Money Supply Rises: The Federal Reserve Board...
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From Times Staff and Wire Reports
Money Supply Rises: The Federal Reserve Board reported that the narrowest measure of the nation’s money supply, M1, rose to a seasonally adjusted $823.6 billion in the week ended Nov. 19 from $820.0 billion a week earlier. A broader measure, known as M2, rose to a seasonally adjusted $3,319.0 billion from $3,316.3 billion the week before. 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.
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