The narrowest measure of the nation’s money...
The narrowest measure of the nation’s money supply, M1, fell to a seasonally adjusted $780.8 billion in the week ended Oct. 24 from a revised $783.6 billion, the Federal Reserve Board reported. A broader measure of the nation’s money supply, M2, fell to a seasonally adjusted $3,036.6 billion in the week from $3,043.2 billion the week before. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2 is M1 plus accounts like savings deposits and money market mutual funds.
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