Month Billions Of Dollars 1914-11-01 0.252000 1914-12-01 0.259000 1915-01-01 0.255000 1915-02-01 0.280000 1915-03-01 0.268000 1915-04-01 0.267000 1915-05-01 0.278000 1915-06-01 0.292000 1915-07-01 0.289000 1915-08-01 0.287000 1915-09-01 0.302000 1915-10-01 0.310000 1915-11-01 0.340000 1915-12-01 0.357000 1916-01-01 0.363000 1916-02-01 0.357000 1916-03-01 0.351000 1916-04-01 0.331000 1916-05-01 0.335000 1916-06-01 0.382000 1916-07-01 0.396000 1916-08-01 0.382000 1916-09-01 0.386000 1916-10-01 0.402000 1916-11-01 0.440000 1916-12-01 0.451000 1917-01-01 0.510000 1917-02-01 0.511000 1917-03-01 0.564000 1917-04-01 0.565000 1917-05-01 0.580000 1917-06-01 0.860000 1917-07-01 1.40000 1917-08-01 1.42100 1917-09-01 1.43800 1917-10-01 1.51400 1917-11-01 1.63900 1917-12-01 1.70000 1918-01-01 1.76200 1918-02-01 1.81000 1918-03-01 1.85500 1918-04-01 1.89000 1918-05-01 1.94900 1918-06-01 1.99300 1918-07-01 2.02300 1918-08-01 2.04900 1918-09-01 2.07400 1918-10-01 2.08700 1918-11-01 2.11100 1918-12-01 2.13400 1919-01-01 2.17000 1919-02-01 2.18000 1919-03-01 2.20000 1919-04-01 2.22000 1919-05-01 2.25000 1919-06-01 2.25000 1919-07-01 2.18000 1919-08-01 2.15000 1919-09-01 2.16000 1919-10-01 2.20000 1919-11-01 2.18000 1919-12-01 2.15000 1920-01-01 2.10000 1920-02-01 2.06000 1920-03-01 2.06000 1920-04-01 2.08000 1920-05-01 2.08000 1920-06-01 2.10000 1920-07-01 2.12000 1920-08-01 2.13000 1920-09-01 2.13000 1920-10-01 2.16000 1920-11-01 2.18000 1920-12-01 2.22000 1921-01-01 2.29000 1921-02-01 2.34000 1921-03-01 2.40000 1921-04-01 2.48000 1921-05-01 2.54000 1921-06-01 2.61000 1921-07-01 2.66000 1921-08-01 2.74000 1921-09-01 2.84000 1921-10-01 2.91000 1921-11-01 2.96000 1921-12-01 3.00000 1922-01-01 3.04000 1922-02-01 3.07000 1922-03-01 3.10000 1922-04-01 3.12000 1922-05-01 3.13000 1922-06-01 3.14000 1922-07-01 3.16000 1922-08-01 3.20000 1922-09-01 3.19000 1922-10-01 3.21000 1922-11-01 3.21000 1922-12-01 3.17000 1923-01-01 3.20000 1923-02-01 3.21000 1923-03-01 3.19000 1923-04-01 3.18000 1923-05-01 3.18000 1923-06-01 3.20000 1923-07-01 3.18000 1923-08-01 3.19000 1923-09-01 3.19000 1923-10-01 3.19000 1923-11-01 3.20000 1923-12-01 3.17000 1924-01-01 3.24000 1924-02-01 3.24000 1924-03-01 3.22000 1924-04-01 3.20000 1924-05-01 3.22000 1924-06-01 3.25000 1924-07-01 3.25000 1924-08-01 3.21000 1924-09-01 3.16000 1924-10-01 3.12000 1924-11-01 3.13000 1924-12-01 3.06000 1925-01-01 3.07000 1925-02-01 3.04000 1925-03-01 3.00000 1925-04-01 2.98000 1925-05-01 2.98000 1925-06-01 2.95000 