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Maps of the Federal Reserve System

These maps show the boundaries of the twelve Federal Reserve Districts, the location of the Reserve Bank (and any Branch or Branches) within each District, and the Washington, D.C., location of the Board of Governors.
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Following is a list of the twelve Districts, by number and letter; the city in which the Reserve Bank is located; the states within the District; and the location of any Branch or Branches of the Reserve Bank.

District 1-A, Boston. Encompasses Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut (excluding Fairfield County). No Branches.

District 2-B, New York. Encompasses New York State, twelve counties in northern New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands. No Branches.

District 3-C, Philadelphia. Encompasses eastern Pennsylvania, southern New Jersey, and all of Delaware. No Branches.

District 4-D, Cleveland. Encompasses Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. Branches in Pittsburgh and Cincinnati.

District 5-E, Richmond. Encompasses Maryland, Virginia, North Carolina, South Carolina, and most of West Virginia. Branches in Baltimore and Charlotte.

District 6-F, Atlanta. Encompasses Alabama, Florida, Georgia, and parts of Louisiana, Mississippi, and Tennessee. Branches in Nashville, Birmingham, Jacksonville, Miami, and New Orleans.

District 7-G, Chicago. Encompasses Iowa and most of Illinois, Indiana, Michigan, and Wisconsin. Branch in Detroit.

District 8-H, St. Louis. Encompasses Arkansas and portions of Missouri, Mississippi, Tennessee, Kentucky, Indiana, and Illinois. Branches in Louisville, Memphis, and Little Rock.

District 9-I, Minneapolis. Encompasses Minnesota, Montana, North Dakota, South Dakota, twenty-six counties in northwestern Wisconsin, and the Upper Peninsula of Michigan. Branch in Helena.

District 10-J, Kansas City. Encompasses Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico, and Western Missouri. Branches in Omaha, Denver, and Oklahoma City.

District 11-K, Dallas. Encompasses Texas, northern Louisiana, and southern New Mexico. Branches in El Paso, San Antonio, and Houston.

District 12-L, San Francisco. Encompasses Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, Washington, American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. Branches in Seattle, Portland, Salt Lake City, and Los Angeles.
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Monetary Policy and Economic Developments

Figure 1. Net change in payroll employment

3-month moving averages
Thousands of jobs

Period Total nonfarm Private
January 2009 -751.00 -761.00
February 2009 -729.67 -735.00
March 2009 -772.67 -774.00
April 2009 -737.33 -770.00
May 2009 -619.67 -633.33
June 2009 -502.33 -507.67
July 2009 -383.00 -331.00
August 2009 -337.67 -311.00
September 2009 -254.00 -212.33
October 2009 -212.33 -213.33
November 2009 -142.00 -140.67
December 2009 -160.33 -170.67
January 2010 -84.67 -73.67
February 2010 -106.67 -87.67
March 2010 39.67 27.67
April 2010 113.00 87.00
May 2010 310.33 137.00
June 2010 210.00 136.00
July 2010 106.33 106.33
August 2010 -80.33 111.67
September 2010 -52.00 112.33
October 2010 58.00 148.67
November 2010 109.67 154.00
December 2010 156.00 149.67
January 2011 83.00 96.00
February 2011 106.33 130.33
March 2011 152.33 177.00
April 2011 253.33 278.00
May 2011 216.00 244.67
June 2011 216.00 225.33
July 2011 123.67 168.67
August 2011 134.67 172.00
September 2011 142.33 202.67
October 2011 189.00 206.00
November 2011 199.33 214.67
December 2011 186.33 196.00
January 2012 236.00 253.33
February 2012 268.00 276.00
March 2012 276.00 279.67
April 2012 182.67 187.67
May 2012 142.00 154.00
June 2012 89.67 94.00
July 2012 111.33 117.33
August 2012 132.00 130.33
September 2012 174.33 176.00
October 2012 175.33 178.67
November 2012 160.33 171.33
December 2012 174.00 186.67
January 2013 195.67 206.00
February 2013 247.00 244.33
March 2013 209.00 215.00
April 2013 204.33 204.67
May 2013 184.33 196.33
June 2013 195.00 205.33
July 2013 170.00 189.00
August 2013 181.67 189.00
September 2013 191.00 190.67
October 2013 221.00 213.33
November 2013 220.00 216.00
December 2013 172.33 179.00
January 2014 165.00 175.67
February 2014 129.33 138.67
March 2014 204.33 201.33
April 2014 250.67 233.00
May 2014 282.33 270.67
June 2014 293.00 270.00
July 2014 250.67 245.67
August 2014 245.33 241.00
September 2014 237.33 233.67
October 2014 245.67 229.67
November 2014 273.00 251.00
December 2014 264.67 252.00
January 2015 267.00 256.33
February 2015 242.33 229.67
March 2015 186.00 182.00
April 2015 195.33 184.67
May 2015 230.67 218.67
June 2015 270.67 251.33
July 2015 268.00 252.67
August 2015 205.67 183.00
September 2015 170.33 156.67
October 2015 192.67 181.67
November 2015 231.00 230.00
December 2015 277.33 263.67
January 2016 212.33 195.67
February 2016 200.67 182.67
March 2016 196.00 173.33
April 2016 205.00 189.33
May 2016 140.33 121.33
June 2016 164.33 148.00
July 2016 210.33 178.33
August 2016 254.67 220.33
September 2016 238.67 205.00
October 2016 183.00 166.00
November 2016 179.00 177.67
December 2016 148.33 158.33
January 2017 182.67 193.33

Source: Department of Labor, Bureau of Labor Statistics.

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Figure 2. Measures of labor underutilization

Monthly
Percent

Period Unemployment rate U-4 U-5 U-6
January 2005 5.3 5.6 6.4 9.3
February 2005 5.4 5.7 6.4 9.3
March 2005 5.2 5.5 6.2 9.1
April 2005 5.2 5.4 6.1 8.9
May 2005 5.1 5.4 6.0 8.9
June 2005 5.0 5.3 6.0 9.0
July 2005 5.0 5.3 5.9 8.8
August 2005 4.9 5.1 5.9 8.9
September 2005 5.0 5.3 5.9 9.0
October 2005 5.0 5.2 5.9 8.7
November 2005 5.0 5.3 5.9 8.7
December 2005 4.9 5.1 5.8 8.6
January 2006 4.7 5.0 5.7 8.4
February 2006 4.8 5.0 5.7 8.4
March 2006 4.7 5.0 5.6 8.2
April 2006 4.7 5.0 5.5 8.1
May 2006 4.6 4.8 5.5 8.2
June 2006 4.6 4.9 5.6 8.4
July 2006 4.7 5.0 5.7 8.5
August 2006 4.7 5.0 5.7 8.4
September 2006 4.5 4.7 5.3 8.0
October 2006 4.4 4.6 5.3 8.2
November 2006 4.5 4.7 5.4 8.1
December 2006 4.4 4.6 5.2 7.9
January 2007 4.6 4.9 5.6 8.4
February 2007 4.5 4.8 5.4 8.2
March 2007 4.4 4.6 5.3 8.0
April 2007 4.5 4.7 5.4 8.2
May 2007 4.4 4.7 5.3 8.2
June 2007 4.6 4.8 5.5 8.3
July 2007 4.7 4.9 5.5 8.4
August 2007 4.6 4.9 5.5 8.4
September 2007 4.7 4.8 5.5 8.4
October 2007 4.7 4.9 5.6 8.4
November 2007 4.7 4.9 5.5 8.4
December 2007 5.0 5.2 5.8 8.8
January 2008 5.0 5.3 6.0 9.2
February 2008 4.9 5.1 5.9 9.0
March 2008 5.1 5.3 5.9 9.1
April 2008 5.0 5.2 5.8 9.2
May 2008 5.4 5.7 6.3 9.7
June 2008 5.6 5.8 6.5 10.1
July 2008 5.8 6.1 6.7 10.5
August 2008 6.1 6.3 7.1 10.8
September 2008 6.1 6.4 7.1 11.0
October 2008 6.5 6.8 7.5 11.8
November 2008 6.8 7.2 8.0 12.6
December 2008 7.3 7.7 8.4 13.6
January 2009 7.8 8.3 9.1 14.2
February 2009 8.3 8.8 9.5 15.2
March 2009 8.7 9.1 9.9 15.8
April 2009 9.0 9.4 10.2 15.9
May 2009 9.4 9.8 10.6 16.5
June 2009 9.5 10.0 10.8 16.5
July 2009 9.5 9.9 10.8 16.4
August 2009 9.6 10.0 10.9 16.7
September 2009 9.8 10.2 11.0 16.7
October 2009 10.0 10.5 11.4 17.1
November 2009 9.9 10.4 11.2 17.1
December 2009 9.9 10.4 11.3 17.1
January 2010 9.8 10.4 11.3 16.7
February 2010 9.8 10.5 11.3 17.0
March 2010 9.9 10.5 11.2 17.1
April 2010 9.9 10.6 11.3 17.1
May 2010 9.6 10.3 10.9 16.6
June 2010 9.4 10.1 10.9 16.4
July 2010 9.4 10.1 11.0 16.4
August 2010 9.5 10.2 10.9 16.5
September 2010 9.5 10.2 10.9 16.8
October 2010 9.4 10.2 11.0 16.6
November 2010 9.8 10.5 11.2 16.9
December 2010 9.3 10.1 10.9 16.6
January 2011 9.1 9.7 10.8 16.2
February 2011 9.0 9.6 10.6 16.0
March 2011 9.0 9.5 10.4 15.9
April 2011 9.1 9.7 10.5 16.1
May 2011 9.0 9.5 10.3 15.8
June 2011 9.1 9.7 10.7 16.1
July 2011 9.0 9.6 10.6 15.9
August 2011 9.0 9.6 10.5 16.1
September 2011 9.0 9.7 10.5 16.4
October 2011 8.8 9.4 10.3 15.8
November 2011 8.6 9.3 10.1 15.5
December 2011 8.5 9.1 10.0 15.2
January 2012 8.3 8.9 9.9 15.2
February 2012 8.3 8.9 9.8 15.0
March 2012 8.2 8.7 9.6 14.5
April 2012 8.2 8.8 9.6 14.6
May 2012 8.2 8.7 9.6 14.7
June 2012 8.2 8.7 9.6 14.8
July 2012 8.2 8.7 9.6 14.8
August 2012 8.1 8.6 9.6 14.6
September 2012 7.8 8.3 9.3 14.8
October 2012 7.8 8.3 9.2 14.4
November 2012 7.7 8.3 9.2 14.4
December 2012 7.9 8.5 9.4 14.4
January 2013 8.0 8.5 9.4 14.5
February 2013 7.7 8.2 9.2 14.4
March 2013 7.5 8.0 8.9 13.8
April 2013 7.6 8.1 8.9 14.0
May 2013 7.5 8.0 8.8 13.8
June 2013 7.5 8.1 9.0 14.2
July 2013 7.3 7.9 8.7 13.8
August 2013 7.3 7.8 8.6 13.6
September 2013 7.2 7.7 8.6 13.7
October 2013 7.2 7.7 8.5 13.6
November 2013 6.9 7.4 8.2 13.1
December 2013 6.7 7.3 8.1 13.1
January 2014 6.6 7.1 8.1 12.7
February 2014 6.7 7.1 8.0 12.6
March 2014 6.7 7.1 7.9 12.6
April 2014 6.2 6.7 7.5 12.3
May 2014 6.3 6.7 7.5 12.1
June 2014 6.1 6.5 7.3 12.0
July 2014 6.2 6.6 7.5 12.2
August 2014 6.2 6.6 7.4 12.0
September 2014 5.9 6.3 7.3 11.8
October 2014 5.7 6.2 7.0 11.5
November 2014 5.8 6.2 7.0 11.4
December 2014 5.6 6.0 6.9 11.2
January 2015 5.7 6.1 7.0 11.3
February 2015 5.5 6.0 6.8 11.0
March 2015 5.4 5.9 6.7 10.9
April 2015 5.4 5.9 6.7 10.8
May 2015 5.5 5.8 6.6 10.7
June 2015 5.3 5.6 6.4 10.5
July 2015 5.2 5.6 6.4 10.3
August 2015 5.1 5.5 6.2 10.2
September 2015 5.0 5.4 6.2 10.0
October 2015 5.0 5.4 6.2 9.8
November 2015 5.0 5.4 6.1 9.9
December 2015 5.0 5.4 6.1 9.9
January 2016 4.9 5.3 6.2 9.9
February 2016 4.9 5.3 6.0 9.8
March 2016 5.0 5.4 6.0 9.8
April 2016 5.0 5.3 6.0 9.7
May 2016 4.7 5.0 5.7 9.7
June 2016 4.9 5.2 6.0 9.6
July 2016 4.9 5.2 6.0 9.7
August 2016 4.9 5.3 5.9 9.7
September 2016 4.9 5.3 6.0 9.7
October 2016 4.8 5.1 5.9 9.5
November 2016 4.6 5.0 5.8 9.3
December 2016 4.7 5.0 5.7 9.2
January 2017 4.8 5.1 5.8 9.4

Note: Unemployment rate measures total unemployed as a percentage of the labor force. U-4 measures total unemployed plus discouraged workers, as a percentage of the labor force plus discouraged workers. Discouraged workers are a subset of marginally attached workers who are not currently looking for work because they believe no jobs are available for them. U-5 measures total unemployed plus all marginally attached to the labor force, as a percentage of the labor force plus persons marginally attached to the labor force. Marginally attached workers are not in the labor force, want and are available for work, and have looked for a job in the past 12 months. U-6 measures total unemployed plus all marginally attached workers plus total employed part time for economic reasons, as a percentage of the labor force plus all marginally attached workers. The shaded bar indicates a period of business recession as defined by the National Bureau of Economic Research: December 2007-June 2009.

Source: Department of Labor, Bureau of Labor Statistics.

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Figure 3. Change in the price index for personal consumption expenditures

Monthly
12-month percent change

Period Total Excluding food and energy
January 2010 2.19 1.56
February 2010 1.98 1.54
March 2010 2.19 1.56
April 2010 2.02 1.33
May 2010 1.93 1.34
June 2010 1.38 1.31
July 2010 1.55 1.35
August 2010 1.42 1.33
September 2010 1.35 1.19
October 2010 1.27 0.97
November 2010 1.20 0.99
December 2010 1.39 0.95
January 2011 1.43 0.99
February 2011 1.70 1.08
March 2011 1.97 1.09
April 2011 2.43 1.31
May 2011 2.71 1.43
June 2011 2.69 1.46
July 2011 2.77 1.58
August 2011 2.86 1.69
September 2011 2.93 1.72
October 2011 2.75 1.78
November 2011 2.73 1.84
December 2011 2.50 1.96
January 2012 2.57 2.09
February 2012 2.52 2.06
March 2012 2.37 2.11
April 2012 2.06 2.03
May 2012 1.66 1.91
June 2012 1.60 1.90
July 2012 1.44 1.84
August 2012 1.55 1.68
September 2012 1.71 1.73
October 2012 1.94 1.84
November 2012 1.68 1.78
December 2012 1.66 1.72
January 2013 1.55 1.67
February 2013 1.71 1.66
March 2013 1.35 1.56
April 2013 1.13 1.44
May 2013 1.24 1.43
June 2013 1.44 1.45
July 2013 1.51 1.44
August 2013 1.31 1.50
September 2013 1.11 1.50
October 2013 0.96 1.43
November 2013 1.23 1.49
December 2013 1.42 1.55
January 2014 1.46 1.47
February 2014 1.13 1.43
March 2014 1.43 1.54
April 2014 1.74 1.67
May 2014 1.83 1.74
June 2014 1.75 1.71
July 2014 1.78 1.77
August 2014 1.62 1.71
September 2014 1.62 1.72
October 2014 1.51 1.64
November 2014 1.29 1.55
December 2014 0.91 1.50
January 2015 0.26 1.41
February 2015 0.36 1.46
March 2015 0.37 1.44
April 2015 0.23 1.40
May 2015 0.31 1.35
June 2015 0.39 1.36
July 2015 0.36 1.31
August 2015 0.38 1.36
September 2015 0.24 1.38
October 2015 0.28 1.34
November 2015 0.45 1.38
December 2015 0.56 1.39
January 2016 1.10 1.61
February 2016 0.87 1.66
March 2016 0.76 1.55
April 2016 1.01 1.60
May 2016 0.96 1.64
June 2016 0.91 1.60
July 2016 0.85 1.64
August 2016 1.00 1.74
September 2016 1.25 1.70
October 2016 1.43 1.76
November 2016 1.38 1.66
December 2016 1.62 1.70

Note: The data extend through December 2016; changes are from one year earlier.

Source: Department of Commerce, Bureau of Economic Analysis.

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Figure 4. Brent spot and futures prices

Series: Spot price and December 2018 futures contracts

Horizon: January 5, 2012, to February 9, 2017

Description: The data are weekly averages of daily data and are plotted as two curves. Units for both the spot price and the futures contracts are in dollars per barrel along the right axis. In the early part of 2012, there is a notable increase and then a sharp decrease in the spot price. Both series remain fairly constant from late 2012 until mid-2014, when both series decrease sharply. Spot and futures prices are little changed, on net, over the first half of 2015 but then decline over the second half. Both series begin to increase in early 2016. In late 2016 and early 2017, the spot price increases while the futures prices begin to level off. As a result, the gap between futures contracts and the spot price narrows until the series are nearly identical in February 2017.

The spot price starts at just above 110 at the beginning of 2012 and then increases fairly rapidly through the first quarter before peaking at around 125. The price then falls dramatically to around 90 before recovering to around 110 through the middle of 2012. The price then fluctuates around 110 through the first half of 2014, with the most dramatic change being a fall from around 120 to around 100 in the beginning of 2013. In the second half of 2014, the series declines dramatically from above 110 to below 50. In the first quarter of 2015, the series increases steeply to 60 before making a slight drop to near 55. In the second quarter of 2015, the series increases to above 65, then declines to about 45 in the middle of the third quarter. From the beginning of the fourth quarter to the beginning of the first quarter of 2016, the series declines from about 50 to just under 30. The series gradually increases over 2016 and the start of 2017 to about 55 by the beginning of February, where the series ends.

The December 2018 future contracts series starts just above 90 in 2012 and is relatively unchanged with little volatility until the middle of 2014, when the series gradually increases to just under 100. Starting in the third quarter of 2014 until January 2015, the series drops dramatically to about 70. It then stays around 70 before a steeper decline to about 60 occurs in the third quarter. The series remains around 60 in the beginning of the fourth quarter but then declines to just below 45 between the middle of the fourth quarter and the beginning of the first quarter of 2016. The series then gradually increases over the first half of 2016 to about 55 by the middle of June. The series then fluctuates between 50 and 60 for the period from the middle of June until early February, when the series ends.

Note: The data are weekly averages of daily data and extend through February 9, 2017.

Source: NYMEX via Bloomberg.

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Figure 5. Median inflation expectations

SPF expectations for next 10 years

Period Percent
2007:Q1 2.00
2007:Q2 2.00
2007:Q3 2.10
2007:Q4 2.10
2008:Q1 2.20
2008:Q2 2.20
2008:Q3 2.20
2008:Q4 2.20
2009:Q1 2.20
2009:Q2 2.28
2009:Q3 2.15
2009:Q4 2.10
2010:Q1 2.10
2010:Q2 2.15
2010:Q3 2.11
2010:Q4 2.00
2011:Q1 2.10
2011:Q2 2.27
2011:Q3 2.25
2011:Q4 2.16
2012:Q1 2.15
2012:Q2 2.20
2012:Q3 2.20
2012:Q4 2.10
2013:Q1 2.00
2013:Q2 2.00
2013:Q3 2.00
2013:Q4 2.00
2014:Q1 2.00
2014:Q2 2.00
2014:Q3 2.00
2014:Q4 2.00
2015:Q1 2.00
2015:Q2 1.98
2015:Q3 2.00
2015:Q4 1.90
2016:Q1 1.97
2016:Q2 2.00
2016:Q3 2.00
2016:Q4 2.00
2017:Q1 2.10

Note: The SPF data for inflation expectations for personal consumption expenditures are quarterly and extend from 2007:Q1 through 2017:Q1.

Source: Federal Reserve Bank of Philadelphia, Survey of Professional Forecasters (SPF).

Michigan survey expectations for next 5 to 10 years

Period Percent
January 2003 2.7
February 2003 2.7
March 2003 2.8
April 2003 2.7
May 2003 2.8
June 2003 2.7
July 2003 2.7
August 2003 2.7
September 2003 2.7
October 2003 2.8
November 2003 2.7
December 2003 2.8
January 2004 2.8
February 2004 2.9
March 2004 2.9
April 2004 2.7
May 2004 2.8
June 2004 2.9
July 2004 2.8
August 2004 2.7
September 2004 2.8
October 2004 2.8
November 2004 2.7
December 2004 2.8
January 2005 2.7
February 2005 2.8
March 2005 2.9
April 2005 3.0
May 2005 2.9
June 2005 2.8
July 2005 2.9
August 2005 2.8
September 2005 3.1
October 2005 3.2
November 2005 3.0
December 2005 3.1
January 2006 2.9
February 2006 2.9
March 2006 2.9
April 2006 3.1
May 2006 3.2
June 2006 2.9
July 2006 2.9
August 2006 3.2
September 2006 3.0
October 2006 3.1
November 2006 3.0
December 2006 3.0
January 2007 3.0
February 2007 2.9
March 2007 2.9
April 2007 3.1
May 2007 3.1
June 2007 2.9
July 2007 3.1
August 2007 2.9
September 2007 2.9
October 2007 2.8
November 2007 2.9
December 2007 3.1
January 2008 3.0
February 2008 3.0
March 2008 2.9
April 2008 3.2
May 2008 3.4
June 2008 3.4
July 2008 3.2
August 2008 3.2
September 2008 3.0
October 2008 2.9
November 2008 2.9
December 2008 2.6
January 2009 2.9
February 2009 3.1
March 2009 2.6
April 2009 2.8
May 2009 2.9
June 2009 3.0
July 2009 3.0
August 2009 2.8
September 2009 2.8
October 2009 2.9
November 2009 3.0
December 2009 2.7
January 2010 2.9
February 2010 2.7
March 2010 2.7
April 2010 2.7
May 2010 2.9
June 2010 2.8
July 2010 2.9
August 2010 2.8
September 2010 2.7
October 2010 2.8
November 2010 2.8
December 2010 2.8
January 2011 2.9
February 2011 2.9
March 2011 3.2
April 2011 2.9
May 2011 2.9
June 2011 3.0
July 2011 2.9
August 2011 2.9
September 2011 2.8
October 2011 2.7
November 2011 2.7
December 2011 2.7
January 2012 2.7
February 2012 2.9
March 2012 3.0
April 2012 2.9
May 2012 2.7
June 2012 2.8
July 2012 2.7
August 2012 3.0
September 2012 2.8
October 2012 2.7
November 2012 2.8
December 2012 2.9
January 2013 2.9
February 2013 3.0
March 2013 2.8
April 2013 2.9
May 2013 2.9
June 2013 2.9
July 2013 2.8
August 2013 2.9
September 2013 3.0
October 2013 2.8
November 2013 2.9
December 2013 2.7
January 2014 2.9
February 2014 2.9
March 2014 2.9
April 2014 2.9
May 2014 2.8
June 2014 2.9
July 2014 2.7
August 2014 2.9
September 2014 2.8
October 2014 2.8
November 2014 2.6
December 2014 2.8
January 2015 2.8
February 2015 2.7
March 2015 2.8
April 2015 2.6
May 2015 2.8
June 2015 2.6
July 2015 2.8
August 2015 2.7
September 2015 2.7
October 2015 2.5
November 2015 2.6
December 2015 2.6
January 2016 2.7
February 2016 2.5
March 2016 2.7
April 2016 2.5
May 2016 2.5
June 2016 2.6
July 2016 2.6
August 2016 2.5
September 2016 2.6
October 2016 2.4
November 2016 2.6
December 2016 2.3
January 2017 2.6
February 2017 2.5

Note: The Michigan survey data are monthly and extend through February; the February data are preliminary.

Source: University of Michigan Surveys of Consumers.

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Figure 6. Change in real gross domestic product and gross domestic income

Percent, annual rate

Period Gross domestic product Gross domestic income
2010 2.73 2.59
2011 1.68 2.09
2012 1.28 2.85
2013 2.66 1.28
2014 2.49 3.97
2015 1.88 1.51
2016:H1 1.12 0.76
2016:H2* 2.69 ND

* Gross domestic income is not yet available for 2016:H2. Return to table

Source: Department of Commerce, Bureau of Economic Analysis.

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Figure 7. Change in real personal consumption expenditures and disposable personal income

Percent, annual rate

Period Personal consumption expenditures Disposable personal income
2010 3.05 2.62
2011 1.48 1.66
2012 1.32 5.05
2013 2.00 -2.84
2014 3.51 4.54
2015 2.56 3.03
2016:H1 2.95 2.52
2016:H2 2.73 2.08

Source: Department of Commerce, Bureau of Economic Analysis.

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Figure 8. Private housing starts and permits

Monthly
Millions of units, annual rate

Period Multifamily starts Single-family starts Single-family permits
January 2003 0.32 1.54 1.42
February 2003 0.33 1.30 1.36
March 2003 0.33 1.40 1.36
April 2003 0.27 1.37 1.39
May 2003 0.36 1.39 1.39
June 2003 0.35 1.51 1.46
July 2003 0.36 1.54 1.48
August 2003 0.35 1.48 1.52
September 2003 0.38 1.56 1.53
October 2003 0.34 1.63 1.57
November 2003 0.39 1.69 1.51
December 2003 0.41 1.65 1.55
January 2004 0.35 1.56 1.54
February 2004 0.37 1.48 1.56
March 2004 0.37 1.63 1.65
April 2004 0.36 1.65 1.62
May 2004 0.33 1.65 1.68
June 2004 0.30 1.53 1.62
July 2004 0.33 1.68 1.62
August 2004 0.33 1.69 1.61
September 2004 0.35 1.56 1.59
October 2004 0.41 1.66 1.59
November 2004 0.32 1.46 1.57
December 2004 0.33 1.71 1.61
January 2005 0.41 1.74 1.65
February 2005 0.42 1.79 1.63
March 2005 0.28 1.58 1.58
April 2005 0.40 1.66 1.65
May 2005 0.31 1.71 1.64
June 2005 0.35 1.72 1.68
July 2005 0.33 1.72 1.72
August 2005 0.37 1.73 1.72
September 2005 0.36 1.79 1.80
October 2005 0.33 1.74 1.74
November 2005 0.34 1.81 1.73
December 2005 0.37 1.63 1.66
January 2006 0.45 1.82 1.69
February 2006 0.32 1.80 1.64
March 2006 0.37 1.60 1.55
April 2006 0.31 1.51 1.50
May 2006 0.37 1.57 1.45
June 2006 0.35 1.45 1.39
July 2006 0.31 1.42 1.31
August 2006 0.29 1.36 1.28
September 2006 0.34 1.38 1.22
October 2006 0.28 1.21 1.18
November 2006 0.28 1.29 1.16
December 2006 0.40 1.25 1.20
January 2007 0.28 1.13 1.17
February 2007 0.29 1.19 1.14
March 2007 0.29 1.20 1.15
April 2007 0.29 1.20 1.06
May 2007 0.29 1.13 1.04
June 2007 0.32 1.13 1.00
July 2007 0.31 1.04 0.98
August 2007 0.37 0.96 0.92
September 2007 0.25 0.94 0.86
October 2007 0.39 0.88 0.82
November 2007 0.36 0.83 0.80
December 2007 0.23 0.81 0.74
January 2008 0.31 0.77 0.71
February 2008 0.38 0.72 0.66
March 2008 0.28 0.73 0.64
April 2008 0.33 0.68 0.66
May 2008 0.29 0.68 0.63
June 2008 0.40 0.65 0.61
July 2008 0.31 0.62 0.57
August 2008 0.24 0.61 0.54
September 2008 0.28 0.54 0.53
October 2008 0.24 0.54 0.47
November 2008 0.19 0.46 0.42
December 2008 0.16 0.40 0.36
January 2009 0.13 0.36 0.34
February 2009 0.22 0.36 0.38
March 2009 0.15 0.35 0.36
April 2009 0.09 0.39 0.39
May 2009 0.13 0.41 0.43
June 2009 0.10 0.48 0.46
July 2009 0.09 0.51 0.49
August 2009 0.10 0.49 0.49
September 2009 0.08 0.51 0.48
October 2009 0.06 0.48 0.47
November 2009 0.09 0.50 0.48
December 2009 0.10 0.48 0.51
January 2010 0.10 0.51 0.50
February 2010 0.08 0.53 0.51
March 2010 0.09 0.54 0.54
April 2010 0.12 0.57 0.48
May 2010 0.13 0.46 0.44
June 2010 0.09 0.45 0.43
July 2010 0.12 0.43 0.41
August 2010 0.18 0.42 0.40
September 2010 0.15 0.45 0.40
October 2010 0.11 0.44 0.41
November 2010 0.09 0.45 0.42
December 2010 0.11 0.43 0.45
January 2011 0.20 0.43 0.42
February 2011 0.13 0.39 0.38
March 2011 0.17 0.43 0.40
April 2011 0.14 0.42 0.40
May 2011 0.15 0.41 0.41
June 2011 0.17 0.44 0.41
July 2011 0.19 0.43 0.42
August 2011 0.16 0.42 0.43
September 2011 0.23 0.42 0.43
October 2011 0.17 0.44 0.44
November 2011 0.25 0.47 0.45
December 2011 0.17 0.52 0.46
January 2012 0.21 0.52 0.46
February 2012 0.24 0.47 0.49
March 2012 0.22 0.47 0.48
April 2012 0.25 0.50 0.48
May 2012 0.19 0.52 0.50
June 2012 0.23 0.52 0.50
July 2012 0.22 0.52 0.52
August 2012 0.22 0.54 0.52
September 2012 0.25 0.59 0.56
October 2012 0.30 0.61 0.57
November 2012 0.26 0.57 0.57
December 2012 0.36 0.62 0.59
January 2013 0.28 0.61 0.59
February 2013 0.31 0.66 0.61
March 2013 0.38 0.62 0.61
April 2013 0.25 0.58 0.62
May 2013 0.32 0.60 0.62
June 2013 0.25 0.61 0.63
July 2013 0.29 0.60 0.62
August 2013 0.27 0.62 0.63
September 2013 0.28 0.58 0.62
October 2013 0.33 0.59 0.62
November 2013 0.39 0.71 0.65
December 2013 0.36 0.65 0.61
January 2014 0.32 0.58 0.62
February 2014 0.35 0.60 0.61
March 2014 0.32 0.65 0.62
April 2014 0.39 0.65 0.62
May 2014 0.35 0.64 0.63
June 2014 0.33 0.60 0.65
July 2014 0.43 0.65 0.64
August 2014 0.35 0.64 0.64
September 2014 0.34 0.66 0.66
October 2014 0.38 0.72 0.65
November 2014 0.33 0.66 0.66
December 2014 0.36 0.72 0.68
January 2015 0.39 0.71 0.67
February 2015 0.30 0.59 0.64
March 2015 0.34 0.63 0.66
April 2015 0.45 0.75 0.68
May 2015 0.37 0.69 0.69
June 2015 0.53 0.69 0.70
July 2015 0.39 0.76 0.69
August 2015 0.40 0.73 0.71
September 2015 0.45 0.74 0.71
October 2015 0.36 0.71 0.73
November 2015 0.39 0.79 0.74
December 2015 0.40 0.77 0.74
January 2016 0.35 0.78 0.73
February 2016 0.37 0.85 0.73
March 2016 0.36 0.75 0.73
April 2016 0.39 0.76 0.74
May 2016 0.39 0.74 0.73
June 2016 0.43 0.76 0.74
July 2016 0.45 0.77 0.71
August 2016 0.44 0.72 0.74
September 2016 0.27 0.78 0.74
October 2016 0.45 0.87 0.77
November 2016 0.27 0.83 0.78
December 2016 0.43 0.80 0.83

Note: The data extend through December 2016.

Source: Department of Commerce, Bureau of the Census.

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Figure 9. Change in real private nonresidential fixed investment

Percent, annual rate

Period Structures Equipment and intangible capital
2010 -3.96 11.98
2011 8.01 9.21
2012 4.12 5.53
2013 5.78 4.51
2014 8.01 4.14
2015 -8.78 3.77
2016:H1 -1.00 -1.32
2016:H2 3.14 1.55

Source: Department of Commerce, Bureau of Economic Analysis.

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Figure 10. Change in real imports and exports of goods and services

Percent, annual rate

Period Imports Exports
2011 3.49 4.16
2012 0.27 2.18
2013 2.45 5.92
2014 6.09 3.05
2015 2.54 -2.16
2016:H1 -0.20 0.52
2016:Q3 2.19 9.97
2016:Q4 8.25 -4.30

Source: Department of Commerce, Bureau of Economic Analysis.

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Figure 11. Change in real government expenditures on consumption and investment

Percent, annual rate

Period Federal State and local
2009 3.94 1.30
2010 3.25 -4.03
2011 -4.01 -2.35
2012 -2.14 -2.27
2013 -6.67 -0.11
2014 -1.31 1.32
2015 1.69 2.48
2016:H1 -0.94 0.49
2016:H2 0.60 1.19

Source: Department of Commerce, Bureau of Economic Analysis.

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Figure 12. Yields on nominal Treasury securities

Series: 5-, 10-, and 30-year yields on nominal Treasury securities

Horizon: January 2000, to February 9, 2017

Description: Daily data are plotted as three curves. Units are percent. The curves follow similar patterns and rarely intersect.

The 5-year Treasury yield curve starts in 2000 at 6.5 and declines steeply to just above 2 in 2003. The series gradually increases over the next three years to roughly 5 in 2006, where it stays until dropping to about 1.5 in late 2008. The series increases in the beginning of 2009 to roughly 2.5, and it remains between 2 and 3 until declining and returning to 1 during 2010. The series rises back above 2 in early 2011 but falls again below 1 in late 2011, where it stays until mid-2013. It then increases sharply to roughly 1.5. The series generally stays between 1 and 2 until the end of 2016, when it increases sharply again to 2. The 5-year Treasury yield curve ends at around 2 in February 2017.

The 10-year Treasury yield curve starts in 2000 slightly above 6.5 but does not fall as steeply as the 5-year Treasury yield curve and reaches a low of roughly 3 in 2003. The series gradually increases over the next three years to roughly 5 in 2006, once again at the same level as the 5-year Treasury yield curve. After 2007, the 10-year Treasury yield curve remains above the 5-year Treasury yield curve by roughly 1 percentage point. The curve drops below 2.5 in late 2008. The series then increases in the beginning of 2009 to nearly 4, and it remains between 3 and 4 until declining and returning to 2.5 during 2010. The series rises back above 3 in early 2011 but falls again below 2 in late 2011, where it stays until mid-2013. It then sharply increases to about 2.75. With a slight uptick in mid-2015, the series gradually declines from its 2.75 peak to a low of 1.5 at the end of 2016 before sharply increasing to about 2.5. The 10-year Treasury yield curve ends at about 2.5 in February 2017.

