1

FEDERAL RESERVE STATISTICAL RELEASE
H.6 (508)
Table 1
4:30 p.m.

These data are scheduled for release each Thursday at

November 1,
2001
MONEY STOCK AND DEBT MEASURES
Billions of dollars
--------------------------------------------------------------------------------------Date
M11
M22
M33
Debt4
--------------------------------------------------------------------------------------Seasonally adjusted
--------------------------------------------------------------------------------------1999-Oct.
1097.0
4599.7
6357.5
17178.8
Nov.
1107.4
4625.9
6443.3
17239.4
Dec.
1124.8
4653.3
6527.9
17335.2
2000-Jan.
17408.0
Feb.
17466.1
Mar.
17576.3
Apr.
17676.3
May
17752.8
June
17834.4
July
17901.0
Aug.
17963.7
Sep.
18041.7
Oct.
18090.5
Nov.
18166.4
Dec.
18249.8

1123.3

4675.5

6569.7

1109.2

4690.9

6602.9

1113.7

4721.5

6673.7

1117.9

4759.7

6725.1

1106.7

4766.6

6757.3

1105.3

4787.8

6807.6

1103.4

4807.9

6857.5

1099.4

4838.0

6917.7

1096.0

4870.0

6971.4

1096.1

4891.4

6995.7

1087.2

4906.8

7023.8

1088.2

4945.1

7108.5

2001-Jan.
18299.8
Feb.
18379.8
Mar.
18473.8
Apr.
18553.6
May
18656.9
June
18751.7
July
18803.2
Aug.
18889.7 p
Sep.

1099.5

4995.2

7210.2

1100.2

5040.3

7281.8

1112.8

5100.7

7352.0

1117.6

5146.3

7468.8

1116.9

5170.7

7556.0

1122.7

5214.3

7637.6

1135.4

5253.5

7679.4

1143.2

5287.1

7677.2

1194.6

5398.1

7821.6

--------------------------------------------------------------------------------------Not seasonally adjusted
-------------------------------------------------------------------------------------1999-Oct.
1095.3
4582.5
6326.7
17114.4
Nov.
1113.3
4620.8
6442.3
17208.5
Dec.
1148.3
4677.3
6565.4
17328.0
2000-Jan.
17401.5
Feb.
17452.2
Mar.
17564.9
Apr.
17641.9
May
17686.3
June
17762.8
July
17822.0
Aug.
17888.1
Sep.
17968.4
Oct.
18027.3
Nov.
18133.8
Dec.
18239.3

1126.4

4686.8

6596.4

1096.8

4687.8

6627.4

1108.1

4748.8

6723.2

1124.9

4817.4

6783.7

1100.4

4743.8

6739.0

1102.6

4769.2

6782.0

1103.9

4787.6

6812.1

1095.8

4820.0

6880.7

1090.5

4855.2

6929.5

1093.5

4868.9

6953.7

1093.3

4899.0

7019.4

1112.4

4973.7

7153.5

2001-Jan.

1099.7

5004.5

7240.4

18295.4
Feb.

1087.7

5039.1

7316.9

Mar.

1107.5

5135.2

7414.4

Apr.

1122.8

5210.3

7531.6

May

1110.9

5146.6

7532.0

June

1122.1

5197.0

7607.6

July

1135.3

5227.1

7621.0

Aug.
18805.8 p
Sep.

1140.4

5266.5

7635.2

1189.4

5382.5

7774.0

18370.0
18464.1
18514.0
18577.4
18667.1
18714.9

-------------------------------------------------------------------------------------Footnotes appear on the following page.
p -- indicates preliminary data
1

H.6 (508)
Table 2
MONEY STOCK AND DEBT MEASURES
Percent change at seasonally adjusted annual rates
--------------------------------------------------------------------------------------M1
M2
M3
Debt
--------------------------------------------------------------------------------------3 Months from June 2001 TO Sep. 2001
25.6
14.1
9.6
5.0
6 Months from Mar. 2001 TO Sep. 2001
14.7
11.7
12.8
5.5
12 Months from Sep. 2000 TO Sep. 2001
9.0
10.8
12.2
5.2
Thirteen weeks ending
October 22 , 2001
from thirteen weeks ending:

July 23, 2001 (13 weeks previous)

14.2

11.1

8.6

Apr. 23, 2001 (26 weeks previous)

9.8

10.3

11.7

Oct. 23, 2000 (52 weeks previous)

6.0

10.0

11.8

---------------------------------------------------------------------------------------

