Federal Reserve Economic Data

Demand Deposits (DEMDEPSL)

Observation:

Aug 2024: 5,301.3 (+ more)   Updated: Sep 24, 2024 12:43 PM CDT
Aug 2024:  5,301.3  
Jul 2024:  5,244.0  
Jun 2024:  5,192.1  
May 2024:  5,148.1  
Apr 2024:  5,159.7  
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Units:

Billions of Dollars,
Seasonally Adjusted

Frequency:

Monthly

NOTES

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

Release: H.6 Money Stock Measures  

Units:  Billions of Dollars, Seasonally Adjusted

Frequency:  Monthly

Notes:

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.

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Suggested Citation:

Board of Governors of the Federal Reserve System (US), Demand Deposits [DEMDEPSL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DEMDEPSL, .

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