The 30-year Treasury yield curve starts in 2000 slightly above 6.5 and gradually falls to just above 5.25 in early 2002, when the series breaks until early 2006. The series resumes at roughly 4.5 and hovers around this value until late 2008, when the series rapidly spikes down to about 2.5. The series rises back above 4 in mid-2009, where it remains until declining to 3.75 during 2010. The series rises back near 4.5 in early 2011 but falls below 3 in late 2011, where it stays until mid-2013. In mid-2013 the series sharply increases to nearly 4. The series falls gradually to about 2.25 in early 2015, reaching a level close to the 10-year Treasury yield. In mid-2015, the series rises to slightly more than 3 and gradually declines to about 2.5 at the end of 2016, when it sharply increases again to slightly more than 3. The 30-year Treasury yield curve ends at around 3 in February 2017.

Note: The Treasury ceased publication of the 30-year constant maturity series on February 18, 2002, and resumed that series on February 9, 2006.

Source: Department of the Treasury.

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Figure 13. Equity prices

Series: Dow Jones bank index and S&P 500 index

Horizon: January 1994, to February 9, 2017

Description: Daily data are plotted as two curves. Units for both series have been indexed to 100 based on their respective values on December 31, 2007.

The Dow Jones bank index series starts in January 1994 at approximately 30. The series increases to approximately 110 in 1998, after which it fluctuates between about 70 and 100 from 1999 through 2003. The series then increases to approximately 140 in early 2007 before falling sharply to approximately 20 in early 2009. The series gradually recovers over the next several years, rising to approximately 80 in mid-2015 before dropping slightly to approximately 65 in early 2016. The series sharply increases at the end of 2016 to about 100, where it ends in February 2017.

The S&P 500 index series starts in January 1994 at approximately 30. The series increases to approximately 100 in 2000 before falling to approximately 50 by the end of 2002. The series increases to approximately 100 in early 2007, then sharply falls to approximately 50 in early 2009. The series generally increases over the next several years to about 140 in 2015 before fluctuating between approximately 120 and 140 until the end of 2016, when it increases to nearly 160. The series ends just below 160 in February 2017.

Source: Standard & Poor's Dow Jones Indices via Bloomberg. (For Dow Jones Indices licensing information, see the note on the Contents page or Figure 14 in the full report.)

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Figure 14. Ratio of total commercial bank credit to nominal gross domestic product

Quarterly

Period Percent
2005:Q1 62.84
2005:Q2 63.57
2005:Q3 64.06
2005:Q4 64.40
2006:Q1 64.46
2006:Q2 65.56
2006:Q3 66.44
2006:Q4 66.65
2007:Q1 67.26
2007:Q2 67.65
2007:Q3 68.68
2007:Q4 69.77
2008:Q1 70.98
2008:Q2 70.65
2008:Q3 70.67
2008:Q4 72.59
2009:Q1 72.26
2009:Q2 71.60
2009:Q3 69.66
2009:Q4 67.10
2010:Q1 65.52
2010:Q2 63.64
2010:Q3 62.90
2010:Q4 62.28
2011:Q1 61.97
2011:Q2 60.94
2011:Q3 60.94
2011:Q4 61.00
2012:Q1 60.89
2012:Q2 60.86
2012:Q3 61.18
2012:Q4 61.40
2013:Q1 61.21
2013:Q2 61.14
2013:Q3 60.40
2013:Q4 59.87
2014:Q1 60.63
2014:Q2 60.81
2014:Q3 60.90
2014:Q4 61.36
2015:Q1 62.48
2015:Q2 62.88
2015:Q3 63.23
2015:Q4 63.97
2016:Q1 64.91
2016:Q2 65.33
2016:Q3 65.72
2016:Q4 66.06

Source: Federal Reserve Board, Statistical Release H.8, "Assets and Liabilities of Commercial Banks in the United States"; Department of Commerce, Bureau of Economic Analysis.

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Figure 15. 10-year nominal benchmark yields in selected advanced economies

Series: United States, United Kingdom, Germany, and Japan 10-year benchmark yields

Horizon: January 9, 2014, to February 9, 2017

Description: The data are weekly averages of daily data and are plotted as four curves. Units are in percent along the right axis. The curves generally move in the same direction from 2014 to 2016, with the United States and United Kingdom tracking closely until the middle of 2016 and both remaining above Germany and Japan. Germany starts considerably higher than Japan but dips briefly below Japan twice, in the first half of 2015 and near the end of 2016.

The series for the United States starts in January 2014 at approximately 3 and gradually decreases to about 1.7 by midway through the first quarter of 2015. The series then climbs to around 2.4 by the beginning of the third quarter. It then fluctuates between 2.0 and just above 2.3 until the end of 2015. The series then declines to just above 1.7 in February 2016 before fluctuating between 1.7 and 1.95 through the beginning of June. The series dips to below 1.5 in the middle of 2016 before beginning to rise substantially around November 2016. The series peaks above 2.5 near the beginning of 2017.

The series for the United Kingdom starts in January 2014 at just below 3 and gradually declines to about 1.45 by the middle of the first quarter of 2015. The series then increases to about 1.85 and decreases again back to around 1.5 in the end of the first quarter of 2015. The series then climbs to about 2.1 by the beginning of the third quarter and fluctuates between 1.75 and just above 2.0 until the end of 2015. The series then declines to about 1.4 by the middle of the first quarter of 2016 before fluctuating between about 1.4 and 1.6 through the end of May. The series then begins to fall rapidly around June of 2016, with the trough coming in the third quarter at around 0.5. The series then begins to recover, ending around 1.3.

The series for Germany starts in January 2014 at around 1.9 and steadily decreases to just above 0.9 by midway through the third quarter. The series rebounds slightly to almost 1.1 at the end of the third quarter before continuing its steady decline to about 0.1 by the beginning of the second quarter of 2015. Then the series increases to about 0.9 by the end of the second quarter before declining to below 0.2 by the middle of the first quarter of 2016. It fluctuates between 0.1 and 0.3 through the beginning of June. The series dips below zero around the middle of 2016 and fluctuates near zero until the fourth quarter, when the series begins to rise, ending at just below 0.5.

The series for Japan starts in January of 2014 at 0.7 and gradually declines to about 0.25 in early 2015. Beginning in February 2015, it slowly increases to almost 0.5 by the end of the second quarter of 2015. The series then declines to its lowest value of near -0.25 in the third quarter of 2016 before gradually rising just above zero by the series' end.

Note: The data are weekly averages of daily data and extend through February 9, 2017.

Source: Bloomberg.

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Figure 16. U.S. dollar exchange rate indexes

Weekly
Week ending January 9, 2014 = 100

Period Mexican peso Chinese renminbi Broad dollar British pound
9 January 2014 100.00 100.00 100.00 100.00
16 January 2014 100.13 99.93 100.06 100.21
23 January 2014 101.66 99.98 100.66 99.49
30 January 2014 102.10 100.01 100.88 99.36
6 February 2014 101.98 100.13 101.00 100.57
13 February 2014 101.65 100.16 100.62 99.61
20 February 2014 101.25 100.36 100.38 98.43
27 February 2014 101.24 101.02 100.63 98.64
6 March 2014 101.14 101.39 100.50 98.30
13 March 2014 100.97 101.41 100.41 98.69
20 March 2014 100.82 102.25 100.54 99.02
27 March 2014 100.40 102.59 100.77 99.38
3 April 2014 99.87 102.62 100.46 98.81
10 April 2014 99.38 102.56 99.98 98.44
17 April 2014 99.76 102.75 100.01 98.06
24 April 2014 99.74 103.03 100.26 97.85
1 May 2014 100.06 103.38 100.24 97.56
8 May 2014 99.15 103.08 99.76 97.11
15 May 2014 98.84 102.94 99.83 97.68
22 May 2014 98.57 103.03 99.81 97.57
29 May 2014 98.24 103.17 99.95 98.05
5 June 2014 98.54 103.28 100.17 98.04
12 June 2014 99.18 102.97 100.10 97.84
19 June 2014 99.56 102.85 100.11 96.79
26 June 2014 99.35 102.90 99.83 96.68
3 July 2014 99.02 102.59 99.44 96.02
10 July 2014 99.21 102.48 99.47 95.96
17 July 2014 99.01 102.53 99.70 96.03
24 July 2014 98.87 102.49 99.80 96.44
31 July 2014 99.83 102.13 100.22 97.03
7 August 2014 101.11 101.96 100.69 97.56
14 August 2014 100.43 101.71 100.57 98.11
21 August 2014 99.84 101.53 100.51 98.71
28 August 2014 100.13 101.60 100.85 99.15
4 September 2014 100.02 101.50 101.05 99.78
11 September 2014 100.43 101.37 101.69 101.58
18 September 2014 100.86 101.46 102.09 100.86
25 September 2014 101.50 101.42 102.64 100.61
2 October 2014 102.65 101.43 103.45 101.34
9 October 2014 102.59 101.41 103.59 102.40
16 October 2014 102.98 101.23 103.41 102.72
23 October 2014 103.26 101.14 103.43 102.13
30 October 2014 102.97 101.03 103.41 102.01
6 November 2014 103.57 101.03 104.72 102.95
13 November 2014 103.61 101.18 105.12 103.97
20 November 2014 103.67 101.18 105.31 104.95
27 November 2014 104.26 101.37 105.46 104.56
4 December 2014 107.07 101.62 106.55 104.77
11 December 2014 110.46 102.03 107.45 104.93
18 December 2014 112.15 102.37 108.00 104.76
25 December 2014 112.15 102.79 108.52 105.54
1 January 2015 112.45 102.61 108.62 105.64
8 January 2015 113.07 102.66 109.68 108.19
15 January 2015 111.40 102.42 109.51 108.30
22 January 2015 111.82 102.62 109.99 108.73
29 January 2015 112.00 103.17 110.94 108.83
5 February 2015 113.27 103.33 111.33 108.58
12 February 2015 114.02 103.16 111.60 107.66
19 February 2015 113.87 103.29 111.43 106.68
26 February 2015 114.49 103.38 111.77 106.44
5 March 2015 114.72 103.61 112.28 107.15
12 March 2015 118.07 103.47 114.24 109.43
19 March 2015 117.70 103.09 114.75 111.48
26 March 2015 114.48 102.59 112.76 110.32
2 April 2015 115.81 102.50 113.21 110.77
9 April 2015 113.77 102.41 112.40 110.46
16 April 2015 116.46 102.56 113.19 111.35
23 April 2015 117.35 102.42 112.52 109.76
30 April 2015 116.77 102.50 111.46 107.35
7 May 2015 117.65 102.52 111.44 108.27
14 May 2015 116.14 102.55 110.95 105.03
21 May 2015 115.69 102.50 111.16 105.10
28 May 2015 117.11 102.46 112.74 106.90
4 June 2015 118.01 102.43 112.79 107.39
11 June 2015 118.77 102.53 112.66 106.79
18 June 2015 117.49 102.58 112.11 104.84
25 June 2015 117.57 102.58 112.13 104.20
2 July 2015 119.68 102.52 112.92 104.74
9 July 2015 120.59 102.60 113.73 106.40
16 July 2015 120.18 102.59 113.95 105.59
23 July 2015 122.31 102.60 114.88 105.48
30 July 2015 124.33 102.60 115.18 105.45
6 August 2015 123.79 102.60 115.68 105.39
13 August 2015 124.20 104.18 116.07 105.60
20 August 2015 125.79 105.62 116.82 105.07
27 August 2015 129.77 105.81 116.97 105.32
3 September 2015 128.44 105.22 117.20 107.24
10 September 2015 128.28 105.24 117.44 107.08
17 September 2015 127.57 105.23 116.96 106.44
24 September 2015 128.72 105.33 117.51 106.83
1 October 2015 129.57 105.15 117.87 108.38
8 October 2015 127.15 105.02 116.66 107.79
15 October 2015 125.94 104.84 115.53 106.94
22 October 2015 126.21 104.98 115.99 106.39
29 October 2015 126.19 104.98 116.89 107.24
5 November 2015 125.94 104.46 116.87 106.88
12 November 2015 128.25 104.97 118.31 108.65
19 November 2015 127.68 105.38 118.60 107.90
26 November 2015 126.04 105.54 118.36 108.68
3 December 2015 126.78 105.58 118.62 109.32
10 December 2015 129.37 106.01 118.73 108.82
17 December 2015 131.57 106.84 119.64 109.17
24 December 2015 131.02 107.04 119.80 110.40
31 December 2015 131.70 107.09 119.86 110.95
7 January 2016 133.24 108.25 121.12 112.27
14 January 2016 136.73 108.70 121.91 113.55
21 January 2016 140.28 108.73 122.69 115.69
28 January 2016 140.75 108.70 122.34 114.92
4 February 2016 139.89 108.64 121.66 113.98
11 February 2016 143.42 108.58 121.02 113.70
18 February 2016 141.70 107.94 120.82 114.53
25 February 2016 138.72 107.83 120.65 116.73
3 March 2016 137.27 108.14 120.56 117.48
10 March 2016 135.92 107.55 119.18 115.34
17 March 2016 135.48 107.40 118.64 114.94
24 March 2016 133.09 107.25 117.72 115.13
31 March 2016 132.78 107.20 117.60 115.05
7 April 2016 134.53 106.97 117.25 115.95
14 April 2016 134.02 106.89 116.72 115.81
21 April 2016 132.81 106.91 116.37 114.77
28 April 2016 132.89 107.24 116.54 113.15
5 May 2016 133.56 107.19 116.12 112.89
12 May 2016 137.46 107.51 117.34 113.77
19 May 2016 139.77 107.89 118.19 113.37
26 May 2016 140.77 108.28 118.96 112.66
2 June 2016 141.28 108.64 119.17 113.38
9 June 2016 140.60 108.45 117.64 113.27
16 June 2016 143.79 108.74 118.50 115.82
23 June 2016 142.03 108.73 117.68 112.40
30 June 2016 143.45 109.68 119.09 122.85
7 July 2016 142.78 110.30 118.97 126.08
14 July 2016 140.59 110.48 118.84 125.15
21 July 2016 141.60 110.48 119.16 124.53
28 July 2016 143.44 110.20 119.69 125.27
4 August 2016 143.92 109.63 118.51 123.98
11 August 2016 141.16 109.81 118.32 126.27
18 August 2016 138.35 109.58 117.33 126.46
25 August 2016 140.29 109.88 117.69 124.92
1 September 2016 142.49 110.29 118.65 125.00
8 September 2016 141.14 110.20 117.97 123.19
15 September 2016 145.86 110.30 119.00 124.19
22 September 2016 150.45 110.18 119.52 126.07
29 September 2016 149.58 110.20 119.17 126.56
6 October 2016 147.18 110.19 119.22 128.43
13 October 2016 145.72 110.84 120.08 134.04
20 October 2016 143.14 111.32 119.97 134.23
27 October 2016 142.29 111.93 120.50 134.75
3 November 2016 145.40 111.82 120.60 133.95
10 November 2016 147.29 111.99 120.92 131.87
17 November 2016 155.83 113.38 123.76 132.04
24 November 2016 156.66 113.96 124.49 132.32
1 December 2016 157.30 113.96 124.63 131.58
8 December 2016 156.16 113.67 123.88 129.87
15 December 2016 155.23 114.18 124.19 130.35
22 December 2016 156.48 114.82 125.45 132.75
29 December 2016 157.91 114.85 125.77 134.24
5 January 2017 160.91 114.51 125.41 133.33
12 January 2017 164.67 114.33 125.27 134.78
19 January 2017 165.81 113.42 124.64 133.59
26 January 2017 163.05 113.46 124.16 130.92
2 February 2017 158.89 113.63 123.28 130.90
9 February 2017 156.41 113.50 122.86 131.49

Note: The data, which are in foreign currency units per dollar, are weekly averages of daily data and extend through February 9, 2017.

Source: Federal Reserve Board, Statistical Release H.10, "Foreign Exchange Rates."

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Figure 17. Selected interest rates

Target range for the federal funds rate
Percent

Period Target federal funds rate Upper target federal funds rate Lower target federal funds rate
11 December 2007 4.25 ND ND
22 January 2008 3.50 ND ND
30 January 2008 3.00 ND ND
18 March 2008 2.25 ND ND
30 April 2008 2.00 ND ND
25 June 2008 2.00 ND ND
5 August 2008 2.00 ND ND
16 September 2008 2.00 ND ND
8 October 2008 1.50 ND ND
29 October 2008 1.00 ND ND
16 December 2008 ND 0.25 0.00
28 January 2009 ND 0.25 0.00
18 March 2009 ND 0.25 0.00
29 April 2009 ND 0.25 0.00
24 June 2009 ND 0.25 0.00
12 August 2009 ND 0.25 0.00
23 September 2009 ND 0.25 0.00
4 November 2009 ND 0.25 0.00
16 December 2009 ND 0.25 0.00
27 January 2010 ND 0.25 0.00
16 March 2010 ND 0.25 0.00
28 April 2010 ND 0.25 0.00
23 June 2010 ND 0.25 0.00
10 August 2010 ND 0.25 0.00
21 September 2010 ND 0.25 0.00
3 November 2010 ND 0.25 0.00
14 December 2010 ND 0.25 0.00
26 January 2011 ND 0.25 0.00
15 March 2011 ND 0.25 0.00
27 April 2011 ND 0.25 0.00
22 June 2011 ND 0.25 0.00
9 August 2011 ND 0.25 0.00
21 September 2011 ND 0.25 0.00
2 November 2011 ND 0.25 0.00
13 December 2011 ND 0.25 0.00
25 January 2012 ND 0.25 0.00
13 March 2012 ND 0.25 0.00
25 April 2012 ND 0.25 0.00
20 June 2012 ND 0.25 0.00
1 August 2012 ND 0.25 0.00
13 September 2012 ND 0.25 0.00
24 October 2012 ND 0.25 0.00
12 December 2012 ND 0.25 0.00
30 January 2013 ND 0.25 0.00
20 March 2013 ND 0.25 0.00
1 May 2013 ND 0.25 0.00
19 June 2013 ND 0.25 0.00
31 July 2013 ND 0.25 0.00
18 September 2013 ND 0.25 0.00
30 October 2013 ND 0.25 0.00
18 December 2013 ND 0.25 0.00
29 January 2014 ND 0.25 0.00
19 March 2014 ND 0.25 0.00
30 April 2014 ND 0.25 0.00
18 June 2014 ND 0.25 0.00
30 July 2014 ND 0.25 0.00
17 September 2014 ND 0.25 0.00
29 October 2014 ND 0.25 0.00
17 December 2014 ND 0.25 0.00
28 January 2015 ND 0.25 0.00
18 March 2015 ND 0.25 0.00
29 April 2015 ND 0.25 0.00
17 June 2015 ND 0.25 0.00
29 July 2015 ND 0.25 0.00
17 September 2015 ND 0.25 0.00
28 October 2015 ND 0.25 0.00
16 December 2015 ND 0.25 0.00
17 December 2015 ND 0.50 0.25
27 January 2016 ND 0.50 0.25
16 March 2016 ND 0.50 0.25
27 April 2016 ND 0.50 0.25
15 June 2016 ND 0.50 0.25
27 July 2016 ND 0.50 0.25
21 September 2016 ND 0.50 0.25
2 November 2016 ND 0.50 0.25
14 December 2016 ND 0.50 0.25
15 December 2016 ND 0.75 0.50
1 February 2017 ND 0.75 0.50

Source: Federal Reserve Board.

