Source: National Bureau of Economic Research  

Release: NBER Macrohistory Database  

Units:  Billions of Dollars, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

Series Is Presented Here As Three Variables--(1)--Original Data, 1919-1943 (2)--Original Data, 1943-1964 (3)--Seasonally Adjusted Data, 1964-1970. Data Represent Debits To All Deposit Accounts (Member And Non-Member Banks) Of Individuals, Partnerships, Corporations, The U.S. Government, And State And Local Governments. Interbank Debits Are Not Included, However. The Figures Are Derived From Weekly Reports Covering Weeks Ending Wednesdays. Weeks Falling In 2 Months Are Prorated According To The Number Of Business Days. (Federal Reserve Board Report, 1937, P. 157) Because Of The Bank Holiday And Incomplete Number Of Banks Reporting, There Is No Figure For March 1933. Source: 1919-1941 Data Are From Banking And Monetary Statistics (Federal Reserve Board, 1943) Pp.236-237; Thereafter, Federal Reserve Bulletin, Monthly Issues

This NBER data series m12016a appears on the NBER website in Chapter 12 at http://www.nber.org/databases/macrohistory/contents/chapter12.html.

NBER Indicator: m12016a