1.
Growth rates for debt are based on periods beginning and ending one month
earlier
than for the monetary aggregates, namely,
May 2001 to August 2001, February 2001 to August 2001,
and
August 2000 to August 2001, respectively.
---------------------------------------------------------------------------------------Footnotes to Table 1:
1. Consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and
the vaults of depository institutions;
(2) travelers checks of nonbank issuers; (3) demand deposits at all commercial
banks other than those due to depository
institutions, the U.S. government, and foreign banks and official
institutions, less cash items in the process of collection
and Federal Reserve float; and (4) other checkable deposits (OCDs), consisting
of negotiable order of withdrawal (NOW)
and automatic transfer service (ATS) accounts at depository institutions,
credit union share draft accounts and demand deposits
at thrift institutions. Seasonally adjusted M1 is calculated by summing
currency, travelers checks, demand deposits, and
OCDs, each seasonally adjusted separately.
2. Consists of M1 plus savings deposits (including money market deposit
accounts), small-denomination time deposits (time
deposits-including retail RPs-in amounts of less than $100,000), and balances
in retail money market mutual funds. Excludes
individual retirement account(IRA) and Keogh balances at depository
institutions and money market funds. Seasonally adjusted
M2 is computed by summing savings deposits, small denomination time deposits,
and retail money fund balances, each seasonally
adjusted separately, and adding this result to seasonally adjusted M1.
3. Consists of M2 plus large-denomination time deposits (in amounts of $100,000
or more), balances in institutional money
funds, RP liabilities (overnight and term) issued by all depository
institutions, and Eurodollars (overnight and term) held
by U.S. residents at foreign branches of U.S. banks worldwide and at all
banking offices in the United Kingdom and Canada.
Excludes amounts held by depository institutions, the U.S. government, money
funds, and foreign banks and official institutions.
Seasonally adjusted M3 is calculated by summing large time deposits,
institutional money fund balances, RP liabilities, and
Eurodollars, each adjusted separately, and adding this result to seasonally
adjusted M2.
4. Debt: The debt aggregate is the outstanding credit market debt of the domestic
nonfinancial sectors--the federal sector
(U.S. government, not including government-sponsored enterprises or federally
related mortgage pools) and the nonfederal
sectors (state and local governments, households and nonprofit organizations,
nonfinancial corporate and nonfarm noncorporate
businesses, and farms). Nonfederal debt consists of mortgages, tax-exempt and
corporate bonds, consumer credit, bank loans,
commercial paper, and other loans. The data, which are derived from the
Federal Reserve Board's flow of funds accounts,
are break-adjusted (that is, discontinuities in the data have been smoothed

into the series) and month-averaged(that is,
the data have been derived by averaging adjacent month-end levels). The
presentation of the debt data in this release
differ, therefore, from the quarterly flow of funds statistics contained in
the Federal Reserve releases Z.7 and Z.1.
In those releases, published levels of credit market debt are measured on a
quarter-end basis and contain discontinuities.
Note: Current and historical H.6 data are available each week on the Federal
Reserve Board's web site (http://www.federalreserve.gov).
Monthly data are available back to January 1959, and weekly data are available
back to January 1975 for most series. For information
about individual copies or subscriptions, contact Publication Services at the
Federal Reserve Board (phone 202-452-3245, fax
202-728-5886). For paid electronic access to current and historical data, call
STAT-USA at 1-800-782-8872 or 202-482-1986.
1

H.6 (508)
Table 3
MONEY STOCK MEASURES
Billions of Dollars
--------------------------------------------------------------------------------------------------------------------------------------------------M1
M2
M3
--------------------------------------------------------------------------------------------------------------------------------------------------Period Ending 13-week average 4-week average week average 13-week average 4week average week average 13-week average 4-week average week average
--------------------------------------------------------------------------------------------------------------------------------------------------Seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------------------2001-July 30
1124.6
1134.6
1144.3
5211.8
5252.9
5264.4
7623.3
7678.3
7678.0

5263.1

Aug.

5268.9
5277.4
5284.7

5291.6
5301.5
5356.7

Sep.

6

5275.2
13
5279.4
20
5290.4
27
5293.9
3

5302.7
10
5319.0
17
5511.3
24

1126.9
7636.9
1128.9
7648.0
1130.6
7654.6
1132.6
7661.9

1139.2
7682.4
1138.3
7679.1
1138.8
7671.0
1139.6
7672.5

1138.6
7676.9
1129.6
7673.8
1142.7
7655.2
1147.4
7684.0

5221.1

1135.7
7669.3
1137.9
7676.6
1149.9
7696.1
1154.7

1148.3
7681.6
1150.9
7690.9
1185.2
7753.1
1194.9

1173.4
7713.4
1140.1
7710.9
1280.0
7904.1
1185.9

5256.5

5230.4
5239.0
5248.4

5266.0
5287.8
5302.2

5384.8

5408.9

Oct.