2-Year and 10-Year Treasury Rates
Daily

Percent

Date 2-year Treasury rate 10-year Treasury rate
2 January 2008 2.88 3.91
3 January 2008 2.83 3.91
4 January 2008 2.74 3.88
7 January 2008 2.76 3.86
8 January 2008 2.76 3.86
9 January 2008 2.69 3.82
10 January 2008 2.71 3.91
11 January 2008 2.59 3.82
14 January 2008 2.58 3.81
15 January 2008 2.53 3.72
16 January 2008 2.51 3.74
17 January 2008 2.44 3.66
18 January 2008 2.36 3.66
21 January 2008 ND ND
22 January 2008 2.08 3.52
23 January 2008 2.09 3.51
24 January 2008 2.25 3.68
25 January 2008 2.23 3.61
28 January 2008 2.20 3.61
29 January 2008 2.29 3.69
30 January 2008 2.30 3.78
31 January 2008 2.17 3.67
1 February 2008 2.09 3.62
4 February 2008 2.08 3.68
5 February 2008 1.93 3.61
6 February 2008 1.96 3.61
7 February 2008 1.99 3.74
8 February 2008 1.93 3.64
11 February 2008 1.93 3.62
12 February 2008 1.94 3.66
13 February 2008 1.91 3.70
14 February 2008 1.93 3.85
15 February 2008 1.91 3.76
18 February 2008 ND ND
19 February 2008 2.06 3.89
20 February 2008 2.14 3.93
21 February 2008 1.98 3.77
22 February 2008 1.98 3.79
25 February 2008 2.13 3.91
26 February 2008 2.04 3.88
27 February 2008 2.01 3.85
28 February 2008 1.87 3.71
29 February 2008 1.65 3.53
3 March 2008 1.61 3.54
4 March 2008 1.65 3.63
5 March 2008 1.66 3.70
6 March 2008 1.53 3.62
7 March 2008 1.53 3.56
10 March 2008 1.47 3.46
11 March 2008 1.74 3.60
12 March 2008 1.63 3.49
13 March 2008 1.63 3.56
14 March 2008 1.47 3.44
17 March 2008 1.35 3.34
18 March 2008 1.58 3.48
19 March 2008 1.54 3.38
20 March 2008 1.59 3.34
21 March 2008 ND ND
24 March 2008 1.84 3.56
25 March 2008 1.79 3.51
26 March 2008 1.71 3.51
27 March 2008 1.73 3.56
28 March 2008 1.67 3.47
31 March 2008 1.62 3.45
1 April 2008 1.80 3.57
2 April 2008 1.88 3.60
3 April 2008 1.91 3.61
4 April 2008 1.83 3.50
7 April 2008 1.95 3.57
8 April 2008 1.87 3.58
9 April 2008 1.77 3.49
10 April 2008 1.84 3.55
11 April 2008 1.76 3.49
14 April 2008 1.78 3.53
15 April 2008 1.84 3.60
16 April 2008 1.98 3.72
17 April 2008 2.13 3.75
18 April 2008 2.19 3.77
21 April 2008 2.20 3.75
22 April 2008 2.24 3.74
23 April 2008 2.22 3.77
24 April 2008 2.41 3.87
25 April 2008 2.44 3.91
28 April 2008 2.36 3.86
29 April 2008 2.35 3.85
30 April 2008 2.29 3.77
1 May 2008 2.37 3.78
2 May 2008 2.47 3.89
5 May 2008 2.42 3.88
6 May 2008 2.38 3.93
7 May 2008 2.31 3.87
8 May 2008 2.25 3.79
9 May 2008 2.25 3.77
12 May 2008 2.30 3.78
13 May 2008 2.47 3.90
14 May 2008 2.53 3.92
15 May 2008 2.45 3.83
16 May 2008 2.47 3.85
19 May 2008 2.42 3.83
20 May 2008 2.34 3.78
21 May 2008 2.41 3.81
22 May 2008 2.56 3.92
23 May 2008 2.46 3.85
26 May 2008 ND ND
27 May 2008 2.55 3.93
28 May 2008 2.62 4.03
29 May 2008 2.67 4.08
30 May 2008 2.66 4.06
2 June 2008 2.51 3.98
3 June 2008 2.45 3.92
4 June 2008 2.47 3.98
5 June 2008 2.52 4.06
6 June 2008 2.40 3.94
9 June 2008 2.73 4.02
10 June 2008 2.91 4.11
11 June 2008 2.83 4.10
12 June 2008 3.03 4.23
13 June 2008 3.05 4.27
16 June 2008 3.02 4.25
17 June 2008 2.94 4.23
18 June 2008 2.89 4.16
19 June 2008 2.99 4.22
20 June 2008 2.88 4.16
23 June 2008 2.98 4.19
24 June 2008 2.87 4.10
25 June 2008 2.82 4.12
26 June 2008 2.68 4.07
27 June 2008 2.65 3.99
30 June 2008 2.63 3.99
1 July 2008 2.63 4.01
2 July 2008 2.60 3.99
3 July 2008 2.54 3.99
4 July 2008 ND ND
7 July 2008 2.47 3.95
8 July 2008 2.47 3.91
9 July 2008 2.41 3.85
10 July 2008 2.44 3.83
11 July 2008 2.59 3.96
14 July 2008 2.47 3.90
15 July 2008 2.39 3.87
16 July 2008 2.44 3.97
17 July 2008 2.58 4.07
18 July 2008 2.66 4.11
21 July 2008 2.66 4.09
22 July 2008 2.74 4.14
23 July 2008 2.81 4.16
24 July 2008 2.61 4.03
25 July 2008 2.70 4.13
28 July 2008 2.59 4.06
29 July 2008 2.65 4.09
30 July 2008 2.64 4.07
31 July 2008 2.52 3.99
1 August 2008 2.51 3.97
4 August 2008 2.53 3.98
5 August 2008 2.54 4.04
6 August 2008 2.56 4.06
7 August 2008 2.43 3.92
8 August 2008 2.51 3.94
11 August 2008 2.56 3.99
12 August 2008 2.45 3.91
13 August 2008 2.50 3.94
14 August 2008 2.45 3.89
15 August 2008 2.40 3.84
18 August 2008 2.35 3.82
19 August 2008 2.32 3.83
20 August 2008 2.25 3.79
21 August 2008 2.33 3.84
22 August 2008 2.42 3.87
25 August 2008 2.33 3.79
26 August 2008 2.35 3.79
27 August 2008 2.31 3.77
28 August 2008 2.37 3.79
29 August 2008 2.36 3.83
1 September 2008 ND ND
2 September 2008 2.26 3.74
3 September 2008 2.26 3.71
4 September 2008 2.20 3.64
5 September 2008 2.23 3.66
8 September 2008 2.30 3.66
9 September 2008 2.23 3.62
10 September 2008 2.22 3.65
11 September 2008 2.18 3.64
12 September 2008 2.23 3.74
15 September 2008 1.78 3.47
16 September 2008 1.89 3.48
17 September 2008 1.64 3.41
18 September 2008 1.78 3.54
19 September 2008 2.16 3.78
22 September 2008 2.13 3.83
23 September 2008 2.11 3.85
24 September 2008 2.03 3.80
25 September 2008 2.16 3.88
26 September 2008 2.11 3.85
29 September 2008 1.70 3.61
30 September 2008 2.00 3.85
1 October 2008 1.82 3.77
2 October 2008 1.62 3.66
3 October 2008 1.60 3.63
6 October 2008 1.43 3.48
7 October 2008 1.47 3.50
8 October 2008 1.65 3.72
9 October 2008 1.65 3.84
10 October 2008 1.62 3.89
13 October 2008 ND ND
14 October 2008 1.82 4.08
15 October 2008 1.64 4.04
16 October 2008 1.61 3.99
17 October 2008 1.64 3.98
20 October 2008 1.71 3.91
21 October 2008 1.58 3.76
22 October 2008 1.53 3.65
23 October 2008 1.54 3.63
24 October 2008 1.57 3.76
27 October 2008 1.59 3.79
28 October 2008 1.65 3.89
29 October 2008 1.58 3.93
30 October 2008 1.59 4.00
31 October 2008 1.56 4.01
3 November 2008 1.45 3.96
4 November 2008 1.39 3.81
5 November 2008 1.36 3.73
6 November 2008 1.28 3.75
7 November 2008 1.33 3.83
10 November 2008 1.27 3.82
11 November 2008 ND ND
12 November 2008 1.19 3.75
13 November 2008 1.24 3.84
14 November 2008 1.22 3.72
17 November 2008 1.22 3.68
18 November 2008 1.15 3.53
19 November 2008 1.09 3.38
20 November 2008 1.00 3.10
21 November 2008 1.09 3.20
24 November 2008 1.31 3.35
25 November 2008 1.15 3.11
26 November 2008 1.09 2.99
27 November 2008 ND ND
28 November 2008 1.00 2.93
1 December 2008 0.90 2.72
2 December 2008 0.90 2.68
3 December 2008 0.87 2.67
4 December 2008 0.82 2.55
5 December 2008 0.93 2.67
8 December 2008 0.97 2.77
9 December 2008 0.84 2.67
10 December 2008 0.86 2.69
11 December 2008 0.79 2.64
12 December 2008 0.78 2.60
15 December 2008 0.75 2.53
16 December 2008 0.65 2.37
17 December 2008 0.73 2.20
18 December 2008 0.68 2.08
19 December 2008 0.74 2.13
22 December 2008 0.87 2.16
23 December 2008 0.90 2.18
24 December 2008 0.90 2.20
25 December 2008 ND ND
26 December 2008 0.89 2.16
29 December 2008 0.78 2.13
30 December 2008 0.75 2.11
31 December 2008 0.76 2.25
1 January 2009 ND ND
2 January 2009 0.88 2.46
5 January 2009 0.78 2.49
6 January 2009 0.80 2.51
7 January 2009 0.82 2.52
8 January 2009 0.83 2.47
9 January 2009 0.75 2.43
12 January 2009 0.74 2.34
13 January 2009 0.76 2.33
14 January 2009 0.73 2.24
15 January 2009 0.73 2.23
16 January 2009 0.73 2.36
19 January 2009 ND ND
20 January 2009 0.73 2.40
21 January 2009 0.78 2.56
22 January 2009 0.75 2.62
23 January 2009 0.83 2.65
26 January 2009 0.85 2.70
27 January 2009 0.87 2.59
28 January 2009 0.89 2.71
29 January 2009 0.95 2.87
30 January 2009 0.94 2.87
2 February 2009 0.89 2.76
3 February 2009 0.96 2.89
4 February 2009 0.98 2.95
5 February 2009 0.98 2.95
6 February 2009 0.99 3.05
9 February 2009 1.05 3.07
10 February 2009 0.92 2.90
11 February 2009 0.93 2.78
12 February 2009 0.89 2.75
13 February 2009 0.97 2.89
16 February 2009 ND ND
17 February 2009 0.87 2.64
18 February 2009 0.97 2.74
19 February 2009 1.01 2.85
20 February 2009 0.96 2.78
23 February 2009 0.96 2.78
24 February 2009 1.03 2.80
25 February 2009 1.09 2.95
26 February 2009 1.08 2.98
27 February 2009 1.00 3.02
2 March 2009 0.89 2.91
3 March 2009 0.91 2.93
4 March 2009 0.97 3.01
5 March 2009 0.90 2.83
6 March 2009 0.91 2.83
9 March 2009 0.96 2.89
10 March 2009 1.01 2.99
11 March 2009 1.03 2.95
12 March 2009 1.03 2.89
13 March 2009 0.98 2.89
16 March 2009 1.00 2.97
17 March 2009 1.05 3.02
18 March 2009 0.82 2.51
19 March 2009 0.87 2.61
20 March 2009 0.89 2.65
23 March 2009 0.93 2.68
24 March 2009 0.93 2.68
25 March 2009 0.96 2.81
26 March 2009 0.90 2.76
27 March 2009 0.90 2.78
30 March 2009 0.84 2.73
31 March 2009 0.81 2.71
1 April 2009 0.83 2.68
2 April 2009 0.88 2.77
3 April 2009 0.96 2.91
6 April 2009 0.94 2.95
7 April 2009 0.91 2.93
8 April 2009 0.93 2.86
9 April 2009 0.96 2.96
10 April 2009 ND ND
13 April 2009 0.89 2.88
14 April 2009 0.86 2.80
15 April 2009 0.86 2.82
16 April 2009 0.91 2.86
17 April 2009 0.99 2.98
20 April 2009 0.93 2.88
21 April 2009 0.96 2.94
22 April 2009 1.00 2.98
23 April 2009 0.97 2.96
24 April 2009 0.99 3.03
27 April 2009 0.90 2.95
28 April 2009 0.95 3.05
29 April 2009 0.94 3.12
30 April 2009 0.91 3.16
1 May 2009 0.92 3.21
4 May 2009 0.94 3.19
5 May 2009 0.98 3.20
6 May 2009 0.96 3.18
7 May 2009 1.00 3.29
8 May 2009 1.00 3.29
11 May 2009 0.92 3.17
12 May 2009 0.90 3.17
13 May 2009 0.89 3.11
14 May 2009 0.87 3.10
15 May 2009 0.88 3.14
18 May 2009 0.93 3.22
19 May 2009 0.91 3.25
20 May 2009 0.87 3.19
21 May 2009 0.89 3.35
22 May 2009 0.92 3.45
25 May 2009 ND ND
26 May 2009 0.96 3.50
27 May 2009 0.96 3.71
28 May 2009 0.97 3.67
29 May 2009 0.92 3.47
1 June 2009 0.97 3.71
2 June 2009 0.96 3.65
3 June 2009 0.91 3.56
4 June 2009 0.96 3.72
5 June 2009 1.32 3.84
8 June 2009 1.42 3.91
9 June 2009 1.33 3.86
10 June 2009 1.38 3.98
11 June 2009 1.35 3.88
12 June 2009 1.30 3.81
15 June 2009 1.26 3.76
16 June 2009 1.23 3.67
17 June 2009 1.19 3.68
18 June 2009 1.28 3.86
19 June 2009 1.25 3.79
22 June 2009 1.17 3.72
23 June 2009 1.14 3.65
24 June 2009 1.19 3.72
25 June 2009 1.12 3.55
26 June 2009 1.10 3.52
29 June 2009 1.11 3.51
30 June 2009 1.11 3.53
1 July 2009 1.05 3.55
2 July 2009 0.98 3.51
3 July 2009 ND ND
6 July 2009 0.96 3.52
7 July 2009 0.98 3.47
8 July 2009 0.91 3.33
9 July 2009 0.94 3.44
10 July 2009 0.91 3.32
13 July 2009 0.92 3.38
14 July 2009 0.97 3.50
15 July 2009 1.03 3.63
16 July 2009 1.00 3.59
17 July 2009 1.02 3.67
20 July 2009 0.99 3.61
21 July 2009 0.96 3.50
22 July 2009 0.98 3.58
23 July 2009 1.08 3.72
24 July 2009 1.05 3.70
27 July 2009 1.08 3.75
28 July 2009 1.12 3.72
29 July 2009 1.17 3.69
30 July 2009 1.19 3.67
31 July 2009 1.13 3.52
3 August 2009 1.18 3.66
4 August 2009 1.20 3.70
5 August 2009 1.23 3.80
6 August 2009 1.22 3.79
7 August 2009 1.32 3.89
10 August 2009 1.24 3.80
11 August 2009 1.21 3.71
12 August 2009 1.18 3.72
13 August 2009 1.12 3.59
14 August 2009 1.07 3.55
17 August 2009 1.04 3.48
18 August 2009 1.06 3.51
19 August 2009 1.01 3.45
20 August 2009 1.03 3.42
21 August 2009 1.13 3.56
24 August 2009 1.05 3.48
25 August 2009 1.05 3.45
26 August 2009 1.06 3.44
27 August 2009 1.04 3.47
28 August 2009 1.01 3.46
31 August 2009 0.97 3.40
1 September 2009 0.92 3.38
2 September 2009 0.89 3.29
3 September 2009 0.91 3.33
4 September 2009 0.94 3.45
7 September 2009 ND ND
8 September 2009 0.93 3.47
9 September 2009 0.93 3.48
10 September 2009 0.90 3.36
11 September 2009 0.90 3.34
14 September 2009 0.94 3.42
15 September 2009 0.96 3.47
16 September 2009 1.01 3.48
17 September 2009 0.98 3.42
18 September 2009 1.03 3.49
21 September 2009 1.02 3.49
22 September 2009 1.02 3.46
23 September 2009 0.96 3.44
24 September 2009 0.93 3.40
25 September 2009 0.98 3.34
28 September 2009 0.98 3.31
29 September 2009 1.00 3.31
30 September 2009 0.95 3.31
1 October 2009 0.87 3.21
2 October 2009 0.88 3.24
5 October 2009 0.88 3.24
6 October 2009 0.91 3.27
7 October 2009 0.87 3.21
8 October 2009 0.90 3.27
9 October 2009 0.98 3.40
12 October 2009 ND ND
13 October 2009 0.91 3.34
14 October 2009 0.96 3.45
15 October 2009 0.97 3.49
16 October 2009 0.97 3.43
19 October 2009 0.99 3.41
20 October 2009 0.95 3.35
21 October 2009 1.00 3.42
22 October 2009 0.97 3.44
23 October 2009 1.04 3.51
26 October 2009 1.06 3.59
27 October 2009 0.99 3.49
28 October 2009 0.95 3.44
29 October 2009 0.98 3.53
30 October 2009 0.90 3.41
2 November 2009 0.92 3.45
3 November 2009 0.92 3.50
4 November 2009 0.91 3.57
5 November 2009 0.90 3.57
6 November 2009 0.86 3.54
9 November 2009 0.87 3.52
10 November 2009 0.85 3.50
11 November 2009 ND ND
12 November 2009 0.82 3.45
13 November 2009 0.82 3.43
16 November 2009 0.78 3.33
17 November 2009 0.78 3.33
18 November 2009 0.77 3.36
19 November 2009 0.73 3.35
20 November 2009 0.75 3.36
23 November 2009 0.77 3.37
24 November 2009 0.73 3.32
25 November 2009 0.73 3.28
26 November 2009 ND ND
27 November 2009 0.68 3.21
30 November 2009 0.67 3.21
1 December 2009 0.67 3.28
2 December 2009 0.72 3.32
3 December 2009 0.74 3.39
4 December 2009 0.84 3.48
7 December 2009 0.78 3.44
8 December 2009 0.73 3.40
9 December 2009 0.76 3.45
10 December 2009 0.78 3.49
11 December 2009 0.83 3.55
14 December 2009 0.87 3.56
15 December 2009 0.88 3.60
16 December 2009 0.85 3.61
17 December 2009 0.77 3.50
18 December 2009 0.82 3.55
21 December 2009 0.89 3.69
22 December 2009 0.95 3.76
23 December 2009 0.96 3.77
24 December 2009 1.00 3.82
25 December 2009 ND ND
28 December 2009 1.09 3.85
29 December 2009 1.09 3.82
30 December 2009 1.08 3.80
31 December 2009 1.14 3.85
1 January 2010 ND ND
4 January 2010 1.09 3.85
5 January 2010 1.01 3.77
6 January 2010 1.01 3.85
7 January 2010 1.03 3.85
8 January 2010 0.96 3.83
11 January 2010 0.95 3.85
12 January 2010 0.92 3.74
13 January 2010 0.97 3.80
14 January 2010 0.94 3.76
15 January 2010 0.89 3.70
18 January 2010 ND ND
19 January 2010 0.93 3.73
20 January 2010 0.92 3.68
21 January 2010 0.87 3.62
22 January 2010 0.84 3.62
25 January 2010 0.86 3.66
26 January 2010 0.87 3.65
27 January 2010 0.90 3.66
28 January 2010 0.87 3.68
29 January 2010 0.82 3.63
1 February 2010 0.86 3.68
2 February 2010 0.86 3.67
3 February 2010 0.88 3.73
4 February 2010 0.80 3.62
5 February 2010 0.77 3.59
8 February 2010 0.79 3.62
9 February 2010 0.84 3.67
10 February 2010 0.91 3.72
11 February 2010 0.91 3.73
12 February 2010 0.84 3.69
15 February 2010 ND ND
16 February 2010 0.82 3.66
17 February 2010 0.87 3.74
18 February 2010 0.90 3.79
19 February 2010 0.95 3.78
22 February 2010 0.91 3.80
23 February 2010 0.87 3.69
24 February 2010 0.87 3.70
25 February 2010 0.82 3.64
26 February 2010 0.81 3.61
1 March 2010 0.80 3.61
2 March 2010 0.80 3.62
3 March 2010 0.82 3.63
4 March 2010 0.86 3.61
5 March 2010 0.91 3.69
8 March 2010 0.90 3.72
9 March 2010 0.89 3.71
10 March 2010 0.92 3.73
11 March 2010 0.97 3.73
12 March 2010 0.97 3.71
15 March 2010 0.96 3.71
16 March 2010 0.93 3.66
17 March 2010 0.95 3.65
18 March 2010 0.98 3.68
19 March 2010 1.02 3.70
22 March 2010 1.01 3.67
23 March 2010 1.02 3.69
24 March 2010 1.08 3.84
25 March 2010 1.10 3.91
26 March 2010 1.04 3.86
29 March 2010 1.04 3.88
30 March 2010 1.06 3.88
31 March 2010 1.02 3.84
1 April 2010 1.05 3.89
2 April 2010 1.11 3.96
5 April 2010 1.18 4.01
6 April 2010 1.14 3.98
7 April 2010 1.06 3.89
8 April 2010 1.09 3.91
9 April 2010 1.08 3.90
12 April 2010 1.07 3.87
13 April 2010 1.07 3.84
14 April 2010 1.07 3.88
15 April 2010 1.04 3.86
16 April 2010 0.98 3.79
19 April 2010 1.01 3.83
20 April 2010 1.05 3.82
21 April 2010 1.03 3.77
22 April 2010 1.07 3.80
23 April 2010 1.10 3.84
26 April 2010 1.09 3.83
27 April 2010 1.03 3.71
28 April 2010 1.03 3.80
29 April 2010 1.01 3.76
30 April 2010 0.97 3.69
3 May 2010 1.00 3.72
4 May 2010 0.96 3.63
5 May 2010 0.88 3.58
6 May 2010 0.75 3.41
7 May 2010 0.83 3.45
10 May 2010 0.87 3.57
11 May 2010 0.85 3.56
12 May 2010 0.89 3.56
13 May 2010 0.87 3.55
14 May 2010 0.79 3.44
17 May 2010 0.81 3.47
18 May 2010 0.76 3.38
19 May 2010 0.80 3.36
20 May 2010 0.76 3.25
21 May 2010 0.76 3.20
24 May 2010 0.77 3.23
25 May 2010 0.81 3.18
26 May 2010 0.82 3.21
27 May 2010 0.87 3.34
28 May 2010 0.76 3.31
31 May 2010 ND ND
1 June 2010 0.78 3.29
2 June 2010 0.82 3.35
3 June 2010 0.82 3.39
4 June 2010 0.72 3.20
7 June 2010 0.74 3.17
8 June 2010 0.74 3.18
9 June 2010 0.74 3.20
10 June 2010 0.79 3.33
11 June 2010 0.75 3.24
14 June 2010 0.77 3.28
15 June 2010 0.79 3.32
16 June 2010 0.75 3.27
17 June 2010 0.72 3.21
18 June 2010 0.74 3.24
21 June 2010 0.74 3.26
22 June 2010 0.71 3.18
23 June 2010 0.66 3.13
24 June 2010 0.67 3.14
25 June 2010 0.65 3.12
28 June 2010 0.62 3.05
29 June 2010 0.61 2.97
30 June 2010 0.61 2.97
1 July 2010 0.63 2.96
2 July 2010 0.63 3.00
5 July 2010 ND ND
6 July 2010 0.62 2.95
7 July 2010 0.63 3.00
8 July 2010 0.63 3.04
9 July 2010 0.63 3.07
12 July 2010 0.65 3.08
13 July 2010 0.67 3.15
14 July 2010 0.62 3.07
15 July 2010 0.61 3.00
16 July 2010 0.61 2.96
19 July 2010 0.61 2.99
20 July 2010 0.61 2.98
21 July 2010 0.58 2.90
22 July 2010 0.60 2.96
23 July 2010 0.60 3.02
26 July 2010 0.62 3.03
27 July 2010 0.65 3.08
28 July 2010 0.61 3.03
29 July 2010 0.59 3.03
30 July 2010 0.55 2.94
2 August 2010 0.56 2.99
3 August 2010 0.53 2.94
4 August 2010 0.56 2.98
5 August 2010 0.53 2.94
6 August 2010 0.50 2.86
9 August 2010 0.54 2.86
10 August 2010 0.52 2.79
11 August 2010 0.54 2.72
12 August 2010 0.55 2.74
13 August 2010 0.54 2.68
16 August 2010 0.51 2.58
17 August 2010 0.52 2.64
18 August 2010 0.51 2.64
19 August 2010 0.49 2.58
20 August 2010 0.49 2.62
23 August 2010 0.49 2.60
24 August 2010 0.50 2.50
25 August 2010 0.53 2.54
26 August 2010 0.51 2.50
27 August 2010 0.56 2.66
30 August 2010 0.50 2.54
31 August 2010 0.47 2.47
1 September 2010 0.50 2.58
2 September 2010 0.50 2.63
3 September 2010 0.52 2.72
6 September 2010 ND ND
7 September 2010 0.49 2.61
8 September 2010 0.52 2.66
9 September 2010 0.57 2.77
10 September 2010 0.58 2.81
13 September 2010 0.53 2.74
14 September 2010 0.50 2.68
15 September 2010 0.50 2.74
16 September 2010 0.48 2.77
17 September 2010 0.48 2.75
20 September 2010 0.47 2.72
21 September 2010 0.43 2.61
22 September 2010 0.44 2.56
23 September 2010 0.45 2.56
24 September 2010 0.45 2.62
27 September 2010 0.44 2.54
28 September 2010 0.37 2.48
29 September 2010 0.44 2.52
30 September 2010 0.42 2.53
1 October 2010 0.42 2.54
4 October 2010 0.41 2.50
5 October 2010 0.41 2.50
6 October 2010 0.38 2.41
7 October 2010 0.36 2.41
8 October 2010 0.35 2.41
11 October 2010 ND ND
12 October 2010 0.37 2.44
13 October 2010 0.37 2.46
14 October 2010 0.38 2.52
15 October 2010 0.37 2.59
18 October 2010 0.38 2.52
19 October 2010 0.37 2.50
20 October 2010 0.35 2.51
21 October 2010 0.37 2.57
22 October 2010 0.35 2.59
25 October 2010 0.37 2.59
26 October 2010 0.40 2.67
27 October 2010 0.40 2.75
28 October 2010 0.37 2.69
29 October 2010 0.34 2.63
1 November 2010 0.34 2.66
2 November 2010 0.34 2.63
3 November 2010 0.34 2.67
4 November 2010 0.33 2.53
5 November 2010 0.38 2.58
8 November 2010 0.41 2.60
9 November 2010 0.46 2.72
10 November 2010 0.44 2.65
11 November 2010 ND ND
12 November 2010 0.51 2.76
15 November 2010 0.53 2.92
16 November 2010 0.51 2.85
17 November 2010 0.50 2.89
18 November 2010 0.52 2.90
19 November 2010 0.52 2.88
22 November 2010 0.49 2.80
23 November 2010 0.45 2.77
24 November 2010 0.53 2.93
25 November 2010 ND ND
26 November 2010 0.51 2.87
29 November 2010 0.52 2.84
30 November 2010 0.45 2.81
1 December 2010 0.53 2.97
2 December 2010 0.55 3.01
3 December 2010 0.49 3.03
6 December 2010 0.42 2.95
7 December 2010 0.54 3.15
8 December 2010 0.63 3.26
9 December 2010 0.64 3.23
10 December 2010 0.64 3.32
13 December 2010 0.61 3.29
14 December 2010 0.66 3.49
15 December 2010 0.68 3.53
16 December 2010 0.66 3.47
17 December 2010 0.61 3.33
20 December 2010 0.62 3.36
21 December 2010 0.63 3.35
22 December 2010 0.65 3.36
23 December 2010 0.67 3.41
24 December 2010 ND ND
27 December 2010 0.71 3.36
28 December 2010 0.75 3.50
29 December 2010 0.64 3.35
30 December 2010 0.66 3.38
31 December 2010 0.61 3.30
3 January 2011 0.61 3.36
4 January 2011 0.63 3.36
5 January 2011 0.71 3.50
6 January 2011 0.68 3.44
7 January 2011 0.60 3.34
10 January 2011 0.59 3.32
11 January 2011 0.60 3.37
12 January 2011 0.61 3.40
13 January 2011 0.59 3.34
14 January 2011 0.59 3.35
17 January 2011 ND ND
18 January 2011 0.60 3.39
19 January 2011 0.60 3.37
20 January 2011 0.65 3.47
21 January 2011 0.63 3.44
24 January 2011 0.65 3.43
25 January 2011 0.62 3.35
26 January 2011 0.62 3.45
27 January 2011 0.59 3.42
28 January 2011 0.54 3.36
31 January 2011 0.58 3.42
1 February 2011 0.61 3.48
2 February 2011 0.67 3.52
3 February 2011 0.71 3.58
4 February 2011 0.77 3.68
7 February 2011 0.78 3.68
8 February 2011 0.86 3.75
9 February 2011 0.81 3.65
10 February 2011 0.85 3.70
11 February 2011 0.85 3.64
14 February 2011 0.87 3.62
15 February 2011 0.84 3.61
16 February 2011 0.86 3.62
17 February 2011 0.80 3.58
18 February 2011 0.78 3.59
21 February 2011 ND ND
22 February 2011 0.74 3.46
23 February 2011 0.74 3.49
24 February 2011 0.73 3.46
25 February 2011 0.72 3.42
28 February 2011 0.69 3.42
1 March 2011 0.66 3.41
2 March 2011 0.69 3.46
3 March 2011 0.79 3.58
4 March 2011 0.68 3.49
7 March 2011 0.70 3.51
8 March 2011 0.73 3.56
9 March 2011 0.70 3.48
10 March 2011 0.65 3.37
11 March 2011 0.64 3.40
14 March 2011 0.61 3.36
15 March 2011 0.63 3.33
16 March 2011 0.58 3.22
17 March 2011 0.60 3.25
18 March 2011 0.61 3.28
21 March 2011 0.67 3.34
22 March 2011 0.68 3.34
23 March 2011 0.69 3.36
24 March 2011 0.72 3.42
25 March 2011 0.79 3.46
28 March 2011 0.81 3.47
29 March 2011 0.81 3.50
30 March 2011 0.80 3.47
31 March 2011 0.80 3.47
1 April 2011 0.80 3.46
4 April 2011 0.77 3.45
5 April 2011 0.84 3.50
6 April 2011 0.85 3.56
7 April 2011 0.81 3.58
8 April 2011 0.83 3.59
11 April 2011 0.85 3.59
12 April 2011 0.77 3.52
13 April 2011 0.75 3.49
14 April 2011 0.77 3.51
15 April 2011 0.71 3.43
18 April 2011 0.69 3.40
19 April 2011 0.68 3.39
20 April 2011 0.69 3.43
21 April 2011 0.68 3.42
22 April 2011 ND ND
25 April 2011 0.67 3.39
26 April 2011 0.65 3.34
27 April 2011 0.65 3.39
28 April 2011 0.62 3.34
29 April 2011 0.61 3.32
2 May 2011 0.61 3.31
3 May 2011 0.61 3.28
4 May 2011 0.60 3.25
5 May 2011 0.58 3.18
6 May 2011 0.57 3.19
9 May 2011 0.57 3.17
10 May 2011 0.59 3.23
11 May 2011 0.56 3.19
12 May 2011 0.57 3.22
13 May 2011 0.57 3.18
16 May 2011 0.54 3.15
17 May 2011 0.55 3.12
18 May 2011 0.58 3.18
19 May 2011 0.55 3.17
20 May 2011 0.55 3.15
23 May 2011 0.55 3.13
24 May 2011 0.56 3.12
25 May 2011 0.54 3.13
26 May 2011 0.48 3.07
27 May 2011 0.48 3.07
30 May 2011 ND ND
31 May 2011 0.45 3.05
1 June 2011 0.44 2.96
2 June 2011 0.45 3.04
3 June 2011 0.42 2.99
6 June 2011 0.43 3.01
7 June 2011 0.39 3.01
8 June 2011 0.39 2.98
9 June 2011 0.43 3.01
10 June 2011 0.41 2.99
13 June 2011 0.40 3.00
14 June 2011 0.45 3.11
15 June 2011 0.38 2.98
16 June 2011 0.38 2.93
17 June 2011 0.38 2.94
20 June 2011 0.38 2.97
21 June 2011 0.40 2.99
22 June 2011 0.39 3.01
23 June 2011 0.35 2.93
24 June 2011 0.35 2.88
27 June 2011 0.41 2.95
28 June 2011 0.48 3.05
29 June 2011 0.47 3.14
30 June 2011 0.45 3.18
1 July 2011 0.50 3.22
4 July 2011 ND ND
5 July 2011 0.44 3.16
6 July 2011 0.43 3.12
7 July 2011 0.49 3.17
8 July 2011 0.40 3.03
11 July 2011 0.37 2.94
12 July 2011 0.37 2.92
13 July 2011 0.37 2.92
14 July 2011 0.38 2.98
15 July 2011 0.37 2.94
18 July 2011 0.37 2.94
19 July 2011 0.39 2.91
20 July 2011 0.40 2.96
21 July 2011 0.40 3.03
22 July 2011 0.40 2.99
25 July 2011 0.42 3.03
26 July 2011 0.41 2.99
27 July 2011 0.44 3.01
28 July 2011 0.42 2.98
29 July 2011 0.36 2.82
1 August 2011 0.38 2.77
2 August 2011 0.33 2.66
3 August 2011 0.33 2.64
4 August 2011 0.27 2.47
5 August 2011 0.28 2.58
8 August 2011 0.27 2.40
9 August 2011 0.19 2.20
10 August 2011 0.19 2.17
11 August 2011 0.19 2.34
12 August 2011 0.20 2.24
15 August 2011 0.19 2.29
16 August 2011 0.20 2.23
17 August 2011 0.19 2.17
18 August 2011 0.20 2.08
19 August 2011 0.20 2.07
22 August 2011 0.22 2.10
23 August 2011 0.22 2.15
24 August 2011 0.23 2.29
25 August 2011 0.22 2.23
26 August 2011 0.20 2.19
29 August 2011 0.20 2.28
30 August 2011 0.20 2.19
31 August 2011 0.20 2.23
1 September 2011 0.19 2.15
2 September 2011 0.20 2.02
5 September 2011 ND ND
6 September 2011 0.21 1.98
7 September 2011 0.21 2.05
8 September 2011 0.19 2.00
9 September 2011 0.17 1.93
12 September 2011 0.21 1.94
13 September 2011 0.21 2.00
14 September 2011 0.19 2.03
15 September 2011 0.21 2.09
16 September 2011 0.18 2.08
19 September 2011 0.16 1.97
20 September 2011 0.18 1.95
21 September 2011 0.21 1.88
22 September 2011 0.20 1.72
23 September 2011 0.23 1.84
26 September 2011 0.25 1.91
27 September 2011 0.25 2.00
28 September 2011 0.27 2.03
29 September 2011 0.27 1.99
30 September 2011 0.25 1.92
3 October 2011 0.24 1.80
4 October 2011 0.25 1.81
5 October 2011 0.25 1.92
6 October 2011 0.29 2.01
7 October 2011 0.30 2.10
10 October 2011 ND ND
11 October 2011 0.32 2.18
12 October 2011 0.29 2.24
13 October 2011 0.29 2.19
14 October 2011 0.28 2.26
17 October 2011 0.28 2.18
18 October 2011 0.28 2.19
19 October 2011 0.28 2.18
20 October 2011 0.28 2.20
21 October 2011 0.30 2.23
24 October 2011 0.30 2.25
25 October 2011 0.26 2.14
26 October 2011 0.28 2.23
27 October 2011 0.31 2.42
28 October 2011 0.28 2.34
31 October 2011 0.25 2.17
1 November 2011 0.23 2.01
2 November 2011 0.23 2.03
3 November 2011 0.24 2.09
4 November 2011 0.22 2.06
7 November 2011 0.25 2.04
8 November 2011 0.25 2.10
9 November 2011 0.24 2.00
10 November 2011 0.24 2.04
11 November 2011 ND ND
14 November 2011 0.24 2.04
15 November 2011 0.26 2.06
16 November 2011 0.26 2.01
17 November 2011 0.27 1.96
18 November 2011 0.29 2.01
21 November 2011 0.27 1.97
22 November 2011 0.26 1.94
23 November 2011 0.26 1.89
24 November 2011 ND ND
25 November 2011 0.28 1.97
28 November 2011 0.26 1.97
29 November 2011 0.27 2.00
30 November 2011 0.25 2.08
1 December 2011 0.27 2.11
2 December 2011 0.25 2.05
5 December 2011 0.27 2.04
6 December 2011 0.25 2.08
7 December 2011 0.24 2.02
8 December 2011 0.22 1.99
9 December 2011 0.22 2.07
12 December 2011 0.24 2.03
13 December 2011 0.24 1.96
14 December 2011 0.25 1.92
15 December 2011 0.26 1.92
16 December 2011 0.24 1.86
19 December 2011 0.24 1.82
20 December 2011 0.26 1.94
21 December 2011 0.28 1.98
22 December 2011 0.28 1.97
23 December 2011 0.28 2.03
26 December 2011 ND ND
27 December 2011 0.30 2.02
28 December 2011 0.28 1.93
29 December 2011 0.28 1.91
30 December 2011 0.25 1.89
2 January 2012 ND ND
3 January 2012 0.27 1.97
4 January 2012 0.25 2.00
5 January 2012 0.27 2.02
6 January 2012 0.25 1.98
9 January 2012 0.26 1.98
10 January 2012 0.24 2.00
11 January 2012 0.24 1.93
12 January 2012 0.22 1.94
13 January 2012 0.24 1.89
16 January 2012 ND ND
17 January 2012 0.21 1.87
18 January 2012 0.24 1.92
19 January 2012 0.26 2.01
20 January 2012 0.26 2.05
23 January 2012 0.26 2.09
24 January 2012 0.24 2.08
25 January 2012 0.22 2.01
26 January 2012 0.22 1.96
27 January 2012 0.22 1.93
30 January 2012 0.22 1.87
31 January 2012 0.22 1.83
1 February 2012 0.23 1.87
2 February 2012 0.23 1.86
3 February 2012 0.23 1.97
6 February 2012 0.24 1.93
7 February 2012 0.25 2.00
8 February 2012 0.27 2.01
9 February 2012 0.27 2.04
10 February 2012 0.27 1.96
13 February 2012 0.29 1.99
14 February 2012 0.29 1.92
15 February 2012 0.29 1.93
16 February 2012 0.29 1.99
17 February 2012 0.29 2.01
20 February 2012 ND ND
21 February 2012 0.31 2.05
22 February 2012 0.29 2.01
23 February 2012 0.31 1.99
24 February 2012 0.31 1.98
27 February 2012 0.30 1.92
28 February 2012 0.30 1.94
29 February 2012 0.30 1.98
1 March 2012 0.30 2.03
2 March 2012 0.28 1.99
5 March 2012 0.31 2.00
6 March 2012 0.30 1.96
7 March 2012 0.30 1.98
8 March 2012 0.32 2.03
9 March 2012 0.33 2.04
12 March 2012 0.33 2.04
13 March 2012 0.35 2.14
14 March 2012 0.40 2.29
15 March 2012 0.37 2.29
16 March 2012 0.37 2.31
19 March 2012 0.39 2.39
20 March 2012 0.41 2.38
21 March 2012 0.39 2.31
22 March 2012 0.37 2.29
23 March 2012 0.37 2.25
26 March 2012 0.36 2.26
27 March 2012 0.33 2.20
28 March 2012 0.34 2.21
29 March 2012 0.33 2.18
30 March 2012 0.33 2.23
2 April 2012 0.33 2.22
3 April 2012 0.36 2.30
4 April 2012 0.35 2.25
5 April 2012 0.35 2.19
6 April 2012 0.32 2.07
9 April 2012 0.32 2.06
10 April 2012 0.28 2.01
11 April 2012 0.30 2.05
12 April 2012 0.29 2.08
13 April 2012 0.27 2.02
16 April 2012 0.27 2.00
17 April 2012 0.27 2.03
18 April 2012 0.27 2.00
19 April 2012 0.27 1.98
20 April 2012 0.29 1.99
23 April 2012 0.27 1.96
24 April 2012 0.27 2.00
25 April 2012 0.26 2.01
26 April 2012 0.26 1.98
27 April 2012 0.26 1.96
30 April 2012 0.27 1.95
1 May 2012 0.27 1.98
2 May 2012 0.27 1.96
3 May 2012 0.28 1.96
4 May 2012 0.27 1.91
7 May 2012 0.27 1.92
8 May 2012 0.27 1.88
9 May 2012 0.27 1.87
10 May 2012 0.27 1.89
11 May 2012 0.27 1.84
14 May 2012 0.29 1.78
15 May 2012 0.29 1.76
16 May 2012 0.30 1.76
17 May 2012 0.32 1.70
18 May 2012 0.32 1.71
21 May 2012 0.30 1.75
22 May 2012 0.30 1.79
23 May 2012 0.28 1.73
24 May 2012 0.29 1.77
25 May 2012 0.30 1.75
28 May 2012 ND ND
29 May 2012 0.30 1.74
30 May 2012 0.27 1.63
31 May 2012 0.27 1.59
1 June 2012 0.25 1.47
4 June 2012 0.25 1.53
5 June 2012 0.25 1.57
6 June 2012 0.26 1.66
7 June 2012 0.27 1.66
8 June 2012 0.28 1.65
11 June 2012 0.27 1.60
12 June 2012 0.30 1.67
13 June 2012 0.30 1.61
14 June 2012 0.30 1.64
15 June 2012 0.29 1.60
18 June 2012 0.29 1.59
19 June 2012 0.30 1.64
20 June 2012 0.32 1.65
21 June 2012 0.32 1.63
22 June 2012 0.31 1.69
25 June 2012 0.31 1.63
26 June 2012 0.31 1.66
27 June 2012 0.31 1.65
28 June 2012 0.31 1.60
29 June 2012 0.33 1.67
2 July 2012 0.30 1.61
3 July 2012 0.30 1.65
4 July 2012 ND ND
5 July 2012 0.28 1.62
6 July 2012 0.27 1.57
9 July 2012 0.27 1.53
10 July 2012 0.27 1.53
11 July 2012 0.27 1.54
12 July 2012 0.25 1.50
13 July 2012 0.25 1.52
16 July 2012 0.24 1.50
17 July 2012 0.25 1.53
18 July 2012 0.22 1.52
19 July 2012 0.22 1.54
20 July 2012 0.22 1.49
23 July 2012 0.22 1.47
24 July 2012 0.22 1.44
25 July 2012 0.22 1.43
26 July 2012 0.23 1.45
27 July 2012 0.25 1.58