1925-07-01 2.92000 1925-08-01 2.90000 1925-09-01 2.87000 1925-10-01 2.87000 1925-11-01 2.88000 1925-12-01 2.81000 1926-01-01 2.92000 1926-02-01 2.93000 1926-03-01 2.93000 1926-04-01 2.93000 1926-05-01 2.95000 1926-06-01 2.98000 1926-07-01 2.97000 1926-08-01 2.97000 1926-09-01 2.95000 1926-10-01 2.94000 1926-11-01 2.96000 1926-12-01 2.93000 1927-01-01 3.06000 1927-02-01 3.14000 1927-03-01 3.17000 1927-04-01 3.18000 1927-05-01 3.19000 1927-06-01 3.17000 1927-07-01 3.16000 1927-08-01 3.15000 1927-09-01 3.12000 1927-10-01 3.09000 1927-11-01 3.01000 1927-12-01 2.89000 1928-01-01 2.94000 1928-02-01 2.97000 1928-03-01 2.94000 1928-04-01 2.88000 1928-05-01 2.81000 1928-06-01 2.73000 1928-07-01 2.73000 1928-08-01 2.75000 1928-09-01 2.75000 1928-10-01 2.75000 1928-11-01 2.77000 1928-12-01 2.72000 1929-01-01 2.78000 1929-02-01 2.83000 1929-03-01 2.85000 1929-04-01 2.94000 1929-05-01 2.99000 1929-06-01 3.01000 1929-07-01 3.08000 1929-08-01 3.12000 1929-09-01 3.14000 1929-10-01 3.16000 1929-11-01 3.17000 1929-12-01 3.04000 1930-01-01 3.12000 1930-02-01 3.16000 1930-03-01 3.20000 1930-04-01 3.21000 1930-05-01 3.23000 1930-06-01 3.21000 1930-07-01 3.17000 1930-08-01 3.10000 1930-09-01 3.11000 1930-10-01 3.14000 1930-11-01 3.16000 1930-12-01 3.09000 1931-01-01 3.20000 1931-02-01 3.25000 1931-03-01 3.28000 1931-04-01 3.31000 1931-05-01 3.37000 1931-06-01 3.49000 1931-07-01 3.58000 1931-08-01 3.62000 1931-09-01 3.56000 1931-10-01 3.02000 1931-11-01 3.02000 1931-12-01 3.13000 1932-01-01 3.18000 1932-02-01 3.16000 1932-03-01 3.19000 1932-04-01 3.23000 1932-05-01 3.12000 1932-06-01 2.80000 1932-07-01 2.79000 1932-08-01 2.91000 1932-09-01 3.03000 1932-10-01 3.14000 1932-11-01 3.22000 1932-12-01 3.28000 1933-01-01 3.42000 1933-02-01 3.36000 1933-03-01 3.15000 1933-04-01 3.55000 1933-05-01 3.77000 1933-06-01 3.81000 1933-07-01 3.81000 1933-08-01 3.82000 1933-09-01 3.81000 1933-10-01 3.81000 1933-11-01 3.79000 1933-12-01 3.77000 1934-01-01 3.80000 1934-02-01 3.87000 1934-03-01 4.45000 1934-04-01 4.68000 1934-05-01 4.86000 1934-06-01 5.01000 1934-07-01 5.08000 1934-08-01 5.20000 1934-09-01 5.20000 1934-10-01 5.20000 1934-11-01 5.27000 1934-12-01 5.36000 1935-01-01 5.52000 1935-02-01 5.75000 1935-03-01 5.82000 1935-04-01 5.91000 1935-05-01 6.05000 1935-06-01 6.29000 1935-07-01 6.49000 1935-08-01 6.63000 1935-09-01 6.77000 1935-10-01 7.09000 1935-11-01 7.40000 1935-12-01 7.76000 1936-01-01 7.94000 1936-02-01 8.02000 1936-03-01 8.02000 1936-04-01 8.02000 1936-05-01 8.08000 1936-06-01 