5425.8
5394.2
5391.7

5406.1

7714.1

7800.2

7872.5

5399.2
8
5386.5
15p
5385.0
22p
5396.0

1158.0
7727.5
1160.4
7743.6
1161.6
7758.3
1163.1
7773.5

1195.9
7835.3
1198.9
7875.1
1166.0
7868.6
1159.5
7871.8

1177.7
7853.7
1152.1
7870.0
1148.1
7878.0
1160.2
7885.3

1

5314.5
5326.2
5336.1
5346.9

--------------------------------------------------------------------------------------------------------------------------------------------------Not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------------------2001-July 30
1122.4
1133.2
1149.0
5189.6
5225.5
5207.9
7586.3
7619.5
7590.8
Aug.
5232.3

5270.7
13
5270.9
20
5268.8
27
5249.7

5239.9
5254.6
5265.0
Sep.
5271.3

5348.0
5373.9
Oct.
5400.5
5368.3
5369.5

3
5295.6
10
5336.9
17
5509.6
24
5353.4

5287.8

5389.0

6

1
5355.9
8
5383.1
15p
5380.7
22p
5358.1

1125.0
7597.5
1127.1
7607.4
1129.2
7613.0
1131.5
7618.7

1135.8
7621.7
1135.0
7623.0
1136.7
7622.9
1136.8
7631.5

1133.4
7641.3
1123.2
7647.2
1141.0
7612.1
1149.5
7625.5

5198.5

1134.9
7623.4
1137.1
7629.0
1148.6
7648.3
1152.8
7665.3

1147.3
7641.6
1150.1
7656.1
1182.3
7722.4
1188.9
7761.1

1175.6
7681.6
1134.1
7705.0
1269.8
7877.5
1176.2
7780.2

5233.8

1155.0
7677.9
1156.5
7692.8
1157.6
7708.9
1159.3
7725.4

1189.8
7781.7
1191.9
7812.1
1159.6
7805.7
1154.6
7817.3

1178.9
7764.1
1142.8
7826.7
1140.4
7851.8
1156.4
7826.6

5293.4

5207.8
5217.3
5226.7

5243.7
5266.5
5281.4

5304.1
5314.9
5326.3

---------------------------------------------------------------------------------------------------------------------------------------------------

Note: Special caution should be taken in interpreting week-to-week changes in
money supply data, which are highly volatile and subject to revision.
p -- indicates preliminary data.
1

H.6 (508)
Table 4
SEASONALLY ADJUSTED COMPONENTS OF M1
Billions of dollars
----------------------------------------------------------------------------------------------------------------------------------------Other Checkable Deposits
-----------------------------------------------------Date
Currency1
Travelers checks2
Demand Deposits3
At comm. banks4
At thrift inst.5
Total
----------------------------------------------------------------------------------------------------------------------------------------2000-May
518.7
8.3
336.5
135.8
107.3
243.2
June
520.9
8.8
333.5
134.3
107.7
242.0
July
132.0
133.3

Aug.
Sep.

132.3

522.4
107.6
107.2

133.2

Nov.
Dec.

134.7

526.3
105.5
104.9

527.6
529.9

May

240.1
238.1

108.3

537.7
539.8

113.0

241.9
241.5

114.5

9.3

326.1

8.9

323.2

8.4

321.4

8.0

313.5

8.0

311.3

8.1

315.0

8.0

313.1

7.9

316.1

7.8

312.4

8.0

311.7

249.1
542.4

115.4

332.0

239.0

534.5
105.2

Apr.
137.0

240.5

9.3

239.2

104.3

2001-Jan.
136.7
Feb.
133.2
Mar.
136.1

139.6

524.7

106.9
Oct.

134.7

523.5

239.6

545.8

255.0
251.4

June

548.1

137.4

119.0
July

140.1
136.8

553.7
120.2

Aug.

120.7

Sep.