30 July 2012 0.23 1.53
31 July 2012 0.23 1.51
1 August 2012 0.24 1.56
2 August 2012 0.24 1.51
3 August 2012 0.24 1.60
6 August 2012 0.24 1.59
7 August 2012 0.27 1.66
8 August 2012 0.29 1.68
9 August 2012 0.29 1.69
10 August 2012 0.27 1.65
13 August 2012 0.27 1.65
14 August 2012 0.27 1.73
15 August 2012 0.27 1.80
16 August 2012 0.29 1.83
17 August 2012 0.29 1.81
20 August 2012 0.29 1.82
21 August 2012 0.31 1.80
22 August 2012 0.26 1.71
23 August 2012 0.26 1.68
24 August 2012 0.28 1.68
27 August 2012 0.28 1.65
28 August 2012 0.27 1.64
29 August 2012 0.27 1.66
30 August 2012 0.27 1.63
31 August 2012 0.22 1.57
3 September 2012 ND ND
4 September 2012 0.23 1.59
5 September 2012 0.25 1.60
6 September 2012 0.27 1.68
7 September 2012 0.25 1.67
10 September 2012 0.25 1.68
11 September 2012 0.25 1.70
12 September 2012 0.25 1.77
13 September 2012 0.24 1.75
14 September 2012 0.27 1.88
17 September 2012 0.25 1.85
18 September 2012 0.25 1.82
19 September 2012 0.27 1.79
20 September 2012 0.27 1.80
21 September 2012 0.27 1.77
24 September 2012 0.27 1.74
25 September 2012 0.27 1.70
26 September 2012 0.26 1.64
27 September 2012 0.25 1.66
28 September 2012 0.23 1.65
1 October 2012 0.25 1.64
2 October 2012 0.23 1.64
3 October 2012 0.23 1.64
4 October 2012 0.23 1.70
5 October 2012 0.27 1.75
8 October 2012 ND ND
9 October 2012 0.25 1.74
10 October 2012 0.27 1.72
11 October 2012 0.28 1.70
12 October 2012 0.27 1.69
15 October 2012 0.27 1.70
16 October 2012 0.27 1.75
17 October 2012 0.30 1.83
18 October 2012 0.29 1.86
19 October 2012 0.30 1.79
22 October 2012 0.32 1.83
23 October 2012 0.29 1.79
24 October 2012 0.29 1.80
25 October 2012 0.31 1.86
26 October 2012 0.30 1.78
29 October 2012 0.30 1.74
30 October 2012 ND ND
31 October 2012 0.30 1.72
1 November 2012 0.30 1.75
2 November 2012 0.28 1.75
5 November 2012 0.28 1.72
6 November 2012 0.30 1.78
7 November 2012 0.27 1.68
8 November 2012 0.27 1.62
9 November 2012 0.27 1.61
12 November 2012 ND ND
13 November 2012 0.27 1.59
14 November 2012 0.25 1.59
15 November 2012 0.24 1.58
16 November 2012 0.24 1.58
19 November 2012 0.25 1.61
20 November 2012 0.27 1.66
21 November 2012 0.27 1.69
22 November 2012 ND ND
23 November 2012 0.29 1.70
26 November 2012 0.27 1.66
27 November 2012 0.27 1.64
28 November 2012 0.27 1.63
29 November 2012 0.25 1.62
30 November 2012 0.25 1.62
3 December 2012 0.25 1.63
4 December 2012 0.25 1.62
5 December 2012 0.25 1.60
6 December 2012 0.25 1.59
7 December 2012 0.25 1.64
10 December 2012 0.24 1.63
11 December 2012 0.24 1.66
12 December 2012 0.25 1.72
13 December 2012 0.27 1.74
14 December 2012 0.24 1.72
17 December 2012 0.25 1.78
18 December 2012 0.28 1.84
19 December 2012 0.28 1.82
20 December 2012 0.28 1.81
21 December 2012 0.26 1.77
24 December 2012 0.26 1.79
25 December 2012 ND ND
26 December 2012 0.26 1.77
27 December 2012 0.26 1.74
28 December 2012 0.27 1.73
31 December 2012 0.25 1.78
1 January 2013 ND ND
2 January 2013 0.27 1.86
3 January 2013 0.27 1.92
4 January 2013 0.27 1.93
7 January 2013 0.27 1.92
8 January 2013 0.25 1.89
9 January 2013 0.24 1.88
10 January 2013 0.26 1.91
11 January 2013 0.26 1.89
14 January 2013 0.26 1.89
15 January 2013 0.26 1.86
16 January 2013 0.26 1.84
17 January 2013 0.28 1.89
18 January 2013 0.26 1.87
21 January 2013 ND ND
22 January 2013 0.26 1.86
23 January 2013 0.26 1.86
24 January 2013 0.23 1.88
25 January 2013 0.28 1.98
28 January 2013 0.29 2.00
29 January 2013 0.30 2.03
30 January 2013 0.27 2.03
31 January 2013 0.27 2.02
1 February 2013 0.27 2.04
4 February 2013 0.25 2.00
5 February 2013 0.27 2.04
6 February 2013 0.27 2.00
7 February 2013 0.25 1.99
8 February 2013 0.25 1.99
11 February 2013 0.27 1.99
12 February 2013 0.29 2.02
13 February 2013 0.29 2.05
14 February 2013 0.27 2.00
15 February 2013 0.29 2.01
18 February 2013 ND ND
19 February 2013 0.29 2.03
20 February 2013 0.27 2.02
21 February 2013 0.26 1.99
22 February 2013 0.27 1.97
25 February 2013 0.25 1.88
26 February 2013 0.25 1.88
27 February 2013 0.27 1.91
28 February 2013 0.25 1.89
1 March 2013 0.25 1.86
4 March 2013 0.24 1.88
5 March 2013 0.25 1.90
6 March 2013 0.25 1.95
7 March 2013 0.25 2.00
8 March 2013 0.27 2.06
11 March 2013 0.27 2.07
12 March 2013 0.27 2.03
13 March 2013 0.27 2.04
14 March 2013 0.27 2.04
15 March 2013 0.25 2.01
18 March 2013 0.26 1.96
19 March 2013 0.24 1.92
20 March 2013 0.26 1.96
21 March 2013 0.27 1.95
22 March 2013 0.26 1.93
25 March 2013 0.24 1.93
26 March 2013 0.25 1.92
27 March 2013 0.25 1.87
28 March 2013 0.25 1.87
29 March 2013 ND ND
1 April 2013 0.23 1.86
2 April 2013 0.25 1.88
3 April 2013 0.24 1.83
4 April 2013 0.22 1.78
5 April 2013 0.24 1.72
8 April 2013 0.24 1.76
9 April 2013 0.24 1.78
10 April 2013 0.24 1.84
11 April 2013 0.24 1.82
12 April 2013 0.22 1.75
15 April 2013 0.22 1.72
16 April 2013 0.24 1.75
17 April 2013 0.24 1.73
18 April 2013 0.24 1.72
19 April 2013 0.24 1.73
22 April 2013 0.24 1.72
23 April 2013 0.23 1.74
24 April 2013 0.23 1.73
25 April 2013 0.23 1.74
26 April 2013 0.22 1.70
29 April 2013 0.20 1.70
30 April 2013 0.22 1.70
1 May 2013 0.20 1.66
2 May 2013 0.20 1.66
3 May 2013 0.22 1.78
6 May 2013 0.22 1.80
7 May 2013 0.22 1.82
8 May 2013 0.22 1.81
9 May 2013 0.22 1.81
10 May 2013 0.26 1.90
13 May 2013 0.24 1.92
14 May 2013 0.26 1.96
15 May 2013 0.26 1.94
16 May 2013 0.23 1.87
17 May 2013 0.26 1.95
20 May 2013 0.26 1.97
21 May 2013 0.26 1.94
22 May 2013 0.26 2.03
23 May 2013 0.26 2.02
24 May 2013 0.26 2.01
27 May 2013 ND ND
28 May 2013 0.29 2.15
29 May 2013 0.30 2.13
30 May 2013 0.31 2.13
31 May 2013 0.30 2.16
3 June 2013 0.30 2.13
4 June 2013 0.32 2.14
5 June 2013 0.30 2.10
6 June 2013 0.30 2.08
7 June 2013 0.32 2.17
10 June 2013 0.32 2.22
11 June 2013 0.34 2.20
12 June 2013 0.34 2.25
13 June 2013 0.32 2.19
14 June 2013 0.29 2.14
17 June 2013 0.27 2.19
18 June 2013 0.27 2.20
19 June 2013 0.31 2.33
20 June 2013 0.33 2.41
21 June 2013 0.38 2.52
24 June 2013 0.42 2.57
25 June 2013 0.43 2.60
26 June 2013 0.39 2.55
27 June 2013 0.36 2.49
28 June 2013 0.36 2.52
1 July 2013 0.34 2.50
2 July 2013 0.34 2.48
3 July 2013 0.36 2.52
4 July 2013 ND ND
5 July 2013 0.40 2.73
8 July 2013 0.37 2.65
9 July 2013 0.37 2.65
10 July 2013 0.38 2.70
11 July 2013 0.34 2.60
12 July 2013 0.37 2.61
15 July 2013 0.34 2.57
16 July 2013 0.34 2.55
17 July 2013 0.32 2.52
18 July 2013 0.32 2.56
19 July 2013 0.32 2.50
22 July 2013 0.32 2.50
23 July 2013 0.33 2.53
24 July 2013 0.34 2.61
25 July 2013 0.32 2.61
26 July 2013 0.31 2.58
29 July 2013 0.33 2.61
30 July 2013 0.33 2.63
31 July 2013 0.31 2.60
1 August 2013 0.35 2.74
2 August 2013 0.30 2.63
5 August 2013 0.32 2.67
6 August 2013 0.32 2.67
7 August 2013 0.32 2.61
8 August 2013 0.30 2.58
9 August 2013 0.32 2.57
12 August 2013 0.32 2.61
13 August 2013 0.34 2.71
14 August 2013 0.34 2.71
15 August 2013 0.36 2.77
16 August 2013 0.36 2.84
19 August 2013 0.36 2.88
20 August 2013 0.36 2.82
21 August 2013 0.38 2.87
22 August 2013 0.42 2.90
23 August 2013 0.40 2.82
26 August 2013 0.41 2.79
27 August 2013 0.38 2.72
28 August 2013 0.40 2.78
29 August 2013 0.39 2.75
30 August 2013 0.39 2.78
2 September 2013 ND ND
3 September 2013 0.43 2.86
4 September 2013 0.46 2.90
5 September 2013 0.52 2.98
6 September 2013 0.46 2.94
9 September 2013 0.45 2.90
10 September 2013 0.50 2.96
11 September 2013 0.47 2.93
12 September 2013 0.45 2.92
13 September 2013 0.45 2.90
16 September 2013 0.41 2.88
17 September 2013 0.39 2.86
18 September 2013 0.34 2.69
19 September 2013 0.34 2.76
20 September 2013 0.34 2.75
23 September 2013 0.35 2.72
24 September 2013 0.35 2.67
25 September 2013 0.36 2.63
26 September 2013 0.34 2.66
27 September 2013 0.34 2.64
30 September 2013 0.33 2.64
1 October 2013 0.33 2.66
2 October 2013 0.31 2.63
3 October 2013 0.33 2.62
4 October 2013 0.33 2.66
7 October 2013 0.37 2.65
8 October 2013 0.40 2.66
9 October 2013 0.37 2.68
10 October 2013 0.35 2.71
11 October 2013 0.35 2.70
14 October 2013 ND ND
15 October 2013 0.37 2.75
16 October 2013 0.34 2.69
17 October 2013 0.33 2.61
18 October 2013 0.33 2.60
21 October 2013 0.33 2.63
22 October 2013 0.31 2.54
23 October 2013 0.31 2.51
24 October 2013 0.33 2.53
25 October 2013 0.32 2.53
28 October 2013 0.32 2.54
29 October 2013 0.31 2.53
30 October 2013 0.33 2.55
31 October 2013 0.31 2.57
1 November 2013 0.33 2.65
4 November 2013 0.32 2.63
5 November 2013 0.32 2.69
6 November 2013 0.30 2.67
7 November 2013 0.29 2.63
8 November 2013 0.32 2.77
11 November 2013 ND ND
12 November 2013 0.34 2.80
13 November 2013 0.32 2.75
14 November 2013 0.29 2.69
15 November 2013 0.31 2.71
18 November 2013 0.31 2.67
19 November 2013 0.29 2.71
20 November 2013 0.28 2.80
21 November 2013 0.29 2.79
22 November 2013 0.31 2.75
25 November 2013 0.30 2.74
26 November 2013 0.29 2.71
27 November 2013 0.28 2.74
28 November 2013 ND ND
29 November 2013 0.28 2.75
2 December 2013 0.30 2.81
3 December 2013 0.28 2.79
4 December 2013 0.30 2.84
5 December 2013 0.30 2.88
6 December 2013 0.30 2.88
9 December 2013 0.30 2.86
10 December 2013 0.30 2.81
11 December 2013 0.31 2.86
12 December 2013 0.34 2.89
13 December 2013 0.34 2.88
16 December 2013 0.34 2.89
17 December 2013 0.34 2.85
18 December 2013 0.32 2.89
19 December 2013 0.35 2.94
20 December 2013 0.37 2.89
23 December 2013 0.38 2.94
24 December 2013 0.38 2.99
25 December 2013 ND ND
26 December 2013 0.42 3.00
27 December 2013 0.40 3.02
30 December 2013 0.39 2.99
31 December 2013 0.38 3.04
1 January 2014 ND ND
2 January 2014 0.39 3.00
3 January 2014 0.41 3.01
6 January 2014 0.40 2.98
7 January 2014 0.40 2.96
8 January 2014 0.43 3.01
9 January 2014 0.44 2.97
10 January 2014 0.39 2.88
13 January 2014 0.39 2.84
14 January 2014 0.39 2.88
15 January 2014 0.41 2.90
16 January 2014 0.41 2.86
17 January 2014 0.40 2.84
20 January 2014 ND ND
21 January 2014 0.40 2.85
22 January 2014 0.44 2.87
23 January 2014 0.39 2.79
24 January 2014 0.37 2.75
27 January 2014 0.37 2.78
28 January 2014 0.38 2.77
29 January 2014 0.36 2.69
30 January 2014 0.36 2.72
31 January 2014 0.34 2.67
3 February 2014 0.30 2.61
4 February 2014 0.31 2.64
5 February 2014 0.32 2.70
6 February 2014 0.33 2.73
7 February 2014 0.30 2.71
10 February 2014 0.32 2.70
11 February 2014 0.35 2.75
12 February 2014 0.35 2.80
13 February 2014 0.32 2.73
14 February 2014 0.32 2.75
17 February 2014 ND ND
18 February 2014 0.31 2.71
19 February 2014 0.33 2.73
20 February 2014 0.34 2.76
21 February 2014 0.33 2.73
24 February 2014 0.35 2.75
25 February 2014 0.34 2.70
26 February 2014 0.33 2.67
27 February 2014 0.33 2.65
28 February 2014 0.33 2.66
3 March 2014 0.32 2.60
4 March 2014 0.33 2.70
5 March 2014 0.33 2.70
6 March 2014 0.37 2.74
7 March 2014 0.38 2.80
10 March 2014 0.37 2.79
11 March 2014 0.37 2.77
12 March 2014 0.37 2.73
13 March 2014 0.34 2.66
14 March 2014 0.36 2.65
17 March 2014 0.38 2.70
18 March 2014 0.36 2.68
19 March 2014 0.47 2.78
20 March 2014 0.45 2.79
21 March 2014 0.45 2.75
24 March 2014 0.47 2.74
25 March 2014 0.47 2.75
26 March 2014 0.45 2.71
27 March 2014 0.45 2.69
28 March 2014 0.45 2.73
31 March 2014 0.44 2.73
1 April 2014 0.44 2.77
2 April 2014 0.47 2.82
3 April 2014 0.46 2.80
4 April 2014 0.43 2.74
7 April 2014 0.41 2.71
8 April 2014 0.40 2.69
9 April 2014 0.37 2.71
10 April 2014 0.37 2.65
11 April 2014 0.37 2.63
14 April 2014 0.37 2.65
15 April 2014 0.39 2.64
16 April 2014 0.39 2.65
17 April 2014 0.43 2.73
18 April 2014 ND ND
21 April 2014 0.42 2.73
22 April 2014 0.45 2.73
23 April 2014 0.43 2.70
24 April 2014 0.43 2.70
25 April 2014 0.43 2.68
28 April 2014 0.44 2.70
29 April 2014 0.44 2.71
30 April 2014 0.42 2.67
1 May 2014 0.41 2.63
2 May 2014 0.42 2.60
5 May 2014 0.43 2.63
6 May 2014 0.43 2.61
7 May 2014 0.41 2.62
8 May 2014 0.40 2.61
9 May 2014 0.40 2.62
12 May 2014 0.41 2.66
13 May 2014 0.39 2.61
14 May 2014 0.39 2.54
15 May 2014 0.38 2.50
16 May 2014 0.38 2.52
19 May 2014 0.36 2.54
20 May 2014 0.35 2.52
21 May 2014 0.37 2.54
22 May 2014 0.37 2.56
23 May 2014 0.37 2.54
26 May 2014 ND ND
27 May 2014 0.39 2.52
28 May 2014 0.37 2.44
29 May 2014 0.37 2.45
30 May 2014 0.37 2.48
2 June 2014 0.39 2.54
3 June 2014 0.41 2.60
4 June 2014 0.41 2.61
5 June 2014 0.40 2.59
6 June 2014 0.41 2.60
9 June 2014 0.43 2.62
10 June 2014 0.45 2.64
11 June 2014 0.44 2.65
12 June 2014 0.42 2.58
13 June 2014 0.45 2.60
16 June 2014 0.49 2.61
17 June 2014 0.51 2.66
18 June 2014 0.48 2.61
19 June 2014 0.48 2.64
20 June 2014 0.50 2.63
23 June 2014 0.48 2.63
24 June 2014 0.49 2.59
25 June 2014 0.48 2.57
26 June 2014 0.46 2.53
27 June 2014 0.45 2.54
30 June 2014 0.47 2.53
1 July 2014 0.47 2.58
2 July 2014 0.49 2.64
3 July 2014 0.52 2.65
4 July 2014 ND ND
7 July 2014 0.52 2.63
8 July 2014 0.51 2.58
9 July 2014 0.51 2.57
10 July 2014 0.46 2.55
11 July 2014 0.48 2.53
14 July 2014 0.48 2.55
15 July 2014 0.49 2.56
16 July 2014 0.50 2.55
17 July 2014 0.47 2.47
18 July 2014 0.51 2.50
21 July 2014 0.51 2.49
22 July 2014 0.49 2.48
23 July 2014 0.50 2.48
24 July 2014 0.53 2.52
25 July 2014 0.53 2.48
28 July 2014 0.54 2.50
29 July 2014 0.54 2.47
30 July 2014 0.56 2.57
31 July 2014 0.53 2.58
1 August 2014 0.47 2.52
4 August 2014 0.47 2.51
5 August 2014 0.47 2.49
6 August 2014 0.48 2.49
7 August 2014 0.44 2.43
8 August 2014 0.45 2.44
11 August 2014 0.47 2.44
12 August 2014 0.45 2.46
13 August 2014 0.43 2.43
14 August 2014 0.42 2.40
15 August 2014 0.42 2.34
18 August 2014 0.44 2.39
19 August 2014 0.46 2.40
20 August 2014 0.49 2.43
21 August 2014 0.49 2.41
22 August 2014 0.53 2.40
25 August 2014 0.53 2.39
26 August 2014 0.52 2.39
27 August 2014 0.51 2.37
28 August 2014 0.50 2.34
29 August 2014 0.48 2.35
1 September 2014 ND ND
2 September 2014 0.53 2.42
3 September 2014 0.52 2.41
4 September 2014 0.54 2.45
5 September 2014 0.52 2.46
8 September 2014 0.54 2.48
9 September 2014 0.56 2.50
10 September 2014 0.58 2.54
11 September 2014 0.58 2.54
12 September 2014 0.58 2.62
15 September 2014 0.58 2.60
16 September 2014 0.55 2.60
17 September 2014 0.59 2.62
18 September 2014 0.59 2.63
19 September 2014 0.59 2.59
22 September 2014 0.58 2.57
23 September 2014 0.57 2.54
24 September 2014 0.59 2.57
25 September 2014 0.56 2.52
26 September 2014 0.59 2.54
29 September 2014 0.58 2.50
30 September 2014 0.58 2.52
1 October 2014 0.53 2.42
2 October 2014 0.53 2.44
3 October 2014 0.57 2.45
6 October 2014 0.54 2.43
7 October 2014 0.52 2.36
8 October 2014 0.46 2.35
9 October 2014 0.46 2.34
10 October 2014 0.45 2.31
13 October 2014 ND ND
14 October 2014 0.39 2.21
15 October 2014 0.34 2.15
16 October 2014 0.35 2.17
17 October 2014 0.39 2.22
20 October 2014 0.37 2.20
21 October 2014 0.38 2.23
22 October 2014 0.41 2.25
23 October 2014 0.41 2.29
24 October 2014 0.41 2.29
27 October 2014 0.41 2.27
28 October 2014 0.42 2.30
29 October 2014 0.48 2.34
30 October 2014 0.48 2.32
31 October 2014 0.50 2.35
3 November 2014 0.52 2.36
4 November 2014 0.52 2.35
5 November 2014 0.52 2.36
6 November 2014 0.54 2.39
7 November 2014 0.51 2.32
10 November 2014 0.55 2.38
11 November 2014 ND ND
12 November 2014 0.55 2.37
13 November 2014 0.53 2.35
14 November 2014 0.54 2.32
17 November 2014 0.54 2.34
18 November 2014 0.53 2.32
19 November 2014 0.54 2.36
20 November 2014 0.53 2.34
21 November 2014 0.53 2.31
24 November 2014 0.53 2.30
25 November 2014 0.51 2.27
26 November 2014 0.53 2.24
27 November 2014 ND ND
28 November 2014 0.47 2.18
1 December 2014 0.49 2.22
2 December 2014 0.55 2.28
3 December 2014 0.57 2.29
4 December 2014 0.55 2.25
5 December 2014 0.65 2.31
8 December 2014 0.64 2.26
9 December 2014 0.64 2.22
10 December 2014 0.59 2.18
11 December 2014 0.62 2.19
12 December 2014 0.56 2.10
15 December 2014 0.60 2.12
16 December 2014 0.58 2.07
17 December 2014 0.62 2.14
18 December 2014 0.67 2.22
19 December 2014 0.67 2.17
22 December 2014 0.71 2.17
23 December 2014 0.73 2.26
24 December 2014 0.73 2.27
25 December 2014 ND ND
26 December 2014 0.73 2.25
29 December 2014 0.72 2.22
30 December 2014 0.69 2.20
31 December 2014 0.67 2.17
1 January 2015 ND ND
2 January 2015 0.66 2.12
5 January 2015 0.68 2.04
6 January 2015 0.65 1.97
7 January 2015 0.62 1.96
8 January 2015 0.62 2.03
9 January 2015 0.59 1.98
12 January 2015 0.56 1.92
13 January 2015 0.54 1.91
14 January 2015 0.51 1.86
15 January 2015 0.44 1.77
16 January 2015 0.49 1.83
19 January 2015 ND ND
20 January 2015 0.53 1.82
21 January 2015 0.53 1.87
22 January 2015 0.53 1.90
23 January 2015 0.52 1.81
26 January 2015 0.54 1.83
27 January 2015 0.54 1.83
28 January 2015 0.50 1.73
29 January 2015 0.51 1.77
30 January 2015 0.47 1.68
2 February 2015 0.49 1.68
3 February 2015 0.52 1.79
4 February 2015 0.52 1.81
5 February 2015 0.52 1.83
6 February 2015 0.65 1.95
9 February 2015 0.65 1.96
10 February 2015 0.67 2.01
11 February 2015 0.67 2.00
12 February 2015 0.61 1.99
13 February 2015 0.66 2.02
16 February 2015 ND ND
17 February 2015 0.70 2.14
18 February 2015 0.62 2.07
19 February 2015 0.67 2.11
20 February 2015 0.67 2.13
23 February 2015 0.64 2.06
24 February 2015 0.60 1.99
25 February 2015 0.61 1.96
26 February 2015 0.66 2.03
27 February 2015 0.63 2.00
2 March 2015 0.66 2.08
3 March 2015 0.68 2.12
4 March 2015 0.66 2.12
5 March 2015 0.65 2.11
6 March 2015 0.73 2.24
9 March 2015 0.70 2.20
10 March 2015 0.70 2.14
11 March 2015 0.70 2.11
12 March 2015 0.67 2.10
13 March 2015 0.68 2.13
16 March 2015 0.66 2.10
17 March 2015 0.70 2.06
18 March 2015 0.57 1.93
19 March 2015 0.63 1.98
20 March 2015 0.60 1.93
23 March 2015 0.60 1.92
24 March 2015 0.58 1.88
25 March 2015 0.59 1.93
26 March 2015 0.61 2.01
27 March 2015 0.58 1.95
30 March 2015 0.58 1.96
31 March 2015 0.56 1.94
1 April 2015 0.55 1.87
2 April 2015 0.55 1.92
3 April 2015 0.49 1.85
6 April 2015 0.51 1.92
7 April 2015 0.52 1.89
8 April 2015 0.54 1.92
9 April 2015 0.56 1.97
10 April 2015 0.57 1.96
13 April 2015 0.54 1.94
14 April 2015 0.53 1.90
15 April 2015 0.51 1.91
16 April 2015 0.50 1.90
17 April 2015 0.51 1.87
20 April 2015 0.55 1.90
21 April 2015 0.55 1.92
22 April 2015 0.57 1.99
23 April 2015 0.55 1.96
24 April 2015 0.54 1.93
27 April 2015 0.54 1.94
28 April 2015 0.56 2.00
29 April 2015 0.56 2.06
30 April 2015 0.58 2.05
1 May 2015 0.60 2.12
4 May 2015 0.60 2.16
5 May 2015 0.62 2.19
6 May 2015 0.65 2.25
7 May 2015 0.63 2.18
8 May 2015 0.59 2.16
11 May 2015 0.62 2.28
12 May 2015 0.61 2.28
13 May 2015 0.59 2.27
14 May 2015 0.56 2.23
15 May 2015 0.55 2.14
18 May 2015 0.58 2.23
19 May 2015 0.63 2.27
20 May 2015 0.60 2.26
21 May 2015 0.60 2.19
22 May 2015 0.64 2.21
25 May 2015 ND ND
26 May 2015 0.64 2.14
27 May 2015 0.64 2.14
28 May 2015 0.62 2.13
29 May 2015 0.61 2.12
1 June 2015 0.64 2.19
2 June 2015 0.64 2.27
3 June 2015 0.69 2.38
4 June 2015 0.66 2.31
5 June 2015 0.73 2.41
8 June 2015 0.70 2.39
9 June 2015 0.72 2.42
10 June 2015 0.75 2.50
11 June 2015 0.73 2.39
12 June 2015 0.74 2.39
15 June 2015 0.72 2.36
16 June 2015 0.71 2.32
17 June 2015 0.67 2.32
18 June 2015 0.66 2.35
19 June 2015 0.65 2.26
22 June 2015 0.68 2.37
23 June 2015 0.70 2.42
24 June 2015 0.68 2.38
25 June 2015 0.68 2.40
26 June 2015 0.72 2.49
29 June 2015 0.64 2.33
30 June 2015 0.64 2.35
1 July 2015 0.69 2.43
2 July 2015 0.64 2.40
3 July 2015 ND ND
6 July 2015 0.60 2.30
7 July 2015 0.58 2.27
8 July 2015 0.55 2.22
9 July 2015 0.60 2.32
10 July 2015 0.65 2.42
13 July 2015 0.69 2.44
14 July 2015 0.66 2.41
15 July 2015 0.64 2.36
16 July 2015 0.67 2.36
17 July 2015 0.68 2.34
20 July 2015 0.71 2.38
21 July 2015 0.71 2.35
22 July 2015 0.75 2.33
23 July 2015 0.71 2.28
24 July 2015 0.70 2.27
27 July 2015 0.68 2.23
28 July 2015 0.69 2.26
29 July 2015 0.70 2.29
30 July 2015 0.72 2.28
31 July 2015 0.67 2.20
3 August 2015 0.68 2.16
4 August 2015 0.74 2.23
5 August 2015 0.73 2.28
6 August 2015 0.71 2.23
7 August 2015 0.73 2.18
10 August 2015 0.73 2.24
11 August 2015 0.68 2.15
12 August 2015 0.67 2.14
13 August 2015 0.72 2.19
14 August 2015 0.73 2.20
17 August 2015 0.72 2.16
18 August 2015 0.74 2.20
19 August 2015 0.67 2.12
20 August 2015 0.69 2.09
21 August 2015 0.64 2.05
24 August 2015 0.59 2.01
25 August 2015 0.67 2.12
26 August 2015 0.67 2.18
27 August 2015 0.68 2.18
28 August 2015 0.72 2.19
31 August 2015 0.74 2.21
1 September 2015 0.70 2.17
2 September 2015 0.72 2.20
3 September 2015 0.71 2.18
4 September 2015 0.71 2.13
7 September 2015 ND ND
8 September 2015 0.74 2.20
9 September 2015 0.75 2.21
10 September 2015 0.75 2.23
11 September 2015 0.71 2.20
14 September 2015 0.73 2.18
15 September 2015 0.82 2.28
16 September 2015 0.82 2.30
17 September 2015 0.70 2.21
18 September 2015 0.69 2.13
21 September 2015 0.72 2.20
22 September 2015 0.69 2.14
23 September 2015 0.70 2.16
24 September 2015 0.67 2.13
25 September 2015 0.70 2.17
28 September 2015 0.67 2.10
29 September 2015 0.64 2.05
30 September 2015 0.64 2.06
1 October 2015 0.64 2.05
2 October 2015 0.58 1.99
5 October 2015 0.61 2.07
6 October 2015 0.61 2.05
7 October 2015 0.65 2.08
8 October 2015 0.65 2.12
9 October 2015 0.65 2.12
12 October 2015 ND ND
13 October 2015 0.64 2.06
14 October 2015 0.57 1.99
15 October 2015 0.61 2.04
16 October 2015 0.61 2.04
19 October 2015 0.61 2.04
20 October 2015 0.66 2.08
21 October 2015 0.64 2.04
22 October 2015 0.61 2.04
23 October 2015 0.66 2.09
26 October 2015 0.66 2.07
27 October 2015 0.65 2.05
28 October 2015 0.73 2.10
29 October 2015 0.75 2.19
30 October 2015 0.75 2.16
2 November 2015 0.77 2.20
3 November 2015 0.80 2.23
4 November 2015 0.84 2.25
5 November 2015 0.85 2.26
6 November 2015 0.90 2.34
9 November 2015 0.89 2.36
10 November 2015 0.87 2.32
11 November 2015 ND ND
12 November 2015 0.89 2.32
13 November 2015 0.86 2.28
16 November 2015 0.88 2.27
17 November 2015 0.86 2.25
18 November 2015 0.90 2.27
19 November 2015 0.91 2.24
20 November 2015 0.93 2.26
23 November 2015 0.94 2.25
24 November 2015 0.93 2.24
25 November 2015 0.93 2.23
26 November 2015 ND ND
27 November 2015 0.92 2.22
30 November 2015 0.94 2.21
1 December 2015 0.91 2.15
2 December 2015 0.94 2.18
3 December 2015 0.96 2.33
4 December 2015 0.96 2.28
7 December 2015 0.94 2.23
8 December 2015 0.94 2.24
9 December 2015 0.93 2.22
10 December 2015 0.95 2.24
11 December 2015 0.88 2.13
14 December 2015 0.97 2.23
15 December 2015 0.98 2.28
16 December 2015 1.02 2.30
17 December 2015 1.00 2.24
18 December 2015 0.97 2.19
21 December 2015 0.96 2.20
22 December 2015 0.99 2.24
23 December 2015 1.01 2.27
24 December 2015 1.03 2.25
25 December 2015 ND ND
28 December 2015 1.05 2.24
29 December 2015 1.09 2.32
30 December 2015 1.08 2.31
31 December 2015 1.06 2.27
1 January 2016 ND ND
4 January 2016 1.02 2.24
5 January 2016 1.04 2.25
6 January 2016 0.99 2.18
7 January 2016 0.96 2.16
8 January 2016 0.94 2.13
11 January 2016 0.94 2.17
12 January 2016 0.93 2.12
13 January 2016 0.91 2.08
14 January 2016 0.90 2.10
15 January 2016 0.85 2.03
18 January 2016 ND ND
19 January 2016 0.88 2.06
20 January 2016 0.85 2.01
21 January 2016 0.84 2.02
22 January 2016 0.88 2.07
25 January 2016 0.88 2.03
26 January 2016 0.85 2.01
27 January 2016 0.84 2.02
28 January 2016 0.83 2.00
29 January 2016 0.76 1.94
1 February 2016 0.81 1.97
2 February 2016 0.75 1.87
3 February 2016 0.72 1.88
4 February 2016 0.70 1.87
5 February 2016 0.74 1.86
8 February 2016 0.66 1.75
9 February 2016 0.69 1.74
10 February 2016 0.71 1.71
11 February 2016 0.64 1.63
12 February 2016 0.71 1.74
15 February 2016 ND ND
16 February 2016 0.74 1.78
17 February 2016 0.74 1.81
18 February 2016 0.71 1.75
19 February 2016 0.76 1.76
22 February 2016 0.78 1.77
23 February 2016 0.76 1.74
24 February 2016 0.75 1.75
25 February 2016 0.72 1.71
26 February 2016 0.80 1.76
29 February 2016 0.78 1.74
1 March 2016 0.85 1.83
2 March 2016 0.85 1.84
3 March 2016 0.85 1.83
4 March 2016 0.88 1.88
7 March 2016 0.91 1.91
8 March 2016 0.88 1.83
9 March 2016 0.90 1.90
10 March 2016 0.93 1.93
11 March 2016 0.97 1.98
14 March 2016 0.97 1.97
15 March 2016 0.98 1.97
16 March 2016 0.87 1.94
17 March 2016 0.87 1.91
18 March 2016 0.84 1.88
21 March 2016 0.87 1.92
22 March 2016 0.91 1.94
23 March 2016 0.87 1.88
24 March 2016 0.89 1.91
25 March 2016 ND ND
28 March 2016 0.89 1.89
29 March 2016 0.78 1.81
30 March 2016 0.76 1.83
31 March 2016 0.73 1.78
1 April 2016 0.76 1.79
4 April 2016 0.75 1.78
5 April 2016 0.72 1.73
6 April 2016 0.73 1.76
7 April 2016 0.70 1.70
8 April 2016 0.70 1.72
11 April 2016 0.70 1.73
12 April 2016 0.74 1.79
13 April 2016 0.75 1.77
14 April 2016 0.77 1.80
15 April 2016 0.74 1.76
18 April 2016 0.75 1.78
19 April 2016 0.77 1.79
20 April 2016 0.80 1.85
21 April 2016 0.82 1.88
22 April 2016 0.84 1.89
25 April 2016 0.85 1.91
26 April 2016 0.86 1.94
27 April 2016 0.83 1.87
28 April 2016 0.78 1.84
29 April 2016 0.77 1.83
2 May 2016 0.80 1.88
3 May 2016 0.75 1.81
4 May 2016 0.75 1.79
5 May 2016 0.72 1.76
6 May 2016 0.74 1.79
9 May 2016 0.72 1.77
10 May 2016 0.72 1.77
11 May 2016 0.74 1.73
12 May 2016 0.76 1.75
13 May 2016 0.76 1.71
16 May 2016 0.79 1.75
17 May 2016 0.82 1.76
18 May 2016 0.90 1.87
19 May 2016 0.89 1.85
20 May 2016 0.89 1.85
23 May 2016 0.91 1.84
24 May 2016 0.92 1.86
25 May 2016 0.92 1.87
26 May 2016 0.87 1.83
27 May 2016 0.90 1.85
30 May 2016 ND ND
31 May 2016 0.87 1.84
1 June 2016 0.91 1.85
2 June 2016 0.89 1.81
3 June 2016 0.78 1.71
6 June 2016 0.80 1.73
7 June 2016 0.78 1.72
8 June 2016 0.78 1.71
9 June 2016 0.77 1.68
10 June 2016 0.73 1.64
13 June 2016 0.73 1.62
14 June 2016 0.74 1.62
15 June 2016 0.69 1.60
16 June 2016 0.70 1.57
17 June 2016 0.70 1.62
20 June 2016 0.74 1.67
21 June 2016 0.76 1.71
22 June 2016 0.75 1.69
23 June 2016 0.78 1.74
24 June 2016 0.64 1.57
27 June 2016 0.61 1.46
28 June 2016 0.61 1.46
29 June 2016 0.62 1.50
30 June 2016 0.58 1.49
1 July 2016 0.59 1.46
4 July 2016 ND ND
5 July 2016 0.56 1.37
6 July 2016 0.58 1.38
7 July 2016 0.58 1.40
8 July 2016 0.61 1.37
11 July 2016 0.66 1.43
12 July 2016 0.69 1.53
13 July 2016 0.68 1.48
14 July 2016 0.68 1.53
15 July 2016 0.71 1.60
18 July 2016 0.68 1.59
19 July 2016 0.70 1.56
20 July 2016 0.73 1.59
21 July 2016 0.70 1.57
22 July 2016 0.71 1.57
25 July 2016 0.72 1.58
26 July 2016 0.75 1.57
27 July 2016 0.73 1.52
28 July 2016 0.72 1.52
29 July 2016 0.67 1.46
1 August 2016 0.67 1.51
2 August 2016 0.67 1.55
3 August 2016 0.67 1.55
4 August 2016 0.64 1.51
5 August 2016 0.72 1.59
8 August 2016 0.74 1.59
9 August 2016 0.71 1.55
10 August 2016 0.69 1.50
11 August 2016 0.76 1.57
12 August 2016 0.71 1.51
15 August 2016 0.72 1.55
16 August 2016 0.76 1.57
17 August 2016 0.74 1.56
18 August 2016 0.71 1.53
19 August 2016 0.76 1.58
22 August 2016 0.76 1.55
23 August 2016 0.74 1.55
24 August 2016 0.76 1.56
25 August 2016 0.78 1.58
26 August 2016 0.84 1.62
29 August 2016 0.81 1.57
30 August 2016 0.80 1.57
31 August 2016 0.80 1.58
1 September 2016 0.78 1.57
2 September 2016 0.80 1.60
5 September 2016 ND ND
6 September 2016 0.74 1.55
7 September 2016 0.74 1.54
8 September 2016 0.78 1.61
9 September 2016 0.79 1.67
12 September 2016 0.79 1.68
13 September 2016 0.80 1.73
14 September 2016 0.77 1.70
15 September 2016 0.74 1.71
16 September 2016 0.77 1.70
19 September 2016 0.79 1.70
20 September 2016 0.79 1.69
21 September 2016 0.79 1.66
22 September 2016 0.79 1.63
23 September 2016 0.77 1.62
26 September 2016 0.76 1.59
27 September 2016 0.75 1.56
28 September 2016 0.75 1.57
29 September 2016 0.73 1.56
30 September 2016 0.77 1.60
3 October 2016 0.80 1.63
4 October 2016 0.82 1.69
5 October 2016 0.85 1.72
6 October 2016 0.86 1.75
7 October 2016 0.83 1.73
10 October 2016 ND ND
11 October 2016 0.87 1.77
12 October 2016 0.87 1.79
13 October 2016 0.85 1.75
14 October 2016 0.84 1.80
17 October 2016 0.81 1.77
18 October 2016 0.82 1.75
19 October 2016 0.81 1.76
20 October 2016 0.84 1.76
21 October 2016 0.84 1.74
24 October 2016 0.84 1.77
25 October 2016 0.86 1.77
26 October 2016 0.86 1.79
27 October 2016 0.87 1.85
28 October 2016 0.86 1.86
31 October 2016 0.86 1.84
1 November 2016 0.83 1.83
2 November 2016 0.81 1.81
3 November 2016 0.81 1.82
4 November 2016 0.80 1.79
7 November 2016 0.82 1.83
8 November 2016 0.87 1.88
9 November 2016 0.90 2.07
10 November 2016 0.92 2.15
11 November 2016 ND ND
14 November 2016 1.00 2.23
15 November 2016 1.02 2.23
16 November 2016 1.00 2.22
17 November 2016 1.04 2.29
18 November 2016 1.07 2.34
21 November 2016 1.08 2.33
22 November 2016 1.07 2.31
23 November 2016 1.12 2.36
24 November 2016 ND ND
25 November 2016 1.12 2.36
28 November 2016 1.11 2.32
29 November 2016 1.09 2.30
30 November 2016 1.11 2.37
1 December 2016 1.14 2.45
2 December 2016 1.11 2.40
5 December 2016 1.13 2.39
6 December 2016 1.12 2.39
7 December 2016 1.10 2.34
8 December 2016 1.12 2.40
9 December 2016 1.15 2.47
12 December 2016 1.15 2.49
13 December 2016 1.17 2.48
14 December 2016 1.27 2.54
15 December 2016 1.29 2.60
16 December 2016 1.28 2.60
19 December 2016 1.24 2.54
20 December 2016 1.25 2.57
21 December 2016 1.21 2.55
22 December 2016 1.22 2.55
23 December 2016 1.22 2.55
26 December 2016 ND ND
27 December 2016 1.28 2.57
28 December 2016 1.26 2.51
29 December 2016 1.22 2.49
30 December 2016 1.20 2.45
2 January 2017 ND ND
3 January 2017 1.22 2.45
4 January 2017 1.24 2.46
5 January 2017 1.17 2.37
6 January 2017 1.22 2.42
9 January 2017 1.21 2.38
10 January 2017 1.19 2.38
11 January 2017 1.20 2.38
12 January 2017 1.18 2.36
13 January 2017 1.21 2.40
16 January 2017 ND ND
17 January 2017 1.17 2.33
18 January 2017 1.23 2.42
19 January 2017 1.25 2.47
20 January 2017 1.20 2.48
23 January 2017 1.16 2.41
24 January 2017 1.21 2.47
25 January 2017 1.23 2.53
26 January 2017 1.21 2.51
27 January 2017 1.22 2.49
30 January 2017 1.22 2.49
31 January 2017 1.19 2.45
1 February 2017 1.22 2.48
2 February 2017 1.21 2.48
3 February 2017 1.21 2.49
6 February 2017 1.16 2.42
7 February 2017 1.16 2.40
8 February 2017 1.15 2.34
9 February 2017 1.20 2.40

