[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.
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                         [Averages of daily figures, except debt end-of-period basis; billions of dollars, seasonally adjusted]
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                                                                       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  ............
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    \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.