Beginning 2004:Q1, level from FR Board, CM, based on data available by subscription from Mergent on long-term municipal bonds outstanding, less municipal securities and loans issued by nonfinancial corporate businesses ( FOF series FL103162000) and municipal securities and loans issued by nonprofit organizations ( FOF series FL163162003). Unadjusted transactions are the change in the level; seasonally adjusted transactions are obtained using X-13-ARIMA procedure. Prior to 2004:Q1, unadjusted transactions from a proprietary Thomson Reuters' database, long-term municipal securities.
Last edited on: 11/21/2011