Today we release CFS monetary and financial measures for November 2015.
CFS Divisia M4, which is the broadest and most important measure of money, demonstrated the largest increase since May 2013. CFS Divisia M4 grew by 4.6% in November 2015 on a year-over-year basis versus 3.4% in October or 2.1% for 2014.
The advance in the money supply is in part due to a recovery in the banking sector. Commercial banks’ savings deposits contributed 2.5% to the November increase; whereas demand deposits contributed an additional 0.7%.
CFS Divisia indices can be found on our website at http://www.centerforfinancialstability.org/amfm_data.php. Broad aggregates are available in spreadsheet, tabular and chart form. Narrow aggregates can be found in spreadsheet form.
For Monetary and Financial Data Release Report:
http://www.centerforfinancialstability.org/amfm/Divisia_Nov15.pdf
Bloomberg terminal users can access our monetary and financial statistics by any of the four options:
1) {ALLX DIVM }
2) {ECST T DIVMM4IY}
3) {ECST} –> ‘Monetary Sector’ –> ‘Money Supply’ –> Change Source in top right to ‘Center for Financial Stability’
4) {ECST S US MONEY SUPPLY} –> From source list on left, select ‘Center for Financial Stability’