`kLICS``UUUUUUUU U U U U UUU/ A *u            0 # gi( f$%Db'"~Dv'"ڴD'D'"D-""چ("ڵ--/ """% % \DP1DSK0"" <I!Bۜ/"8< I!Zۜ/\"7<<N-&Db'"~Dv'"ڴD'D'"D-""چ("ڵ--/ """% % \DP1DSK0"" <I!Bۜ/"8< I!Zۜ/\"7<<N-'(Db'"~Dv'( LB)'*-<<N-8"O"h\"\h7Rp'"ۮf"z"zۆ("۵--/ ""% t/RLPV%"7۝""^/V% "/w*" 7tPt/:ܞ*"*qqh @THREEONE(h @DARWIN(^ Table B--67.--Money stock, liquid assets, and debt measures, 1959--96^ [Averages of daily figures, except debt; billions of dollars, seasonally adjusted] \_\_\_\_\_\_\_\_\_ \_ \_ \_ \_ \_\_\_ ^M1  ^M2  ^M3  ^L  ^Debt\1\8 ^ Percent change from year or 6 months earlier\2\ \__ \__ \__ \__ \__ \__ \_\_\_ ^Sum of ^Debt of ^currency, ^M1 plus ^M2 plus ^domestic  ^demand ^retail MMMF ^large time ^nonfinancial ^Year and ^deposits, ^balances, ^deposits, ^sectors ^month ^travelers ^savings ^RPs, Euro- ^M3 plus ^(monthly ^checks, and ^deposits ^dollars, and ^other liquid ^average ^M1 ^M2  ^M3  ^Debt ^other^(including^institution- ^assets ^of adjacent-^checkable^MMDAs), and^only MMMF ^month^deposits^small time^balances  ^-end levels) ^(OCDs)^deposits\_\_\_\_\_\_\_\_\_ \_ \_ \_ \_ \_\_\_'December: ' 1959.............................................................................................................................................................................................................................'  ̜r@ 33333r@ Ix@ |@ ffffff@' 1960.............................................................................................................................................................................................................................'  fffffa@ fffffs@ 33333s@ 8y@   ? @ @ ffffff@' 1961.............................................................................................................................................................................................................................'  fffff&b@ t@ Lu@ z@ @  @ @ 333333 @ @' 1962.............................................................................................................................................................................................................................'  yb@ 33333v@ 4w@ fffff}@ 33333@ ? 333333 @ !@ @' 1963.............................................................................................................................................................................................................................'  )c@ ̔x@ fffff^y@ y@ fffffJ@  @  @ "@ @' 1964.............................................................................................................................................................................................................................'   d@ ̌z@ fffff{@ fffff@ fffffF@ ffffff@     333333@' 1965.............................................................................................................................................................................................................................'  d@ 33333|@ !~@ 33333C@ ]@ @ 333333 @   ffffff@' 1966.............................................................................................................................................................................................................................'  33333~@ fffff@ 8@ @ 333333@ ffffff@ 333333@ @' 1967.............................................................................................................................................................................................................................'  f@ ffffff@ 33333o@ fffffڄ@ @ ffffff@ "@ $@ @' 1968.............................................................................................................................................................................................................................'  ̬h@ 33333@ @ 33333φ@ 33333S@ @   !@ ' 1969.............................................................................................................................................................................................................................'  |i@ 33333_@ 33333?@ 33333@ ̺@ ffffff @  @ ffffff? 333333@ ' 1970............................................................................................................................................................................................................................. '   j@  ̔@  )@  0 fffff @ ffffff@ ffffff@    @!' 1971.............................................................................................................................................................................................................................!'  !l@ !fffff2@ ! !333337@ !fffff6@ !@ !*@ !333333-@ !"@"' 1972............................................................................................................................................................................................................................."'  "fffff&o@ "fffff@ "v "33333@ "̦@ "ffffff"@  "  "ffffff,@ "333333$@#' 1973.............................................................................................................................................................................................................................#'  #lp@ #@ # #ڑ@ #33333@ #@ #ffffff@ #ffffff&@ #%@$' 1974.............................................................................................................................................................................................................................$'  $$q@ $4@ $fffff@ $ $@ $@ $@ $333333!@ $333333"@%' 1975.............................................................................................................................................................................................................................%'  %q@ % %fffffP@ %33333[@ %fffff@ %333333@ %ffffff)@ %#@ %333333"@&' 1976.............................................................................................................................................................................................................................&'  &$s@ &@ &@ &33333@ &@ &@ &*@ &'@ &%@'' 1977.............................................................................................................................................................................................................................''  '̴t@ 'ޓ@ '@ '@ '@ 'ffffff @ '$@ 'ffffff(@ 'ffffff)@(' 1978.............................................................................................................................................................................................................................('  (ffffffv@ (X (33333@ (fffffܝ@ (33333@ (ffffff @ (ffffff@ ('@ (+@)' 1979.............................................................................................................................................................................................................................)'  )w@ )@ ):@ )@ )fffff@ )333333@ )@ )ffffff#@ )ffffff(@*' 1980.............................................................................................................................................................................................................................*'  *̌y@ *A * @ *fffff2@ *fffff@ *333333@ *!@ *$@ *#@+' 1981.............................................................................................................................................................................................................................+'  +H{@ + +fffff@ +fffffV@ +@ +333333@ +ffffff#@ +)@ +333333$@,' 1982.............................................................................................................................................................................................................................,'  ,}@ ,۝@ ,@ ,F@  , ,ffffff!@ ,!@ ,  ,#@-' 1983.............................................................................................................................................................................................................................-'  -H@ -̟@ -}  -@ -ffffϴ@ -#@ -&@ -#@ -'@.' 1984..............................................................................................................................................................................................................................'  .@@ .@ .fffffG@ .  .3333@ .@ .ffffff!@ .  .ffffff-@/' 1985............................................................................................................................................................................................................................./'  /fffff^@ /@ /~  /@ /Lq@ /(@  / /333333@ /-@0' 1986.............................................................................................................................................................................................................................0'  033333@ 033333]@ 0<@ 0fffff@ 0L@ 0fffff0@ 0#@ 0  0)@1' 1987.............................................................................................................................................................................................................................1'  1fffffn@ 1$@ 1fffff@ 1@ 1 @ 1 @ 1 @ 1@ 1333333#@2' 1988.............................................................................................................................................................................................................................2'  233333@ 2k@ 2̐@ 2333338@ 2p@ 2@ 2333333@ 2@ 2 3' 1989.............................................................................................................................................................................................................................3'  3ш@ 3\  3ï@ 333333@ 3@ 3? 3@ 3333333@ 3@4' 1990.............................................................................................................................................................................................................................4'  4fffffΉ@ 4fffff@ 4@ 4o@ 4L2@  4 4 @ 4ffffff? 4@5' 1991.............................................................................................................................................................................................................................5'  5 @ 5fffffo@ 5fffffR@ 5fffff@ 5̌$@ 5333333!@ 5@ 5? 5@6' 1992.............................................................................................................................................................................................................................6'  6@ 6fffffݪ@ 6[@ 6ӳ@ 6Y4@ 6ffffff,@ 6? 6? 6333333@7' 1993.............................................................................................................................................................................................................................7'  7fffff@ 7  7@ 7fffff,@ 7@m@ 7ffffff$@ 7? 7? 7333333@8' 1994.............................................................................................................................................................................................................................8'  8@ 8fffffj@ 833333߰@ 8ffff涴@ 833333@ 8? 8? 8? 8ffffff@9' 1995.............................................................................................................................................................................................................................9'  9@ 9̒@ 9ܱ@ 91@ 93333s@ 9 9@ 9@ 9@:'1996 (p) ...........................................................................................................................................................................................................................:'  :Ӑ@ :33333@ :fffff@ :333333 :ffffff@ :<'1995:Jan ...........................................................................................................................................................................................................................<'  <@ <s@ <@ <Ѵ@ <@ <ٿ <333333? < <333333@=' Feb ..............................................................................................................................................................................................................................='  =@ =s@ =ffff@ =@ =ffff@ =ٿ =333333? = @ =ffffff@>' Mar ..............................................................................................................................................................................................................................>'  >@ >}@ >33333@ >fffff@ >@ >333333ӿ >? >333333@ >ffffff@?' Apr ..............................................................................................................................................................................................................................?'  ?@ ?̐@ ?&@ ?33333@ ?.@ ?? ?ffffff? ?@ ?@@' May ..............................................................................................................................................................................................................................@'  @fffff@ @@ @A @M @LU@ @  @ @@ @333333@A' June .............................................................................................................................................................................................................................A'  A@ A33333@ Ae@ Aq@ AL|@ Affffff A333333 @ A@ A333333@B' July .............................................................................................................................................................................................................................B'  B@ B B Bffff桵@ B3333@ Bffffff B@ B@ B@C' Aug ..............................................................................................................................................................................................................................C'  C33333ߑ@ C.@ Cfffff@ C3333Ƶ@ C@ Cffffff C333333@ C@ C@D' Sept .............................................................................................................................................................................................................................D'  DfffffБ@ DI@ D@ D3333@ D33333@ D D333333@ D333333@ D@E' Oct ..............................................................................................................................................................................................................................E'  E33333@ EX@ Efffff@ E@ E @ E333333  E@ E E@F' Nov ..............................................................................................................................................................................................................................F' Fi Ffffffp@ Ffffffͱ@ F FY@  F Fffffff@ F@ FG' Dec ..............................................................................................................................................................................................................................G'  G@ G̒@ Gܱ@ G1@ G3333s@ G333333  G@ G333333@ G@I'1996:Jan ...........................................................................................................................................................................................................................I'  I|@ I33333@ IL@ I33333D@ I.@ Iffffff I@ I@ I@J' Feb ..............................................................................................................................................................................................................................J'  J33333u@ Jfffffά@ J@ J3333X@ JS@ Jffffff J@ J333333@ J@K' Mar ..............................................................................................................................................................................................................................K'  K̚@ K33333@ KH@ K̓@ Kffff&y@ K333333 Kffffff@ Kffffff@ K333333@L' Apr ..............................................................................................................................................................................................................................L'  Lfffff@ L33333@ LP@ Lffff殶@ Lffff@ Lffffff L@ L333333@ L@M' May ..............................................................................................................................................................................................................................M' M] M33333@ M]@ ML@ M3333@ M M@ M333333@ M333333@N' June .............................................................................................................................................................................................................................N'  Nq@ Nfffff1@ N33333r@ NLʶ@ N@ N N333333@ Nffffff@ N@O' July .............................................................................................................................................................................................................................O'  OO@ Offfff;@ O3333}@ Oڶ@  O7  O Offffff@ O333333@ O@P' Aug ..............................................................................................................................................................................................................................P'  P33333+@ P33333S@ P̏@ P@ Pffff&@ Pffffff  P @ P@ P@Q' Sept .............................................................................................................................................................................................................................Q'  Q @ Q Q3333@ Qffff"@ Q33333)@ Q Qffffff@ Q333333@ QR' Oct ..............................................................................................................................................................................................................................R'  Rΐ@ Rz@ RLв@ R7@ R H@ R! R@ R@ R@S' Nov ..............................................................................................................................................................................................................................S'  S33333ϐ@ S@ S@ Sh@ S Sffffff@ Sffffff@ ST' Dec (p) ...........................................................................................................................................................................................................................T'  TӐ@ T33333@ Tfffff@ Tffffff T333333@ T333333@U\_U\_U\_U\_U\_U\_U\_U\_U\_ U\_ U\_ U\_ U\_ U\_U\_U\_EW' 1/ Consists of outstanding credit market debt of the U.S.=X' Government, State and local governments, and private>Y' nonfinancial sectors; data derived from flow of fundsZ' accounts.D[' 2/ Annual changes are from December to December; monthlyC\' changes are from 6 months earlier at a simple annual rate.+^'Note. See Table B-68 for componentsB`' Source: Board of Governors of the Federal Reserve System.