Teacher Resources: Economic Barometer

Description

The M1 measure of the money supply is defined as the total of all coin, currency, demand deposits, (checkable deposits) and travelers checks in circulation. Adjustments are made in the measure to account for regularly accruing seasonal changes. Changes in the level of M1 have important effects on inflation and interest rates.

Sources

http://www.federalreserve.gov/econresdata/releases/statisticsdata.htm

http://www.federalreserve.gov/releases/h6/Current/