Statistical Supplement | November 2006 Statistical Supplement to the Federal Reserve Bulletin, November 2006 |
Billions of dollars, averages of daily figures | |||||||||
Item | 2002 Dec |
2003 Dec |
2004 Dec |
2005 Dec |
2006 | ||||
---|---|---|---|---|---|---|---|---|---|
May | June | July | Aug | ||||||
Seasonally adjusted | |||||||||
Measures2 | |||||||||
1 | M1 | 1,219.0 | 1,304.1 | 1,372.1 | 1,368.5 | 1,393.1 | 1,370.3r | 1,373.4 | 1,370.2 |
2 | M2 | 5,773.6 | 6,059.4 | 6,408.1 | 6,664.8 | 6,787.8 | 6,817.3 | 6,838.6 | 6,862.3 |
3 | M3 | 8,568.0 | 8,872.3 | 9,433.0 | 10,154.0 | n.a. | n.a. | n.a. | n.a. |
M1 components | |||||||||
4 | Currency3 | 626.2 | 662.3 | 697.3 | 723.4 | 742.6 | 740.8 | 740.2 | 741.0 |
5 | Travelers checks4 | 7.8 | 7.7 | 7.6 | 7.3 | 6.9 | 7.0 | 6.8 | 6.8 |
6 | Demand deposits5 | 306.0 | 324.5 | 340.2 | 320.5 | 326.4 | 312.4 | 318.8 | 316.8 |
7 | Other checkable deposits6 | 279.1 | 309.5 | 327.1 | 317.3 | 317.1r | 310.1r | 307.7 | 305.6 |
Nontransaction components | |||||||||
8 | In M27 | 4,554.6 | 4,755.4 | 5,035.9 | 5,296.3 | 5,394.7 | 5,447.0 | 5,465.2 | 5,492.1 |
9 | In M3 only8 | 2,767.4 | 2,792.7 | 3,011.1 | 3,478.5 | n.a. | n.a. | n.a. | n.a. |
Commercial banks | |||||||||
10 | Savings deposits, including MMDAs | 2,060.9 | 2,337.8 | 2,632.0 | 2,771.7 | 2,774.8 | 2,790.1r | 2,781.3 | 2,767.7 |
11 | Small time deposits9 | 590.1 | 536.4 | 545.1 | 633.9 | 679.1 | 688.1 | 700.6 | 713.2 |
12 | Large time deposits10, 11 | 698.2 | 764.5 | 909.3 | 1,122.9 | n.a. | n.a. | n.a. | n.a. |
Thrift institutions | |||||||||
13 | Savings deposits, including MMDAs | 717.9 | 831.5 | 887.5 | 850.0 | 844.5 | 846.8 | 840.6 | 845.1 |
14 | Small time deposits9 | 302.4 | 273.4 | 271.8 | 339.8 | 366.2 | 372.2 | 380.6r | 390.9 |
15 | Large time deposits10 | 117.5 | 120.7 | 161.5 | 230.7 | n.a. | n.a. | n.a. | n.a. |
Money market mutual funds | |||||||||
16 | Retail12 | 883.3 | 776.2 | 699.5 | 701.0 | 730.1 | 749.8 | 762.1 | 775.2 |
17 | Institution-only | 1,256.1 | 1,123.1 | 1,073.9 | 1,142.4 | 1,190.6 | 1,206.1 | 1,217.1 | 1,241.9 |
Repurchase agreements and Eurodollars | |||||||||
18 | Repurchase agreements | 473.4 | 494.8 | 492.6 | 564.3 | n.a. | n.a. | n.a. | n.a. |
19 | Eurodollars | 230.7 | 295.3 | 379.1 | 423.9 | n.a. | n.a. | n.a. | n.a. |
Not seasonally adjusted | |||||||||
Measures2 | |||||||||
20 | M1 | 1,245.0 | 1,332.0 | 1,401.3 | 1,396.5 | 1,391.3 | 1,378.0 | 1,367.1 | 1,369.2 |
21 | M2 | 5,805.1 | 6,091.7 | 6,442.9 | 6,702.3 | 6,765.9 | 6,819.7 | 6,839.3 | 6,855.7 |
22 | M3 | 8,633.5 | 8,927.8 | 9,482.2 | 10,201.4 | n.a. | n.a. | n.a. | n.a. |
M1 components | |||||||||
23 | Currency3 | 630.3 | 666.7 | 702.4 | 728.9 | 741.9 | 741.1 | 741.1 | 740.4 |
24 | Travelers checks4 | 7.7 | 7.6 | 7.5 | 7.2 | 6.9 | 7.0 | 7.0 | 7.0 |
25 | Demand deposits5 | 323.3 | 342.6 | 358.7 | 337.7 | 325.3 | 318.1r | 313.0 | 316.7 |
26 | Other checkable deposits6 | 283.8 | 315.0 | 332.7 | 322.7 | 317.2 | 311.8r | 305.9r | 305.1 |
Nontransaction components | |||||||||
27 | In M27 | 4,560.1 | 4,759.8 | 5,041.6 | 5,305.8 | 5,374.6 | 5,441.7 | 5,472.2 | 5,486.6 |
28 | In M3 only8 | 2,801.3 | 2,815.9 | 3,025.4 | 3,488.3 | n.a. | n.a. | n.a. | n.a. |
Commercial banks | |||||||||
29 | Savings deposits, including MMDAs | 2,061.6 | 2,337.9 | 2,633.3 | 2,776.0 | 2,761.9 | 2,789.0 | 2,790.3 | 2,765.2 |
30 | Small time deposits9 | 590.2 | 536.2 | 544.8 | 633.3 | 679.7 | 688.7 | 701.2 | 713.8 |
