The narrowest measure of the nation’s money...
- Share via
The narrowest measure of the nation’s money supply, M1, fell $7.7 billion to an adjusted $785.4 billion in the week ended Jan. 9. A broader measure of money supply, M2, declined $7.1 billion to a seasonally adjusted $3,063.2 billion from a revised $3,070.3 billion the previous week. The prior week’s figure was originally reported as $3,068.7 billion. 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.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.