ECONOMY

Money Supply Shrinks: The Federal Reserve Board said the measure of the nation’s money supply known as M2 fell $5 billion to a seasonally adjusted $3,491.0 billion from a revised $3,496.0 billion the week before. A broader measure, M3, fell $16 billion to a seasonally adjusted $4,174.6 billion from $4,190.6 billion. The narrowest measure, M1, fell $1.9 billion to a seasonally adjusted $1,005.9 billion from $1,007.8 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. M3 is M2 plus less-liquid accounts, such as certificates of deposit in minimum denominations of $100,000.