FRED Graph

Source: Board of Governors of the Federal Reserve System (US)  

Release: H.6 Money Stock Measures  

Units:  Billions of Dollars, Seasonally Adjusted

Frequency:  Monthly

Calculated by the Federal Reserve Bank of St. Louis.

As of August 27, 2024, updates for this series have ceased. The series can still be calculated by adding CURRSL and DEMDEPSL. The discontinued series plotted on the same graph with the calculated data can be accessed for comparison here.

Source: Board of Governors of the Federal Reserve System (US)  

Release: H.6 Money Stock Measures  

Units:  Billions of Dollars, Seasonally Adjusted

Frequency:  Monthly

The currency component of M1, sometimes called "money stock currency," is defined as currency in circulation outside the U.S. Treasury, Federal Reserve Banks, and vaults of depository institutions. Data on total currency in circulation are obtained weekly from balance sheets of the Federal Reserve Banks and from the U.S. Treasury. Weekly currency in circulation data are published each week on the Federal Reserve Board's H.4.1 statistical release "Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks." Vault cash is reported on the FR 2900 and subtracted from total currency in circulation. For institutions that do not file the FR 2900, vault cash is estimated using data reported on the Call Reports.

For questions on the data, please contact the data source. For questions on FRED functionality, please contact us here.

Source: Board of Governors of the Federal Reserve System (US)  

Release: H.6 Money Stock Measures  

Units:  Billions of Dollars, Seasonally Adjusted

Frequency:  Monthly

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. For questions on FRED functionality, please contact us here.