Note: The 2-year and 10-year Treasury rates are the constant-maturity yields based on the most actively traded securities.

Source: Department of the Treasury.

Return to text

Figure 18. Federal Reserve assets and liabilities

Assets
Weekly

Values for each component are in billions of dollars; charted totals are in trillions of dollars

Period Treasury securities
held outright
Agency debt and
mortgage-backed
securities holdings
Credit and
liquidity facilities
Other assets Sum
2 January 2008 740.63 0.00 68.92 112.64 922.19
9 January 2008 728.20 0.00 65.02 87.54 880.75
16 January 2008 728.26 0.00 69.57 95.76 893.58
23 January 2008 723.31 0.00 74.02 79.92 877.25
30 January 2008 718.37 0.00 74.05 107.85 900.26
6 February 2008 713.38 0.00 84.46 73.19 871.02
13 February 2008 713.37 0.00 84.04 85.60 883.00
20 February 2008 713.36 0.00 71.37 94.22 878.95
27 February 2008 713.36 0.00 70.69 109.78 893.83
5 March 2008 713.39 0.00 60.04 107.78 881.21
12 March 2008 703.44 0.00 60.03 133.10 896.56
19 March 2008 660.48 0.00 108.93 119.24 888.65
26 March 2008 612.31 0.00 117.61 164.05 893.97
2 April 2008 581.24 0.00 165.80 136.67 883.71
9 April 2008 560.11 0.00 154.84 178.08 893.03
16 April 2008 548.63 0.00 170.51 162.76 881.90
23 April 2008 548.66 0.00 168.04 169.08 885.78
30 April 2008 548.69 0.00 165.76 173.68 888.13
7 May 2008 536.71 0.00 163.79 188.72 889.23
14 May 2008 515.66 0.00 204.90 159.61 880.18
21 May 2008 502.86 0.00 205.87 189.75 898.49
28 May 2008 491.09 0.00 241.22 171.74 904.05
4 June 2008 486.94 0.00 232.79 176.21 895.94
11 June 2008 482.07 0.00 234.04 174.50 890.61
18 June 2008 478.73 0.00 233.89 189.68 902.30
25 June 2008 478.80 0.00 227.40 186.51 892.71
2 July 2008 478.87 0.00 253.81 170.28 902.96
9 July 2008 478.95 0.00 254.28 164.81 898.03
16 July 2008 479.04 0.00 257.21 174.43 910.68
23 July 2008 479.12 0.00 258.89 161.66 899.66
30 July 2008 479.21 0.00 258.48 180.94 918.63
6 August 2008 479.33 0.00 258.64 163.74 901.71
13 August 2008 479.43 0.00 258.83 176.37 914.63
20 August 2008 479.54 0.00 264.77 154.30 898.61
27 August 2008 479.64 0.00 265.25 165.09 909.98
3 September 2008 479.73 0.00 260.38 165.15 905.25
10 September 2008 479.78 0.00 264.88 181.06 925.72
17 September 2008 479.84 0.00 362.66 152.59 995.09
24 September 2008 476.58 10.00 583.65 141.60 1211.83
1 October 2008 476.62 14.50 874.40 138.47 1503.99
8 October 2008 476.58 14.11 944.54 156.37 1591.59
15 October 2008 476.55 14.11 1140.87 139.28 1770.81
22 October 2008 476.51 14.11 1175.21 136.78 1802.60
29 October 2008 476.47 13.62 1341.64 137.35 1969.09
5 November 2008 476.46 13.24 1446.42 138.10 2074.21
12 November 2008 476.44 12.97 1585.33 138.11 2212.85
19 November 2008 476.43 12.50 1563.89 134.32 2187.14
26 November 2008 476.41 12.22 1483.21 134.28 2106.12
3 December 2008 476.35 11.57 1514.22 134.77 2136.92
10 December 2008 476.25 15.81 1622.55 135.40 2250.01
17 December 2008 476.14 17.62 1623.08 138.15 2254.98
24 December 2008 476.01 20.88 1596.47 138.95 2232.31
31 December 2008 475.92 19.71 1605.85 137.98 2239.46
7 January 2009 475.72 19.26 1508.61 117.85 2121.44
14 January 2009 475.51 29.79 1445.63 98.78 2049.71
21 January 2009 475.32 30.15 1452.64 79.01 2037.11
28 January 2009 475.13 35.74 1356.38 59.84 1927.08
4 February 2009 474.98 37.29 1280.36 58.80 1851.44
11 February 2009 474.87 39.53 1269.91 59.09 1843.40
18 February 2009 474.76 98.87 1283.96 57.97 1915.56
25 February 2009 474.64 107.08 1276.22 58.17 1916.12
4 March 2009 474.62 107.14 1262.55 57.00 1901.32
11 March 2009 474.66 113.39 1253.34 58.13 1899.51
18 March 2009 474.70 284.76 1245.94 61.54 2066.94
25 March 2009 474.75 286.55 1246.29 63.97 2071.56
1 April 2009 492.33 290.25 1231.40 64.96 2078.94
8 April 2009 508.41 292.94 1219.10 68.12 2088.57
15 April 2009 526.10 417.08 1171.06 72.26 2186.50
22 April 2009 534.97 432.10 1156.24 73.50 2196.81
29 April 2009 549.05 434.31 1008.69 74.66 2066.71
6 May 2009 560.60 437.29 1004.43 77.44 2079.76
13 May 2009 577.09 504.50 1033.08 81.68 2196.35
20 May 2009 583.27 508.15 1009.59 80.62 2181.63
27 May 2009 600.14 507.30 889.50 83.17 2080.12
3 June 2009 606.17 509.60 877.70 84.23 2077.70
10 June 2009 628.69 513.79 825.07 84.76 2052.30
17 June 2009 638.67 545.73 802.15 85.98 2072.53
24 June 2009 653.19 563.85 720.93 87.59 2025.57
1 July 2009 663.47 560.27 693.31 88.57 2005.63
8 July 2009 673.50 560.28 668.70 90.26 1992.74
15 July 2009 684.03 628.12 670.22 90.08 2072.45
22 July 2009 692.73 648.15 606.85 91.28 2039.00
29 July 2009 695.76 648.80 564.70 91.29 2000.55
5 August 2009 705.33 650.95 539.17 93.75 1989.20
12 August 2009 728.97 652.89 537.71 95.33 2014.90
19 August 2009 736.09 721.32 511.95 91.28 2060.64
26 August 2009 744.88 740.26 497.98 91.79 2074.90
2 September 2009 752.84 744.59 493.58 92.71 2083.72
9 September 2009 757.77 748.39 487.07 94.71 2087.95
16 September 2009 759.80 810.21 473.31 96.45 2139.78
23 September 2009 765.63 822.80 468.97 101.23 2158.63
30 September 2009 769.16 823.54 448.07 100.25 2141.02
7 October 2009 769.19 826.10 441.40 101.40 2138.09
14 October 2009 773.46 899.37 411.98 107.97 2192.79
21 October 2009 773.49 916.71 405.07 105.85 2201.12
28 October 2009 774.56 915.67 365.83 105.48 2161.54
4 November 2009 776.51 921.35 361.14 106.06 2165.07
11 November 2009 776.52 925.25 325.62 107.65 2135.04
18 November 2009 776.53 1000.09 326.61 105.50 2208.72
25 November 2009 776.54 1007.19 316.88 105.76 2206.36
2 December 2009 776.54 1007.24 314.46 105.83 2204.07
9 December 2009 776.55 1010.46 290.61 108.76 2186.38
16 December 2009 776.56 1058.92 290.62 109.66 2235.76
23 December 2009 776.58 1070.31 278.34 110.58 2235.80
30 December 2009 776.59 1068.14 280.28 109.06 2234.07
6 January 2010 776.60 1068.62 280.65 109.45 2235.30
13 January 2010 776.60 1129.42 271.62 114.06 2291.70
20 January 2010 776.61 1133.10 229.88 112.21 2251.81
27 January 2010 776.62 1133.40 225.46 111.41 2246.89
3 February 2010 776.61 1134.99 225.91 111.80 2249.32
10 February 2010 776.59 1141.81 224.52 113.75 2256.68
17 February 2010 776.57 1191.13 201.45 108.43 2277.57
24 February 2010 776.55 1199.09 199.77 110.72 2286.13
3 March 2010 776.55 1194.34 199.90 109.35 2280.15
10 March 2010 776.59 1198.18 197.17 110.53 2282.47
17 March 2010 776.63 1233.93 186.52 110.92 2308.00
24 March 2010 776.67 1241.29 183.75 111.45 2313.15
31 March 2010 776.70 1237.69 182.65 110.11 2307.15
7 April 2010 776.71 1237.72 181.86 111.28 2307.58
14 April 2010 776.71 1270.78 177.70 114.16 2339.35
21 April 2010 776.71 1270.83 176.92 113.09 2337.56
28 April 2010 776.72 1265.32 176.99 111.44 2330.47
5 May 2010 776.75 1265.53 171.60 112.29 2326.16
12 May 2010 776.79 1266.47 179.16 113.68 2336.10
19 May 2010 776.83 1287.06 178.45 108.54 2350.89
26 May 2010 776.88 1280.29 169.69 107.19 2334.04
2 June 2010 776.91 1280.33 171.25 107.72 2336.22
9 June 2010 776.93 1280.39 165.18 109.03 2331.53
16 June 2010 776.95 1293.80 164.31 109.25 2344.32
23 June 2010 776.97 1294.27 162.86 110.39 2344.50
30 June 2010 776.99 1282.89 162.78 108.19 2330.85
7 July 2010 777.00 1283.05 161.41 110.56 2332.02
14 July 2010 777.00 1290.67 161.13 111.91 2340.72
21 July 2010 777.01 1283.97 160.18 111.16 2332.32
28 July 2010 777.02 1276.86 160.82 110.60 2325.30
4 August 2010 777.02 1277.12 160.49 111.85 2326.48
11 August 2010 777.01 1278.84 158.47 113.21 2327.53
18 August 2010 779.55 1270.23 156.90 106.98 2313.66
25 August 2010 784.50 1259.67 151.08 105.77 2301.02
1 September 2010 786.28 1259.67 148.80 107.24 2302.00
8 September 2010 789.89 1259.67 147.19 109.05 2305.80
15 September 2010 794.65 1246.75 146.24 108.44 2296.08
22 September 2010 805.11 1245.98 144.95 111.13 2307.17
29 September 2010 811.67 1232.64 143.55 110.83 2298.69
6 October 2010 819.07 1232.64 143.17 113.21 2308.09
13 October 2010 821.16 1230.72 143.08 114.92 2309.88
20 October 2010 832.12 1216.49 141.92 114.70 2305.23
27 October 2010 837.85 1200.72 142.78 114.05 2295.39
3 November 2010 842.01 1200.72 142.49 115.13 2300.35
10 November 2010 853.04 1200.72 141.54 117.47 2312.77
17 November 2010 873.62 1187.27 140.90 112.97 2314.76
24 November 2010 901.24 1185.98 140.63 118.15 2346.00
1 December 2010 917.45 1170.83 140.90 117.73 2346.92
8 December 2010 949.61 1170.83 139.56 122.29 2382.29
15 December 2010 967.55 1156.73 138.70 122.78 2385.75
22 December 2010 1007.24 1155.86 138.11 126.72 2427.92
29 December 2010 1016.10 1139.60 138.19 126.67 2420.57
5 January 2011 1030.98 1139.60 137.89 127.59 2436.06
12 January 2011 1062.06 1138.47 137.31 130.29 2468.13
19 January 2011 1079.58 1126.04 89.20 130.35 2425.16
26 January 2011 1114.45 1109.70 88.89 130.49 2443.53
2 February 2011 1138.17 1109.70 88.83 132.73 2469.42
9 February 2011 1167.09 1109.70 88.50 135.19 2500.48
16 February 2011 1190.34 1102.81 87.72 127.99 2508.87
23 February 2011 1213.43 1102.32 86.70 130.78 2533.22
2 March 2011 1236.26 1092.18 85.94 130.74 2545.12
9 March 2011 1266.07 1092.18 85.83 133.00 2577.08
16 March 2011 1280.39 1084.10 85.02 133.55 2583.05
23 March 2011 1305.24 1076.34 84.64 135.12 2601.34
30 March 2011 1333.44 1069.65 84.43 135.00 2622.52
6 April 2011 1358.21 1069.65 83.65 137.17 2648.68
13 April 2011 1374.69 1068.04 83.08 139.59 2665.41
20 April 2011 1402.49 1061.68 81.56 140.04 2685.78
27 April 2011 1413.47 1053.21 83.40 140.91 2690.98
4 May 2011 1441.86 1052.14 81.39 143.37 2718.76
11 May 2011 1466.21 1052.14 80.58 145.56 2744.50
18 May 2011 1495.17 1044.34 79.49 139.02 2758.01
25 May 2011 1519.33 1036.95 78.88 139.84 2775.00
1 June 2011 1532.24 1036.95 78.40 141.14 2788.72
8 June 2011 1554.66 1036.95 75.72 143.88 2811.21
15 June 2011 1575.94 1032.87 74.48 144.26 2827.55
22 June 2011 1601.96 1032.69 74.34 147.41 2856.40
29 June 2011 1617.06 1025.56 74.23 148.40 2865.25
6 July 2011 1624.51 1023.92 72.95 148.72 2870.10
13 July 2011 1630.41 1023.92 72.99 150.75 2878.07
20 July 2011 1634.09 1018.22 69.01 149.98 2871.30
27 July 2011 1638.16 1009.72 65.23 150.46 2863.58
3 August 2011 1640.92 1009.72 65.13 151.45 2867.21
10 August 2011 1644.74 1009.72 65.19 152.77 2872.42
17 August 2011 1647.63 1003.23 62.43 144.62 2857.91
24 August 2011 1648.44 1002.13 62.57 146.30 2859.43
31 August 2011 1652.11 994.72 62.15 144.91 2853.89
7 September 2011 1655.60 994.72 62.06 146.28 2858.66
14 September 2011 1658.96 994.72 62.10 147.76 2863.54
21 September 2011 1663.10 987.51 59.41 147.72 2857.75
28 September 2011 1664.65 979.15 59.42 147.69 2850.92
5 October 2011 1671.78 979.15 59.25 149.51 2859.70
12 October 2011 1668.77 979.15 59.32 153.58 2860.82
19 October 2011 1670.26 969.74 57.69 154.70 2852.39
26 October 2011 1678.01 956.93 54.07 156.68 2845.68
2 November 2011 1654.19 956.93 53.82 157.09 2822.03
9 November 2011 1668.11 956.93 53.83 160.92 2839.79
16 November 2011 1675.84 949.48 51.42 154.84 2831.58
23 November 2011 1664.80 947.51 50.86 158.81 2821.98
30 November 2011 1672.04 932.96 50.88 158.36 2814.23
7 December 2011 1675.03 932.96 50.52 162.18 2820.69
14 December 2011 1673.47 963.99 98.89 166.13 2902.49
21 December 2011 1684.25 956.42 107.14 168.28 2916.09
28 December 2011 1672.09 941.29 143.96 168.75 2926.09
4 January 2012 1663.44 941.73 143.78 168.74 2917.69
11 January 2012 1650.84 942.68 135.16 170.48 2899.15
18 January 2012 1651.51 948.93 146.46 172.52 2919.42
25 January 2012 1661.53 937.12 146.34 174.55 2919.55
1 February 2012 1662.46 937.51 147.62 177.36 2924.95
8 February 2012 1660.69 937.53 149.27 180.79 2928.27
15 February 2012 1667.07 949.30 148.68 172.83 2937.89
22 February 2012 1656.58 953.86 147.24 175.13 2932.81
29 February 2012 1661.60 941.61 147.52 174.99 2925.72
7 March 2012 1659.28 940.60 107.45 177.42 2884.75
14 March 2012 1659.77 953.69 99.51 180.59 2893.56
21 March 2012 1663.48 950.25 96.61 182.30 2892.65
28 March 2012 1664.91 933.26 95.85 184.11 2878.14
4 April 2012 1669.37 933.27 77.35 185.49 2865.48
11 April 2012 1681.09 933.27 63.40 189.44 2867.20
18 April 2012 1672.14 950.56 61.51 191.26 2875.47
25 April 2012 1667.77 942.37 63.38 193.05 2866.56
2 May 2012 1667.63 942.39 59.30 194.96 2864.28
9 May 2012 1665.94 942.40 58.49 197.33 2864.15
16 May 2012 1656.79 952.39 52.67 189.12 2850.98
23 May 2012 1656.82 958.24 52.14 192.29 2859.50
30 May 2012 1656.67 945.00 47.67 193.31 2842.65
6 June 2012 1664.29 945.01 47.78 194.94 2852.02
13 June 2012 1660.16 961.19 48.91 198.82 2869.07
20 June 2012 1663.58 959.52 45.23 202.51 2870.85
27 June 2012 1666.53 946.46 47.79 202.76 2863.55
4 July 2012 1666.37 946.51 48.78 204.19 2865.86
11 July 2012 1662.64 946.54 50.57 206.53 2866.28
18 July 2012 1648.69 954.04 44.17 208.89 2855.81
25 July 2012 1651.43 944.39 41.07 209.86 2846.76
1 August 2012 1649.29 944.51 45.05 212.27 2851.12
8 August 2012 1652.42 944.52 44.06 215.18 2856.18
15 August 2012 1646.36 943.26 37.85 205.85 2833.32
22 August 2012 1637.15 946.52 33.67 208.32 2825.66
29 August 2012 1639.41 930.81 32.51 210.08 2812.81
5 September 2012 1648.86 930.92 30.35 212.04 2822.17
12 September 2012 1650.85 930.94 25.73 215.93 2823.45
19 September 2012 1646.10 937.24 20.80 217.43 2821.57
26 September 2012 1648.40 918.38 19.08 218.59 2804.46
3 October 2012 1652.94 918.40 16.79 220.38 2808.51
10 October 2012 1653.74 917.75 17.18 222.96 2811.62
17 October 2012 1659.08 945.05 16.84 225.94 2846.92
24 October 2012 1646.52 950.82 15.99 227.64 2840.96
31 October 2012 1645.33 933.94 16.67 227.19 2823.14
7 November 2012 1651.29 933.96 16.14 229.40 2830.79
14 November 2012 1656.83 970.92 15.65 233.84 2877.24
21 November 2012 1650.49 979.87 15.61 225.20 2871.16
28 November 2012 1646.65 962.82 15.60 226.29 2851.36
5 December 2012 1653.59 962.93 15.51 227.77 2859.81
12 December 2012 1660.81 1008.08 15.57 232.80 2917.26
19 December 2012 1658.85 1012.67 14.78 233.92 2920.23
26 December 2012 1656.93 1003.34 11.85 235.18 2907.30
2 January 2013 1666.12 1003.47 11.83 235.77 2917.19
9 January 2013 1676.31 1003.07 11.90 237.44 2928.73
16 January 2013 1688.89 1022.72 11.00 241.21 2963.81
23 January 2013 1696.69 1058.29 10.99 245.73 3011.70
30 January 2013 1710.06 1040.89 10.95 246.80 3008.70
6 February 2013 1717.18 1040.99 7.70 249.10 3014.98
13 February 2013 1728.48 1084.28 7.63 253.84 3074.23
20 February 2013 1736.46 1107.32 7.63 243.74 3095.15
27 February 2013 1749.54 1089.50 6.58 244.97 3090.60
6 March 2013 1761.76 1089.53 10.62 246.89 3108.81
13 March 2013 1769.99 1134.46 10.27 250.68 3165.40
20 March 2013 1784.65 1157.93 10.24 254.06 3206.89
27 March 2013 1794.46 1143.35 10.54 253.90 3202.26
3 April 2013 1805.64 1143.40 10.34 256.06 3215.43
10 April 2013 1814.48 1143.14 11.07 259.07 3227.76
17 April 2013 1825.04 1198.17 9.84 262.05 3295.11
24 April 2013 1836.23 1208.06 9.87 264.49 3318.65
1 May 2013 1847.98 1193.59 10.90 264.72 3317.19
8 May 2013 1854.33 1193.60 9.60 267.08 3324.62
15 May 2013 1864.51 1222.55 9.60 257.61 3354.27
22 May 2013 1877.15 1250.84 9.57 261.15 3398.71
29 May 2013 1883.56 1235.82 4.09 261.66 3385.13
5 June 2013 1898.01 1235.88 4.00 262.30 3400.18
12 June 2013 1906.08 1235.90 3.94 264.92 3410.84
19 June 2013 1918.71 1279.64 3.92 268.26 3470.53
26 June 2013 1928.42 1278.77 3.65 267.83 3478.67
3 July 2013 1942.68 1277.32 3.82 268.92 3492.74
10 July 2013 1952.53 1277.33 3.62 270.62 3504.10
17 July 2013 1961.67 1301.06 3.61 271.52 3537.86
24 July 2013 1970.00 1327.45 3.59 273.53 3574.57
31 July 2013 1982.41 1313.49 3.64 272.26 3571.80
7 August 2013 1993.37 1313.49 3.57 274.93 3585.36
14 August 2013 2001.09 1365.54 3.61 276.08 3646.32
21 August 2013 2012.17 1368.90 2.37 262.23 3645.67
28 August 2013 2023.61 1357.05 2.38 261.41 3644.46
4 September 2013 2033.29 1357.11 2.37 261.42 3654.18
11 September 2013 2041.09 1355.69 2.29 262.96 3662.03
18 September 2013 2052.05 1403.42 2.26 264.46 3722.19
25 September 2013 2062.00 1405.66 2.22 264.14 3734.02
2 October 2013 2076.93 1402.79 2.46 265.22 3747.39
9 October 2013 2086.74 1402.81 2.12 266.99 3758.66
16 October 2013 2095.03 1447.91 2.21 268.44 3813.60
23 October 2013 2106.47 1459.75 2.20 270.61 3839.03
30 October 2013 2117.75 1452.77 2.19 270.68 3843.40
6 November 2013 2125.55 1452.77 2.16 271.13 3851.62
13 November 2013 2137.04 1493.63 2.16 274.59 3907.42
20 November 2013 2150.96 1492.26 2.15 261.25 3906.62
27 November 2013 2163.67 1498.23 2.16 261.83 3925.88
4 December 2013 2169.79 1498.24 2.15 262.45 3932.63
11 December 2013 2185.72 1540.19 2.16 265.89 3993.95
18 December 2013 2197.29 1542.63 2.17 265.98 4008.06
25 December 2013 2208.83 1554.16 2.20 267.38 4032.58
1 January 2014 2208.78 1547.38 2.18 265.30 4023.64
8 January 2014 2212.92 1545.82 2.11 267.32 4028.18
15 January 2014 2220.95 1580.12 2.11 268.35 4071.53
22 January 2014 2231.43 1594.38 2.12 269.99 4097.91
29 January 2014 2243.18 1587.13 2.16 269.67 4102.14
5 February 2014 2252.97 1583.64 2.23 270.44 4109.28
12 February 2014 2261.10 1583.65 2.23 272.49 4119.47
19 February 2014 2267.87 1620.10 2.23 259.02 4149.22
26 February 2014 2278.26 1621.48 2.23 258.01 4159.97
5 March 2014 2288.45 1621.53 2.33 259.45 4171.76
12 March 2014 2295.94 1621.54 2.34 261.55 4181.36
19 March 2014 2305.79 1650.33 2.36 263.60 4222.08
26 March 2014 2311.54 1650.45 2.34 262.65 4226.97
2 April 2014 2320.65 1650.45 2.28 263.06 4236.44
9 April 2014 2326.09 1650.45 2.27 265.38 4244.19
16 April 2014 2335.99 1679.22 2.27 266.48 4283.97
23 April 2014 2341.77 1684.10 2.28 268.20 4296.34
30 April 2014 2350.27 1676.84 2.25 266.68 4296.05
7 May 2014 2354.92 1676.84 2.29 269.10 4303.14
14 May 2014 2361.33 1700.99 2.26 272.07 4336.65
21 May 2014 2367.24 1699.90 2.28 258.15 4327.56
28 May 2014 2370.72 1692.06 2.14 257.72 4322.65
4 June 2014 2378.19 1692.06 2.17 258.50 4330.92
11 June 2014 2385.80 1692.08 2.19 260.83 4340.90
18 June 2014 2391.48 1712.04 2.17 262.47 4368.17
25 June 2014 2396.97 1707.56 2.23 261.59 4368.35
2 July 2014 2404.58 1707.56 2.15 262.75 4377.03
9 July 2014 2408.51 1707.56 2.13 265.21 4383.40
16 July 2014 2410.34 1719.63 2.17 266.07 4398.20
23 July 2014 2413.62 1726.91 2.13 268.08 4410.75
30 July 2014 2420.29 1716.49 2.14 267.73 4406.64
6 August 2014 2422.57 1716.49 2.14 268.92 4410.11
13 August 2014 2427.65 1730.13 2.15 272.00 4431.92
20 August 2014 2431.40 1723.46 2.16 255.90 4412.92
27 August 2014 2435.93 1719.87 2.21 255.72 4413.74
3 September 2014 2436.99 1719.88 2.23 256.49 4415.59
10 September 2014 2440.64 1719.88 2.22 258.66 4421.41
17 September 2014 2446.57 1740.50 2.10 260.41 4449.59
24 September 2014 2448.63 1746.29 2.06 262.08 4459.05
1 October 2014 2451.74 1736.43 2.18 259.92 4450.26
8 October 2014 2454.46 1736.43 1.92 262.60 4455.40
15 October 2014 2455.35 1753.18 1.93 263.90 4474.36
22 October 2014 2459.20 1755.14 1.93 265.34 4481.62
29 October 2014 2461.58 1757.59 1.91 265.68 4486.75
5 November 2014 2461.58 1757.60 1.85 265.56 4486.58
12 November 2014 2461.60 1757.60 1.81 267.89 4488.90
19 November 2014 2461.62 1774.59 1.81 254.74 4492.76
26 November 2014 2461.64 1768.47 1.79 254.03 4485.93
3 December 2014 2461.63 1768.48 1.78 254.30 4486.19
10 December 2014 2461.56 1768.49 1.80 257.01 4488.87
17 December 2014 2461.49 1780.63 1.77 258.35 4502.25
24 December 2014 2461.42 1786.05 1.83 260.16 4509.46
31 December 2014 2461.36 1775.51 3.35 257.44 4497.66
7 January 2015 2461.22 1775.52 3.23 259.56 4499.52
14 January 2015 2461.08 1790.41 1.71 262.87 4516.08
21 January 2015 2460.94 1788.12 1.85 262.03 4512.94
28 January 2015 2460.80 1776.26 1.72 261.28 4500.06
4 February 2015 2460.65 1776.27 1.70 261.73 4500.35
11 February 2015 2460.49 1775.57 1.70 263.92 4501.69
18 February 2015 2460.33 1785.90 1.69 248.93 4496.85
25 February 2015 2460.17 1777.08 1.70 247.78 4486.72
4 March 2015 2460.03 1777.10 1.70 248.75 4487.58
11 March 2015 2459.91 1777.13 1.70 250.54 4489.28
18 March 2015 2459.79 1782.79 1.70 251.61 4495.89
25 March 2015 2459.67 1768.79 1.71 250.44 4480.60
1 April 2015 2459.58 1768.81 2.56 250.85 4481.80
8 April 2015 2459.69 1768.81 1.72 253.20 4483.42
15 April 2015 2459.81 1770.33 1.73 253.50 4485.37
22 April 2015 2459.92 1772.96 1.75 255.06 4489.70
29 April 2015 2460.03 1754.74 1.75 254.97 4471.50
6 May 2015 2460.18 1754.75 1.75 256.02 4472.70
13 May 2015 2460.33 1779.73 1.78 259.34 4501.19
20 May 2015 2460.49 1773.36 1.79 244.75 4480.38
27 May 2015 2460.64 1758.33 1.80 243.22 4463.98
3 June 2015 2460.75 1758.33 1.82 244.46 4465.36
10 June 2015 2460.80 1758.33 1.83 247.04 4468.00
17 June 2015 2460.86 1776.77 2.00 248.18 4487.82
24 June 2015 2460.91 1782.29 2.02 249.84 4495.05
1 July 2015 2460.98 1767.96 2.50 247.70 4479.13
8 July 2015 2461.11 1767.96 2.03 250.20 4481.29
15 July 2015 2461.24 1779.70 2.19 250.47 4493.61
22 July 2015 2461.37 1784.55 2.55 252.03 4500.50
29 July 2015 2461.50 1769.93 2.26 251.79 4485.48
5 August 2015 2461.60 1769.95 2.21 252.56 4486.33
12 August 2015 2461.69 1769.98 2.17 255.41 4489.25
19 August 2015 2461.78 1783.17 2.16 240.10 4487.21
26 August 2015 2461.88 1771.70 2.09 239.44 4475.11
2 September 2015 2461.94 1771.78 2.09 240.08 4475.89
9 September 2015 2461.94 1771.80 2.09 242.39 4478.21
16 September 2015 2461.94 1780.21 2.11 243.54 4487.81
23 September 2015 2461.95 1787.71 2.67 245.16 4497.48
30 September 2015 2461.95 1776.33 2.64 243.20 4484.11
7 October 2015 2461.91 1776.34 2.07 245.86 4486.18
14 October 2015 2461.87 1791.58 2.07 249.18 4504.70
21 October 2015 2461.84 1789.34 2.03 248.16 4501.37
28 October 2015 2461.80 1778.24 2.02 247.28 4489.34
4 November 2015 2461.76 1778.25 1.99 247.71 4489.70
11 November 2015 2461.72 1778.25 1.97 250.08 4492.01
18 November 2015 2461.68 1786.45 1.97 236.63 4486.72
25 November 2015 2461.63 1777.73 1.95 235.77 4477.09
2 December 2015 2461.60 1777.73 1.92 236.81 4478.07
9 December 2015 2461.59 1777.74 1.93 239.17 4480.44
16 December 2015 2461.58 1786.10 1.93 239.99 4489.59
23 December 2015 2461.57 1790.70 2.71 241.54 4496.52
30 December 2015 2461.55 1780.41 3.35 241.27 4486.59
6 January 2016 2461.51 1780.41 2.87 241.82 4486.61
13 January 2016 2461.45 1793.55 1.86 244.83 4501.70
20 January 2016 2461.40 1781.59 1.86 243.99 4488.84
27 January 2016 2461.34 1775.50 1.95 243.56 4482.35
3 February 2016 2461.27 1775.50 1.82 244.91 4483.49
10 February 2016 2461.17 1775.50 1.82 247.78 4486.28
17 February 2016 2461.08 1788.09 1.89 232.57 4483.63
24 February 2016 2461.21 1792.24 1.83 234.52 4489.80
2 March 2016 2461.15 1783.15 1.82 232.37 4478.49
9 March 2016 2461.20 1783.15 1.83 234.91 4481.08
16 March 2016 2461.24 1787.34 1.83 235.92 4486.33
23 March 2016 2461.28 1792.19 1.79 237.59 4492.86
30 March 2016 2461.33 1782.34 1.80 237.37 4482.84
6 April 2016 2461.34 1782.34 1.91 238.47 4484.07
13 April 2016 2461.37 1795.38 1.81 241.17 4499.73
20 April 2016 2461.39 1786.71 1.82 240.21 4490.13
27 April 2016 2461.41 1771.92 1.78 239.55 4474.67
4 May 2016 2461.49 1771.92 2.97 240.88 4477.27
11 May 2016 2461.60 1771.92 1.78 243.10 4478.41
18 May 2016 2461.72 1779.83 2.79 229.40 4473.74
25 May 2016 2461.64 1768.17 2.84 228.47 4461.11
1 June 2016 2461.76 1768.17 2.60 228.86 4461.39
8 June 2016 2461.90 1768.18 1.81 231.66 4463.54
15 June 2016 2462.03 1776.42 1.84 232.52 4472.82
22 June 2016 2462.17 1783.60 1.86 234.38 4482.01
29 June 2016 2462.30 1768.64 1.87 233.67 4466.48
6 July 2016 2462.43 1768.64 4.85 234.69 4470.60
13 July 2016 2462.54 1768.64 4.22 236.80 4472.20
20 July 2016 2462.65 1779.75 2.10 236.48 4480.97
27 July 2016 2462.76 1763.58 2.18 235.97 4464.50
3 August 2016 2462.86 1763.60 2.82 237.51 4466.79
10 August 2016 2462.96 1763.60 2.48 239.89 4468.93
17 August 2016 2463.45 1775.85 2.02 225.16 4466.48
24 August 2016 2463.54 1781.51 1.96 226.83 4473.84
31 August 2016 2463.65 1766.47 3.27 224.52 4457.91
7 September 2016 2463.60 1766.48 2.24 227.07 4459.39
14 September 2016 2463.55 1785.96 1.93 230.19 4481.64
21 September 2016 2463.51 1777.83 1.94 229.75 4473.03
28 September 2016 2463.46 1757.37 2.24 228.93 4452.00
5 October 2016 2463.47 1757.37 8.88 229.68 4459.41
12 October 2016 2463.50 1757.37 5.08 231.75 4457.70
19 October 2016 2463.52 1769.23 1.98 232.65 4467.38
26 October 2016 2463.54 1754.33 5.32 231.13 4454.33
2 November 2016 2463.59 1754.34 2.76 232.40 4453.09
9 November 2016 2463.65 1754.34 2.74 234.35 4455.09
16 November 2016 2463.72 1766.28 2.71 220.92 4453.63
23 November 2016 2463.80 1777.53 1.95 222.50 4465.78
30 November 2016 2463.86 1759.17 3.09 220.19 4446.31
7 December 2016 2463.50 1759.17 3.12 222.84 4448.62
14 December 2016 2463.53 1778.91 3.23 225.30 4470.97
21 December 2016 2463.57 1774.66 6.49 224.37 4469.09
28 December 2016 2463.60 1757.57 6.58 223.70 4451.45
4 January 2017 2463.59 1757.57 7.31 224.63 4453.10
11 January 2017 2463.55 1757.58 4.34 227.05 4452.51
18 January 2017 2463.50 1767.12 2.37 227.76 4460.76
25 January 2017 2463.46 1760.77 2.18 226.43 4452.84
1 February 2017 2463.43 1760.82 2.11 227.53 4453.88
8 February 2017 2463.44 1760.82 1.98 230.00 4456.24

Note: Data values are rounded and may not sum to totals. "Credit and liquidity facilities" consists of primary, secondary, and seasonal credit; term auction credit; central bank liquidity swaps; support for Maiden Lane, Bear Stearns, and AIG; and other credit facilities, including the Primary Dealer Credit Facility, the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility, the Commercial Paper Funding Facility, and the Term Asset-Backed Securities Loan Facility. "Other assets" includes unamortized premiums and discounts on securities held outright. The data extend through February 8, 2017.

Source: Federal Reserve Board, Statistical Release H.4.1, "Factors Affecting Reserve Balances."

