Full text of U.S. Financial Data : June 1, 1989

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

\/rnF-

!■
'
REoEARC J LIBRARY
Federal Reserve Bank

nancial Data
JUN 0 5 1989

June 1, 1989

THE WEEK'S HIGHLIGHTS:
ts

U.S. personal income increased at an annual rate of 5 percent in
April, after rising at a 10.2 percent rate in March, and was 9.2
percent above its year-earlier level.

is

Sales of new single-family houses rose 10.9 percent in April to a
seasonally adjusted annual rate of 620,000. Sales for the first four
months of the year were down 2.8 percent from the same period a
year earlier.

ts

New orders at U.S. factories in April rose 2.7percent, after rising
0.7 percent in March. For the January-April period, orders were
up 10.5 percent from the same period in 1988.

is

The Commerce Department's composite index of leading indicators
increased 0.8 percent in April. The April rise followed two
consecutive months in which the index declined: 0.6 percent in
March and 0.3 percent in February.

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

BILLIONS OF DOLLARS
296

289.8
288.0
290.2
289.6
289.6

260

276

4 IS

APR

I

IS 20 15 27 10 24

MAY

7 21

S 18

SEP

OCT

2 16 30 14 28 II 25

DEC

JAN

6 22

6 22

5 18

3 17 31

14 26

FEB

LATEST PLOTTED RESERVE MAINTENANCE PERIOD ENDING: MAY 31, 1989
THE ADJUSTED MONETARY BASE IS THE SUM OF RESERVE ACCOUNTS OF FINANCIAL INSTITUTIONS AT FEDERAL
RESERVE BANKS. CURRENCY IN CIRCULATION (CURRENCY HELD BY THE PUBLIC AND IN THE VAULTS OF ALL
DEPOSITORY INSTITUTIONS) AND AN ADJUSTMENT FOR RESERVE
----------- ----------—
ERVE REI-------------------------------REQUIREMENT RATIO CHANGES.
THE----MAJOR
SOURCE OF THE ADJUSTED MONETARY BASE IS FEDERAL RESl_____________
SERVE CREDIT. ___________________________
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 ENDING*
6/1/88

8/24/88

6. 1
5.6
5.0
6.9
4.9
5.0
4.7
4.4

5.0
4.1
7.2
4.2
4.4
4.1
3.9

11/2/88 11/30/88 12/28/88

1/25/89

3/8/89

4/5/89

TO THE AVERAGE OF
TWO MAINTENANCE
PERIODS ENDING:
11/ 2/88
11/30/88
12/28/88
1/25/89
3/ 8/89
4/ 5/89
5/ 3/89
5/31/89

V

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

2.1
8.5
3.4
3.9
3.5
3.3

11.2
3.4
4.0
3.6
3.3

4.5
4.9
4.2
3.7

-1.4
-0.5
-0. 1

3.9
3.0

1.6

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

MONEY STOCK ( Ml

BILLIONS OF DOLLARS

19fia17

APR.

24
I

MAY

4 la

2

)

AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS

of

dollars

BILLIONS.
787.0
781.5
772.9
773.0
772.5

10 90 13 27

JUN

II 25

8 22

5 10

3 17 31

JUL

14 28 12 26

NOV

0 23

DEC

1988
LATEST DATA PLOTTED WEEK ENDING. MAY 22,

8 20

6 20

FEB

MAR
APR
1989

3 17

I

15 20 12 26

1989

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, AVERAGE OF FOUR WEEKS ENDING:
5/23/88

8/22/88 10/24/88 11/21/88 12/19/88

1Z23/89

2/20/89

3/20/89

-2.8
-5.8

-9.0

TO THE AVERAGE
OF FOUR WEEKS
ENDING.
10/24/88
11/21/88
12/19/88
1/23/89
2/20/89
3/20/89
4/24/89
5/22/89

4. 1
3.7
4.2
2.9
2.6
2.5
1 .6
0.4


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

1.4
2.8
1.2
0.9
1 .0
-0.1
-1.4

4.4
1.0
0.7
0.9
-0.5
-2.2

0.8
0.5
0.8
-0.9
-2.7

-2.5
-1.2
-2.6
-4.5

0.7
-2.1
-4.6

PREPARED BY FEDERAL RESERVE BAf* OF ST. LOUIS

3

4

MONEY MULTIPLIERi/
CURRENCY COMPONENT OF MONEY STOCK
RATIO
3.0 ----------1------------- 1---------- 1---------1989
MAR.
APR.
— MAY

6
20
3
17
1
15

v

AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

RATIO
3.0

RATIO
2.746
2.711
2.723
2.711
2.703
2.67 0

2.9

Ml MUL TIPLI :r

2.8

V
“in

XI 11

APR

MAY

111
JUN

111
JUL

1111
AUG
1088

111
SEP

1 1 1 1
OCT

1 1 1 XXL xn i XXL 1 1 1
H 26 12 26 9 !
6 20 6 20
JAN
NOV
DEC
FEB
MAR

1 1 1

I I I I

3 17

I

APR

MAY

XXl^

13 29 12 26

JUN

1C

LATEST DATA PLOTTED TWO WEEKS ENDINGt MAY 15.