136.7

8.2

310.0

8.6

312.8

8.8

314.4

8.4

360.9

8.7

315.6

8.5

331.2

8.5

310.7

8.4

446.2

8.4

353.5

8.4

343.2

8.4 e

324.2

8.4 e

321.1

8.4 e

329.5

256.4

562.4
567.8

120.8

260.3
257.5
257.5

Week Ending:
2001-Aug. 27
141.7
Sep.
145.1

3
10

133.5

17

134.2

24

137.3

135.3
137.6
140.9

258.4
565.7

122.9
121.9
123.2

565.5
568.0
569.3

117.3
Oct.

138.3

564.7
116.7

1
8
15p
22p

268.0
255.5
257.3
254.7

569.4
118.5
113.5
110.5
109.7

570.6
570.5
571.6

256.8
248.9
248.2
250.6

----------------------------------------------------------------------------------------------------------------------------------------1. Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of
depository institutions.
2. Outstanding amount of U.S. dollar-denominated travelers checks of nonbank
issuers. Travelers checks issued by depository institutions are
included in demand deposits.
3. Demand deposits at commercial banks and foreign-related institutions other
than those due to depository institutions, the U.S. government
and foreign banks and official institutions, less cash items in the process of
collection and Federal Reserve float.
4. Consists of NOW and ATS balances at commercial banks, U.S. branches and

agencies of foreign banks, and Edge Act corporations.
5. Consists of NOW and ATS balances at thrifts, credit union share draft
balances, and demand deposits at thrifts.
e -- indicates estimated data.

p -- indicates preliminary data.

1

H.6 (508)
Table 5
SEASONALLY ADJUSTED COMPONENTS OF NON-M1 M2
Billions of dollars
-----------------------------------------------------------------------------------------------------------------------------------------Savings Deposits1
Smalldenomination time deposit2
-------------------------------------------------------------------------------Retail
Date
At thrift

At comm.
At thrift
Total
At comm.
money
Total
banks
insts.
banks
insts.
funds
Non-M1 M2
-----------------------------------------------------------------------------------------------------------------------------------------2000-May
1322.2
452.5
1774.7
666.8
327.5
994.3
890.9
3659.9
June
1331.4
452.1
1783.5
676.0
329.6
1005.6
893.5
3682.5
Total

July
333.0
337.0

Aug.
Sep.

339.5

1014.3
1023.4
1028.8

Oct.
342.2
344.8

Nov.
Dec.

346.6

2001-Jan.
349.8
Feb.
350.4
Mar.
349.3

1033.6
1039.3
1046.2

1052.5
1050.3
1045.1

1345.3
892.6
1362.1
898.3
1383.6
906.8

452.4
3704.5
454.8
3738.6
454.8
3774.0

1797.7

681.3

1816.9

686.4

1838.4

689.2

1389.3
916.0
1402.7
922.6
1421.7
937.2

456.4
3795.3
455.0
3819.6
451.9
3856.9

1845.7

691.5

1857.7

694.5

1873.5

699.5

1438.0
953.2
1467.6
960.1
1491.7
979.8

452.0
3895.7
462.1
3940.1
471.2
3987.9

1890.0

702.7

1929.7

699.9

1962.9

695.8

Apr.

1517.2
994.6
1540.2
984.8
1564.6
994.7

475.4
4028.7
488.3
4053.8
498.6
4091.6

1992.6

691.0

2028.5

686.6

2063.2

680.6

508.5
4118.1
519.4
4143.9
529.9
4203.5

2089.4

672.1

2132.8

667.0

2185.5

661.2

1006.0

1580.9
1006.4
1613.3
997.6
1655.6
1012.0

2001-Aug. 27
346.1
1011.8

1611.5
997.7

525.5
4146.5

2137.0

665.7

1596.8
1001.7
1647.2
998.0
1691.2
1003.8
1658.8
1023.5

521.0
4129.3
525.1
4178.9
530.4
4231.2
533.5
4220.2

2117.8

664.2

2172.3

663.6

2221.6

661.3

2192.3

660.1

1652.2
1030.0
1664.1
1029.8
1672.5
1027.0
1671.9
1025.2

536.7
4221.5
540.1
4234.5
540.6
4236.9
545.5
4235.9

2188.9

658.2

2204.2

657.2

2213.1

657.0

2217.5

654.2

350.5
353.9

1041.5

May

1040.4

June

353.1

1033.7
July

350.2
346.6

1022.3

Aug.

1013.5

Sep.

344.7

Week ending:

345.6

Sep.

345.1
344.5
344.4

344.5
343.3
339.9
339.0

Oct.

