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Demand Deposits (DISCONTINUED) (WDDSL)

Observations

2021-02-01: 3,423.6
Updated: Feb 24, 2026 1:57 PM CST
2021-02-01:  3,423.6  
2021-01-25:  3,442.0  
2021-01-18:  3,331.2  
2021-01-11:  3,383.1  
2021-01-04:  3,377.4  

Units:

Billions of Dollars,
Seasonally Adjusted

Frequency:

Weekly,
Ending Monday

Fullscreen

Notes

Title Release Dates
Demand Deposits: Total 1996-12-12 2021-02-10
Demand Deposits (DISCONTINUED) 2021-02-11 2026-02-24
 
Source    
Board of Governors of the Federal Reserve System (US) 1996-12-12 2026-02-24
 
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 2026-02-24
 
Units    
Billions of Dollars 1996-12-12 2026-02-24
 
Frequency    
Weekly, Ending Monday 1996-12-12 2026-02-24
 
Seasonal Adjustment    
Seasonally Adjusted 1996-12-12 2026-02-24
 
Notes    
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.

1996-12-12 2021-02-10
This weekly series is discontinued and will no longer be updated. The non-seasonally adjusted version of this weekly series is WDDNS (https://fred.stlouisfed.org/series/WDDNS), and the seasonally adjusted monthly series is DEMDEPSL (https://fred.stlouisfed.org/series/DEMDEPSL).

Starting on February 23, 2021, the H.6 statistical release is now published at a monthly frequency and contains only monthly average data needed to construct the monetary aggregates. Weekly average, non-seasonally adjusted data will continue to be made available, while weekly average, seasonally adjusted data will no longer be provided. For further information about the changes to the H.6 Statistical Release, see the announcements (https://www.federalreserve.gov/feeds/h6.html) provided by the source.

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.

2021-02-11 2024-09-23
WDDNS (https://fred.stlouisfed.org/series/WDDNS), and the seasonally adjusted monthly series is DEMDEPSL (https://fred.stlouisfed.org/series/DEMDEPSL).

Starting on February 23, 2021, the H.6 statistical release is now published at a monthly frequency and contains only monthly average data needed to construct the monetary aggregates. Weekly average, non-seasonally adjusted data will continue to be made available, while weekly average, seasonally adjusted data will no longer be provided. For further information about the changes to the H.6 statistical release, see the announcements (https://www.federalreserve.gov/feeds/h6.html) provided by the source.

The demand deposits component of M1 is defined as demand deposits at domestically chartered commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations (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 (CIPC) and Federal Reserve float. CIPC and Federal Reserve float are substracted from the demand deposit component of M1 in order to avoid double counting deposits that are simultaneously on the books of two depository institutions. Demand deposits due to the public 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.

#For questions on the data, please contact the 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 2026-02-24

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H.6 Money Stock Measures Deposits Commercial Weekly Banks Depository Institutions Discontinued Board of Governors Seasonally Adjusted Nation Public Domain: Citation Requested United States of America