Liabilities and capital
Weekly

Values for each component are in billions of dollars; charted totals are in trillions of dollars

Period Federal Reserve
notes in
circulation
Deposits of
depository
institutions
Capital and
other liabilities
Sum
2 January 2008 791.68 39.77 90.73 922.19
9 January 2008 781.80 12.89 86.06 880.75
16 January 2008 775.50 28.25 89.83 893.58
23 January 2008 774.71 15.98 86.56 877.25
30 January 2008 774.28 38.50 87.48 900.26
6 February 2008 777.11 9.46 84.46 871.02
13 February 2008 778.94 18.02 86.04 883.00
20 February 2008 780.50 10.32 88.12 878.95
27 February 2008 779.45 22.12 92.25 893.83
5 March 2008 780.77 9.73 90.71 881.21
12 March 2008 781.25 25.01 90.30 896.56
19 March 2008 781.20 10.17 97.27 888.65
26 March 2008 780.63 21.57 91.77 893.97
2 April 2008 779.56 11.42 92.73 883.71
9 April 2008 778.90 25.76 88.37 893.03
16 April 2008 777.51 12.74 91.65 881.90
23 April 2008 776.64 17.10 92.04 885.78
30 April 2008 777.09 20.30 90.74 888.13
7 May 2008 779.43 19.37 90.43 889.23
14 May 2008 780.79 10.57 88.81 880.18
21 May 2008 783.35 27.75 87.39 898.49
28 May 2008 787.70 26.89 89.47 904.05
4 June 2008 787.10 15.75 93.09 895.94
11 June 2008 786.40 14.37 89.84 890.61
18 June 2008 786.53 24.15 91.62 902.30
25 June 2008 787.96 12.83 91.92 892.71
2 July 2008 795.09 16.23 91.64 902.96
9 July 2008 795.66 11.01 91.36 898.03
16 July 2008 793.42 23.93 93.33 910.68
23 July 2008 794.24 10.97 94.45 899.66
30 July 2008 795.56 28.71 94.35 918.63
6 August 2008 795.85 10.86 95.00 901.71
13 August 2008 795.10 25.34 94.19 914.63
20 August 2008 793.70 10.46 94.45 898.61
27 August 2008 795.69 19.38 94.91 909.98
3 September 2008 799.72 10.94 94.60 905.25
10 September 2008 797.60 32.07 96.05 925.72
17 September 2008 796.09 89.10 109.90 995.09
24 September 2008 799.42 95.30 317.10 1211.83
1 October 2008 803.98 179.29 520.72 1503.99
8 October 2008 811.69 183.31 596.58 1591.59
15 October 2008 818.50 271.88 680.43 1770.81
22 October 2008 819.90 226.90 755.80 1802.60
29 October 2008 823.71 425.97 719.40 1969.09
5 November 2008 826.88 503.59 743.74 2074.21
12 November 2008 828.45 594.35 790.05 2212.85
19 November 2008 828.62 630.49 728.03 2187.14
26 November 2008 835.08 611.19 659.84 2106.12
3 December 2008 835.83 655.18 645.92 2136.92
10 December 2008 837.56 777.84 634.61 2250.01
17 December 2008 840.74 801.74 612.50 2254.98
24 December 2008 849.72 819.40 563.19 2232.31
31 December 2008 853.17 860.00 526.29 2239.46
7 January 2009 847.96 846.14 427.34 2121.44
14 January 2009 844.07 827.51 378.13 2049.71
21 January 2009 848.20 808.30 380.61 2037.11
28 January 2009 848.79 740.40 337.88 1927.08
4 February 2009 852.30 647.00 352.14 1851.44
11 February 2009 856.00 600.06 387.34 1843.40
18 February 2009 858.49 709.13 347.94 1915.56
25 February 2009 858.74 701.14 356.23 1916.12
4 March 2009 860.47 619.71 421.13 1901.32
11 March 2009 862.26 632.49 404.76 1899.51
18 March 2009 862.73 780.31 423.90 2066.94
25 March 2009 863.09 822.41 386.05 2071.56
1 April 2009 864.52 837.46 376.96 2078.94
8 April 2009 866.08 841.59 380.91 2088.57
15 April 2009 865.23 894.90 426.37 2186.50
22 April 2009 862.96 915.77 418.08 2196.81
29 April 2009 863.09 812.93 390.70 2066.71
6 May 2009 865.87 825.62 388.27 2079.76
13 May 2009 865.51 931.74 399.10 2196.35
20 May 2009 866.47 955.22 359.95 2181.63
27 May 2009 870.02 877.01 333.09 2080.12
3 June 2009 868.77 844.68 364.24 2077.70
10 June 2009 868.43 815.66 368.21 2052.30
17 June 2009 867.52 743.95 461.05 2072.53
24 June 2009 867.27 745.17 413.13 2025.57
1 July 2009 871.29 726.26 408.08 2005.63
8 July 2009 872.76 749.15 370.83 1992.74
15 July 2009 870.33 808.82 393.30 2072.45
22 July 2009 869.23 781.39 388.38 2039.00
29 July 2009 870.58 747.12 382.85 2000.55
5 August 2009 872.15 724.65 392.40 1989.20
12 August 2009 872.80 777.03 365.07 2014.90
19 August 2009 871.49 818.81 370.35 2060.64
26 August 2009 870.41 861.95 342.54 2074.90
2 September 2009 872.81 822.33 388.57 2083.72
9 September 2009 876.68 878.00 333.27 2087.95
16 September 2009 873.94 862.83 403.02 2139.78
23 September 2009 872.32 903.04 383.27 2158.63
30 September 2009 873.50 848.09 419.44 2141.02
7 October 2009 876.12 966.54 295.43 2138.09
14 October 2009 877.79 1051.95 263.05 2192.79
21 October 2009 875.32 1059.57 266.23 2201.12
28 October 2009 874.84 1083.45 203.25 2161.54
4 November 2009 877.49 1065.12 222.46 2165.07
11 November 2009 880.88 1044.24 209.92 2135.04
18 November 2009 879.36 1109.27 220.09 2208.72
25 November 2009 883.03 1168.57 154.76 2206.36
2 December 2009 882.42 1122.01 199.65 2204.07
9 December 2009 883.19 1106.67 196.52 2186.38
16 December 2009 883.39 1073.30 279.08 2235.76
23 December 2009 888.79 1082.52 264.50 2235.80
30 December 2009 889.68 1025.27 319.12 2234.07
6 January 2010 884.45 1024.50 326.36 2235.30
13 January 2010 879.22 1135.25 277.23 2291.70
20 January 2010 879.32 1063.04 309.44 2251.81
27 January 2010 878.38 1110.74 257.77 2246.89
3 February 2010 883.46 1116.26 249.59 2249.32
10 February 2010 889.09 1163.60 203.99 2256.68
17 February 2010 892.98 1205.16 179.42 2277.57
24 February 2010 892.06 1248.92 145.14 2286.13
3 March 2010 892.78 1186.08 201.28 2280.15
10 March 2010 893.62 1190.76 198.10 2282.47
17 March 2010 893.26 1118.09 296.64 2308.00
24 March 2010 893.04 1147.75 272.37 2313.15
31 March 2010 894.15 1053.88 359.13 2307.15
7 April 2010 896.30 1114.29 296.99 2307.58
14 April 2010 895.45 1063.98 379.91 2339.35
21 April 2010 894.76 1059.29 383.50 2337.56
28 April 2010 895.34 1048.80 386.33 2330.47
5 May 2010 897.52 1032.74 395.91 2326.16
12 May 2010 898.68 1092.84 344.58 2336.10
19 May 2010 897.57 1095.74 357.58 2350.89
26 May 2010 899.78 1088.40 345.86 2334.04
2 June 2010 903.73 1038.83 393.66 2336.22
9 June 2010 901.39 1078.09 352.04 2331.53
16 June 2010 899.86 1020.68 423.78 2344.32
23 June 2010 899.73 1063.50 381.26 2344.50
30 June 2010 904.13 973.49 453.23 2330.85
7 July 2010 907.70 1061.24 363.08 2332.02
14 July 2010 904.54 1073.38 362.79 2340.72
21 July 2010 902.26 1052.53 377.54 2332.32
28 July 2010 903.33 1055.13 366.83 2325.30
4 August 2010 905.77 1042.34 378.37 2326.48
11 August 2010 906.92 1060.35 360.27 2327.53
18 August 2010 906.76 1043.91 362.99 2313.66
25 August 2010 906.28 1055.46 339.28 2301.02
1 September 2010 909.87 1015.10 377.02 2302.00
8 September 2010 913.69 1054.52 337.59 2305.80
15 September 2010 911.26 936.72 448.10 2296.08
22 September 2010 910.62 984.61 411.94 2307.17
29 September 2010 913.76 986.26 398.67 2298.69
6 October 2010 918.61 1002.13 387.35 2308.09
13 October 2010 922.58 1033.88 353.42 2309.88
20 October 2010 921.38 1000.15 383.70 2305.23
27 October 2010 922.33 1015.72 357.35 2295.39
3 November 2010 927.73 987.84 384.79 2300.35
10 November 2010 933.75 1006.82 372.20 2312.77
17 November 2010 932.38 988.87 393.51 2314.76
24 November 2010 937.34 1027.83 380.83 2346.00
1 December 2010 936.39 1010.84 399.69 2346.92
8 December 2010 937.53 1066.37 378.40 2382.29
15 December 2010 938.44 1002.17 445.15 2385.75
22 December 2010 942.42 1040.64 444.86 2427.92
29 December 2010 943.75 1025.84 450.98 2420.57
5 January 2011 940.31 1033.17 462.59 2436.06
12 January 2011 936.96 1097.84 433.33 2468.13
19 January 2011 937.40 1063.96 423.80 2425.16
26 January 2011 935.34 1086.33 421.86 2443.53
2 February 2011 941.62 1081.32 446.48 2469.42
9 February 2011 947.26 1189.25 363.97 2500.48
16 February 2011 951.43 1225.13 332.31 2508.87
23 February 2011 956.01 1297.90 279.30 2533.22
2 March 2011 957.71 1303.78 283.63 2545.12
9 March 2011 959.95 1386.41 230.71 2577.08
16 March 2011 961.87 1336.62 284.56 2583.05
23 March 2011 962.52 1410.47 228.35 2601.34
30 March 2011 963.99 1458.16 200.37 2622.52
6 April 2011 968.05 1505.14 175.49 2648.68
13 April 2011 969.78 1539.27 156.35 2665.41
20 April 2011 970.58 1470.40 244.80 2685.78
27 April 2011 972.35 1457.27 261.36 2690.98
4 May 2011 975.72 1480.56 262.47 2718.76
11 May 2011 976.79 1546.65 221.06 2744.50
18 May 2011 976.33 1538.70 242.98 2758.01
25 May 2011 979.16 1592.09 203.75 2775.00
1 June 2011 984.20 1593.13 211.39 2788.72
8 June 2011 983.09 1668.05 160.06 2811.21
15 June 2011 982.36 1574.32 270.87 2827.55
22 June 2011 981.75 1602.05 272.60 2856.40
29 June 2011 985.79 1627.48 251.98 2865.25
6 July 2011 990.86 1663.02 216.22 2870.10
13 July 2011 988.29 1687.51 202.27 2878.07
20 July 2011 987.62 1627.20 256.48 2871.30
27 July 2011 989.02 1658.32 216.24 2863.58
3 August 2011 993.06 1652.95 221.20 2867.21
10 August 2011 992.79 1633.15 246.48 2872.42
17 August 2011 992.38 1652.25 213.28 2857.91
24 August 2011 991.61 1615.13 252.69 2859.43
31 August 2011 996.06 1592.00 265.84 2853.89
7 September 2011 1001.53 1610.24 246.90 2858.66
14 September 2011 998.15 1620.66 244.73 2863.54
21 September 2011 995.06 1549.46 313.23 2857.75
28 September 2011 996.32 1614.07 240.53 2850.92
5 October 2011 1000.67 1631.67 227.36 2859.70
12 October 2011 1003.32 1640.47 217.03 2860.82
19 October 2011 1001.15 1576.76 274.47 2852.39
26 October 2011 1001.57 1588.04 256.07 2845.68
2 November 2011 1008.44 1521.76 291.83 2822.03
9 November 2011 1015.19 1593.64 230.96 2839.79
16 November 2011 1016.37 1577.57 237.64 2831.58
23 November 2011 1020.75 1496.88 304.34 2821.98
30 November 2011 1020.45 1492.31 301.48 2814.23
7 December 2011 1022.09 1555.04 243.56 2820.69
14 December 2011 1024.63 1620.22 257.64 2902.49
21 December 2011 1028.52 1506.56 381.01 2916.09
28 December 2011 1034.52 1569.27 322.31 2926.09
4 January 2012 1032.53 1581.55 303.61 2917.69
11 January 2012 1026.59 1584.78 287.79 2899.15
18 January 2012 1026.12 1548.54 344.76 2919.42
25 January 2012 1024.68 1582.32 312.55 2919.55
1 February 2012 1028.91 1577.03 319.01 2924.95
8 February 2012 1036.97 1636.81 254.49 2928.27
15 February 2012 1044.26 1673.84 219.80 2937.89
22 February 2012 1048.00 1622.80 262.01 2932.81
29 February 2012 1049.88 1607.11 268.74 2925.72
7 March 2012 1053.26 1604.06 227.43 2884.75
14 March 2012 1055.15 1566.19 272.22 2893.56
21 March 2012 1055.47 1544.63 292.54 2892.65
28 March 2012 1056.42 1568.04 253.68 2878.14
4 April 2012 1059.52 1565.41 240.55 2865.48
11 April 2012 1059.84 1571.86 235.50 2867.20
18 April 2012 1058.55 1518.36 298.56 2875.47
25 April 2012 1058.31 1526.32 281.93 2866.56
2 May 2012 1060.63 1483.14 320.50 2864.28
9 May 2012 1062.15 1510.34 291.66 2864.15
16 May 2012 1061.64 1515.70 273.64 2850.98
23 May 2012 1063.77 1529.20 266.52 2859.50
30 May 2012 1068.15 1529.14 245.36 2842.65
6 June 2012 1067.82 1549.91 234.28 2852.02
13 June 2012 1067.22 1569.72 232.13 2869.07
20 June 2012 1066.76 1461.72 342.37 2870.85
27 June 2012 1067.92 1491.99 303.64 2863.55
4 July 2012 1075.91 1507.95 282.00 2865.86
11 July 2012 1073.73 1527.56 264.99 2866.28
18 July 2012 1070.22 1537.29 248.30 2855.81
25 July 2012 1069.71 1570.91 206.14 2846.76
1 August 2012 1072.59 1544.04 234.49 2851.12
8 August 2012 1074.52 1563.26 218.40 2856.18
15 August 2012 1075.22 1566.53 191.57 2833.32
22 August 2012 1075.75 1509.85 240.06 2825.66
29 August 2012 1081.17 1531.19 200.45 2812.81
5 September 2012 1086.61 1528.38 207.18 2822.17
12 September 2012 1083.84 1502.90 236.72 2823.45
19 September 2012 1083.31 1423.68 314.59 2821.57
26 September 2012 1085.81 1473.58 245.07 2804.46
3 October 2012 1091.28 1467.67 249.57 2808.51
10 October 2012 1094.79 1472.83 244.00 2811.62
17 October 2012 1093.84 1506.25 246.83 2846.92
24 October 2012 1092.84 1433.24 314.88 2840.96
31 October 2012 1099.57 1434.40 289.16 2823.14
7 November 2012 1104.77 1511.30 214.73 2830.79
14 November 2012 1106.92 1509.83 260.50 2877.24
21 November 2012 1111.19 1515.96 244.01 2871.16
28 November 2012 1110.45 1542.56 198.35 2851.36
5 December 2012 1112.32 1526.98 220.50 2859.81
12 December 2012 1113.53 1548.23 255.50 2917.26
19 December 2012 1117.46 1482.70 320.07 2920.23
26 December 2012 1124.58 1532.69 250.04 2907.30
2 January 2013 1126.86 1508.67 281.66 2917.19
9 January 2013 1118.35 1565.50 244.88 2928.73
16 January 2013 1112.82 1604.29 246.71 2963.81
23 January 2013 1113.88 1599.36 298.46 3011.70
30 January 2013 1113.86 1648.03 246.81 3008.70
6 February 2013 1118.59 1670.75 225.63 3014.98
13 February 2013 1123.00 1699.72 251.51 3074.23
20 February 2013 1127.72 1668.38 299.04 3095.15
27 February 2013 1128.86 1754.36 207.38 3090.60
6 March 2013 1132.65 1745.31 230.84 3108.81
13 March 2013 1133.30 1802.59 229.51 3165.40
20 March 2013 1132.56 1759.27 315.06 3206.89
27 March 2013 1135.09 1832.66 234.50 3202.26
3 April 2013 1136.94 1840.87 237.62 3215.43
10 April 2013 1137.09 1854.41 236.27 3227.76
17 April 2013 1136.35 1849.23 309.53 3295.11
24 April 2013 1137.60 1749.49 431.56 3318.65
1 May 2013 1139.97 1813.60 363.62 3317.19
8 May 2013 1142.53 1869.66 312.42 3324.62
15 May 2013 1143.32 1952.30 258.65 3354.27
22 May 2013 1145.26 1975.18 278.28 3398.71
29 May 2013 1149.34 2033.09 202.71 3385.13
5 June 2013 1147.52 2036.75 215.91 3400.18
12 June 2013 1146.60 2051.22 213.02 3410.84
19 June 2013 1146.88 1938.89 384.76 3470.53
26 June 2013 1150.33 2017.73 310.61 3478.67
3 July 2013 1159.06 2051.98 281.70 3492.74
10 July 2013 1156.86 2083.05 264.19 3504.10
17 July 2013 1152.59 2140.44 244.83 3537.86
24 July 2013 1151.99 2111.24 311.35 3574.57
31 July 2013 1154.32 2132.76 284.72 3571.80
7 August 2013 1156.92 2172.90 255.55 3585.36
14 August 2013 1156.36 2210.77 279.19 3646.32
21 August 2013 1156.38 2200.19 289.10 3645.67
28 August 2013 1160.51 2264.58 219.37 3644.46
4 September 2013 1166.70 2274.20 213.29 3654.18
11 September 2013 1163.47 2275.64 222.92 3662.03
18 September 2013 1161.85 2265.69 294.65 3722.19
25 September 2013 1162.80 2318.67 252.54 3734.02
2 October 2013 1166.48 2340.82 240.09 3747.39
9 October 2013 1170.91 2374.56 213.19 3758.66
16 October 2013 1173.13 2383.43 257.04 3813.60
23 October 2013 1173.97 2382.59 282.47 3839.03
30 October 2013 1175.55 2434.95 232.90 3843.40
6 November 2013 1177.48 2450.03 224.11 3851.62
13 November 2013 1178.74 2489.02 239.66 3907.42
20 November 2013 1176.94 2470.18 259.50 3906.62
27 November 2013 1183.99 2501.92 239.97 3925.88
4 December 2013 1185.26 2524.16 223.21 3932.63
11 December 2013 1186.44 2554.25 253.26 3993.95
18 December 2013 1189.18 2479.46 339.42 4008.06
25 December 2013 1195.20 2450.73 386.64 4032.58
1 January 2014 1197.92 2249.07 576.65 4023.64
8 January 2014 1190.76 2490.13 347.29 4028.18
15 January 2014 1183.54 2560.08 327.91 4071.53
22 January 2014 1182.67 2507.55 407.69 4097.91
29 January 2014 1183.14 2538.60 380.40 4102.14
5 February 2014 1187.15 2559.72 362.41 4109.28
12 February 2014 1191.69 2614.61 313.17 4119.47
19 February 2014 1202.56 2610.62 336.04 4149.22
26 February 2014 1207.57 2610.54 341.86 4159.97
5 March 2014 1215.07 2659.07 297.62 4171.76
12 March 2014 1218.57 2676.23 286.56 4181.36
19 March 2014 1223.18 2629.18 369.72 4222.08
26 March 2014 1224.80 2626.58 375.59 4226.97
2 April 2014 1226.95 2626.02 383.47 4236.44
9 April 2014 1227.77 2697.89 318.53 4244.19
16 April 2014 1227.49 2670.80 385.67 4283.97
23 April 2014 1227.12 2583.72 485.51 4296.34
30 April 2014 1228.71 2514.44 552.90 4296.05
7 May 2014 1231.36 2597.05 474.73 4303.14
14 May 2014 1232.06 2647.63 456.96 4336.65
21 May 2014 1233.59 2658.13 435.84 4327.56
28 May 2014 1237.98 2704.87 379.80 4322.65
4 June 2014 1237.06 2750.97 342.89 4330.92
11 June 2014 1236.06 2768.34 336.50 4340.90
18 June 2014 1235.77 2715.35 417.04 4368.17
25 June 2014 1236.20 2720.75 411.39 4368.35
2 July 2014 1243.67 2697.20 436.16 4377.03
9 July 2014 1244.20 2757.94 381.26 4383.40
16 July 2014 1241.29 2807.01 349.90 4398.20
23 July 2014 1240.23 2788.00 382.52 4410.75
30 July 2014 1241.97 2785.80 378.87 4406.64
6 August 2014 1244.47 2789.41 376.24 4410.11
13 August 2014 1244.87 2799.35 387.70 4431.92
20 August 2014 1243.75 2769.84 399.33 4412.92
27 August 2014 1246.22 2778.39 389.12 4413.74
3 September 2014 1250.07 2813.75 351.77 4415.59
10 September 2014 1247.98 2788.95 384.47 4421.41
17 September 2014 1244.96 2751.91 452.72 4449.59
24 September 2014 1245.12 2707.19 506.75 4459.05
1 October 2014 1246.84 2685.95 517.47 4450.26
8 October 2014 1249.64 2765.62 440.14 4455.40
15 October 2014 1252.22 2820.74 401.41 4474.36
22 October 2014 1252.92 2789.64 439.06 4481.62
29 October 2014 1255.07 2799.13 432.55 4486.75
5 November 2014 1262.99 2819.36 404.24 4486.58
12 November 2014 1268.94 2832.80 387.15 4488.90
19 November 2014 1267.71 2794.04 431.01 4492.76
26 November 2014 1273.19 2814.01 398.73 4485.93
3 December 2014 1274.49 2814.17 397.54 4486.19
10 December 2014 1277.42 2831.09 380.36 4488.87
17 December 2014 1282.56 2739.11 480.58 4502.25
24 December 2014 1294.25 2609.63 605.58 4509.46
31 December 2014 1298.73 2378.00 820.94 4497.66
7 January 2015 1293.70 2710.27 495.55 4499.52
14 January 2015 1286.58 2760.38 469.11 4516.08
21 January 2015 1286.57 2671.70 554.66 4512.94
28 January 2015 1285.82 2662.58 551.67 4500.06
4 February 2015 1290.77 2708.81 500.77 4500.35
11 February 2015 1298.11 2746.30 457.28 4501.69
18 February 2015 1304.19 2742.82 449.84 4496.85
25 February 2015 1306.85 2751.15 428.73 4486.72
4 March 2015 1310.42 2770.74 406.42 4487.58
11 March 2015 1311.67 2799.92 377.68 4489.28
18 March 2015 1311.85 2726.32 457.72 4495.89
25 March 2015 1312.91 2737.80 429.89 4480.60
1 April 2015 1315.26 2667.66 498.88 4481.80
8 April 2015 1318.71 2792.91 371.80 4483.42
15 April 2015 1317.08 2748.95 419.33 4485.37
22 April 2015 1315.04 2617.38 557.28 4489.70
29 April 2015 1315.98 2581.07 574.45 4471.50
6 May 2015 1319.63 2610.06 543.02 4472.70
13 May 2015 1320.02 2643.84 537.32 4501.19
20 May 2015 1321.44 2588.15 570.80 4480.38
27 May 2015 1324.88 2616.84 522.26 4463.98
3 June 2015 1323.78 2635.75 505.83 4465.36
10 June 2015 1322.05 2661.66 484.29 4468.00
17 June 2015 1320.36 2575.51 591.95 4487.82
24 June 2015 1320.47 2493.53 681.05 4495.05
1 July 2015 1325.15 2504.53 649.45 4479.13
8 July 2015 1326.79 2585.34 569.15 4481.29
15 July 2015 1325.70 2655.15 512.76 4493.61
22 July 2015 1325.71 2645.46 529.33 4500.50
29 July 2015 1327.71 2632.83 524.94 4485.48
5 August 2015 1330.07 2624.01 532.25 4486.33
12 August 2015 1331.79 2621.86 535.61 4489.25
19 August 2015 1331.40 2676.85 478.96 4487.21
26 August 2015 1333.21 2705.16 436.73 4475.11
2 September 2015 1337.30 2694.82 443.77 4475.89
9 September 2015 1342.14 2734.65 401.42 4478.21
16 September 2015 1339.72 2643.76 504.32 4487.81
23 September 2015 1339.84 2602.20 555.45 4497.48
30 September 2015 1342.39 2197.66 944.06 4484.11
7 October 2015 1345.84 2678.79 461.55 4486.18
14 October 2015 1347.75 2719.98 436.97 4504.70
21 October 2015 1347.01 2675.59 478.77 4501.37
28 October 2015 1349.74 2668.19 471.41 4489.34
4 November 2015 1355.85 2689.85 444.00 4489.70
11 November 2015 1360.33 2659.34 472.34 4492.01
18 November 2015 1359.95 2611.97 514.81 4486.72
25 November 2015 1365.31 2574.96 536.82 4477.09
2 December 2015 1366.60 2532.19 579.28 4478.07
9 December 2015 1367.34 2553.85 559.25 4480.44
16 December 2015 1368.99 2460.05 660.55 4489.59
23 December 2015 1376.35 2371.08 749.09 4496.52
30 December 2015 1380.76 2208.68 897.14 4486.59
6 January 2016 1376.50 2353.50 756.60 4486.61
13 January 2016 1370.22 2450.83 680.64 4501.70
20 January 2016 1369.05 2412.08 707.71 4488.84
27 January 2016 1368.19 2399.27 714.90 4482.35
3 February 2016 1370.25 2441.28 671.96 4483.49
10 February 2016 1373.93 2483.14 629.21 4486.28
17 February 2016 1382.64 2490.02 610.96 4483.63
24 February 2016 1385.08 2489.95 614.76 4489.80
2 March 2016 1387.97 2496.58 593.93 4478.49
9 March 2016 1391.87 2533.23 555.98 4481.08
16 March 2016 1393.95 2455.52 636.86 4486.33
23 March 2016 1395.80 2431.83 665.24 4492.86
30 March 2016 1397.64 2336.09 749.11 4482.84
6 April 2016 1400.04 2467.09 616.94 4484.07
13 April 2016 1399.28 2509.84 590.61 4499.73
20 April 2016 1399.87 2404.66 685.60 4490.13
27 April 2016 1402.60 2353.26 718.81 4474.67
4 May 2016 1405.51 2383.37 688.39 4477.27
11 May 2016 1406.82 2409.77 661.83 4478.41
18 May 2016 1406.58 2399.63 667.53 4473.74
25 May 2016 1408.49 2406.81 645.82 4461.11
1 June 2016 1413.56 2400.97 646.87 4461.39
8 June 2016 1412.46 2448.82 602.27 4463.54
15 June 2016 1411.28 2404.90 656.63 4472.82
22 June 2016 1411.17 2318.59 752.24 4482.01
29 June 2016 1416.75 2199.12 850.61 4466.48
6 July 2016 1420.86 2308.28 741.46 4470.60
13 July 2016 1418.59 2327.30 726.31 4472.20
20 July 2016 1416.60 2318.25 746.12 4480.97
27 July 2016 1416.58 2332.24 715.68 4464.50
3 August 2016 1418.93 2403.06 644.79 4466.79
10 August 2016 1419.38 2382.78 666.77 4468.93
17 August 2016 1418.60 2394.47 653.41 4466.48
24 August 2016 1419.07 2341.22 713.55 4473.84
31 August 2016 1422.62 2230.61 804.68 4457.91
7 September 2016 1427.44 2382.03 649.93 4459.39
14 September 2016 1424.42 2349.29 707.93 4481.64
21 September 2016 1422.49 2170.32 880.23 4473.03
28 September 2016 1423.92 2085.24 942.84 4452.00
5 October 2016 1429.02 2063.38 967.01 4459.41
12 October 2016 1432.67 2162.09 862.95 4457.70
19 October 2016 1430.69 2105.81 930.88 4467.38
26 October 2016 1431.38 2113.62 909.32 4454.33
2 November 2016 1438.34 2137.21 877.54 4453.09
9 November 2016 1443.38 2190.08 821.62 4455.09
16 November 2016 1444.55 2177.58 831.50 4453.63
23 November 2016 1448.36 2103.18 914.24 4465.78
30 November 2016 1448.63 2015.31 982.36 4446.31
7 December 2016 1450.91 2133.60 864.11 4448.62
14 December 2016 1452.10 2123.56 895.32 4470.97
21 December 2016 1456.50 1962.77 1049.82 4469.09
28 December 2016 1462.57 1942.98 1045.89 4451.45
4 January 2017 1462.56 1998.17 992.37 4453.10
11 January 2017 1457.60 2110.93 883.98 4452.51
18 January 2017 1456.78 2118.82 885.16 4460.76
25 January 2017 1452.88 2137.01 862.95 4452.84
1 February 2017 1453.72 2172.09 828.07 4453.88
8 February 2017 1458.90 2237.46 759.88 4456.24

Note: Data values are rounded and may not sum to totals. "Capital and other liabilities" includes reverse repurchase agreements, the U.S. Treasury General Account, and the U.S. Treasury Supplementary Financing Account. The data extend through February 8, 2017.

Source: Federal Reserve Board, Statistical Release H.4.1, "Factors Affecting Reserve Balances."

