Financial and Business Statistics - Illustration - Statistical Data Included

Federal Reserve Bulletin, Jan, 2000

1.10 RESERVES, MONEY STOCK, AND DEBT MEASURES
Percent annual rate of change, seasonally adjusted(1)

                                      1998         1999
  Monetary or credit aggregate
                                       Q4       Q1        Q2

   Reserves of depository
    institutions(2)
 1 Total                              -1.8   -1.2      -6.6
 2 Required                           -2.5    1.0      -5.6
 3 Nonborrowed                         0.6   -1.3      -6.7
 4 Monetary base(3)                    8.7    9.1      10.1

   Concepts of money and debt(4)
 5 M1                                  5.0    2.8       3.5
 6 M2                                 11.0    7.2       5.7(r)
 7 M3                                 12.9    7.6       5.8(r)
 8 Debt                                6.3    6.6(r)    6.8

   Nontransaction components
 9 In M2(5)                           13.0    8.7       6.4
10 In M3 only(6)                      18.4    8.6       5.9

   Time and savings deposits
   Commercial banks
11  Savings including MMDAs           17.6   11.6       9.7
12  Small time(7)                       .3   -5.5      -3.3
13  Large time(8,9)                    3.8    -.3      -3.2

   Thrift institutions
14  Savings including MMDAs           10.1   12.8      14.6
15  Small time(7)                     -6.7   -6.5      -7.9
16  Large time(8)                     10.4    7.6      -7.0

   Money market mutual funds
17 Retail                             28.5   20.5      10.7(r)
18 Institution-only                   41.8   17.9      14.5

   Repurchase agreements and
    Eurodollars
19 Repurchase agreements(10)          18.9   14.1      -2.7
20 Eurodollars(10)                     3.2    -.8      32.0

   Debt components(4)
21 Federal                            -2.8   -3.1      -2.3
22 Nonfederal                          9.2    9.5(r)    9.5

                                                1999
  Monetary or credit aggregate
                                     Q3(r)     June      July(r)

   Reserves of depository
    institutions(2)
 1 Total                             -15.4    -40.4       -24.9
 2 Required                          -15.0    -41.7       -20.3
 3 Nonborrowed                       -17.1    -41.0       -29.6
 4 Monetary base(3)                    8.5      6.2         8.0

   Concepts of money and debt(4)
 5 M1                                 -2.3     -4.0        -1.7
 6 M2                                  5.2      4.3(r)      5.5
 7 M3                                  5.7      6.4(r)      5.1
 8 Debt                                5.7      5.4         5.3

   Nontransaction components
 9 In M2(5)                            7.6      7.1(r)      7.9
10 In M3 only(6)                       7.1     11.9         4.1

   Time and savings deposits
   Commercial banks
11  Savings including MMDAs           11.7     12.1        14.0
12  Small time(7)                      1.3     -2.0         1.2
13  Large time(8,9)                    7.2     -7.4        21.3

   Thrift institutions
14  Savings including MMDAs           15.0     18.5        19.0
15  Small time(7)                     -5.1    -14.4        -4.6
16  Large time(8)                      4.1     -1.4        10.9

   Money market mutual funds
17 Retail                              6.9      8.7(r)      1.9
18 Institution-only                    7.5      7.7        -4.6

   Repurchase agreements and
    Eurodollars
19 Repurchase agreements(10)          15.3     53.2         -.4
20 Eurodollars(10)                    -7.2     22.5       -17.8

   Debt components(4)
21 Federal                             -.3       .3         1.4
22 Nonfederal                          7.4      6.9(r)      6.4

                                               1999
  Monetary or credit aggregate
                                   Aug.(r)   Sept.(r)    Oct.

   Reserves of depository
    institutions(2)
 1 Total                             2.5        1.3     -33.3
 2 Required                          1.1        0.6     -33.0
 3 Nonborrowed                       1.6        1.5     -31.9
 4 Monetary base(3)                  7.1       11.3      16.5

   Concepts of money and debt(4)
 5 M1                                3.2       -9.8       5.5
 6 M2                                5.7        4.9       5.0
 7 M3                                5.2        6.7      10.3
 8 Debt                              6.2        6.5      n.a.

   Nontransaction components
 9 In M2(5)                          6.4        9.5       4.8
10 In M3 only(6)                     4.0       11.5      24.9

   Time and savings deposits
   Commercial banks
11  Savings including MMDAs          8.0       14.4       4.2
12  Small time(7)                    3.3        7.4       6.6
13  Large time(8,9)                 -5.1       28.6      62.4

   Thrift institutions
14  Savings including MMDAs          4.2        4.5      -3.9
15  Small time(7)                    1.2        3.5       4.6
16  Large time(8)                    5.4       10.8      -8.0

   Money market mutual funds
17 Retail                            9.9        8.7       9.6
18 Institution-only                 22.9        6.3      25.1

   Repurchase agreements and
    Eurodollars
19 Repurchase agreements(10)         6.2       -1.9     -12.0
20 Eurodollars(10)                 -32.6        0.7     -14.9

   Debt components(4)
21 Federal                           1.0       -4.2      n.a.
22 Nonfederal                        7.6        9.5      n.a.