1980

BILLIONS OF DOLLARS
220 ---------- ,------------- r—

IONS OF DOLLARS
---------------------- 220

COMPOUNDED ANNUAL RATES
OF CHANGE. AVERAGE OF
THF. FOUR lilEEKS ENDING
“ MAY 22. 1980 FROM
- THE FOUR WEEKS ENDINGt .

-

-

MAR.
FEB.

20, 1989
20, 1989

2.7
4.2

“
-

JAN. 23,
1989
DEC.
19, 1988

4.7
5.5

NOV. 21,
— AUG. 22,

CURRENCY

1988
1988

1M
APR.

17

BILLIONS
215.9

216.3
215.8

216.0
216.6

1.1 1 I I I I I I I I I I I I I
A

16

2 16 SO IS 27 11
JUN
JUL

19

3 17 31

LATEST DATA PLOTTED WEEK ENDING: MAY 22,

14 28 12 26
NOV
DEC

9 23

6 20

6 20

FEB

MAR

3 17

1989

1/ RATIO OF MONEY STOCK (Ml J 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

APR.

BILLIONS OF DOLLARS

17
557.9
549.9
549.8
548. 1

4 18

2

16 30 19 27

JUN

11

25

8 22

5 10

3 17 91

14 28 12 26

NOV

JUL

8 23

DEC

6 20

6 20

3 17

FEB

MAR

APR

I

13 29 12 26

LATEST DATA PLOTTED WEEK ENDING: MAY 22, 1080
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:
5/23/88

8/22/88 10/24/88 11/21/88 12/10/88

1/23/80

2/20/80

-1.3
-4.6
-7.8

-5.6
-9.5

3/20/80

TO THE AVERAGE
OF FOUR WEEKS
ENDING:
10/24/88
11/21/88
12/10/88
1/23/80
2/20/80
3/20/80
4/24/80
5/22/80

2.9
2.4
3. 1
1.4
1 .0
0.9
-0.3
-1.7


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

-0.7
1.2
-1.1
-1.3
-1.2
-2.4
-4.1

3.7
-1.2
-1.4
-1.2
-2.9
-5.0

-1.7
-1.9
-1.5
-3.4
-5.8

-5.8
-4.1
-5.7
-8.0

-13.3

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

5

6

YIELDS ON SELECTED SECURITIES
AVERAGES OF DAILY RATES

PERCENT

ME BAM

.PAN RATE

IS 27 10 24

APR

MAY

JUN

• 22

JUL

I II

AUG
1988

i l< » l< » II

SEP

OCT

»

NOV

9 23

DEC

9 20

3 17

JAN

FEB

3 17 31

MAR

14 23 12 23

APR
issg

MAY

9 23

JUN

LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENDINGi JUNE 2, 1908.

1089
APR.

7
14
21
28
MAY
5
12
19
26
JUNE
2 *
9
16
23
30

90 DAY
CD'S

30-DAY
COMMERCIAL
PAPER

90-DAY
BANKERS'
ACCEPTANCES

CORPORATE
AM BONDS

10.03
10\02
9.87
9.84
9.83
9.72
9.49
9.41
9.42

9.83
9.82
9.74
9.72
9.70
9.66
9.50
9.47
9.51

9.75
9.75
9.63
9.60
9.57
9.45
9.26
9. 18
9.23

9.81
9.80
9.80
9.75
9.73
9.69
9.54
9.41
9.38

rgfcusmHft

mus

the board of

governors'

CORPORATE
Bm BONDS
10.60
10.66
10.61
10.59
10.57
10.57
10.46
10.32
10.30

MUNICIPAL
BONDS XX
7.56
7.54
7.44
7.40
7.36
7.36
7. i8
7. 1 1
N.A.

h-,s

an 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

INTEREST RATES

AVERAGES OF DAILY RATES

PERCENT

PERCENT

11.0 r—

—i 11.0

TREASURY

I TIES

DISCOUNT RATE

I 19 20 IS 27 10 24 S 22
APR
MAY
JUN
JUL

5 10
AUG

2 10 SO 14
SEP
OCT

29
NOV

0 29
DEC

0 20
JAN

9 17
FEB

•988

3 17 SI 14 28 12 20 0 23
MAR
APR
MAY
JUN
1989

LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENDING-. JUNE

1989
APR.

7
14
21
28
MAY
5
12
19
26
JUNE
2 *
9
16
23
30

2, 1989.