3

1009.8
10
1008.6
17
1005.8
24
1004.5
1

1002.7
8
1000.5
15p
996.9
22p
993.2

-----------------------------------------------------------------------------------------------------------------------------------------1. Savings deposits include money market deposit accounts.
2. Small denomination time deposits--including retail RPs--are those issued in
amounts of less than $100,000. All IRA and Keogh account balances
at commercial banks and thrifts are subtracted from small time deposits.

p -- indicates preliminary data.
1

H.6 (508)
Table 6
SEASONALLY ADJUSTED COMPONENTS OF NON-M2 M3 AND DEBT
Billions of dollars
---------------------------------------------------------------------------------------------------------------------------------------Large-denomination time deposits1
Institutional -------------------------------------Debt components5
Date
money
At commercial
At thrift
Total
------------------------funds
banks2
institutions
Total
RPs3
Eurodollars4 Non-M2 M3
Federal
Non-Federal
----------------------------------------------------------------------------------------------------------------------------------------2000-May
673.0
680.8
93.7
774.5
352.4
190.8
1990.7
3546.3
14206.5
359.3

June

190.6

683.9
2019.8

690.6
3521.9

14312.5

95.5

786.1

187.2

705.9
2049.6

696.1
3510.8

14390.2

98.0

794.1

189.6

721.7
2079.7

707.2
3488.8

100.1
14474.9

807.3

192.5

738.9
2101.4

704.8
3474.4

101.6
14567.4

806.4

191.9

745.4
2104.3

699.3
3445.1

103.3
14645.4

802.6

753.6
2117.0

703.5
3418.9

103.7
14747.5

807.2

194.9
197.1

769.3
2163.4

726.5
3400.4

103.2
14849.4

829.7

802.3
2215.0

740.3
3380.7

106.1
14919.1

846.4

201.3
212.9

860.2
2241.4

704.9
3372.9

106.7
15006.9

811.5

July
362.4
361.2

Aug.
Sep.

363.6

364.3

Oct.
Nov.

361.3
367.3

Dec.

2001-Jan.
365.0
356.9

Feb.

Mar.

889.4
2251.3

677.3
3376.8

106.9
15097.0

784.2

226.1

220.1

921.0
2322.6

698.3
3349.2

108.8
15204.5

807.1

972.7
2385.3

706.5
3305.9

110.7
15351.0

817.2

217.8
214.8

1008.5
2423.3

712.1
3313.7

109.9
15438.0

821.9

1015.3
2425.9

705.4
3327.9

111.7
15475.3

817.1

219.3
216.6

997.6
2390.1

690.9
3349.0 p

114.4
15540.7 p

805.3

1041.6
2423.6

688.6

115.6

804.2

219.8

2001-Aug. 27
366.8
212.4

1008.2
2390.1

687.6

115.0

802.7

Sep.

3
219.6

1020.1
2410.7

694.2

115.1

809.3

10
216.5

1004.7
2391.9

697.2

115.4

812.6

358.1
356.9

17
221.3

1008.8
2392.9

690.5

115.4

805.9

24
223.1

1089.4
2466.4

676.9

115.4

792.4

361.5

1
218.0

1079.2
2454.5

687.6

116.4

804.0

8
218.0

1100.2
2483.4

700.0

116.1

816.1

351.7

374.3

Apr.
May

377.6
378.1

June

July
374.3
370.6

Aug.
Sep.

358.0

Week ending:

361.6

353.2
349.1

Oct.

350.4

15p
215.0

1111.0
2493.0

701.1

115.5

816.6

22p
213.6

1110.1
2489.3

695.8

116.1

812.0

353.6

----------------------------------------------------------------------------------------------------------------------------------------1. Large-denomination time deposits are those issued in amounts of $100,000 or
more, excluding those booked at international banking facilities.
2. Large-denomination time deposits at commercial banks less those held by money
market mutual funds, depository institutions, U.S. government,
and foreign banks and official institutions.
3. Overnight and term RPs of $100,000 or more issued by depository institutions,
excluding those held by depository institutions and by money funds.
4. Overnight and term Eurodollars issued to U.S. addressees by foreign branches
of U.S. banks worldwide and by all banking offices in the United
Kingdom and Canada, excluding those held by depository institutions and by
money funds.
5. Debt data are on a monthly average basis, derived by averaging adjacent endof-month levels, and have been adjusted to remove discontinuities.
p -- indicates preliminary data

e -- indicates estimated data

1

H.6 (508)
Table 7
NOT SEASONALLY ADJUSTED COMPONENTS OF M1
Billions of dollars
----------------------------------------------------------------------------------------------------------------------------------------Other Checkable Deposits
-----------------------------------------------------Date
Currency1
Travelers checks2
Demand Deposits3
At comm. banks4
At thrift inst.5
Total
----------------------------------------------------------------------------------------------------------------------------------------2000-May
518.7
8.4
331.0
135.6
106.7
242.3
June
521.0
8.7
331.1
134.3
107.6
241.9

130.7

July
Aug.

107.5

523.1
522.5

238.1

8.9

333.7

8.9

325.9

131.9
131.0

133.5
132.6
135.9

106.6
Sep.

106.1

Oct.

105.3

Nov.

105.6

Dec.

