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Demand Deposits (DEMDEPNS)

Observations

Nov 2025: 6,204.4
Updated: Dec 23, 2025 12:01 PM CST
Nov 2025:  6,204.4  
Oct 2025:  5,667.6  
Sep 2025:  5,649.0  
Aug 2025:  5,622.7  
Jul 2025:  5,587.5  

Units:

Billions of Dollars,
Not Seasonally Adjusted

Frequency:

Monthly

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Notes

Title Release Dates
Demand Deposits at Commercial Banks 1996-12-12 2006-03-08
Demand Deposits 2006-03-09 2025-12-23
 
Source    
Board of Governors of the Federal Reserve System (US) 1996-12-12 2025-12-23
 
Release    
H.6 Money Stock, Liquid Assets, and Debt Measures 1996-12-12 1998-12-09
H.6 Money Stock and Debt Measures 1998-12-10 2002-05-01
H.6 Money Stock Measures 2002-05-02 2025-12-23
 
Units    
Billions of Dollars 1996-12-12 2025-12-23
 
Frequency    
Monthly 1996-12-12 2025-12-23
 
Seasonal Adjustment    
Not Seasonally Adjusted 1996-12-12 2025-12-23
 
Notes    
For consistency, values have been rounded to one decimal place and therefore may differ slightly from values in the H.6. press release.

Further information and definitions are available at: http://research.stlouisfed.org/publications/mt/.

1996-12-12 2006-03-08
The demand deposits component of M1 is defined as total demand deposits at commercial banks and foreign related institutions other than those due to the U.S. government, U.S. and foreign depository institutions, and foreign official institutions. In order to avoid double counting those deposits that are simultaneously on the books of two depository institutions, the demand deposit component of M1 excludes cash items in the process of collection (CIPC) and Federal Reserve float. Demand deposits due to depository institutions in the United States and the U.S. government, as well as other demand deposits and CIPC are reported on the FR 2900 and, for institutions that do not file the FR 2900, are estimated using data reported on the Call Reports. Demand deposits held by foreign banks and foreign official institutions are estimated using data reported on the Call Reports. Federal Reserve float is obtained from the consolidated balance sheet of the Federal Reserve Banks, which is published each week in the Federal Reserve Board's H.4.1 statistical release.

2006-03-09 2024-09-23
data source (https://www.federalreserve.gov/apps/ContactUs/feedback.aspx?refurl=/releases/h6/%). For questions on FRED functionality, please contact us here (https://fred.stlouisfed.org/contactus/).

2024-09-24 2025-12-23

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H.6 Money Stock Measures Deposits Commercial Banks Depository Institutions Board of Governors Monthly Nation Public Domain: Citation Requested United States of America Not Seasonally Adjusted