Monetary Policy Report submitted to the Congress on July 18, 2007, pursuant to section 2B of the Federal Reserve Act
| Period | Growth rate |
|---|---|
| 1991 | 3.1085 |
| 1992 | 1.7738 |
| 1993 | 1.2727 |
| 1994 | 0.6809 |
| 1995 | 3.8624 |
| 1996 | 4.6154 |
| 1997 | 5.6236 |
| 1998 | 8.3234 |
| 1999 | 6.1769 |
| 2000 | 5.8881 |
| 2001 | 10.186 |
| 2002 | 6.6665 |
| 2003 | 5.6053 |
| 2004 | 5.3064 |
| 2005 | 4.0879 |
| 2006 | 4.9303 |
| 2007 | 7.0087 |
|
Note: Through 2006, the data are annual on a fourth-quarter over fourth-quarter basis; for 2007, change is calculated from 2006:Q4 to 2007:Q2 and annualized. M2 consists of currency, traveler's checks, demand deposits, other checkable deposits, savings deposits (including money market deposit accounts), small-denomination time deposits, and balances in retail money market funds. Source: Federal Reserve Board, Statistical Release H.6., "Money Stock Measures." |