Return to text

Financial Stability

Figure 1. Forward price-to-earnings ratio, 1983-2016

Monthly
Ratio (log scale)

Period S&P 500 firms Small-cap 2000 firms
February 1983 9.54 ND
March 1983 8.32 ND
April 1983 8.50 ND
May 1983 8.79 ND
June 1983 8.88 ND
July 1983 8.60 ND
August 1983 8.26 ND
September 1983 8.11 ND
October 1983 7.82 ND
November 1983 7.51 ND
December 1983 7.21 ND
January 1984 7.43 ND
February 1984 7.14 ND
March 1984 6.78 ND
April 1984 6.67 ND
May 1984 6.63 ND
June 1984 6.46 ND
July 1984 6.39 ND
August 1984 6.85 ND
September 1984 7.09 ND
October 1984 7.86 8.84
November 1984 8.01 8.77
December 1984 8.10 8.83
January 1985 8.26 9.32
February 1985 9.15 10.90
March 1985 8.67 11.55
April 1985 8.93 10.50
May 1985 9.12 10.49
June 1985 9.21 10.41
July 1985 9.72 11.07
August 1985 9.32 11.05
September 1985 9.04 10.98
October 1985 9.17 11.13
November 1985 9.84 11.21
December 1985 10.47 11.86
January 1986 10.16 12.37
February 1986 10.80 13.35
March 1986 11.78 14.66
April 1986 12.19 14.45
May 1986 12.03 14.48
June 1986 12.37 14.05
July 1986 11.81 13.21
August 1986 12.36 13.16
September 1986 11.65 12.05
October 1986 11.67 12.00
November 1986 11.85 12.11
December 1986 12.23 11.93
January 1987 12.89 13.41
February 1987 13.96 14.60
March 1987 14.13 15.16
April 1987 13.27 14.03
May 1987 13.69 13.33
June 1987 13.96 13.10
July 1987 14.26 13.50
August 1987 14.81 13.20
September 1987 13.84 12.87
October 1987 13.21 12.05
November 1987 10.50 8.75
December 1987 10.54 8.51
January 1988 10.33 9.42
February 1988 10.89 9.85
March 1988 11.05 11.41
April 1988 10.98 11.53
May 1988 9.88 10.51
June 1988 10.66 10.57
July 1988 10.33 10.90
August 1988 9.78 10.40
September 1988 9.99 10.51
October 1988 10.12 10.31
November 1988 9.47 9.86
December 1988 9.81 9.81
January 1989 10.06 10.46
February 1989 10.14 11.12
March 1989 10.12 11.41
April 1989 10.43 11.12
May 1989 10.73 10.96
June 1989 10.85 11.15
July 1989 11.24 11.09
August 1989 11.56 11.30
September 1989 11.51 11.46
October 1989 11.47 11.05
November 1989 11.52 10.64
December 1989 11.88 10.68
January 1990 11.53 10.43
February 1990 11.32 10.23
March 1990 11.49 10.84
April 1990 11.65 10.71
May 1990 12.07 10.79
June 1990 12.38 11.11
July 1990 12.39 10.85
August 1990 11.50 9.51
September 1990 10.79 8.96
October 1990 10.30 7.80
November 1990 11.18 8.01
December 1990 11.66 8.70
January 1991 11.25 8.53
February 1991 13.43 10.71
March 1991 13.77 12.03
April 1991 14.45 12.51
May 1991 13.64 12.07
June 1991 13.90 11.96
July 1991 14.15 12.13
August 1991 14.40 12.28
September 1991 14.21 11.84
October 1991 14.31 12.50
November 1991 14.45 12.45
December 1991 14.01 11.81
January 1992 15.37 13.59
February 1992 15.00 15.59
March 1992 14.85 15.36
April 1992 14.81 14.37
May 1992 14.70 13.74
June 1992 14.02 12.64
July 1992 14.43 12.52
August 1992 14.45 13.00
September 1992 14.41 13.31
October 1992 14.00 12.90
November 1992 14.52 13.97
December 1992 14.70 13.88
January 1993 14.62 14.41
February 1993 14.66 14.82
March 1993 15.01 15.39
April 1993 15.04 14.55
May 1993 14.72 13.90
June 1993 14.64 14.04
July 1993 14.64 14.21
August 1993 14.77 14.45
September 1993 14.81 14.43
October 1993 14.65 14.78
November 1993 14.68 14.58
December 1993 14.49 14.31
January 1994 14.76 14.77
February 1994 14.62 15.04
March 1994 14.35 15.29
April 1994 13.47 13.96
May 1994 13.43 13.36
June 1994 13.48 13.29
July 1994 13.01 13.14
August 1994 13.22 13.25
September 1994 13.12 13.61
October 1994 12.94 13.37
November 1994 12.57 13.16
December 1994 12.11 12.30
January 1995 12.33 12.90
February 1995 12.49 13.34
March 1995 12.51 13.18
April 1995 12.67 13.03
May 1995 12.92 13.15
June 1995 13.07 13.44
July 1995 13.32 13.83
August 1995 13.37 14.58
September 1995 13.68 15.05
October 1995 13.78 14.24
November 1995 13.82 13.98
December 1995 14.34 14.00
January 1996 14.03 13.71
February 1996 15.24 14.93
March 1996 14.82 15.07
April 1996 14.80 15.72
May 1996 15.21 16.74
June 1996 14.72 16.19
July 1996 14.42 14.72
August 1996 14.94 15.24
September 1996 15.27 15.92
October 1996 15.64 16.32
November 1996 16.09 15.61
December 1996 15.87 16.32
January 1997 16.48 16.67
February 1997 17.36 17.12
March 1997 16.63 15.81
April 1997 16.00 15.06
May 1997 17.36 15.83
June 1997 18.35 16.64
July 1997 19.23 17.75
August 1997 18.68 17.71
September 1997 18.92 18.92
October 1997 19.20 19.40
November 1997 18.60 17.68
December 1997 18.87 16.79
January 1998 18.66 16.87
February 1998 20.36 18.65
March 1998 21.42 19.12
April 1998 21.90 19.38
May 1998 21.69 18.42
June 1998 21.42 16.94
July 1998 22.77 17.50
August 1998 21.16 15.41
September 1998 20.01 13.67
October 1998 19.28 12.46
November 1998 22.02 15.08
December 1998 22.30 14.61
January 1999 23.71 15.61
February 1999 23.53 14.54
March 1999 24.73 14.50
April 1999 24.96 14.37
May 1999 24.74 15.06
June 1999 24.30 15.14
July 1999 25.43 16.45
August 1999 23.91 15.87
September 1999 23.47 15.24
October 1999 22.55 14.88
November 1999 24.50 15.31
December 1999 24.42 15.23
January 2000 24.85 16.26
February 2000 24.03 16.14
March 2000 23.73 16.66
April 2000 23.91 16.03
May 2000 23.88 17.13
June 2000 24.10 16.60
July 2000 24.09 16.80
August 2000 23.86 16.91
September 2000 23.85 17.55
October 2000 21.44 15.42
November 2000 22.24 16.77
December 2000 22.10 15.88
January 2001 21.98 17.16
February 2001 22.07 18.36
March 2001 19.71 17.05
April 2001 21.41 17.56
May 2001 22.23 19.68
June 2001 21.67 19.61
July 2001 21.61 20.43
August 2001 21.17 20.97
September 2001 18.42 17.28
October 2001 20.37 19.57
November 2001 21.49 21.55
December 2001 21.57 22.70
January 2002 21.00 22.98
February 2002 20.47 22.86
March 2002 20.75 23.90
April 2002 20.17 23.48
May 2002 19.40 23.03
June 2002 18.11 19.52
July 2002 16.15 17.92
August 2002 16.60 17.05
September 2002 15.72 16.70
October 2002 15.77 15.40
November 2002 16.01 16.64
December 2002 16.12 16.84
January 2003 16.48 16.80
February 2003 15.33 15.52
March 2003 15.70 15.43
April 2003 15.67 15.82
May 2003 16.55 17.40
June 2003 17.68 19.33
July 2003 17.27 20.18
August 2003 16.94 19.82
September 2003 17.41 20.76
October 2003 17.50 20.93
November 2003 17.10 20.71
December 2003 17.43 20.60
January 2004 18.10 22.11
February 2004 18.09 22.42
March 2004 17.40 21.24
April 2004 17.10 20.80
May 2004 15.97 18.46
June 2004 16.41 19.33
July 2004 15.92 18.68
August 2004 15.51 17.95
September 2004 15.77 18.52
October 2004 15.49 18.43
November 2004 16.17 19.97
December 2004 16.32 20.41
January 2005 15.95 19.43
February 2005 16.17 20.03
March 2005 15.64 19.36
April 2005 15.30 18.57
May 2005 15.27 18.67
June 2005 15.41 19.28
July 2005 15.41 20.12
August 2005 15.14 19.57
September 2005 14.95 19.69
October 2005 14.33 18.69
November 2005 14.61 18.39
December 2005 14.98 19.26
January 2006 14.90 19.31
February 2006 14.93 20.09
March 2006 15.06 20.38
April 2006 14.99 21.30
May 2006 14.29 19.26
June 2006 13.69 17.63
July 2006 13.90 17.97
August 2006 14.13 17.92
September 2006 14.26 18.36
October 2006 14.65 18.76
November 2006 14.81 19.61
December 2006 14.83 19.24
January 2007 15.01 19.29
February 2007 15.39 20.01
March 2007 14.56 19.04
April 2007 15.31 20.10
May 2007 15.51 19.63
June 2007 15.30 19.73
July 2007 15.41 20.12
August 2007 13.87 17.95
September 2007 15.01 19.13
October 2007 15.01 19.15
November 2007 14.32 18.03
December 2007 14.20 17.26
January 2008 13.49 16.06
February 2008 13.67 17.20
March 2008 13.09 15.82
April 2008 13.80 16.54
May 2008 14.30 17.29
June 2008 13.51 17.10
July 2008 12.60 16.03
August 2008 13.29 17.46
September 2008 12.01 15.63
October 2008 9.93 12.32
November 2008 9.74 11.44
December 2008 11.87 13.95
January 2009 11.48 13.65
February 2009 12.46 14.79
March 2009 12.42 16.01
April 2009 13.51 18.18
May 2009 14.66 19.15
June 2009 14.73 20.18
July 2009 14.80 20.77
August 2009 15.20 21.54
September 2009 15.91 22.12
October 2009 15.85 21.77
November 2009 15.12 19.32
December 2009 14.89 18.87
January 2010 14.80 19.74
February 2010 13.81 18.89
March 2010 14.44 20.08
April 2010 14.83 20.39
May 2010 12.99 18.69
June 2010 12.82 17.31
July 2010 12.49 16.94
August 2010 12.10 16.29
September 2010 12.36 16.26
October 2010 12.84 17.15
November 2010 12.57 16.94
December 2010 13.03 17.93
January 2011 13.21 17.87
February 2011 13.70 18.80
March 2011 12.61 17.50
April 2011 12.97 18.11
May 2011 12.90 17.95
June 2011 12.07 16.72
July 2011 12.64 17.55
August 2011 11.28 15.12
September 2011 11.24 14.69
October 2011 11.50 14.60
November 2011 11.68 15.20
December 2011 11.40 14.62
January 2012 12.33 15.78
February 2012 12.63 16.45
March 2012 12.96 16.71
April 2012 12.66 16.11
May 2012 12.01 15.20
June 2012 11.89 14.64
July 2012 12.59 15.65
August 2012 12.92 15.99
September 2012 13.34 16.55
October 2012 13.21 16.11
November 2012 12.19 15.00
December 2012 12.86 16.18
January 2013 13.12 16.46
February 2013 13.53 17.60
March 2013 13.72 18.06
April 2013 13.59 16.85
May 2013 14.48 18.36
June 2013 14.10 18.11
July 2013 14.51 19.18
August 2013 14.58 18.87
September 2013 14.84 19.00
October 2013 14.71 18.98
November 2013 15.03 19.73
December 2013 15.20 19.86
January 2014 15.42 20.25
February 2014 15.44 19.88
March 2014 15.60 20.80
April 2014 15.49 19.63
May 2014 15.45 19.06
June 2014 15.83 20.05
July 2014 15.97 19.33
August 2014 15.54 18.95
September 2014 15.89 19.11
October 2014 14.75 17.58
November 2014 16.19 18.81
December 2014 16.11 18.63
January 2015 16.22 18.70
February 2015 17.35 19.93
March 2015 17.27 20.42
April 2015 17.28 20.99
May 2015 17.09 19.98
June 2015 16.96 20.58
July 2015 16.98 20.28
August 2015 16.75 19.24
September 2015 16.09 18.62
October 2015 16.14 18.21
November 2015 16.80 18.79
December 2015 16.69 18.08
January 2016 15.32 16.38
February 2016 15.91 16.82
March 2016 16.69 18.11
April 2016 17.07 18.88
May 2016 16.65 18.17
June 2016 16.68 18.73
July 2016 17.32 19.63
August 2016 17.46 19.58
September 2016 16.85 19.30
October 2016 16.81 19.35
November 2016 16.88 20.86
December 2016 17.26 21.61

Note: The data extend through December 2016. The data for small-cap 2000 firms start in October 1984. Based on expected earnings for 12 months ahead. Historical median for S&P 500 firms: 14.56. Historical median for small-cap 2000 firms: 16.18.

Source: Staff calculations using data from Thomson Reuters IBES.

Return to text

Figure 2. Implied volatility index and BBD economic policy uncertainty index, 2000-16

Monthly average

Period Implied volatility index (VIX) (Percent) BBD index
January 2000 23.03 88.99
February 2000 23.71 73.37
March 2000 22.65 73.30
April 2000 26.99 70.60
May 2000 26.31 118.14
June 2000 21.51 109.58
July 2000 19.89 86.66
August 2000 18.09 58.91
September 2000 19.66 73.55
October 2000 25.34 89.91
November 2000 26.44 166.18
December 2000 26.59 149.45
January 2001 24.90 142.61
February 2001 23.41 128.63
March 2001 28.61 137.37
April 2001 28.09 148.76
May 2001 22.84 117.44
June 2001 20.84 93.46
July 2001 22.32 120.29
August 2001 21.83 95.40
September 2001 33.84 272.76
October 2001 32.74 247.29
November 2001 26.57 172.49
December 2001 23.67 149.71
January 2002 22.31 148.45
February 2002 22.85 104.61
March 2002 18.90 97.51
April 2002 19.96 106.16
May 2002 20.04 98.64
June 2002 25.36 111.15
July 2002 34.15 139.66
August 2002 33.69 136.12
September 2002 37.65 149.85
October 2002 35.24 128.97
November 2002 28.03 162.22
December 2002 28.16 160.41
January 2003 27.40 185.59
February 2003 32.24 161.76
March 2003 30.63 224.65
April 2003 23.88 176.58
May 2003 20.22 122.31
June 2003 20.34 110.70
July 2003 19.17 103.75
August 2003 19.25 91.71
September 2003 19.61 109.55
October 2003 18.02 78.59
November 2003 17.32 78.70
December 2003 16.82 90.34
January 2004 16.20 88.28
February 2004 15.90 88.90
March 2004 17.84 84.33
April 2004 15.71 79.73
May 2004 17.60 97.21
June 2004 15.34 85.27
July 2004 15.48 88.96
August 2004 16.75 84.45
September 2004 14.10 108.51
October 2004 14.97 118.34
November 2004 13.37 96.70
December 2004 12.41 66.53
January 2005 13.39 66.73
February 2005 11.70 51.70
March 2005 13.14 49.31
April 2005 14.49 78.40
May 2005 13.83 75.09
June 2005 11.87 82.01
July 2005 11.11 71.94
August 2005 12.99 59.62
September 2005 12.67 105.77
October 2005 14.80 79.83
November 2005 12.09 60.07
December 2005 11.37 70.03
January 2006 12.00 75.08
February 2006 12.45 69.49
March 2006 11.94 55.01
April 2006 11.91 81.65
May 2006 14.51 67.81
June 2006 16.92 82.59
July 2006 15.22 84.47
August 2006 13.35 71.52
September 2006 12.19 61.75
October 2006 11.25 55.63
November 2006 10.79 49.60
December 2006 11.01 51.04
January 2007 11.03 74.51
February 2007 11.10 50.86
March 2007 15.14 72.53
April 2007 12.87 59.84
May 2007 13.30 71.14
June 2007 14.91 68.76
July 2007 17.26 44.78
August 2007 25.05 90.01
September 2007 22.05 109.89
October 2007 19.17 90.64
November 2007 25.64 106.57
December 2007 21.50 116.99
January 2008 25.73 177.04
February 2008 25.57 108.31
March 2008 27.33 114.47
April 2008 21.56 98.20
May 2008 18.42 88.67
June 2008 22.22 89.14
July 2008 24.34 115.10
August 2008 20.69 81.16
September 2008 30.24 238.17
October 2008 61.12 241.77
November 2008 62.85 162.71
December 2008 51.48 157.83
January 2009 44.58 184.82
February 2009 45.86 202.55
March 2009 44.38 167.99
April 2009 37.99 107.93
May 2009 31.92 125.94
June 2009 29.10 112.47
July 2009 26.24 104.36
August 2009 25.34 111.17
September 2009 25.05 99.01
October 2009 24.49 86.24
November 2009 23.39 99.78
December 2009 21.35 108.40
January 2010 20.65 136.86
February 2010 22.38 116.72
March 2010 17.70 124.69
April 2010 17.43 123.70
May 2010 31.94 147.76
June 2010 29.92 129.73
July 2010 25.61 196.95
August 2010 24.88 127.23
September 2010 22.46 186.74
October 2010 20.44 154.76
November 2010 19.99 175.04
December 2010 17.52 151.55
January 2011 17.23 111.49
February 2011 17.38 104.56
March 2011 20.72 153.84
April 2011 16.16 124.85
May 2011 16.91 84.55
June 2011 19.15 139.04
July 2011 19.28 207.16
August 2011 35.55 283.67
September 2011 36.41 214.43
October 2011 32.83 137.84
November 2011 32.03 143.71
December 2011 24.79 183.09
January 2012 20.26 154.42
February 2012 18.39 119.44
March 2012 16.15 98.75
April 2012 17.88 96.97
May 2012 21.03 135.88
June 2012 20.93 197.46
July 2012 17.56 180.80
August 2012 15.69 142.96
September 2012 15.44 182.11
October 2012 16.41 166.13
November 2012 16.64 205.86
December 2012 17.40 214.95
January 2013 13.65 199.36
February 2013 13.99 128.56
March 2013 13.04 146.12
April 2013 13.99 135.44
May 2013 13.52 109.03
June 2013 17.23 126.63
July 2013 13.97 91.44
August 2013 14.33 108.76
September 2013 14.69 179.89
October 2013 15.41 225.37
November 2013 12.99 89.92
December 2013 14.11 115.02
January 2014 14.14 107.71
February 2014 15.38 93.37
March 2014 14.84 101.02
April 2014 14.16 96.99
May 2014 12.38 102.02
June 2014 11.54 85.97
July 2014 12.21 78.51
August 2014 13.42 63.88
September 2014 13.47 86.22
October 2014 18.06 113.33
November 2014 13.39 93.19
December 2014 16.29 87.42
January 2015 19.22 120.54
February 2015 15.52 87.61
March 2015 14.90 95.98
April 2015 13.55 103.54
May 2015 13.31 102.32
June 2015 14.36 115.88
July 2015 14.46 98.73
August 2015 19.43 156.50
September 2015 24.51 171.93
October 2015 16.67 110.70
November 2015 16.26 89.58
December 2015 17.93 101.96
January 2016 23.45 154.86
February 2016 22.79 148.32
March 2016 15.80 130.49
April 2016 14.32 96.41
May 2016 14.78 96.22
June 2016 17.79 233.96
July 2016 13.22 164.46
August 2016 12.39 106.89
September 2016 14.08 86.34
October 2016 14.58 108.06
November 2016 15.10 254.10
December 2016 12.49 169.31

Note: The data extend through December 2016. The shaded bars indicate periods of business recession as defined by the National Bureau of Economic Research: March 2001-November 2001, December 2007-June 2009.

Source: Chicago Board Options Exchange data via Bloomberg Per Security; Scott R. Baker, Nicholas Bloom, and Steven J. Davis, "Measuring Economic Policy Uncertainty," Quarterly Journal of Economics 131 (November 2016): 1593-1636.

Return to text

Figure 3. Corporate bond spreads to similar-maturity Treasury securities, 1998-2017

Monthly average
Percentage points

Period 10-year triple-B 10-year high-yield
January 1998 0.94 3.28
February 1998 0.97 3.17
March 1998 0.98 3.12
April 1998 0.97 3.12
May 1998 0.97 3.26
June 1998 1.00 3.58
July 1998 1.06 3.70
August 1998 1.22 4.20
September 1998 1.61 5.33
October 1998 1.64 5.84
November 1998 1.78 5.27
December 1998 1.64 5.15
January 1999 1.57 5.06
February 1999 1.45 4.80
March 1999 1.38 4.66
April 1999 1.35 4.48
May 1999 1.34 4.40
June 1999 1.43 4.41
July 1999 1.45 4.47
August 1999 1.51 4.47
September 1999 1.54 4.56
October 1999 1.49 4.51
November 1999 1.52 4.58
December 1999 1.47 4.21
January 2000 1.52 4.25
February 2000 1.59 4.54
March 2000 1.74 5.15
April 2000 2.00 5.65
May 2000 2.22 5.51
June 2000 2.21 5.80
July 2000 2.14 5.89
August 2000 2.14 6.10
September 2000 2.10 5.90
October 2000 2.14 6.58
November 2000 2.19 7.16
December 2000 2.26 7.77
January 2001 2.17 6.95
February 2001 2.09 6.26
March 2001 2.11 6.45
April 2001 2.08 6.73
May 2001 1.90 6.20
June 2001 1.85 6.29
July 2001 1.92 6.39
August 2001 1.88 6.26
September 2001 1.99 6.71
October 2001 2.06 6.94
November 2001 2.06 6.03
December 2001 1.89 5.59
January 2002 1.98 5.49
February 2002 2.18 5.64
March 2002 2.08 4.90
April 2002 2.10 5.01
May 2002 2.21 5.02
June 2002 2.12 5.77
July 2002 2.46 6.40
August 2002 2.65 7.03
September 2002 2.67 7.17
October 2002 2.91 7.74
November 2002 2.56 6.89
December 2002 2.30 6.64
January 2003 2.18 6.00
February 2003 2.19 6.17
March 2003 2.11 5.95
April 2003 1.83 5.20
May 2003 1.68 5.16
June 2003 1.62 5.07
July 2003 1.50 4.50
August 2003 1.46 4.43
September 2003 1.38 4.10
October 2003 1.30 3.82
November 2003 1.24 3.66
December 2003 1.18 3.41
January 2004 1.12 3.23
February 2004 1.16 3.51
March 2004 1.21 3.75
April 2004 1.15 3.35
May 2004 1.22 3.50
June 2004 1.23 3.46
July 2004 1.23 3.48
August 2004 1.24 3.56
September 2004 1.18 3.48
October 2004 1.12 3.37
November 2004 1.05 3.05
December 2004 0.99 3.00
January 2005 1.02 3.10
February 2005 0.99 3.02
March 2005 1.01 2.89
April 2005 1.16 3.48
May 2005 1.24 4.04
June 2005 1.22 3.84
July 2005 1.21 3.52
August 2005 1.18 3.44
September 2005 1.22 3.61
October 2005 1.27 3.66
November 2005 1.30 3.72
December 2005 1.35 3.78
January 2006 1.35 3.73
February 2006 1.34 3.56
March 2006 1.32 3.39
April 2006 1.33 3.19
May 2006 1.32 3.17
June 2006 1.45 3.45
July 2006 1.51 3.58
August 2006 1.51 3.70
September 2006 1.50 3.75
October 2006 1.50 3.63
November 2006 1.44 3.65
December 2006 1.44 3.61
January 2007 1.41 3.43
February 2007 1.35 3.29
March 2007 1.39 3.47
April 2007 1.41 3.29
May 2007 1.39 3.14
June 2007 1.42 3.09
July 2007 1.53 3.68
August 2007 1.76 4.29
September 2007 1.81 4.23
October 2007 1.71 3.98
November 2007 1.93 4.75
December 2007 2.13 4.93
January 2008 2.32 5.77
February 2008 2.53 5.99
March 2008 2.84 6.46
April 2008 2.81 6.03
May 2008 2.58 5.54
June 2008 2.57 5.57
July 2008 2.83 6.16
August 2008 2.99 6.40
September 2008 3.33 6.99
October 2008 4.66 10.40
November 2008 5.50 12.42
December 2008 6.37 14.41
January 2009 5.87 11.85
February 2009 5.28 10.92
March 2009 5.64 12.49
April 2009 5.33 10.12
May 2009 4.25 9.30
June 2009 3.47 7.97
July 2009 3.17 7.61
August 2009 2.62 6.74
September 2009 2.57 6.36
October 2009 2.43 5.85
November 2009 2.33 5.67
December 2009 2.10 5.31
January 2010 1.72 4.64
February 2010 1.81 4.91
March 2010 1.70 4.62
April 2010 1.55 4.28
May 2010 1.78 5.08
June 2010 2.06 5.49
July 2010 2.03 5.28
August 2010 2.07 5.35
September 2010 2.09 5.16
October 2010 2.00 4.83
November 2010 1.95 4.60
December 2010 1.88 4.24
January 2011 1.75 3.94
February 2011 1.68 3.64
March 2011 1.70 3.81
April 2011 1.65 3.68
May 2011 1.69 3.90
June 2011 1.83 4.32
July 2011 1.81 4.20
August 2011 2.26 5.57
September 2011 2.77 6.12
October 2011 2.92 6.12
November 2011 2.72 5.95
December 2011 2.83 5.88
January 2012 2.74 5.44
February 2012 2.58 5.15
March 2012 2.38 4.95
April 2012 2.46 5.15
May 2012 2.64 5.46
June 2012 2.82 5.81
July 2012 2.68 5.56
August 2012 2.46 5.21
September 2012 2.34 4.95
October 2012 2.10 4.82
November 2012 2.17 4.94
December 2012 2.13 4.57
January 2013 1.97 4.22
February 2013 2.01 4.23
March 2013 2.05 4.22
April 2013 2.08 4.36
May 2013 1.98 4.01
June 2013 2.18 4.19
July 2013 2.11 3.96
August 2013 2.06 3.99
September 2013 2.09 3.99
October 2013 2.02 3.97
November 2013 1.91 3.75
December 2013 1.75 3.55
January 2014 1.69 3.54
February 2014 1.72 3.58
March 2014 1.68 3.42
April 2014 1.58 3.38
May 2014 1.57 3.42
June 2014 1.51 3.21
July 2014 1.52 3.33
August 2014 1.59 3.52
September 2014 1.60 3.50
October 2014 1.73 3.78
November 2014 1.80 3.74
December 2014 1.95 4.19
January 2015 2.04 4.39
February 2015 1.88 4.05
March 2015 1.84 4.05
April 2015 1.84 3.96
May 2015 1.88 3.77
June 2015 1.98 3.80
July 2015 2.09 3.99
August 2015 2.26 4.33
September 2015 2.30 4.49
October 2015 2.32 4.72
November 2015 2.22 4.64
December 2015 2.30 4.99
January 2016 2.49 5.39
February 2016 2.79 5.96
March 2016 2.49 5.26
April 2016 2.31 4.96
May 2016 2.22 4.91
June 2016 2.26 5.01
July 2016 2.19 4.75
August 2016 2.07 4.48
September 2016 2.03 4.38
October 2016 1.95 4.13
November 2016 1.88 4.04
December 2016 1.75 3.56
January 2017 1.73 3.41
February 2017 1.72 3.35

Note: The data extend through February 2017. Spreads over 10-year Treasury yield.

Source: Staff estimates based on corporate bond data from BofA Merrill Lynch Global Research (used with permission), computed using Nelson-Siegel yield curve model; semiannually compounded 10-year Treasury yield (par) estimated by Svensson term structure model.

Return to text

Figure 4. Leveraged loan and high-yield bond issuance, 2005-16

Billions of dollars (annualized)

Period Leveraged loans High-yield bonds Sum
2005 298.83 216.31 515.14
2006 481.55 253.23 734.78
2007 535.38 314.55 849.93
2008 150.33 268.40 418.73
2009 76.25 286.08 362.33
2010 236.81 408.79 645.60
2011 375.28 392.84 768.12
2012 465.52 440.97 906.50
2013 606.89 478.37 1085.26
2014 528.15 430.90 959.05
2015 421.10 376.55 797.65
2016:Q1 363.54 270.21 633.75
2016:Q2 510.24 432.07 942.31
2016:Q3 563.59 361.70 925.29
2016:Q4 295.86 298.63 594.48

Total outstanding

Period Four-quarter percent change
2005:Q1 6.77
2005:Q2 13.42
2005:Q3 14.26
2005:Q4 18.00
2006:Q1 13.96
2006:Q2 13.71
2006:Q3 12.13
2006:Q4 15.86
2007:Q1 20.41
2007:Q2 22.69
2007:Q3 25.36
2007:Q4 16.69
2008:Q1 12.44
2008:Q2 9.37
2008:Q3 10.10
2008:Q4 4.89
2009:Q1 4.78
2009:Q2 3.20
2009:Q3 -1.34
2009:Q4 -0.22
2010:Q1 1.92
2010:Q2 -1.63
2010:Q3 1.35
2010:Q4 4.19
2011:Q1 2.07
2011:Q2 4.36
2011:Q3 -0.53
2011:Q4 -0.69
2012:Q1 -0.69
2012:Q2 -2.35
2012:Q3 2.07
2012:Q4 4.35
2013:Q1 7.41
2013:Q2 9.42
2013:Q3 11.44
2013:Q4 12.52
2014:Q1 12.40
2014:Q2 15.96
2014:Q3 15.19
2014:Q4 12.72
2015:Q1 12.39
2015:Q2 6.92
2015:Q3 3.76
2015:Q4 3.84
2016:Q1 4.35
2016:Q2 4.12
2016:Q3 2.24
2016:Q4 -1.00

Note: Total outstanding is quarterly data, which start in 2005:Q1. Data include bonds and loans to both financial and nonfinancial companies, as well as unrated bonds and loans. For LCD, S&P and its third-party information providers expressly disclaim the accuracy and completeness of the information provided to the Board, as well as any errors or omissions arising from the use of such information. Further, the information provided herein does not constitute, and should not be used as, advice regarding the suitability of securities for investment purposes or any other type of investment advice.

Source: Standard & Poor's Leveraged Commentary & Data (LCD); Mergent Corporate Fixed Income.

Return to text

Figure 5. CRE capitalization rate at origin, 2002-16

3-month moving average
Percentage points

Period Industrial Office Retail Multifamily
March 2002 9.61 9.54 9.19 8.34
April 2002 9.64 9.38 9.22 8.27
May 2002 9.50 9.24 9.17 8.09
June 2002 9.52 9.07 8.97 8.08
July 2002 9.43 9.07 8.92 8.13
August 2002 9.19 8.92 9.03 8.10
September 2002 9.02 8.90 8.90 8.03
October 2002 8.77 8.78 8.84 7.90
November 2002 8.77 8.90 8.71 7.95
December 2002 8.96 9.03 8.73 7.88
January 2003 9.05 9.12 8.56 7.88
February 2003 9.14 9.02 8.58 7.73
March 2003 9.05 8.97 8.44 7.69
April 2003 9.08 8.92 8.53 7.64
May 2003 9.04 8.88 8.28 7.66
June 2003 8.80 8.75 8.30 7.46
July 2003 8.93 8.62 8.32 7.34
August 2003 8.90 8.51 8.34 7.33
September 2003 9.08 8.45 8.33 7.37
October 2003 8.72 8.38 8.16 7.21
November 2003 8.53 8.37 8.15 7.10
December 2003 8.42 8.36 8.01 7.08
January 2004 8.42 8.38 7.95 7.06
February 2004 8.36 8.26 7.90 6.90
March 2004 8.27 8.22 7.87 6.88
April 2004 8.23 8.05 7.90 6.88
May 2004 8.26 8.07 7.83 6.97
June 2004 8.16 8.00 7.83 6.85
July 2004 8.27 8.01 7.73 6.78
August 2004 8.29 7.98 7.63 6.77
September 2004 8.38 7.93 7.64 6.73
October 2004 8.46 7.89 7.53 6.60
November 2004 8.47 7.78 7.45 6.51
December 2004 8.16 7.64 7.29 6.46
January 2005 7.92 7.64 7.35 6.55
February 2005 7.99 7.66 7.32 6.41
March 2005 8.28 7.65 7.27 6.41
April 2005 8.19 7.56 7.22 6.31
May 2005 7.80 7.54 7.20 6.27
June 2005 7.67 7.46 7.15 6.19
July 2005 7.69 7.35 7.10 6.05
August 2005 7.80 7.14 7.19 5.98
September 2005 7.68 7.14 7.13 5.89
October 2005 7.52 7.06 7.03 5.97
November 2005 7.49 7.02 6.85 5.86
December 2005 7.35 6.97 6.80 5.97
January 2006 7.24 6.99 6.84 5.98
February 2006 7.11 7.11 6.84 6.13
March 2006 7.08 7.05 6.81 6.03
April 2006 7.18 7.07 6.77 6.08
May 2006 7.29 6.99 6.77 6.11
June 2006 7.30 6.93 6.88 6.18
July 2006 7.27 6.83 6.84 6.08
August 2006 7.18 6.84 6.82 6.05
September 2006 7.15 6.84 6.79 6.09
October 2006 7.27 6.92 6.81 6.18
November 2006 7.28 6.80 6.87 6.22
December 2006 7.29 6.73 6.76 6.18
January 2007 7.05 6.63 6.79 6.20
February 2007 6.99 6.62 6.73 6.22
March 2007 6.98 6.63 6.76 6.27
April 2007 7.03 6.42 6.67 6.17
May 2007 6.89 6.31 6.63 6.25
June 2007 6.87 6.26 6.57 6.25
July 2007 6.84 6.40 6.60 6.38
August 2007 6.90 6.55 6.61 6.26
September 2007 6.91 6.64 6.62 6.30
October 2007 7.00 6.79 6.60 6.21
November 2007 7.21 6.76 6.64 6.21
December 2007 7.30 6.77 6.75 6.17
January 2008 7.28 6.71 6.84 6.15
February 2008 7.24 6.90 6.85 6.27
March 2008 7.30 7.05 6.87 6.33
April 2008 7.39 7.07 6.90 6.51
May 2008 7.39 7.01 6.89 6.52
June 2008 7.45 7.00 6.87 6.51
July 2008 7.43 7.19 6.84 6.53
August 2008 7.41 7.30 6.86 6.50
September 2008 7.37 7.30 6.89 6.52
October 2008 7.33 7.06 6.93 6.47
November 2008 7.69 7.15 7.05 6.64
December 2008 7.91 7.27 7.12 6.71
January 2009 8.26 7.45 7.20 6.87
February 2009 8.07 7.46 7.16 6.76
March 2009 7.93 7.46 7.24 6.77
April 2009 7.87 7.46 7.25 6.65
May 2009 7.98 7.53 7.26 6.89
June 2009 8.18 7.65 7.35 6.95
July 2009 8.23 7.90 7.54 7.20
August 2009 8.38 8.04 7.81 7.27
September 2009 8.38 8.08 7.90 7.26
October 2009 8.48 8.46 7.99 7.08
November 2009 8.41 8.56 8.03 6.93
December 2009 8.45 8.85 8.01 6.83
January 2010 8.29 8.48 7.99 6.82
February 2010 8.44 8.37 7.93 6.78
March 2010 8.42 8.08 8.17 6.92
April 2010 8.66 8.16 8.12 6.82
May 2010 8.43 7.98 8.13 6.87
June 2010 8.25 7.98 7.85 6.84
July 2010 8.16 7.85 7.89 6.93
August 2010 8.27 7.97 7.88 6.76
September 2010 8.43 7.73 7.92 6.57
October 2010 8.47 7.61 7.78 6.62
November 2010 8.38 7.58 7.69 6.70
December 2010 8.28 7.61 7.69 6.80
January 2011 8.07 7.60 7.74 6.76
February 2011 7.91 7.56 7.68 6.81
March 2011 7.85 7.54 7.56 6.70
April 2011 7.83 7.42 7.59 6.61
May 2011 7.94 7.42 7.61 6.54
June 2011 7.86 7.48 7.69 6.56
July 2011 7.78 7.71 7.65 6.52
August 2011 7.70 7.49 7.64 6.39
September 2011 7.74 7.47 7.57 6.35
October 2011 7.79 7.28 7.54 6.29
November 2011 7.66 7.24 7.59 6.28
December 2011 7.60 7.07 7.61 6.33
January 2012 7.42 6.96 7.56 6.40
February 2012 7.50 7.10 7.49 6.44
March 2012 7.54 7.24 7.35 6.44
April 2012 7.67 7.36 7.35 6.45
May 2012 7.63 7.24 7.30 6.40
June 2012 7.58 7.15 7.33 6.29
July 2012 7.64 7.12 7.35 6.18
August 2012 7.63 7.20 7.28 6.18
September 2012 7.65 7.12 7.34 6.21
October 2012 7.42 7.15 7.33 6.18
November 2012 7.38 7.02 7.45 6.12
December 2012 7.39 7.07 7.34 6.09
January 2013 7.49 7.09 7.35 6.06
February 2013 7.74 7.14 7.23 6.11
March 2013 7.67 7.23 7.29 6.12
April 2013 7.61 7.07 7.15 6.11
May 2013 7.45 7.05 7.18 6.03
June 2013 7.49 6.82 7.09 6.06
July 2013 7.47 6.85 7.08 6.07
August 2013 7.39 6.76 7.15 6.10
September 2013 7.36 6.99 7.16 5.96
October 2013 7.55 6.93 7.12 6.01
November 2013 7.77 6.88 7.08 5.86
December 2013 7.66 6.66 7.05 5.88
January 2014 7.59 6.67 7.02 5.79
February 2014 7.34 6.67 6.88 5.91
March 2014 7.29 6.76 6.77 5.89
April 2014 7.17 6.83 6.82 5.95
May 2014 7.16 6.94 6.81 5.90
June 2014 7.11 6.82 6.83 5.95
July 2014 7.11 6.81 6.81 5.88
August 2014 7.06 6.79 6.81 5.93
September 2014 7.06 6.81 6.74 5.79
October 2014 7.11 6.69 6.71 5.85
November 2014 7.14 6.65 6.64 5.81
December 2014 7.08 6.67 6.70 5.90
January 2015 6.88 6.70 6.60 5.81
February 2015 6.77 6.69 6.46 5.78
March 2015 6.88 6.74 6.40 5.68
April 2015 6.81 6.72 6.41 5.77
May 2015 6.75 6.76 6.53 5.83
June 2015 6.84 6.90 6.56 5.85
July 2015 7.01 7.02 6.48 5.73
August 2015 7.07 7.02 6.49 5.65
September 2015 6.69 6.87 6.50 5.67
October 2015 6.62 6.78 6.55 5.70
November 2015 6.50 6.79 6.48 5.69
December 2015 6.61 6.71 6.48 5.77
January 2016 6.96 6.75 6.50 5.64
February 2016 7.10 6.47 6.49 5.68
March 2016 7.38 6.41 6.45 5.57
April 2016 6.77 6.29 6.39 5.62
May 2016 6.65 6.51 6.39 5.57
June 2016 6.66 6.45 6.32 5.59
July 2016 6.88 6.54 6.32 5.67
August 2016 6.98 6.51 6.29 5.66
September 2016 6.75 6.66 6.37 5.60
October 2016 6.63 6.69 6.38 5.54
November 2016 6.67 6.71 6.42 5.47
December 2016 6.83 6.70 6.45 5.44

Note: The data extend through December 2016. CRE is commercial real estate.

Source: Real Capital Analytics.

