Money Supply Increases: Two indicators of the...
Money Supply Increases: Two indicators of the nation’s money supply rose in the week ended Dec. 31. The Federal Reserve Board said the narrowest measure of the money supply, M1, rose to a seasonally adjusted $832.2 billion from a revised $828.1 billion. The measure known as M2 rose to a seasonally adjusted $3,325.0 billion from a revised $3,321.3 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.
More to Read
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.