[Economic Indicators June, 2010] [Page Number 26] [From the U.S. Government Publishing Office, www.gpo.gov] MONEY, CREDIT, AND SECURITY MARKETS MONEY STOCK AND DEBT MEASURES In May, M2 rose. ____________________________________________________________________________________________________________________________________________ [Averages of daily figures, except debt end-of-period basis; billions of dollars, seasonally adjusted] -------------------------------------------------------------------------------------------------------------------------------------------------------- M1 M2 Debt Percent change ----------------------------------------------------------------------------------------- Sum of currency, From year or 6 From demand deposits, M1 plus retail MMMF months earlier previous Period travelers balances, savings Debt of domestic \2\ period \3\ checks, and deposits (including nonfinancial ------------------------------- other checkable MMDAs), and small sectors \1\ deposits (OCDs) time deposits M1 M2 Debt -------------------------------------------------------------------------------------------------------------------------------------------------------- 2000:Dec ..................................................... 1,087.7 4,912.6 18,166.1 -3.1 6.1 5.0 2001:Dec ..................................................... 1,182.2 5,427.8 19,298.3 8.7 10.5 6.3 2002:Dec ..................................................... 1,220.4 5,776.6 20,716.9 3.2 6.4 7.4 2003:Dec r.................................................... 1,306.9 6,065.5 22,444.5 7.1 5.0 8.1 2004:Dec r.................................................... 1,377.1 6,407.1 24,443.4 5.4 5.6 8.8 2005:Dec r.................................................... 1,375.3 6,671.6 26,770.4 -.1 4.1 9.5 2006:Dec r.................................................... 1,367.9 7,071.7 29,186.1 -.5 6.0 9.0 2007:Dec r.................................................... 1,375.8 7,501.4 31,717.4 .6 6.1 8.7 2008:Dec r.................................................... 1,594.7 8,239.7 33,615.8 15.9 9.8 6.0 2009:Dec r.................................................... 1,696.4 8,543.9 34,654.8 6.4 3.7 3.1 2009:May ..................................................... 1,593.0 8,415.4 ................. 9.9 8.9 ............ June r.................................................. 1,641.0 8,442.1 34,309.7 5.8 4.9 4.3 July ................................................... 1,649.9 8,437.7 ................. 9.7 3.3 ............ Aug .................................................... 1,648.3 8,414.5 ................. 11.0 1.8 ............ Sept r.................................................. 1,660.9 8,455.2 34,541.4 12.4 1.5 2.7 Oct .................................................... 1,674.6 8,487.8 ................. 10.3 3.5 ............ Nov .................................................... 1,687.6 8,522.7 ................. 11.9 2.6 ............ Dec r................................................... 1,696.4 8,543.9 34,654.8 6.8 2.4 1.3 2010:Jan ..................................................... 1,679.8 8,485.5 ................. 3.6 1.1 ............ Feb .................................................... 1,713.7 8,541.0 ................. 7.9 3.0 ............ Mar r................................................... 1,712.2 8,512.0 35,010.1 6.2 1.3 3.5 Apr r................................................... 1,700.9 8,480.1 ................. 3.1 -.2 ............ May .................................................... 1,705.6 8,560.5 ................. 2.1 .9 ............ -------------------------------------------------------------------------------------------------------------------------------------------------------- \1\ Quarterly data; shown in last month of quarter. End-of-year data are for fourth quarter. Consists of outstanding credit market debt of the U.S. Government, State and local governments, and private nonfinancial sectors; data from flow of funds accounts. \2\ Annual changes are from December to December and monthly changes are from 6 months earlier at a simple annual rate. \3\ Annual changes are from fourth quarter to fourth quarter. Quarterly changes are from previous quarter at an annual rate. Note.--The Federal Reserve no longer publishes the M3 monetary aggregate and most of its components. Institutional money market mutual funds continue to be published as a memorandum item in the H.6 release, and the component on large-denomination time deposits is published in other Federal Reserve Board releases. For details, see H.6 release of March 23, 2006. See p. 27 for components. Source: Board of Governors of the Federal Reserve System.