FEDERAL
FUNDS X*

3-MONTH
TREASURY
BILL

6-MONTH
TREASURY
BILL mm

l-YEAR
TREASURY
BILL

5-YEAR
TREASURY
SECURITIES

LONG-TERM
TREASURY
SECURITIES

9.71
9.82
9.95
9.86
9.88
9.86
9.75
9.74
9.84

8.82
8.69
8.55
8.53
8.54
8.43
8.30
8.41
8.59

8.84
8.78
8.59
8.72
8.64
8.39
8. 19
8.33
8.36

8.74
8.73
8.56
8.52
8.47
8.36
8.23
8.21
8.23

9.36
9.42
9.25
9. 16
9.09
9.06
8.86
8.73
8.67

9. 19
9.24
9.13
9.08
9.08
9. 12
8.87
8.72
8.71

NOTEi
CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.15 RELEASE EXCLUDING LONG-TERM TREASURY
, AVERAGES^ ^ATEjTaVA ILABLE
BY ™,S BANK‘
TREASURY BILL YIELDS ARE ONA DISCOUNTBASIS.


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

™°DAVS EARUEB THAN D*TE ^

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

7

8

MONEY STOCK ( M2 )

AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS
3100

BILLIONS OF DOLLARS
3100

ELLLLLQN&
3084.2
3080.0
3071.4
3069.4
3070.1
3072.3

3075

3050

3050

3025

3025

2975

2975

4

18

2

16 30 13 27

JUN

I

23

8 22

5 18

3 17 31

JUL

14 28 12 26

NOV

9 23

DEC

6 20

6 20

3 17

FEB

MAR

APR

I

IS 20 12 26

LATEST DATA PLOTTED WEEK ENDING* MAY 22, 1989
CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.0 RELEASE
M2 IS THE SUM OF Ml. OVERNIGHT RPS ISSUED BY ALL COMMERCIAL BANKS, OVERNIGHT EURODOLLARS ISSUED
TO U.S. RESIDENTS
FOREIGN BRANCHES OF U.S. BANKS, MONEY MARKET DEPOSIT ACCOUNTS, SAVINGS AND
FOR MORE
SMALL TIME DEPOSITS, AND GENERAL PURPOSE AM) BROKER/DEALER MONEY MARKET MUTUAL FUNDS.
DETAIL, SEE THE H.6 RELEASE.

MONEY STOCK ( M2 )
COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING:
5/23/88

8/22/88 10/24/88 11/21/88 12/19/88

1Z23/89

2/20/89

2.9
2.2
0.5

3.0
0.5

3/20/89

TO THE AVERAGE
OF FOUR WEEKS
ENDING:
10/24/88
11/21/88
12/19/88
1/23/89
2/20/89
3/20/89
4/24/89
5/22/89

3.3
3.7
4. 1
3.4
3.0
3.3
3.0
2.4


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

3.2
4.0
2.9
2.5
2.9
2.6
1.8

6.4
3.5
2.8
3.3
2.8
1 .8

2.4
1.8
2.6
2.3
1.2

-0.4
1.4
1.3
0.2

-1 .6

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

ALL DEPOSITORY INSTI TUT IONS
TOTAL TIME DEPOSITS 1/
LARGE
_____ TIME ________
DEPOSITS 2/
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

2040

- COMPOUNDED ANNUAL R *TES
- OF CHANGE. AVERAGE 3F
-----THE FOUR *EEKS END 1
I MAY 22. 1989 FROM
_
THE FOUR WEEKS ENDI 'JG.

1111

MAR. 20, 1989
FEB. 20, 1989
JAN. 23, 1989
DEC. 19, 1988
NOV.21. 1Qflfl
G. 22, 1988
Y
23, 1988

<3

=
_
-

12.
11.
11.1
10.
10.
10.
9.1

i

S'

2100

in

2070

BILLIONS OF DOLLARS

-—1---------1--------1--------

2040

TOTAL TIME

IEPOS TS

-

2010

2

II IN

2100

m il

BILLIONS OF DOLLARS

pm

111

1111

111

1111

1920

15
22

2081.2
2084.1

~
-

1890

111

■i 11

1111

111

1

■ 11111111111 1113

1088

BILLIONS OF DOLLARS

lSSfi

“APR.