106.6

2001-Jan.
138.9
Feb.
132.9
Mar.
136.4

142.4
136.8
137.4

138.7
135.4
135.3

105.2
106.3
112.4

Apr.

117.2

May

113.7

June

119.1

July

120.0

Aug.

120.2

Sep.

119.9

238.5
523.3

524.9
528.2
535.2

532.3
536.2
539.8

542.9
545.9
548.8

554.4
561.7
566.0

237.1

238.8
238.2
242.5

244.1
239.2
248.7

259.5
250.5
256.5

258.7
255.6
255.3

8.7

321.4

8.4

321.5

8.2

318.8

8.1

326.6

8.2

315.1

8.2

304.1

8.0

311.0

7.9

312.4

8.0

306.5

8.0

308.8

8.2

314.0

8.4

314.7

8.3

359.9

8.3

321.3

8.3

334.6

8.3

307.4

8.3

441.6

8.3

350.1

Week Ending:
2001-Aug. 27
141.3

144.3
131.7
132.6
136.1

Sep.

3
10
17
24

116.5

123.6
121.7
121.3
115.7

562.0

564.9
565.1
566.1
566.0

257.8

267.9
253.3
253.9
251.8

137.5

Oct.

1
8

133.0

15p

135.4

22p

139.7

118.6
113.5
109.4
109.1

566.3
570.9
569.6
569.6

256.1
246.5
244.8
248.8

8.3

348.2

8.3 e

317.1

8.3 e

317.7

8.4 e

329.5

----------------------------------------------------------------------------------------------------------------------------------------1. Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of
depository institutions.
2. Outstanding amount of U.S. dollar-denominated travelers checks of nonbank
issuers. Travelers checks issued by depository institutions are
included in demand deposits.
3. Demand deposits at commercial banks and foreign-related institutions other
than those due to depository institutions, the U.S. government
and foreign banks and official institutions, less cash items in the process of
collection and Federal Reserve float.
4. Consists of NOW and ATS balances at commercial banks, U.S. branches and
agencies of foreign banks, and Edge Act corporations.
5. Consists of NOW and ATS balances at thrifts, credit union share draft
balances, and demand deposits at thrifts.
e -- indicates estimated data.

1

p -- indicates preliminary data.

H.6 (508)
Table 8
NOT SEASONALLY ADJUSTED COMPONENTS OF NON-M1 M2
Billions of dollars
-----------------------------------------------------------------------------------------------------------------------------------------Savings Deposits1
Smalldenomination time deposit2
-------------------------------------------------------------------------------Retail
Date
At thrift

At comm.
At thrift
Total
At comm.
money
Total
banks
insts.
banks
insts.
funds
Non-M1 M2
-----------------------------------------------------------------------------------------------------------------------------------------2000-May
1318.6
451.3
1769.8
664.8
326.5
991.3
882.3
3643.4
June
1332.5
452.5
1785.0
672.7
328.0
1000.7
880.9
3666.6
Total

1345.1
874.3
1357.1
891.8
1381.2
900.6

452.3
3683.6
453.1
3724.2
454.1
3764.8

1797.4

679.6

1810.3

685.5

1835.3

689.3

1379.9
907.0
1398.4
912.2
1426.4
935.0

453.3
3775.4
453.7
3805.7
453.4
3861.3

1833.2

692.5

1852.1

695.9

1879.8

699.8

1435.7
963.5
1459.3
978.8
1498.6
1007.9

451.3
3904.8
459.5
3951.5
473.4
4027.7

1887.0

703.9

1918.9

702.2

1972.0

697.6

1542.3
1019.6
1535.8
976.0
1567.2
980.2

483.3
4087.5
486.9
4035.7
499.4
4074.9

2025.6

691.5

2022.7

684.3

2066.6

677.0

508.1
4091.8
517.5
4126.1
529.3
4193.1

2087.5

670.4

2124.7

666.2

1006.3

1579.4
984.7
1607.2
989.0
1653.5
1004.0

2182.8

661.5

2001-Aug. 27
345.8
1010.9

1580.8
993.0

515.5
4100.2

2096.3

665.1

1595.8
993.8
1667.6
994.7

520.7
4120.0
531.6
4202.8

2116.5

664.1

2199.2

663.7

332.2
336.6
339.6

342.7
345.5
346.8

July

1011.9

Aug.

1022.1

Sep.

1028.9

Oct.

1035.2

Nov.

1041.4

Dec.

1046.6

2001-Jan.
350.4
Feb.
351.6
Mar.
350.2

350.7
352.7
351.2

349.2
346.2
344.8

1054.3
1053.8
1047.8

Apr.

1042.3

May

1037.0

June

1028.1

July

1019.6

Aug.

