The narrowest measure of the nation’s money...
The narrowest measure of the nation’s money supply, M1, fell in the week ended Sept. 12, to a seasonally adjusted $782.1 billion from a revised $783.1 billion, the Federal Reserve Board reported. A broader measure known as M2 rose to a seasonally adjusted $3,037.1 billion in the week ended Sept. 12 from $3,035.7 billion the previous week. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2 is M1 plus accounts such as savings deposits and money market mutual funds.
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