NOTES
| Title | Release Dates | |
|
|
||
| M1 Money Stock | 1996-12-12 | 2021-02-22 |
| M1 | 2021-02-23 | 2023-05-23 |
| Source | ||
|
|
||
| Board of Governors of the Federal Reserve System (US) | 1996-12-12 | 2023-05-23 |
| 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 | 2023-05-23 |
| Units | ||
|
|
||
| Billions of Dollars | 1996-12-12 | 2023-05-23 |
| Frequency | ||
|
|
||
| Monthly | 1996-12-12 | 2023-05-23 |
| Seasonal Adjustment | ||
|
|
||
| Not Seasonally Adjusted | 1996-12-12 | 2023-05-23 |
| 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 |
|
M1 includes funds that are readily accessible for spending. M1 consists of: (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) traveler's checks of nonbank issuers; (3) demand deposits; and (4) other checkable deposits (OCDs), which consist primarily of negotiable order of withdrawal (NOW) accounts at depository institutions and credit union share draft accounts.
|
2006-03-09 | 2021-02-22 |
|
Before May 2020, M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those amounts held by 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 (3) other checkable deposits (OCDs), consisting of negotiable order of withdrawal, or NOW, and automatic transfer service, or ATS, accounts at depository institutions, share draft accounts at credit unions, and demand deposits at thrift institutions. Beginning May 2020, M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those amounts held by 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 (3) other liquid deposits, consisting of OCDs and savings deposits (including money market deposit accounts). Seasonally adjusted M1 is constructed by summing currency, demand deposits, and OCDs (before May 2020) or other liquid deposits (beginning May 2020), each seasonally adjusted separately. For more information on the H.6 release changes and the regulatory amendment that led to the creation of the other liquid deposits component and its inclusion in the M1 monetary aggregate, see the H.6 announcements (https://www.federalreserve.gov/feeds/h6.html) and Technical Q&As (https://www.federalreserve.gov/releases/h6/h6_technical_qa.htm) posted on December 17, 2020. |
2021-02-23 | 2023-05-23 |
RELEASE TABLES
H.6 Money Stock Measures
RELATED CONTENT
Related Resources
