MONTHLY MONEY STOCK MEASURES | |||||
MONTHLY MONEY STOCK MEASURES Daily Average, in billions | % CHANGE Seasonally adj ann rates | ||||
July | June | 3-mth | 6-mth | 12-mth | |
M1 SA | $1,368.8 | $1,366.8 | -3.0 | -0.5 | -0.3 |
M2 SA | 7,269.3 | 7,243.9 | 3.5 | 5.5 | 6.1 |
M1 NSA | 1,365.3 | 1,368.7 | ... | ... | ... |
M2 NSA | 7,256.9 | 7,248.4 | ... | ... | ... |
WEEKLY MONEY STOCK MEASURES | |||||
WEEKLY MONEY STOCK MEASURES Daily Average, in billions | % CHANGE Seasonally adj ann rates* | ||||
Aug. 20 | Aug. 13 | 13-wk | 26-wk | 52-wk | |
M1 SA | $1,349.9 | $1,356.0 | -1.1 | -0.2 | -0.4 |
M2 SA | 7,332.5 | 7,288.9 | 4.5 | 6.1 | 6.2 |
M1 NSA | 1,356.9 | 1,319.5 | ... | ... | ... |
M2 NSA | 7,327.8 | 7,302.6 | ... | ... | ... |
DAILY AVG IN MILLIONS Two weeks ended | % CHANGE IN WEEKLY AVERAGES | ||||
Aug. 29 | Aug. 15 | 13-wk | 26-wk | 52-wk | |
Total reserves | $41,113 | $49,426 | -7.7 | -4.2 | -4.7 |
Nonborrowed reserves* | 39,554 | 49,165 | -21.5 | -11.5 | -7.5 |
Required reserves† | 40,053 | 40,095 | -5.6 | -0.9 | -3.8 |
Excess reserves | 1,060 | 9,331 | -72.6 | -80.4 | -18.7 |
Borrowings from Fed | 1559 | 261 | 5118.6 | 10193.3 | 310.3 |
Free reserves†† | -499 | 9,070 | -568.9 | -257.3 | -154.0 |
Monetary base | 820,556 | 829,447 | 1.7 | 1.9 | 1.9 |
% CHANGE IN WEEKLY AVERAGES | |||||
8/29/2007 | 1-wk chg | 13-wk | 26-wk | 52-wk | |
Reserve bank credit | $849,988 | -1708.0 | -1.8 | -0.8 | 2.6 |
Factors supplying reserve funds | |||||
U.S. Gov't securities bought outright | 784,630 | -4983.0 | -2.8 | 1.3 | 2.5 |
Federal agency issues bought outright | ... | ... | ... | ... | ... |
Repurchase agreements | 24,571 | 1964.0 | -19.9 | -64.6 | 0.7 |
Loans to depository institutions | 1,577 | 36.0 | 4528.1 | 9357.6 | 282.8 |
Primary credit | 1,315 | 115.0 | 87266.7 | 23709.1 | 2428.8 |
Secondary credit | ... | -85.0 | ... | ... | ... |
Seasonal credit | 262 | 6.0 | 459.0 | 2295.2 | -27.4 |
Float | 7 | 762.0 | -402.0 | -203.2 | -103.2 |
Other Federal Reserve assets | 39,203 | 513.0 | 2.3 | 5.6 | 1.2 |
Gold stock | 11,041 | ... | ... | ... | ... |
SDR certificates | 2,200 | 0.0 | ... | ... | ... |
Treasury currency outstanding | 38,633 | 14.0 | 1.6 | 1.6 | 1.6 |
Total factors supplying reserve funds | 901,862 | -1694.0 | -1.6 | -0.7 | 2.5 |
Factors absorbing reserve funds | |||||
Currency in circulation | 809,918 | -1166.0 | -1.8 | 0.8 | 2.1 |
Reverse repurchase agreements | 30,888 | -463.0 | -22.9 | -40.4 | 19.9 |
Treasury cash holdings | 309 | 29.0 | 39.9 | 107.5 | 81.8 |
Deposits with Federal Reserve banks* | 12,289 | 55.0 | 4.8 | 9.1 | -1.1 |
Other Federal Reserve liabilities & capital | 40,717 | 274.0 | 14.7 | 13.9 | 14.2 |
Total factors absorbing reserve funds | 894,122 | -1270.0 | -1.8 | -0.3 | 3.1 |
Reserve balances with Federal Reserve Banks | 7,741 | -423.0 | 16.8 | -39.3 | -37.8 |
Corporations use theseshort-term, promissary notes to raise cash needed for currenttransactions, and often, as a lower-cost alternative to bank loans.Maturities are long as 270 days but average about 30. |
NOT SEASONALLY ADJUSTED (in millions) | SEASONALLY ADJUSTED (in millions) | |||||
Change from | Change from | |||||
Aug-31 | Aug-24 | Year ago | Aug-31 | Aug-24 | Year ago | |
All issuers | $1,953,200 | $-69,800 | $126,900 | $1,979,400 | $-62,800 | $135,700 |
Financial cos. | 777,800 | 6,800 | 53,700 | 781,500 | 3,000 | 45,000 |
Nonfinancial cos. | 188,300 | -9,200 | 43,700 | 197,900 | -6,400 | 49,000 |
Asset-backed | 985,000 | -67,500 | 27,500 | 998,000 | -59,400 | 39,900 |
Other | 2,000 | 100 | 1,800 | 2,000 | ... | 1,800 |
YEAR AGO | ||||
8/22/2007 | Chg from 8/15/2007 | Chg | % Chg | |
Assets | ||||
Loans/leases in bank credit | $6,433.1 | $23.5 | $601.3 | 10.3 |
Commercial and industrial loans | 1,320.3 | 16.1 | 152.6 | 13.1 |
Loans to individuals | 768.6 | -1.3 | 39.8 | 5.5 |
Real estate loans | 3,432.6 | 9.5 | 312.1 | 10.0 |
Home equity loans | 466.2 | 1.3 | 18.7 | 4.2 |
U.S. Government securities | 1,185.4 | -1.3 | -34.3 | -2.8 |
Other securities including municipal issues | 1,169.5 | 31.9 | 173.1 | 17.4 |
Liabilities | ||||
Transaction deposits including NOW accounts | 617.7 | 12.9 | -57.3 | -8.5 |
Savings and other nontransaction deposits | 5,803.0 | 8.7 | 388.4 | 7.2 |
Includes large time deposits of $100,000 or more | 1,827.6 | 5.0 | 168.7 | 10.2 |