The narrowest measure of the nation’s money...
- Share via
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.
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.