31 | Large time deposits10, 11 | 697.4 | 760.9 | 903.3 | 1,114.4 | n.a. | n.a. | n.a. | n.a. |
Thrift institutions | |||||||||
32 | Savings deposits, including MMDAs | 718.2 | 831.5 | 887.9 | 851.3 | 840.6 | 846.5 | 843.3 | 844.4 |
33 | Small time deposits9 | 302.4 | 273.4 | 271.6 | 339.5 | 366.5 | 372.6 | 380.8 | 391.2 |
34 | Large time deposits10 | 117.3 | 120.1 | 160.4 | 228.9 | n.a. | n.a. | n.a. | n.a. |
Money market mutual funds | |||||||||
35 | Retail12 | 887.7 | 780.8 | 704.1 | 705.7 | 726.0 | 744.9 | 756.6 | 771.9 |
36 | Institution-only | 1,289.8 | 1,150.1 | 1,095.8 | 1,162.6 | 1,172.5 | 1,196.2 | 1,205.9 | 1,238.4 |
Repurchase agreements and Eurodollars | |||||||||
37 | Repurchase agreements | 476.4 | 497.6 | 494.6 | 566.1 | n.a. | n.a. | n.a. | n.a. |
38 | Eurodollars | 228.8 | 292.8 | 376.6 | 422.0 | n.a. | n.a. | n.a. | n.a. |
Note: In March 2006, the Board ceased publication of the M3 monetary aggregate and all the components of non-M2 M3 (large time deposits, repurchase agreements, and Eurodollars) except for institutional money funds. Measures of large time deposits will continue to be published by the Board in the Flow of Funds Accounts (Z.1 release) on a quarterly basis and in the H.8 release on a weekly basis (for commercial banks). 1. Latest monthly and weekly figures are available from the Board's H.6 (508) weekly statistical release. Historical data starting in 1959 are available from the Money and Reserves Projections Section, Division of Monetary Affairs, Board of Governors of the Federal Reserve System, Washington, DC 20551. Return to table 2. Composition of the money stock measures is as follows: 3. Currency outside the U.S. Treasury, Federal Reserve Banks, and vaults of depository institutions. Return to table 4. Outstanding amount of U.S. dollar-denominated travelers checks of nonbank issuers. Travelers checks issued by depository institutions are included in demand deposits. Return to table 5. Demand deposits at domestically chartered commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations (excluding those amounts held by depository institutions, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float. Return to table 6. Consists of NOW and ATS account balances at all depository institutions, credit union share draft account balances, and demand deposits at thrift institutions. Return to table 7. Sum of (1) savings deposits (including MMDAs), (2) small time deposits, and (3) retail money fund balances. Return to table 8. Sum of (1) large time deposits, (2) institution-only money fund balances, (3) RPs, and (4) Eurodollars, each seasonally adjusted. Return to table 9. Small time deposits are those issued in amounts of less than $100,000. All IRAs and Keogh accounts at commercial banks and thrift institutions are subtracted from small time deposits. Return to table 10. Large time deposits are those issued in amounts of $100,000 or more, excluding those booked at international banking facilities. Return to table 11. Large time deposits at domestically chartered commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations, excluding those amounts held by depository institutions, the U.S. government, foreign banks and official institutions, and money market mutual funds. Return to table 12. IRA and Keogh account balances at money market mutual funds are subtracted from retail money funds. Return to table |
Statistical Supplement | November 2006 | Tips for printing wide tables | Symbols and Abbreviations