By Federal Reserve governors and Reserve Bank presidents. Change, fourth quarter to fourth quarter, chain weighted. Average level, fourth quarter. Monthly, not seasonally adjusted. Data are seasonally adjusted.
Income is defined as personal disposable income.
Data are not seasonally adjusted. Equity-related assets are defined as corporate equities, mutual fund shares, and pension fund reserves. Last plots for M2 and M3 are January 2001. Prior to November 2000, dotted lines for M2 and M3 are FOMC-determined provisional ranges. Subsequent dotted lines represent growth rates and are for reference only.