1012.4

Sep.

Week ending:

Sep.
345.6
345.2

3
1009.7
10
1008.8

17
1006.1
24
1004.7

344.6
344.4
Oct.
344.8

1
1003.6
8
1002.4
15p
998.4
22p
994.5

343.9
340.4
339.5

1700.6
999.8
1633.9
1013.1

533.3
4239.8
525.5
4177.2

2233.9

661.4

2159.3

660.3

1629.8
1014.2
1677.5
1015.8
1679.8
1019.2
1651.1
1017.4

529.5
4177.1
544.5
4240.3
543.0
4240.3
538.8
4201.8

2159.2

658.8

2222.0

658.5

2222.7

658.0

2189.9

655.1

-----------------------------------------------------------------------------------------------------------------------------------------1. Savings deposits include money market deposit accounts.
2. Small denomination time deposits--including retail RPs--are those issued in
amounts of less than $100,000. All IRA and Keogh account balances
at commercial banks and thrifts are subtracted from small time deposits.
p -- indicates preliminary data.

1

H.6 (508)
Table 9
NOT SEASONALLY ADJUSTED COMPONENTS OF NON-M2 M3 AND DEBT
Billions of dollars
------------------------------------------------------------------------------------------------------------------------------------------------------------Large-denomination time deposits1
RPs3
Institutional -------------------------------------------------------------------Debt components5
Date
money
At commercial
At thrift
At
commercial At thrift
Total
------------------------funds
banks2
institutions
Total
banks2
institutions Total
Eurodollars4 Non-M2 M3
Federal
Non-Federal
------------------------------------------------------------------------------------------------------------------------------------------------------------2000-May
664.1
686.3
94.5
780.8
299.1
58.2
357.3
193.1
1995.3
3514.0
14172.3
June
304.8

58.0

July

670.0
362.8

693.3
190.8

685.7

694.6

95.9
2012.7

789.2
3475.5

97.8

14287.3

792.4

303.1

58.8

361.9

184.6

2024.6

61.0

710.6
360.6

702.6
187.5

2060.7

60.7

722.5
360.3

700.4
190.2

101.0
801.4
2074.3
3426.4
14542.1

59.6

735.9
359.2

696.3
190.5

102.8
799.1
2084.7
3395.3
14631.9

58.3

757.4
360.5

704.6
194.1

103.8
808.5
2120.4
3401.2
14732.6

306.1

58.2

787.2
364.2

725.8
199.5

103.1
828.9
2179.8
3403.5
14835.8

2001-Jan.
306.7

57.7

829.2
364.4

734.0
203.2

105.1
839.2
2235.9
3373.2
14922.2

59.9

890.3
361.5

705.3
214.1

106.7
812.0
2277.8
3368.7
15001.3

58.2

907.1
354.5

682.7
227.2

107.7
790.5
2279.2
3392.5
15071.5

59.3

916.9
370.9

703.2
220.7

109.6
812.7
2321.3
3342.7
15171.3

59.7

958.9
382.8

712.3
219.8

111.6
823.9
2385.4
3267.9
15309.4

58.7

986.9
382.9

715.2
215.3

110.4
825.5
2410.6
3260.4
15406.8

58.3

988.0
374.2

703.6
216.7

111.4
815.0
2393.9
3257.7
15457.2

56.4

983.7
370.2

686.8
214.3

113.7
800.6
2368.7
3291.0 p
15514.8 p

50.0

1020.1
355.3

683.9
217.3

114.8
2391.5

Aug.
299.6
299.5

Sep.

Oct.
299.6
302.2

Nov.
Dec.

Feb.
301.6
296.3

Mar.

Apr.
311.6
323.1

May
June

324.2

315.9

July
Aug.

313.9
305.3

Sep.

3448.3
99.4

14373.7
802.0

3437.6

14450.5

798.7

Week ending:
2001-Aug. 27
308.5
55.9

Sep.

1002.7
364.5

681.7
212.9

114.1
2375.8

795.7

3
53.7

1003.4
361.1

689.6
217.6

114.3
2386.0

803.9

307.4
303.2

10
53.5

992.3
356.7

692.0
212.6

114.5
2368.0

806.5

17
51.3

993.8
355.7

685.0
218.9

114.5
2367.9

799.5

304.4
310.0

24
48.3

1060.6
358.4

673.0
220.2

114.8
2426.9

787.7

1
44.7

1044.4
346.8

683.7
217.5

115.8
2408.2

799.5

302.1
294.7

8
47.8

1071.7
342.5

698.2
215.5

115.8
2443.6

813.9

15p
48.1

1098.8
345.6

697.9
213.8

115.0
2471.1

812.9

297.5
299.3

22p
49.7

1100.8
349.0

691.3
212.0

115.4
2468.5

806.7

Oct.

