Money Stock Measures (H.6)

Announcements

• January 17, 2013
  Money Stock Revisions
  
  The Federal Reserve has revised the measures of the money stock and its components to incorporate the results of the Federal Reserve's annual review of seasonal factors and a new quarterly benchmark. This release includes revised monthly and weekly seasonal factors as well as comparisons of the revised monetary aggregates with previously published data. The revisions to the seasonal factors resulted in a lower growth rate for seasonally adjusted M2 in the first half of 2012 and a higher growth rate for seasonally adjusted M2 in the second half.
  
  The benchmark incorporates minor revisions to data reported in the quarterly deposit reports, and it takes account of deposit data from Call Reports for banks and thrift institutions that are not weekly or quarterly deposit reporters. These revisions to deposit data start in 2011. In addition, this release incorporates data from Call Reports on the amount of small-denomination time deposits held in individual retirement accounts (IRAs) and Keogh accounts; related revisions to deposit data start in 2011. The benchmark also incorporates revisions to IRA and Keogh balances held at retail and institutional money market mutual funds; these revisions to data on money market mutual funds begin in 2007. This release also incorporates the receipt of historical information from other sources of data.
  
  Seasonally adjusted measures of the monetary aggregates and components incorporate revised seasonal factors, which were derived from data through December 2012. Monthly seasonal factors were estimated using the X-12-ARIMA procedure. The effects of both the new benchmark and the revisions to seasonal factors on the growth rates of M1 and M2 are outlined in appendix tables 6 and 7.
  
  Historical data, updated each week, are available with the H.6 statistical release at www.federalreserve.gov/releases.
  
  


• January 19, 2012
  Money Stock Revisions
  
  The Federal Reserve has revised the measures of the money stock and its components to incorporate the results of the Federal Reserve's annual review of seasonal factors and a new quarterly benchmark. This release includes revised monthly and weekly seasonal factors as well as comparisons of the revised monetary aggregates with previously published data. The revisions to the seasonal factors resulted in a higher growth rate for seasonally adjusted M2 in the first half of 2011 and a lower growth rate for seasonally adjusted M2 in the second half.
  
  The benchmark incorporates minor revisions to data reported in the weekly and quarterly deposit reports, and it takes account of deposit data from Call Reports for banks and thrift institutions that are not weekly or quarterly deposit reporters. These revisions to deposit data start in 2002. In addition, this release incorporates data from Call Reports on the amount of small-denomination time deposits held in individual retirement accounts (IRAs) and Keogh accounts; related revisions to deposit data start in 2006. The benchmark also incorporates revisions to IRA and Keogh balances held at retail and institutional money market mutual funds; these revisions to data on money market mutual funds begin in 1996. This release also incorporates the receipt of historical information from other sources of data.
  
  Seasonally adjusted measures of the monetary aggregates and components incorporate revised seasonal factors, which were derived from data through December 2011. Monthly seasonal factors were estimated using the X-12-ARIMA procedure. The effects of both the new benchmark and the revisions to seasonal factors on the growth rates of M1 and M2 are outlined in appendix tables 6 and 7.
  
  Historical data, updated each week, are available with the H.6 statistical release at www.federalreserve.gov/releases.
  
  


• November 08, 2011
  New graphics options are now available from the Data Download Program (DDP)
  
  Users can now view plotted data as column charts, and add U.S. recession shading, while using the "View chart" function of the Data Download Program (DDP).
  
  


• October 27, 2011
  Money Stock Measure data are now available from the interactive Data Download Program
  
  For release at
  4:30 P.M. EDT
  October 27, 2011
  
  Data from the Federal Reserve Board's H.6 statistical release, "Money Stock Measures,"
  are now available through the Data Download Program (DDP). The DDP provides interactive access to Federal Reserve statistical data in a variety of formats, including XML, and is available at http://www.federalreserve.gov/datadownload/.
  
  The H.6 statistical release is typically published on Thursday, generally at 4:30 p.m. ET.
  Data from the release will be available from the DDP generally 15 to 30 minutes thereafter.