Components of money stock.

COMPONENTS OF MONEY STOCK
[Averages of daily figures; billions
of dollars, seasonally adjusted]

                                    Nonbank
    Period         Currency        travelers        Demand
                                    checks         deposits

1999: Dec (r)       517.8             8.6           353.0
2000: Dec (r)       531.2             8.3           309.9
2001: Dec (r)       581.1             8.0           335.7
2002: Dec (r)       626.3             7.8           306.8
2003: Dec (r)       662.5             7.7           326.4
2004: Dec (r)       697.5             7.5           343.2
2005: Dec (r)       723.6             7.2           324.6
2006: Dec (r)       748.3             6.7           304.8
2007: Dec (r)       757.6             6.3           301.3
2008: Dec (r)       812.1             5.5           464.6

2008: June (r)      769.0             6.0           304.5
      July (r)      774.4             5.9           312.9
      Aug (r)       777.0             5.8           300.4
      Sept (r)      781.6             5.8           350.0
      Oct (r)       796.5             5.7           360.5
      Nov (r)       804.3             5.6           406.5
      Dec (r)       812.1             5.5           464.6

2009: Jan (r)       826.3             5.5           434.3
      Feb (r)       837.7             5.5           395.9
      Mar (r)       845.1             5.4           390.1
      Apr (r)       849.8             5.3           406.0
      May (r)       849.9             5.2           407.4
      June          853.1             5.2           439.5

                               Other checkable
                               deposits (OCDs)

                                      At              At
    Period           Total        commercial        thrift
                                     banks       institutions

1999: Dec (r)        243.3           139.7           103.7
2000: Dec (r)        238.4           133.2           105.2
2001: Dec (r)        257.5           142.0           115.4
2002: Dec (r)        279.6           154.3           125.3
2003: Dec (r)        310.3           175.3           135.0
2004: Dec (r)        328.2           187.0           141.1
2005: Dec (r)        318.9           180.7           138.1
2006: Dec (r)        305.8           177.2           128.6
2007: Dec (r)        307.8           174.3           133.5
2008: Dec (r)        313.0           179.0           134.1

2008: June (r)       314.2           176.5           137.7
      July (r)       316.1           176.8           139.3
      Aug (r)        308.3           172.4           136.0
      Sept (r)       314.2           176.9           137.3
      Oct (r)        312.0           176.3           135.7
      Nov (r)        306.8           173.5           133.2
      Dec (r)        313.0           179.0           134.1

2009: Jan (r)        310.2           175.3           134.9
      Feb (r)        320.4           181.0           139.4
      Mar (r)        322.7           182.1           140.6
      Apr (r)        332.2           191.0           141.2
      May (r)        334.5           194.6           139.8
      June           352.3           210.2           142.1

                                    Savings
                                 deposits (1)

                                      At              At
    Period           Total        commercial        thrift
                                     banks       institutions

1999: Dec (r)       1,739.5         1,288.4           451.0
2000: Dec (r)       1,878.3         1,424.3           454.0
2001: Dec (r)       2,309.0         1,738.3           570.7
2002: Dec (r)       2,774.0         2,060.2           713.7
2003: Dec (r)       3,162.7         2,337.9           824.7
2004: Dec (r)       3,506.4         2,631.1           875.3
2005: Dec (r)       3,602.3         2,773.9           828.4
2006: Dec (r)       3,692.7         2,909.7           783.0
2007: Dec (r)       3,868.7         3,041.3           827.3
2008: Dec (r)       4,102.1         3,330.4           771.7

2008: June (r)      4,021.2         3,123.9           897.3
      July (r)      4,033.0         3,130.9           902.2
      Aug (r)       4,005.7         3,116.5           889.2
      Sept (r)      4,032.5         3,170.8           861.7
      Oct (r)       4,034.7         3,250.3           784.4
      Nov (r)       4,016.6         3,247.5           769.1
      Dec (r)       4,102.1         3,330.4           771.7

2009: Jan (r)       4,214.9         3,434.1           780.7
      Feb (r)       4,291.1         3,500.2           790.9
      Mar (r)       4,374.7         3,567.2           807.4
      Apr (r)       4,341.8         3,533.1           808.7
      May (r)       4,444.6         3,625.4           819.2
      June          4,471.7         3,643.5           828.2

                             Small-denomination
                              time deposits (2)

                                      At              At
    Period           Total        commercial        thrift
                                     banks       institutions

1999: Dec (r)         955.2           636.9           318.3
2000: Dec (r)       1,046.0           700.8           345.2
2001: Dec (r)         974.5           636.1           338.5
2002: Dec (r)         894.7           591.2           303.4
2003: Dec (r)         817.8           541.7           276.1
2004: Dec (r)         827.8           551.4           276.4
2005: Dec (r)         992.5           645.3           347.2
2006: Dec (r)       1,167.3           759.3           408.0
2007: Dec (r)       1,214.6           823.1           391.5
2008: Dec (r)       1,377.9         1,026.8           351.1

2008: June (r)      1,209.0           825.5           383.5
      July (r)      1,219.9           840.7           379.2
      Aug (r)       1,244.6           863.9           380.7
      Sept (r)      1,269.1           892.1           377.0
      Oct (r)       1,327.4           982.1           345.3
      Nov (r)       1,360.0         1,009.2           350.8
      Dec (r)       1,377.9         1,026.8           351.1

2009: Jan (r)       1,369.6         1,017.9           351.7
      Feb (r)       1,355.4         1,003.9           351.6
      Mar (r)       1,342.8           991.5           351.2
      Apr (r)       1,320.9           975.9           345.0
      May (r)       1,300.0           968.4           331.6
      June          1,280.9           952.1           328.8

                    Retail       Institutional
    Period           money           money
                     funds         funds (3)

1999: Dec (r)         817.7           660.5
2000: Dec (r)         905.2           815.6
2001: Dec (r)         965.4         1,219.2
2002: Dec (r)         895.6         1,268.4
2003: Dec (r)         784.4         1,129.2
2004: Dec (r)         701.5         1,080.0
2005: Dec (r)         705.1         1,149.3
2006: Dec (r)         808.0         1,350.8
2007: Dec (r)         982.1         1,899.8
2008: Dec (r)       1,078.4         2,385.5

2008: June (r)      1,057.2         2,242.2
      July (r)      1,063.5         2,259.3
      Aug (r)       1,056.2         2,280.9
      Sept (r)      1,055.2         2,245.5
      Oct (r)       1,090.5         2,227.6
      Nov (r)       1,080.2         2,322.5
      Dec (r)       1,078.4         2,385.5

2009: Jan (r)       1,075.2         2,471.8
      Feb (r)       1,057.5         2,489.3
      Mar (r)       1,054.2         2,492.4
      Apr (r)       1,025.8         2,510.8
      May (r)       1,003.3         2,538.4
      June            967.5         2,522.1

(1) Savings deposits including money market deposit accounts
(MMDAs).

(2) Small-denomination deposits are those issued in amounts
of less than $100,000.

(3) Institutional money funds are not part of non-M1 M2.

NOTE.--See Note, p. 26.

Source: Board of Governors of the Federal Reserve System.