----------------------------------------------------------------------------------------------------------------------------------------- ----------------------1. Large-denomination time deposits are those issued in amounts of $100,000 or
more, excluding those booked at international banking facilities.
2. Large-denomination time deposits at commercial banks less those held by money
market mutual funds, depository institutions, U.S. government,
and foreign banks and official institutions.
3. Overnight and term RPs of $100,000 or more issued by depository institutions,
excluding those held by depository institutions and by money funds.
4. Overnight and term Eurodollars issued to U.S. addressees by foreign branches
of U.S. banks worldwide and by all banking offices in the United
Kingdom and Canada, excluding those held by depository institutions and by
money funds.
5. Debt data are on a monthly average basis, derived by averaging adjacent end-

of-month levels, and have been adjusted to remove discontinuities.
p -- indicates preliminary data

e -- indicates estimated data

1

H.6 (508)
Table 10
MEMORANDUM ITEMS
Billions of dollars, not seasonally adjusted
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------U.S.
IRA and Keogh

government deposits
Accounts

Demand deposits
Time and
--------------------------------------------------------------------------------------------------------------at banks due to
savings
Time and
Date
--------------------------- deposits due to
Demand
Balance
Note
savings
Foreign
Foreign
foreign banks deposits at
at
balances at
Total
deposits at
commercial
official
and official
commercial
Federal
depository
cash
commercial
At commercial
At thrift
At money
banks
institutions institutions
banks
Reserve
institutions1
balance
banks
banks
institutions market funds
Total
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------2000-May
9.1
1.2
28.6
1.5
7.1
57.5
66.0
5.6
150.2
92.5
140.9
383.6
June
9.4
1.3
29.5
2.3
6.2
37.0
45.6
5.7
151.7
92.5
140.3
384.4
July
5.2
386.0
5.0
388.3

Aug.

9.2
43.8

1.3
5.8

29.8
153.1

92.6

9.5

8.6
15.7

1.2
6.0

29.5
154.3

92.8

22.0

8.0
31.1

1.2
6.2

29.2
155.6

93.1

13.2

8.2
20.0

1.2
6.3

29.4
156.3

93.2

Sep.

6.7
390.5

5.3
391.7

37.4

Oct.

1.2
140.4
1.1

141.1

2.5
141.9

1.4

142.2

Nov.
5.1
392.0
5.8
392.2

Dec.

10.6

9.0
16.9

1.4
6.3

29.9
156.6

93.3

11.6

9.9
18.9

1.6
6.3

30.5
156.8

93.3

9.5
45.7

1.5
6.8

32.1
157.7

93.9

8.4
22.1

1.4
7.4

34.2
158.8

95.0

7.3
13.0

1.3
8.1

36.4
160.0

96.2

6.9
29.4

1.2
8.7

35.5
160.7

96.4

7.3
31.9

1.2
9.2

31.8
161.0

95.9

7.7
22.8

1.1
9.7

28.1
161.2

95.3

7.8 e
26.1

1.0 e
9.9 e

26.5 e
161.5 e

1.1
95.2 e

142.1

7.8 e
32.8

1.0 e
9.9 e

26.5 e
162.0 e

1.1
95.3 e

142.1

7.8 e
28.4

1.3 e
9.9 e

26.5 e
162.4 e

2.1
95.5 e

142.1

2001-Jan.
6.7
36.5
e
393.6 e
Feb.
4.9
16.0
e
395.9 e
Mar.
5.4
6.4
e
398.3 e

5.9
e
5.1
e
5.6
e

Apr.

18.8
399.2 e
May
25.7
398.9 e
June
15.2
398.6 e
July

5.1
e
5.0
e
6.6
e

19.9
398.8 e
Aug.
26.7
399.4 e
Sep.
19.6
399.9 e

2001-Aug. 27
5.1
45.1

Sep.

51.3

5.4

3
22.1

28.5

5.1

10
4.3

10.8

1.2
142.1
1.5

142.1

2.6
142.1
1.2

142.1

1.2
142.1

4.7

142.1

1.1
142.1
2.0

1.1

1.0
1.5

142.1

5.9

17
12.4

21.1

7.5

24
35.6

45.9

9.0

1
37.4

48.3

5.4

8
23.6

31.5

4.7

15p
23.2

30.7

5.3

22p
32.3

40.2

Oct.

2.8
2.9

1.9
2.5
2.9
2.5

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------1. Source: Daily Treasury statement.
e -- indicates estimated data
p -- indicates preliminary data