17

-

24

MILLIONS
571.3

508.0
572.7
572.5

571.0
LARGE TIME DEPOSITS

4 18

2

18 SO 19 27 11 25
JUN
JUL

8 22

5 18

9 17 SI

LATEST DATA PLOTTED WEEK ENDING. MAY 22,

14 28 12
NOV

8 23

DEC

8 20
FEB

6 20
MAR

9 17
APR

I

15 28 12 28

1089

1/ TOTAL TIME IS THE SUM OF SAVINGS DEPOSITS, SMALL TIME DEPOSITS AND LARGE TIME DEPOSITS.
2/ TIME DEPOSITS ISSUED IN DENOMINATIONS OF 8100,000 OR MORE


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

0

BILLIONS OF DOLLARS
—--------------- --------- Z1 580

580 r---------1------------ t—
E

m

111

LATEST DATA PLOTTED WEEK END INGt MAY 22,

1950

17

MAY

111 -LL.LL.

1080

fMfWOJO

APR .

BILLiOl

rvOKO

m il m il

L389

H ill

2

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

9

10

BORROWINGS FROM FEDERAL RESERVE BANKS
BILLIONS OF DOLLARS
5.5 p---------1------------1----------

l

AVERAGES OF DAILY FIGURES

BILLIONS OF DOLLARS

----------------------------=3 5.5

MILLIONS

26
3
10
17
24
31

2018
1918
1743
1734
1675
1621

TOTAL BORROWINGS

LATEST DATA PLOTTED WEEK ENDINGt MAY 31,

1989

BILLIONS OF DOLLARS

BILLIONS OF DOLLARS

-

ADJUSTMENT + SEASONAL
BORROWINGS

1
APR

15 29 13 27

10 24

7 21

5 19

MAY

LATEST DATA PLOTTED WEEK ENDINGt MAY 31.


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

2 16 30 14 28 11 25 8 22
DEC
JAN
FEB

8 22

1989

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

2.0

COMMERCIAL PAPER OF NONFINANCIAL COMPANIES
NOT SEASONALLY ADJUSTED

BILLIONS OF DOLLARS
130
=

125
120
115

1989

BILLIONS OF DOLLARS
130

E

MILLION

Z APR. 19
26
- MAY
3
Z
10
17
Z.
24

125

118.04C
118,977
121,532
122.84C
123,09C
122.9IC

r~

z

A-------------

z

f

115

E

z

110
105

z

'

E
Z

J

.-'A

100

r

z
z

05

/—v
Z----- --

85

l--------- 1

.«••■%

A ,-vA' f

r

95
90

E

,7m

APR

100

E

r

0

110
105

Z

90

120

lu2

111

1111

111

1 1 1 1

i 1 1

111

1111

111

■i.11

MAY

JUN

JUL

AUG
1088

SEP

OCT

NOV

DEC

JAN

-LLL XLLL -LLL
* 22 8 22 S 10

FEB

MAR

APR
1989

1111
9 17 31

MAY

14 28

85
0

JUN

LATEST DATA PLOTTED WEEK ENDING* MAY 24, 1989
* DASHED LINE REPRESENTS DATA USING AN OLD REPORTING PANEL AM) IS NOT COMPARABLE TO CURRENT DATA

BUSINESS LOANS u
( COMMERCIAL AND INDUSTRIAL )

WEEKLY REPORT ING LARGE COMMERCIAL BANKS 2/
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS
316 ---------- 1---------- ,--------

BILLIONS OF DOLLARS
------------------------------- 316

- COMPOUNDED ANNUAL RATES
I
OF CHANGE. AVERAGE OF
- the four Greeks ending

FEB. 15,
~ JAN. 18,
_ DEC. 14,

1989
I
1

ir ,
18,

iwo
1988

MAY

MILLIONS
APR. 12

309,525
312,219
313,490
313,675

6 20

4 18

APR

MAY

IS 20 13 27 10 24

7 21

5 10

SEP

OCT

2 16 90 14 28

DEC

25

JAN

8 22

1X1.1 1 1 1 11 1 I I I 11 I I
8 22

5 10

3 17 31

14 28

FEB

1988
LATEST DATA PLOTTED WEEK ENDING* MAY 17. 1259
1/ BUSI MESS LOANS INCLUDE BANKERS' 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

DOLLAR'S TRADE-WEIGHTED EXCHANGE INDEX
AVERAGES OF DAILY FIGURES

1973-100
114

APR.

26
98.0
98.8
100.4
103.2
103.3

0 20

4 18

APR

MAY

I

15 29 13 27 10 24

7 21

5 19

SEP

OCT

LATEST DATA PLOTTED WEEK ENDINGt MAY 31,
NOTE*

CURRENT DATA APPEAR

2 10 30 14
DEC

JAN

FEB

1089

IN THE BOARD OF GOVERNOR’S H.10 RELEASE.

DATA ARE WEIGHTED AVERAGES OF THE FOREIGN-CURRENCY PRICE OF THE U.S. DOLLAR, COMPUTED USING
10 INDUSTRIAL COUNTRY CURRENCIES.


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

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS