Full text of U.S. Financial Data : January 21, 1988
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
0de :bl.S.3 Rnancial Data —Of St Louis----------------- -I-..... ............................................................................................................... JAN25im~--- 'January 21, 1988 THE WEEK'S HIGHLIGHTS: v* U.S. industrial production advanced at a 1.8 percent annual rate in December, compared with a 5.6 percent rate of increase in November. The December level of production was up 5.1 percent from a year earlier. v* The capacity utilization rate in December was 82.1 percent, up 2.4 percentage points from December 1986 and the highest since March 1980. is Housing starts fell 16.2 percent in December to a seasonally adjusted annual rate of 1,374,000 units. 1987 housing starts totaled 1,617,000 units, down 10.4 percent from 1986. v* Consumer prices rose at a 1.4 percent rate in December, and were up 4.4 percent from a year earlier. s Producer prices of finished goods declined in December at a 3.2 percent rate and stood 2.2 percent above their December 1986 level. Over the past year, the increase was also 2.2 percent excluding food and energy. FEDERAL RESERVE KVNK.il SLUM IS 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 1M BILLIONS OF DOLLARS 276 BILLIONS. NOV. DEC. 266.9 268.3 267.5 267.5 271.0 272 264 I JAN FEB MAR MAY IS 20 12 26 0 23 JUN 7 21 4 OCT NOV 18 2 18 30 13 27 1986 LATEST PLOTTED RESERVE MAINTENANCE PERIOD END INGi JANUARY 13, 1988 THE ADJUSTED MONETARY BASE IS THE SUM OF RESERVE ACCOUNTS OF FINANCIAL INSTITUTIONS AT FEDERAL RESERVE b BANKS, CURRENCY IN CIRCULATION iuunntm,i (CURRENCY n^uu HELD a BYi THE PUBLIC AND IN " THE ..................... “ ™™, uunntnui in uinwuLmiun inc ruSklC VAULTS OF ALL H) SOURCE OF THE ADJUSTED MONETARY IS FEDERAL RESERVEREQUIREMENT CREDIT ---------------------------------INSTITUTIONS) A AN BASE ADJUSTMENT FOR RESERVE RATIO CHANGES. THE------MAJOR DEPOSITORY DATA ARE COMPUTED BY THIS BANK. A DETAILED DESCRIPTION OF THE ADJUSTED MONETARY BASE IS AVAILABLE FROM THIS BANK. RECENT DATA ARE PRELIMINARY. ADJUSTED MONETARY BASE COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF TWO MAINTENANCE PERIODS END INGt 1/14/87 4/8/87 6/17/87 7/15/87 8/12/87 9/9/87 6. 1 4.6 5.0 5.6 5.2 6.4 6.0 6. 1 4.4 5.0 6.0 5.4 6.9 6.4 6.4 2.0 4.7 4. 1 6.7 5.9 6. 1 8.8 6.5 8.9 7.6 7.5 6.1 9.4 7.7 7.6 9.0 6.9 7.0 10/7/87 11/18/87 TO THE AVERAGE OF TWO MAINTENANCE PERIODS ENDING: 6/17/87 7/15/87 8/12/87 9/ 9/87 10/ 7/87 11/18/87 12/16/87 1/13/88 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9.0 8.4 4.5 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS MONEY STOCK (Ml ) AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED BILLIONS OF DOLLARS BILLIONS OF DOLLARS 780 754.7 751.0 752.2 752.2 756.6 757.8 740 1 15 29 JAN 12 26 FEB 0 23 0 23 6 20 APR 4 16 MAY 1 13 20 13 27 10 24 7 21 SEP 5 10 OCT 2 16 30 14 26 11 DEC JAN 23 LATEST DATA PLOTTED WEEK ENDINGt JANUARY 11, 1988 CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS* H.6 RELEASE. Ml JL§ THEAND SUMTRAVELERS OF CURRENCY HELD BY THE NONBAhK PUBLIC, DEMAND DEPOSITS, OTHER CHECKABLE DEPOSITS CHECKS. MONEY STOCK (Ml ) COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING: 1/12/87 4/13/87 4.5 1.9 2.4 2.2 2.7 3.8 2. 1 2. 1 3.1 3.7 3. 1 3.8 5.1 2.7 2.5 6/8/87 7/13/87 8/10/87 3.0 4.4 6.7 2.4 2.2 3.9 7.1 1.7 1.6 9/14/87 10/12/87 11/9/87 TO THE AVERAGE OF FOUR WEEKS ENDING: 0/ 8/87 7/13/87 8/10/87 9/14/87 10/12/87 11/ 9/87 12/14/87 1/11/88 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis -2.4 -1.2 0.7 3. 1 0.3 0.4 11.1 2.0 1.8 -0.5 0.1 -5.8 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 3 4 MONEY MULTIPLIERi/ CURRENCY COMPONENT OF MONEY STOCK AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED RATIO RATIO 2.815 2.795 Ml MULTIPLIER 3 17 I 19 29 12 20 JAN 9 23 9 23 FEB 0 20 4 18 APR MAY I 18 29 13 27 LATEST DATA PLOTTED TWO WEEKS ENDINGt JANUARY II, 10 24 7 21 8 19 SEP OCT 2 16 30 14 28 II DEC 28 JAN 1988 BILLIONS OF DOLLARS BILLIONS OF DOLLARS - COMPOUNDED ANNUAL RATES _ OF CHANGE. AVERAGE OF ___the four Weeks ending JANUARY I I. 1988 FROM “ THE FOUR WEEKS ENDING: — OCT. _ 9, 12 14 1987 1987 1987 13, 13, 12, 1987 1987 1987 11.0 12.4 11.5 AUG. — JAN. CURRENCY 199.2 199.3 200.8 201.7 201.5 11111111111ii I 18 29 12 26 JAN 9 23 FEB 9 23 0 20 4 10 APR MAY I 18 29 13 27 10 24 7 21 5 19 2 10 30 14 28 11 28 DEC JAN LATEST DATA PLOTTED WEEK ENDING: JANUARY 11, 1988 1/ RATIO OF MONEY STOCK (Ml ) TO ADJUSTED MONETARY BASE 2/ CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.6 RELEASE. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS TOTAL CHECKABLE DEPOSITS AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED BILLIONS OF DOLLARS BILLIONS OF DOLLARS 580 BILLIONS 549. 1 544.8 545.9 544.3 547.8 549.2 1 15 20 12 20 0 25 JAN FEB 9 25 0 20 APR 4 18 MAY I IS 20 15 27 10 24 7 21 5 SEP OCT 10 2 10 50 14 28 II 25 DEC JAN 1988 LATEST DATA PLOTTED WEEK ENDING* JANUARY II, 1988 TOTAL CHECKABLE DEPOSITS IS THE SUM OF DEMAND DEPOSITS AND OTHER CHECKABLE DEPOSITS AT ALL DEPOSITORY INSTITUTIONS. TOTAL CHECKABLE DEPOS1TS COMPOUNDED ANNUAL RATES OF CHANGE, 1/12/87 4/13/87 6/8/87 AVERAGE OF FOUR WEEKS ENDINGt 7/13/87 8/10/87 1.4 3.2 5.7 0.0 -0.5 2.3 5.9 -1 . 1 - 1.5 9/14/87 10/12/87 11/9/87 TO THE AVERAGE OF FOUR WEEKS ENDING-. 6/ 8/87 7/13/87 8/10/87 9/14/87 10/12/87 11/ 9/87 12/14/87 1/11/88 3.0 -0.3 0.4 0.2 0.9 2. 1 -0. 1 -0.4 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1.7 2.5 1 .6 2.4 4.0 0.6 0.2 -5.3 -4.0 -1.6 1.2 -2.5 -2.6 10.9 -0.9 -1.5 -4.4 -4.1 -1 1 .3 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 5 6 YIELDS ON SELECTED SECURITIES AVERAGES OF DAILY RATES PERCENT 12.0 CORPORATE Aaa BONDS 9.0 8.0 PAL ~t 6.0 5 NOV 19 2 18 30 DEC 13 27 13 27 FEB MAR 10 24 8 22 5 19 3 APR 17 31 14 28 AUG II SEP 25 9 23 S 20 4 NOV DEC 18 I 15 29 LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENDING. JANUARY 22, 1988. 1988 NOV. DEC. JAN. 6 13 20 27 4 1 1 18 25 1 8 15 22 X 29 90 DAY CD'S 30-DAY COMMERC1AL PAPER 90-DAY BANKERS' ACCEPTANCES CORPORATE Aaa BONOS CORPORATE Baa BONDS MUNICIPAL BONDS ** 7.26 7. 13 7. 18 7.26 7.61 7.75 7.88 7.61 7.38 7.03 6.99 6.90 6.78 6.72 6.79 6.75 7.28 7.77 8.18 7.90 7.45 6.85 6.80 6.78 7.05 6.94 7.06 7.14 7.41 7.64 7.69 7.41 7. 17 6.89 6.83 6.75 10.08 9.97 9.97 10.01 10.06 10. 14 10. 19 10.08 10.06 10.00 10.00 9.91 11.28 11.18 11.22 11.22 11.23 11.30 11.36 11.28 11.24 11.22 11.19 11.06 7.90 8.03 7.91 7.96 7.90 8. 10 8.01 7.95 7.86 7.83 7.83 N. A. NOTE. CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.I5 RELEASE. « AVERAGES OF RATES AVAILABLE M* BOND 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 11.0 INTEREST RATES AVERAGES OF DAILY RATES PERCENT PERCENT —I 11.0 r~ ITIES 3-MONTH TREASURY BILL DISCOUNT RATE 7 2t 5 10 NOV DEC 1986 2 16 SO 13 27 JAN FEB 13 27 10 24 APR 8 22 MAY 3 19 3 17 31 JUN JUL 1987 14 28 AUO 11 SEP 25 0 23 OCT 8 20 4 NOV DEC 18 LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENDING. JANUARY 22, 1986 NOV. DEC. JAN. 6 13 20 27 4 1 1 18 25 1 8 15 22 X 6.43 6.68 6.77 6.78 6.89 6.84 6.58 6.75 6.81 7.02 6.81 6.89 1 15 20 JAN |988 1988. 3-MONTH TREASURY BILL 6-MONTH TREASURY BILL MBKX 1-YEAR TREASURY BILL 5-YEAR TREASURY SECURITIES LONG-TERM TREASURY SECURITIES 5.62 5.78 5.78 5.72 5.41 5.86 5.90 5.83 5.73 5.86 5.81 5.89 6.24 6.24 6.33 6. 1 1 6.12 6.42 6.45 6.48 6.32 6.35 6.33 6.37 6.42 6.49 6.54 6.56 6.55 6.74 6.73 6.71 6.66 6.66 6.63 6.52 8.32 8.30 8.35 8.41 8.40 8.54 8.50 8.41 8.38 8.37 8.33 8.14 9.02 9.00 9.05 9.14 9.22 9.39 9.26 9.03 9.05 9.07 9.08 8.82 29 CURRENT DATA _ APPEAR IN THE BOARD OF GOVERNORS H.]5_REIEASE ____ _______ EXCLUDING LONG-TERM TREASURY SECURITY ICH ARE COMPUTED BY THIS BANK. TREASURY YlELDS ARE ON A DISCOUNfBASIS. ------------ BILL ---------$ OF RATL, ...... _____ DAY AVERAGES Fl.. . ENDING TWO DAYS EARLIER THAN DATE SHOWN i AUCTION AVERAGE (DISCO! 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 DEPOSITS v AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED BILLIONS OF DOLLARS 410 ---------- 1------------- 1----1988 BILLIONS OF DOLLARS ------------------------------- 410 BILLIONS 7 383.5 385.5 SMALL TIME DEPOSITS LATEST DATA PLOTTED WEEK ENDINGt JANUARY 11, 1988 BILLIONS OF DOLLARS 330 BILLIONS OF DOLLARS iaas BILLIONS 325 — DEC 324.2 LARGE TIME DEPOSITS 320 321.5 315 310 305 300 295 I I I I 3 17 1 15 29 12 26 JAN 9 23 9 23 6 20 4 16 1 15 29 13 27 10 24 FEB 1986 LATEST DATA PLOTTED WEEK ENDINGt JANUARY II, 7 21 5 SEP OCT 19 2 16 30 14 28 H DEC 25 JAN 1987 1988 1/ TI ME 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 BILLIONS OF DOLLARS 895 ILL I ON? DEC. 883.8 886.0 886.3 886.4 888.3 875 886. I 855 845 825 LUI.I.U..L1 I IS 29 12 26 JAN 9 23 FEB 9 23 0 20 4 18 APR MAY I LATEST DATA PLOTTED WEEK ENDINGt JANUARY II, IS 29 IS 27 10 24 7 21 S 19 SEP OCT 2 16 90 14 28 II DEC 25 JAN 1988 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! 1/12/87 4/13/87 6/8/87 7/13/87 8/10/87 8.8 9. 1 8.5 7.7 7.4 8.5 9. 1 8.6 10.6 9.2 7.8 7.3 8.9 9.7 9.0 7.8 6. 1 5.8 8.2 9.3 8.6 3.8 4. 1 7.6 9. 1 8.2 3.8 8.5 10. 1 8.9 9/14/87 10/12/87 11/9/87 TO THE AVERAGE OF FOUR WEEKS ENDlNGt 6/ 8/87 7/19/87 8/10/87 9/14/87 10/12/87 11/ 9/87 12/14/87 1/11/88 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12.0 13.0 10.7 16.8 12.5 9.5 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 9 10 BORROWINGS FROM FEDERAL RESERVE BANKS AVERAGES OF DAILY FIGURES BILLIONS OF DOLLARS DEC. BILLIONS OF DOLLARS ------------------- ----------- 3-° 16 6 2908 TOTAL BORROWINGS LATEST DATA PLOTTED WEEK ENDINOt JANUARY 20, 1988 BILLIONS OF DOLLARS ------ ------------- ----------- 2.5 BILLIONS OF DOLLARS 2.5 ---------- 1------------- 1----MILLIONS 0 ADJUSTMENT + SEASONAL BORROWINGS 2400 91 14 28 11 JAN FEB 25 II MAR 25 8 22 6 20 9 17 MAY JUN 1 IS 20 12 28 9 29 7 21 4 OCT NOV 18 2 16 90 19 27 LATEST DATA PLOTTED WEEK ENDINGt JANUARY 20, 1988 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS COMMERCIAL PAPER OF NONFINANCIAL COMPANIES BILLIONS OF DOLLARS NOT SEASONALLY ADJUSTED ILL IONS OF DOLLARS 100 ------------,--------------- ,------DEC. 9 80,974 78,287 88,235 87,629 5 18 NOV 3 17 31 DEC 1986 14 28 II JAN FEB 25 II MAR 25 6 22 APR 8 20 3 17 I MAY JUN JUL 1987 IS 29 12 26 9 23 7 21 4 OCT NOV 18 2 16 30 13 27 LATEST DATA PLOTTED SEEK EM)IN9i JANUARY IS, 1988 * Break in series. Beginning January 6, J988, data reflect a new reporting panel. No historical data will be made available. BUSINESS LOANS u ( COMMERCIAL AND INDUSTRIAL ) SEASONALLY ADJUSTED BILLIONS OF DOLLARS 295 ---------- -------------------- ILL IONS OF DOLLARS —i------------- 1---------- 295 COMPOUNDED ANNUAL RATES _ OF CHANGE. AVERAGE OF THE FOUR *EEKS ENDING 28, 30, c, 29, I, 1987 1987 ivor 1987 1987 31, 1986 MILLIONS NOV. 25 DEC. 2 276,743 277,744 278,725 276,381 NOV DEC 1986 JAN FEB MAR APR MAY 9 23 JUN LATEST DATA PLOTTED REEK ENDING-. DECEMBER 30, I gj 1.1 1 I I 7 21 4 18 OCT NOV ill 1 I 2 16 30 IS 27 1987 1/ BUSINESS LOANS INCLUDE BANKERS' ACCEPTANCES AND COMMERCIAL PAPER. 2/ BANKS WITH DOMESTIC ASSETS GREATER THAN 81.A BILLION http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 11
@FedFRASER