Economy · Money and the Fed
M1 jumped in May 2020 when the Fed began counting savings deposits in it.
| Year | Average | Year close |
|---|---|---|
| 1959 | $0.14T | $0.14T |
| 1960 | $0.14T | $0.14T |
| 1961 | $0.14T | $0.15T |
| 1962 | $0.15T | $0.15T |
| 1963 | $0.15T | $0.15T |
| 1964 | $0.16T | $0.16T |
| 1965 | $0.16T | $0.17T |
| 1966 | $0.17T | $0.17T |
| 1967 | $0.18T | $0.18T |
| 1968 | $0.19T | $0.20T |
| 1969 | $0.20T | $0.20T |
| 1970 | $0.21T | $0.21T |
Source: FRED M1SL (M1). Federal Reserve Bank of St. Louis.
Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).
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