Return to text

Figure 6. Median price-to-rent ratio, 2000-16

Monthly
Jan. 2010 = 100

Period Interquartile range, lower bound Median United States Interquartile range, upper bound
January 2000 89.65 96.89 100.06 106.74
February 2000 90.62 97.50 100.62 107.16
March 2000 91.73 98.15 101.24 107.58
April 2000 92.36 98.90 101.89 108.09
May 2000 92.89 99.63 102.48 108.34
June 2000 93.33 100.31 102.96 108.85
July 2000 93.55 100.75 103.30 109.05
August 2000 93.93 101.24 103.70 109.19
September 2000 94.33 101.72 104.05 109.54
October 2000 94.59 102.20 104.40 109.65
November 2000 95.10 102.71 104.87 110.24
December 2000 95.47 103.34 105.24 110.13
January 2001 95.79 96.89 105.73 110.08
February 2001 96.16 97.50 106.20 110.14
March 2001 96.57 98.15 106.56 110.63
April 2001 96.60 98.90 106.79 110.80
May 2001 96.68 99.63 106.87 111.01
June 2001 96.85 100.31 107.09 111.47
July 2001 97.24 100.75 107.42 111.54
August 2001 97.49 101.24 107.65 111.47
September 2001 97.56 101.72 107.89 111.56
October 2001 98.11 102.20 108.13 111.53
November 2001 98.41 102.71 108.37 111.48
December 2001 98.26 103.34 108.38 111.51
January 2002 98.95 105.19 108.68 111.11
February 2002 99.56 105.27 109.01 111.92
March 2002 100.30 105.36 109.41 112.55
April 2002 101.20 105.44 109.97 113.35
May 2002 102.13 106.58 110.77 113.80
June 2002 102.44 106.93 111.45 113.80
July 2002 102.88 107.42 112.24 113.86
August 2002 104.01 107.94 113.05 114.06
September 2002 104.68 108.01 113.57 114.18
October 2002 105.02 108.77 113.94 114.28
November 2002 105.56 109.37 114.40 115.62
December 2002 105.67 110.32 114.95 115.99
January 2003 106.02 109.93 115.39 116.82
February 2003 106.21 111.08 115.89 117.39
March 2003 106.37 111.43 116.32 118.32
April 2003 106.50 111.47 116.80 118.93
May 2003 107.14 111.22 117.40 119.59
June 2003 107.48 111.85 118.06 120.21
July 2003 107.76 112.64 118.76 120.89
August 2003 108.11 113.87 119.78 121.71
September 2003 108.42 114.53 120.74 122.73
October 2003 108.74 114.83 121.84 123.38
November 2003 109.15 115.70 122.86 124.78
December 2003 110.02 115.88 124.02 125.74
January 2004 110.69 116.23 125.22 126.69
February 2004 111.35 116.67 126.29 127.04
March 2004 111.69 117.27 127.42 127.55
April 2004 111.97 117.78 128.69 128.18
May 2004 112.23 118.25 130.05 129.19
June 2004 112.44 119.78 131.54 129.75
July 2004 112.61 120.32 132.80 131.28
August 2004 113.21 120.53 133.90 133.46
September 2004 114.51 120.89 135.12 136.30
October 2004 115.90 122.25 136.53 139.30
November 2004 117.25 122.97 138.02 141.00
December 2004 117.39 123.17 139.36 142.83
January 2005 117.67 124.78 140.67 144.43
February 2005 118.14 125.35 142.33 146.47
March 2005 118.64 126.25 143.99 149.48
April 2005 118.89 126.62 145.65 152.16
May 2005 119.47 127.53 147.19 154.95
June 2005 120.23 128.31 148.69 158.02
July 2005 121.38 129.78 149.68 159.80
August 2005 121.76 130.32 151.18 161.77
September 2005 121.75 130.87 152.72 163.69
October 2005 122.04 130.77 153.73 165.34
November 2005 122.37 130.74 154.72 166.23
December 2005 122.63 131.45 155.83 166.51
January 2006 123.74 131.64 156.78 167.39
February 2006 123.79 131.22 157.53 168.22
March 2006 124.30 131.88 157.36 167.31
April 2006 124.15 132.31 156.94 166.09
May 2006 124.08 131.32 156.00 164.20
June 2006 123.31 131.52 154.58 161.49
July 2006 123.47 131.98 152.95 158.83
August 2006 122.92 132.63 151.94 156.78
September 2006 123.11 132.46 151.60 154.75
October 2006 123.11 132.33 151.19 152.56
November 2006 123.57 132.39 150.64 151.65
December 2006 123.11 131.91 149.93 150.31
January 2007 123.04 131.78 149.44 150.14
February 2007 122.62 131.29 148.81 150.17
March 2007 122.88 131.23 146.71 146.96
April 2007 122.00 130.86 145.06 145.01
May 2007 121.36 129.33 142.95 142.50
June 2007 119.51 128.53 140.98 140.64
July 2007 118.50 128.08 138.91 137.44
August 2007 117.96 127.24 137.19 136.98
September 2007 117.61 125.67 135.62 135.12
October 2007 115.61 124.42 133.57 132.96
November 2007 113.90 122.92 131.37 130.04
December 2007 113.01 121.95 129.52 128.66
January 2008 111.75 121.68 127.70 127.06
February 2008 111.57 121.60 125.60 125.50
March 2008 111.49 117.87 123.06 124.47
April 2008 109.85 114.21 120.64 121.82
May 2008 109.46 112.45 118.41 119.43
June 2008 108.22 110.82 116.19 117.81
July 2008 107.71 109.88 113.96 116.15
August 2008 106.29 109.35 111.91 114.64
September 2008 104.73 106.96 109.81 113.43
October 2008 103.97 105.15 107.44 111.99
November 2008 102.51 104.68 105.23 110.17
December 2008 100.56 102.77 103.11 107.57
January 2009 99.83 102.70 101.50 106.02
February 2009 99.04 101.81 100.42 104.60
March 2009 98.45 100.61 99.47 102.76
April 2009 98.01 100.21 99.07 102.20
May 2009 97.95 99.70 98.95 101.07
June 2009 97.86 99.44 99.16 101.02
July 2009 98.01 99.74 99.39 100.52
August 2009 97.91 99.54 99.45 100.21
September 2009 98.34 99.63 99.50 100.15
October 2009 98.37 99.89 99.74 100.34
November 2009 99.31 100.07 100.22 100.56
December 2009 99.73 100.10 100.27 100.32
January 2010 100.00 100.00 100.00 100.00
February 2010 99.18 99.60 99.09 99.96
March 2010 99.06 99.77 99.37 100.32
April 2010 99.08 99.98 100.04 100.24
May 2010 98.86 99.69 99.92 100.05
June 2010 98.20 99.40 99.53 99.72
July 2010 97.38 98.73 98.85 99.55
August 2010 96.56 97.67 97.98 98.97
September 2010 95.64 97.48 97.18 98.13
October 2010 95.18 96.79 96.78 97.77
November 2010 94.85 96.46 96.33 97.62
December 2010 94.96 96.84 96.04 97.53
January 2011 94.37 96.02 95.63 97.49
February 2011 94.05 94.84 94.69 97.28
March 2011 92.51 94.24 93.89 97.05
April 2011 92.38 94.44 94.10 96.83
May 2011 92.62 93.61 93.94 96.69
June 2011 92.61 93.78 94.11 96.45
July 2011 92.42 93.56 94.24 95.76
August 2011 92.20 93.75 93.80 95.45
September 2011 91.89 93.82 93.66 95.77
October 2011 91.61 93.78 93.36 95.21
November 2011 91.27 93.73 93.03 94.84
December 2011 90.97 93.72 92.92 94.55
January 2012 90.60 93.64 92.96 95.12
February 2012 90.36 93.92 92.92 95.71
March 2012 90.89 94.03 93.20 95.88
April 2012 91.43 94.37 93.90 96.15
May 2012 90.97 95.15 94.48 96.86
June 2012 91.37 95.23 95.15 97.41
July 2012 91.14 95.53 95.64 97.59
August 2012 91.16 95.98 96.00 97.67
September 2012 91.16 96.45 96.34 97.90
October 2012 92.11 96.84 96.61 98.97
November 2012 92.94 97.40 97.16 99.79
December 2012 92.91 97.67 97.75 100.96
January 2013 93.03 98.10 98.24 100.74
February 2013 92.74 98.25 98.75 101.98
March 2013 93.05 98.63 99.42 102.17
April 2013 92.90 98.76 100.27 103.64
May 2013 93.36 98.69 100.89 104.98
June 2013 93.53 99.10 101.43 105.42
July 2013 94.14 99.66 102.10 106.16
August 2013 94.55 100.23 102.61 106.07
September 2013 94.93 100.67 103.32 106.42
October 2013 95.18 101.15 103.90 107.02
November 2013 95.16 101.58 104.37 107.63
December 2013 95.77 101.56 104.65 108.02
January 2014 96.15 101.92 104.96 108.60
February 2014 96.92 102.07 105.55 108.74
March 2014 97.17 102.58 105.24 109.03
April 2014 97.32 102.25 105.06 108.53
May 2014 97.13 102.18 104.96 108.53
June 2014 97.29 102.07 104.94 108.77
July 2014 97.53 101.62 104.96 108.98
August 2014 97.36 101.63 105.21 109.62
September 2014 97.39 102.14 105.50 109.66
October 2014 97.27 102.73 105.90 110.96
November 2014 98.14 103.25 106.10 110.46
December 2014 97.47 103.49 106.30 111.05
January 2015 97.64 103.35 106.52 111.19
February 2015 97.77 103.51 107.11 111.22
March 2015 98.23 103.56 106.82 111.93
April 2015 98.04 103.95 106.85 111.67
May 2015 97.61 104.25 106.94 112.15
June 2015 97.34 104.76 107.00 112.41
July 2015 97.54 104.15 106.90 112.84
August 2015 97.28 103.71 107.10 112.82
September 2015 97.83 104.16 107.47 113.11
October 2015 98.15 104.94 107.73 113.56
November 2015 98.26 105.62 107.96 113.87
December 2015 97.98 106.17 108.27 113.98
January 2016 97.88 106.83 108.36 114.49
February 2016 98.16 107.36 108.88 115.30
March 2016 98.00 108.59 108.50 115.92
April 2016 98.26 108.47 108.56 116.63
May 2016 99.32 108.34 108.41 116.83
June 2016 99.01 107.53 108.30 116.30
July 2016 98.94 107.90 108.34 116.29
August 2016 98.88 107.90 108.60 116.64
September 2016 98.90 107.96 109.12 117.10
October 2016 99.52 108.01 109.60 117.06
November 2016 99.33 108.59 110.19 117.35
December 2016 99.60 109.37 110.63 117.12

Note: The data extend through December 2016. Percentiles are based on 25 metropolitan statistical areas.

Source: For house prices, CoreLogic; for rent data, Bureau of Labor Statistics.

Return to text

Figure 7. Regulatory capital ratios, all BHCs, 1998-2016

Quarterly, s.a.
Percent

Period Total (Tier 1 + Tier 2) Common equity Tier 1 ratio Leverage ratio
1998:Q1 12.50 ND 7.09
1998:Q2 12.48 ND 7.11
1998:Q3 12.37 ND 7.08
1998:Q4 12.12 ND 6.89
1999:Q1 12.19 ND 7.02
1999:Q2 11.91 ND 6.96
1999:Q3 12.01 ND 7.04
1999:Q4 11.78 ND 7.04
2000:Q1 11.57 ND 6.87
2000:Q2 11.53 ND 6.78
2000:Q3 11.55 ND 6.75
2000:Q4 11.79 ND 6.76
2001:Q1 11.85 7.76 6.80
2001:Q2 11.93 8.00 6.80
2001:Q3 11.83 7.72 6.75
2001:Q4 11.94 7.75 6.67
2002:Q1 12.22 7.94 6.82
2002:Q2 12.35 7.96 6.84
2002:Q3 12.40 7.99 6.78
2002:Q4 12.29 7.89 6.70
2003:Q1 12.36 7.90 6.72
2003:Q2 12.30 7.95 6.75
2003:Q3 12.53 8.03 6.72
2003:Q4 12.57 8.07 6.84
2004:Q1 12.37 8.00 6.82
2004:Q2 12.22 7.93 6.64
2004:Q3 12.14 7.86 6.66
2004:Q4 12.20 7.97 6.58
2005:Q1 12.13 7.97 6.51
2005:Q2 12.05 7.82 6.54
2005:Q3 11.90 7.71 6.50
2005:Q4 11.86 7.74 6.48
2006:Q1 11.75 7.50 6.37
2006:Q2 11.73 7.50 6.29
2006:Q3 11.87 7.46 6.38
2006:Q4 11.91 7.53 6.40
2007:Q1 11.73 7.37 6.25
2007:Q2 11.62 7.10 6.05
2007:Q3 11.46 6.85 5.84
2007:Q4 11.31 6.41 5.57
2008:Q1 11.34 6.20 5.68
2008:Q2 11.72 5.99 5.94
2008:Q3 11.40 5.78 5.73
2008:Q4 12.92 5.56 6.88
2009:Q1 13.58 5.86 7.06
2009:Q2 13.93 6.73 7.24
2009:Q3 14.41 7.61 7.39
2009:Q4 14.24 8.14 7.23
2010:Q1 14.36 8.60 7.09
2010:Q2 14.78 8.92 7.21
2010:Q3 15.12 9.28 7.44
2010:Q4 15.32 9.65 7.62
2011:Q1 15.35 9.91 7.68
2011:Q2 15.39 10.15 7.58
2011:Q3 15.30 10.16 7.52
2011:Q4 15.44 10.46 7.72
2012:Q1 15.76 10.98 8.18
2012:Q2 15.54 11.06 8.07
2012:Q3 15.50 11.21 8.16
2012:Q4 15.71 11.37 8.28
2013:Q1 15.22 11.16 8.37
2013:Q2 15.27 11.26 8.43
2013:Q3 15.44 11.48 8.59
2013:Q4 15.47 11.57 8.65
2014:Q1 15.74 12.19 8.80
2014:Q2 14.92 11.77 8.93
2014:Q3 14.96 11.71 8.98
2014:Q4 14.98 11.68 9.02
2015:Q1 14.78 11.59 9.01
2015:Q2 14.98 11.76 9.14
2015:Q3 15.18 11.91 9.30
2015:Q4 15.01 11.82 9.35
2016:Q1 15.08 11.87 9.34
2016:Q2 15.22 11.89 9.30
2016:Q3 15.19 11.90 9.15
2016:Q4 15.39 12.05 9.13

Note: The data extend through 2016:Q4. Prior to 2014:Q1, the numerator of the common equity Tier 1 ratio is Tier 1 common capital. Beginning in 2014:Q1 for advanced-approaches bank holding companies (BHCs) and in 2015:Q1 for all other BHCs, the numerator is common equity Tier 1 capital. The data for the common equity Tier 1 ratio start in 2001:Q1. An advanced-approaches BHC is defined as a large internationally active banking organization, generally with at least $250 billion in total consolidated assets or at least $10 billion in total on-balance-sheet foreign exposure. The shaded bars indicate periods of business recession as defined by the National Bureau of Economic Research: March 2001-November 2001, and December 2007-June 2009.

Source: Federal Reserve Board, FR Y-9C, Consolidated Financial Statements for Holding Companies.

Return to text

Figure 8. Money market mutual funds, AUM, 2015-16

Weekly
Billions of dollars

Period Treasury Govt./agency Municipal Prime Sum
1 September 2015 478.75 483.21 246.69 1478.03 2686.68
8 September 2015 474.90 473.29 248.92 1478.39 2675.50
15 September 2015 468.36 473.80 247.05 1480.46 2669.67
22 September 2015 469.82 471.94 245.58 1498.64 2685.98
29 September 2015 486.78 478.63 243.95 1492.39 2701.75
6 October 2015 485.94 480.03 246.95 1500.01 2712.93
13 October 2015 493.68 481.90 246.88 1502.93 2725.39
20 October 2015 489.35 481.16 245.84 1506.92 2723.27
27 October 2015 492.51 490.98 245.23 1518.91 2747.63
3 November 2015 491.52 518.09 245.17 1484.62 2739.40
10 November 2015 493.28 516.94 245.56 1490.28 2746.06
17 November 2015 495.95 536.46 245.79 1471.70 2749.90
24 November 2015 499.19 544.83 245.68 1462.34 2752.04
1 December 2015 497.85 681.50 246.30 1324.37 2750.02
8 December 2015 500.70 688.35 249.52 1330.23 2768.80
15 December 2015 500.26 692.25 250.79 1308.93 2752.23
22 December 2015 505.95 689.04 253.60 1317.51 2766.10
29 December 2015 509.75 679.30 254.16 1319.32 2762.53
5 January 2016 504.18 696.77 256.71 1291.35 2749.01
12 January 2016 512.96 691.69 257.12 1299.14 2760.91
19 January 2016 508.13 695.29 255.00 1288.93 2747.35
26 January 2016 506.13 709.54 248.94 1298.81 2763.42
2 February 2016 507.09 700.94 247.37 1315.00 2770.40
9 February 2016 509.73 693.80 246.24 1314.16 2763.93
16 February 2016 525.11 694.91 242.84 1300.96 2763.82
23 February 2016 527.73 714.18 243.46 1313.86 2799.23
1 March 2016 530.16 722.45 238.97 1312.47 2804.05
8 March 2016 523.62 732.21 239.81 1334.23 2829.87
15 March 2016 517.57 717.95 236.72 1310.99 2783.23
22 March 2016 517.80 720.04 233.17 1311.26 2782.27
29 March 2016 528.30 728.49 229.12 1291.42 2777.33
5 April 2016 536.01 750.63 226.67 1201.49 2714.80
12 April 2016 535.20 745.04 224.32 1209.01 2713.57
19 April 2016 522.78 745.86 221.60 1188.78 2679.02
26 April 2016 526.60 750.94 217.75 1198.75 2694.04
3 May 2016 531.91 776.69 216.04 1174.57 2699.21
10 May 2016 531.40 778.30 214.94 1184.01 2708.65
17 May 2016 534.24 779.78 212.39 1163.51 2689.92
24 May 2016 544.10 787.61 211.40 1171.11 2714.22
31 May 2016 541.54 797.41 208.95 1149.18 2697.08
7 June 2016 542.36 837.02 208.41 1129.28 2717.07
14 June 2016 544.26 843.98 205.09 1115.43 2708.76
21 June 2016 547.49 855.64 202.47 1084.22 2689.82
28 June 2016 556.36 898.16 194.91 1058.41 2707.84
5 July 2016 551.97 904.98 193.96 1031.16 2682.07
12 July 2016 551.21 918.24 189.67 1040.87 2699.99
19 July 2016 547.20 944.43 188.42 1010.71 2690.76
26 July 2016 563.30 958.90 185.92 997.44 2705.56
2 August 2016 567.28 996.91 184.16 970.10 2718.45
9 August 2016 570.93 1009.76 179.71 947.51 2707.91
16 August 2016 558.37 1054.61 170.97 909.88 2693.83
23 August 2016 576.53 1086.21 159.33 887.84 2709.91
30 August 2016 590.48 1122.14 152.90 843.55 2709.07
6 September 2016 587.58 1131.15 150.33 794.65 2663.71
13 September 2016 598.05 1176.85 145.06 752.38 2672.34
20 September 2016 588.39 1235.00 139.53 680.62 2643.54
27 September 2016 608.34 1305.11 134.40 610.19 2658.04
4 October 2016 624.42 1388.92 129.32 480.18 2622.84
11 October 2016 630.71 1430.34 127.35 415.61 2604.01
18 October 2016 619.39 1467.41 127.64 382.36 2596.80
25 October 2016 623.23 1483.05 128.21 380.60 2615.09
1 November 2016 628.44 1503.96 128.15 371.89 2632.44
8 November 2016 635.60 1508.71 129.29 373.12 2646.72
15 November 2016 620.53 1528.89 129.59 374.52 2653.53
22 November 2016 621.82 1549.24 130.04 375.89 2676.99
29 November 2016 626.30 1566.82 130.09 374.42 2697.63
6 December 2016 635.55 1560.87 130.96 375.71 2703.09
13 December 2016 643.62 1573.72 130.60 374.72 2722.66
20 December 2016 627.69 1553.02 131.29 373.54 2685.54
27 December 2016 636.94 1553.70 131.12 374.69 2696.45

Note: The data extend through December 2016. AUM is assets under management.

Source: iMoneyNet.

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Figure 9. Nonfinancial-sector credit-to-GDP ratio, 1981-2016

Quarterly

Period Year-over-year percent change Business (Ratio) Household (Ratio) Sum (Ratio)
1981:Q1 8.74 0.48 0.46 0.94
1981:Q2 10.62 0.49 0.47 0.96
1981:Q3 11.07 0.50 0.46 0.96
1981:Q4 10.30 0.51 0.46 0.97
1982:Q1 10.16 0.52 0.47 0.99
1982:Q2 9.16 0.52 0.47 0.99
1982:Q3 8.04 0.53 0.47 1.00
1982:Q4 7.27 0.53 0.47 1.00
1983:Q1 7.12 0.53 0.46 1.00
1983:Q2 7.48 0.53 0.46 0.99
1983:Q3 9.15 0.53 0.46 0.99
1983:Q4 10.97 0.53 0.46 0.99
1984:Q1 13.10 0.53 0.46 0.99
1984:Q2 14.66 0.54 0.47 1.00
1984:Q3 14.85 0.55 0.47 1.01
1984:Q4 15.45 0.56 0.48 1.03
1985:Q1 15.74 0.56 0.49 1.05
1985:Q2 14.89 0.57 0.50 1.07
1985:Q3 14.95 0.57 0.50 1.07
1985:Q4 15.28 0.58 0.52 1.10
1986:Q1 13.53 0.58 0.53 1.11
1986:Q2 13.04 0.59 0.53 1.13
1986:Q3 12.94 0.60 0.54 1.15
1986:Q4 12.02 0.61 0.55 1.17
1987:Q1 11.37 0.62 0.55 1.17
1987:Q2 11.19 0.62 0.56 1.18
1987:Q3 10.41 0.62 0.56 1.19
1987:Q4 8.72 0.62 0.56 1.18
1988:Q1 9.45 0.63 0.56 1.19
1988:Q2 9.57 0.63 0.56 1.19
1988:Q3 9.39 0.63 0.57 1.19
1988:Q4 10.37 0.63 0.57 1.20
1989:Q1 9.76 0.63 0.57 1.20
1989:Q2 9.39 0.63 0.57 1.20
1989:Q3 8.73 0.63 0.57 1.20
1989:Q4 8.22 0.63 0.58 1.21
1990:Q1 8.27 0.63 0.58 1.21
1990:Q2 7.36 0.62 0.58 1.21
1990:Q3 6.93 0.62 0.59 1.21
1990:Q4 5.82 0.63 0.60 1.22
1991:Q1 3.92 0.62 0.60 1.22
1991:Q2 3.34 0.61 0.60 1.21
1991:Q3 2.19 0.60 0.60 1.20
1991:Q4 1.61 0.59 0.61 1.19
1992:Q1 1.98 0.58 0.60 1.18
1992:Q2 1.61 0.57 0.60 1.17
1992:Q3 2.15 0.56 0.60 1.16
1992:Q4 2.56 0.55 0.60 1.15
1993:Q1 2.66 0.55 0.60 1.15
1993:Q2 3.44 0.55 0.60 1.15
1993:Q3 4.22 0.55 0.61 1.15
1993:Q4 4.86 0.54 0.61 1.15
1994:Q1 5.67 0.54 0.61 1.15
1994:Q2 5.89 0.54 0.61 1.15
1994:Q3 5.91 0.54 0.61 1.15
1994:Q4 6.25 0.54 0.61 1.15
1995:Q1 6.26 0.54 0.62 1.16
1995:Q2 6.55 0.55 0.62 1.17
1995:Q3 6.64 0.55 0.63 1.17
1995:Q4 6.26 0.55 0.63 1.18
1996:Q1 6.38 0.55 0.64 1.18
1996:Q2 6.31 0.54 0.64 1.18
1996:Q3 6.10 0.55 0.64 1.18
1996:Q4 5.83 0.54 0.64 1.18
1997:Q1 5.72 0.54 0.64 1.18
1997:Q2 5.79 0.54 0.64 1.18
1997:Q3 6.44 0.55 0.64 1.19
1997:Q4 6.86 0.55 0.64 1.19
1998:Q1 7.56 0.56 0.64 1.21
1998:Q2 8.39 0.57 0.65 1.22
1998:Q3 8.22 0.58 0.65 1.23
1998:Q4 8.83 0.58 0.65 1.23
1999:Q1 9.07 0.59 0.66 1.25
1999:Q2 8.56 0.60 0.66 1.26
1999:Q3 9.59 0.61 0.67 1.27
1999:Q4 9.51 0.61 0.66 1.27
2000:Q1 9.70 0.62 0.68 1.29
2000:Q2 9.96 0.62 0.67 1.29
2000:Q3 9.21 0.62 0.68 1.31
2000:Q4 8.65 0.63 0.69 1.31
2001:Q1 6.97 0.63 0.69 1.33
2001:Q2 6.76 0.63 0.70 1.34
2001:Q3 6.88 0.64 0.73 1.37
2001:Q4 6.43 0.64 0.73 1.37
2002:Q1 6.97 0.64 0.74 1.38
2002:Q2 6.06 0.64 0.75 1.38
2002:Q3 5.20 0.63 0.76 1.39
2002:Q4 5.92 0.63 0.77 1.41
2003:Q1 5.86 0.63 0.79 1.41
2003:Q2 6.84 0.62 0.81 1.43
2003:Q3 7.16 0.61 0.81 1.42
2003:Q4 6.72 0.60 0.82 1.42
2004:Q1 7.31 0.61 0.83 1.43
2004:Q2 7.00 0.60 0.84 1.44
2004:Q3 7.25 0.60 0.84 1.45
2004:Q4 8.28 0.60 0.86 1.46
2005:Q1 7.95 0.60 0.86 1.46
2005:Q2 8.25 0.60 0.88 1.48
2005:Q3 8.41 0.60 0.88 1.49
2005:Q4 8.08 0.61 0.89 1.50
2006:Q1 8.95 0.61 0.90 1.52
2006:Q2 9.10 0.62 0.92 1.54
2006:Q3 8.70 0.63 0.93 1.56
2006:Q4 8.77 0.64 0.94 1.58
2007:Q1 7.96 0.65 0.95 1.59
2007:Q2 7.93 0.66 0.95 1.61
2007:Q3 8.15 0.68 0.96 1.63
2007:Q4 7.71 0.69 0.96 1.65
2008:Q1 7.30 0.70 0.98 1.68
2008:Q2 5.43 0.71 0.96 1.67
2008:Q3 4.37 0.72 0.97 1.69
2008:Q4 1.65 0.73 0.96 1.70
2009:Q1 -0.45 0.74 0.97 1.70
2009:Q2 -1.33 0.73 0.97 1.70
2009:Q3 -2.80 0.72 0.96 1.68
2009:Q4 -2.72 0.70 0.95 1.64
2010:Q1 -2.40 0.69 0.93 1.62
2010:Q2 -2.38 0.68 0.92 1.59
2010:Q3 -1.76 0.67 0.90 1.58
2010:Q4 -1.40 0.66 0.89 1.55
2011:Q1 -0.95 0.66 0.89 1.55
2011:Q2 -0.54 0.65 0.87 1.53
2011:Q3 -0.58 0.65 0.86 1.51
2011:Q4 0.25 0.65 0.85 1.50
2012:Q1 0.61 0.65 0.84 1.49
2012:Q2 1.03 0.65 0.83 1.48
2012:Q3 1.51 0.65 0.82 1.48
2012:Q4 2.16 0.66 0.82 1.49
2013:Q1 2.11 0.66 0.82 1.48
2013:Q2 2.17 0.66 0.81 1.48
2013:Q3 2.80 0.67 0.81 1.48
2013:Q4 2.35 0.66 0.80 1.46
2014:Q1 2.78 0.67 0.80 1.47
2014:Q2 3.40 0.67 0.80 1.47
2014:Q3 3.39 0.67 0.79 1.46
2014:Q4 3.87 0.68 0.79 1.46
2015:Q1 4.03 0.68 0.79 1.47
2015:Q2 4.23 0.69 0.79 1.47
2015:Q3 3.99 0.69 0.78 1.47
2015:Q4 4.10 0.70 0.78 1.48
2016:Q1 4.45 0.71 0.79 1.50
2016:Q2 4.11 0.71 0.79 1.50
2016:Q3 4.48 0.72 0.78 1.50
2016:Q4 4.14 0.71 0.78 1.50

Note: The data extend through 2016:Q4. The shaded bars indicate periods of business recession as defined by the National Bureau of Economic Research: July 1981-November 1982, July 1990-March 1991, March 2001-November 2001, and December 2007-June 2009. GDP is gross domestic product.

Source: Federal Reserve Board, Statistical Release Z.1, "Financial Accounts of the United States"; Bureau of Economic Analysis, national income and product accounts; Board staff calculations.

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Figure 10. Gross leverage for speculative-grade and investment-grade firms, 2000-16

Quarterly
Percent of assets

Period Speculative-grade Investment-grade
2000:Q1 37.96 28.10
2000:Q2 37.31 27.52
2000:Q3 36.27 27.37
2000:Q4 36.81 27.44
2001:Q1 38.23 27.02
2001:Q2 39.02 26.89
2001:Q3 38.17 27.06
2001:Q4 39.24 27.74
2002:Q1 39.54 28.48
2002:Q2 37.97 27.82
2002:Q3 37.86 27.47
2002:Q4 37.93 27.01
2003:Q1 37.77 26.67
2003:Q2 37.66 25.59
2003:Q3 36.70 25.22
2003:Q4 36.48 23.95
2004:Q1 35.30 23.84
2004:Q2 34.80 23.24
2004:Q3 34.96 22.63
2004:Q4 34.16 22.45
2005:Q1 34.10 22.42
2005:Q2 32.58 22.36
2005:Q3 31.41 21.68
2005:Q4 32.13 21.53
2006:Q1 32.97 21.86
2006:Q2 32.73 21.87
2006:Q3 32.94 21.73
2006:Q4 34.40 21.24
2007:Q1 34.98 21.29
2007:Q2 34.61 21.69
2007:Q3 35.41 21.83
2007:Q4 35.73 22.24
2008:Q1 36.41 22.44
2008:Q2 36.16 22.47
2008:Q3 38.37 23.02
2008:Q4 40.40 24.37
2009:Q1 40.61 25.05
2009:Q2 38.72 24.60
2009:Q3 36.85 23.91
2009:Q4 37.55 23.29
2010:Q1 36.46 23.44
2010:Q2 36.46 23.36
2010:Q3 36.59 23.10
2010:Q4 36.16 22.88
2011:Q1 36.04 22.90
2011:Q2 36.10 22.91
2011:Q3 36.03 23.44
2011:Q4 35.51 23.32
2012:Q1 35.90 23.29
2012:Q2 36.74 23.89
2012:Q3 36.96 23.93
2012:Q4 37.91 23.90
2013:Q1 37.64 24.11
2013:Q2 38.34 23.95
2013:Q3 38.29 24.37
2013:Q4 38.76 24.44
2014:Q1 39.34 25.14
2014:Q2 38.19 25.14
2014:Q3 38.08 25.38
2014:Q4 38.99 25.86
2015:Q1 39.64 26.78
2015:Q2 39.77 27.60
2015:Q3 41.06 27.90
2015:Q4 40.52 29.27
2016:Q1 42.34 29.62
2016:Q2 41.89 29.85
2016:Q3 41.62 30.03
2016:Q4 41.01 29.98

Note: The data extend through 2016:Q4. Gross leverage is the ratio of the book value of total debt to the book value of total assets.

Source: Standard & Poor's Compustat.

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Federal Reserve Banks

Figure 1. Aggregate daylight overdrafts, 2007-16

Billions of dollars

Period Average daylight overdrafts Peak daylight overdrafts
2007:Q1 57 153
2007:Q2 57 149
2007:Q3 62 161
2007:Q4 66 170
2008:Q1 69 180
2008:Q2 71 187
2008:Q3 65 175
2008:Q4 40 131
2009:Q1 13 65
2009:Q2 10 52
2009:Q3 11 59
2009:Q4 6 46
2010:Q1 5 46
2010:Q2 6 58
2010:Q3 7 69
2010:Q4 7 64
2011:Q1 4 56
2011:Q2 1 35
2011:Q3 1 11
2011:Q4 1 15
2012:Q1 2 29
2012:Q2 3 24
2012:Q3 2 11
2012:Q4 2 13
2013:Q1 3 24
2013:Q2 2 9
2013:Q3 2 11
2013:Q4 1 6
2014:Q1 2 10
2014:Q2 2 9
2014:Q3 2 9
2014:Q4 1 7
2015:Q1 1 5
2015:Q2 1 4
2015:Q3 1 6
2015:Q4 1 6
2016:Q1 2 7
2016:Q2 2 8
2016:Q3 2 6
2016:Q4 1 6

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Federal Reserve System Budgets

Figure 1. Distribution of budgeted expenses of the Federal Reserve System, 2017
  Percent
Reserve Banks 74.1
Board of Governors and OIG 13.4
Currency 12.5

OIG Office of Inspector General. Return to table

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Figure 2. Total expenses of the Federal Reserve System, 2007-17

Billions of dollars

Year Current dollars 2009 dollars1
2007 3.883 4.027
2008 3.872 3.884
2009 4.041 4.041
2010 4.243 4.180
2011 4.364 4.208
2012 4.696 4.433
2013 4.850 4.513
2014 5.050 4.632
2015 5.237 4.736
2016 5.453 4.835
2017 5.817 5.053

Note: For 2017, budgeted.

1 Calculated with the GDP price deflator. Return to table

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Figure 3. Cumulative change in Federal Reserve System expenses and federal government expenses, 2007-17

Percent

Year Federal government1 Federal Reserve2
2007 0.00 0.00
2008 5.81 -0.27
2009 17.64 4.08
2010 33.34 9.28
2011 31.19 12.38
2012 24.69 20.93
2013 16.75 24.91
2014 17.93 30.07
2015 18.55 34.87
2016 27.10 40.42
2017 26.57 49.81

Note: For 2017, budgeted. Federal government expenses are reported on a fiscal-year basis beginning October 1; the Federal Reserve System expenses are reported on a calendar-year basis.

1 Discretionary spending less expenditures on defense. Source: Budget of the United States Government, Fiscal Year 2017: Historical Tables, Table 8.1. Outlays by Budget Enforcement Act Category, 1962-2021. Return to table

2 Includes expenses of the Office of Inspector General. Return to table

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Figure 4. Employment in the Federal Reserve System, 2007-17
Year Number of persons
2007 21463
2008 20745
2009 20049
2010 19669
2011 20016
2012 20768
2013 21392
2014 21489
2015 21811
2016 22249
2017 22801

Note: For 2017, budgeted. Employment numbers presented include position counts for the Board and average number of personnel (ANP) for the Reserve Banks.

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Figure 5. Federal Reserve costs for currency, 2007-17
Year Millions of dollars
2007 576
2008 500
2009 502
2010 623
2011 650
2012 721
2013 717
2014 707
2015 689
2016 701
2017 726

Note: For 2017, budgeted.

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Data values are rounded and may not sum to totals.

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Last Update: September 22, 2017