRIAL ) WEEKLY REPORT ING LARGE COMMERCIAL BANKS 2/ SEASONALLY ADJUSTED BILLIONS OF DOLLARS BILLIONS OF DOLLARS _ COMPOUNDED ANNUAL RATES — JAN. DEC. NOV. OCT. 28, 24, 26, 22, 1987 1986 1986 1986 JUN. 25, - MAR. 26, 1986 1986 -11.3 MILLIONS FEB. I MAR. 4 283,744 281,738 280,096 280,387 - 11UI 11 I I I 1 I I I 8 19 FEB 8 IB MAR 2 16 30 14 28 II MAY JUN 28 B 23 6 20 3 AUG SEP 17 I IS 29 12 26 10 24 7 21 4 18 4 JAN FEB MAR 18 1 18 2B LATEST DATA PLOTTED WEEK ENDINGt MARCH 25, 1987 1/ BUSINESS LOANS INCLUOE BANKERS1 ACCEPTANCES AND COMMERCIAL PAPER. 2/ BANKS WITH DOMESTIC ASSETS GREATER THAN 81.4 BILLION http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 11 260
@FedFRASER