Money Supply Higher: Two measures of the...

Money Supply Higher: Two measures of the nation’s money supply rose in the week ended Aug. 6. The Federal Reserve Board said the measure known as M2 rose to a seasonally adjusted $3,289.2 billion from $3,278.1 billion the previous week. A narrower measure of the money supply, M1, rose to a seasonally adjusted $813.0 billion from $809.2 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2 is M1 plus accounts such as savings deposits.