8.23000 1936-07-01 8.46000 1936-08-01 8.54000 1936-09-01 8.64000 1936-10-01 8.83000 1936-11-01 8.98000 1936-12-01 9.08000 1937-01-01 9.16000 1937-02-01 9.14000 1937-03-01 9.12000 1937-04-01 9.13000 1937-05-01 9.14000 1937-06-01 9.15000 1937-07-01 9.15000 1937-08-01 9.15000 1937-09-01 9.31000 1937-10-01 9.44000 1937-11-01 9.45000 1937-12-01 9.44000 1938-01-01 9.53000 1938-02-01 9.59000 1938-03-01 9.67000 1938-04-01 10.4800 1938-05-01 11.0600 1938-06-01 11.0400 1938-07-01 11.0400 1938-08-01 11.0300 1938-09-01 11.0700 1938-10-01 11.5000 1938-11-01 11.7700 1938-12-01 12.0600 1939-01-01 12.3100 1939-02-01 12.4700 1939-03-01 12.6900 1939-04-01 13.1800 1939-05-01 13.6000 1939-06-01 13.7800 1939-07-01 13.9900 1939-08-01 14.3900 1939-09-01 14.8900 1939-10-01 15.0900 1939-11-01 15.2200 1939-12-01 15.3800 1940-01-01 15.8100 1940-02-01 16.0800 1940-03-01 16.3200 1940-04-01 16.6500 1940-05-01 17.0900 1940-06-01 17.7100 1940-07-01 18.4000 1940-08-01 18.7800 1940-09-01 19.1000 1940-10-01 19.4500 1940-11-01 19.7500 1940-12-01 19.9200 1941-01-01 20.2000 1941-02-01 20.2700 1941-03-01 20.4300 1941-04-01 20.4700 1941-05-01 20.5800 1941-06-01 20.6100 1941-07-01 20.5900 1941-08-01 20.5900 1941-09-01 20.6000 1941-10-01 20.8000 1941-11-01 20.8300 1941-12-01 20.7700 1942-01-01 20.8600 1942-02-01 20.8700 1942-03-01 20.8400 1942-04-01 20.8300 1942-05-01 20.8100 1942-06-01 20.8300 1942-07-01 20.8300 1942-08-01 20.8100 1942-09-01 20.8000 1942-10-01 20.8200 1942-11-01 20.8100 1942-12-01 20.8700 1943-01-01 20.9300 1943-02-01 20.8700 1943-03-01 20.8300 1943-04-01 20.6900 1943-05-01 20.6400 1943-06-01 20.6000 1943-07-01 20.5400 1943-08-01 20.4500 1943-09-01 20.3600 1943-10-01 20.3000 1943-11-01 20.2300 1943-12-01 20.1400 1944-01-01 20.1100 1944-02-01 19.9600 1944-03-01 19.7900 1944-04-01 19.5800 1944-05-01 19.4300 1944-06-01 19.3100 1944-07-01 19.1700 1944-08-01 19.0800 1944-09-01 18.9700 1944-10-01 18.8300 1944-11-01 18.7800 1944-12-01 18.7100 1945-01-01 18.6800 1945-02-01 18.6100 1945-03-01 18.5400 1945-04-01 18.4800 1945-05-01 18.4000 1945-06-01 18.3300 1945-07-01 18.2400 1945-08-01 18.1600 1945-09-01 18.1400 1945-10-01 18.1100 1945-11-01 18.1000 1945-12-01 18.1000 1946-01-01 18.2700 1946-02-01 18.3600 1946-03-01 18.4200 1946-04-01 18.4200 1946-05-01 18.3800 1946-06-01 18.3700 1946-07-01 18.4000 1946-08-01 18.4000 1946-09-01 18.3900 1946-10-01 18.4600 1946-11-01 18.5400 1946-12-01 18.6000 1947-01-01 18.8300 1947-02-01 19.0500 1947-03-01 19.5100 1947-04-01 19.6600 1947-05-01 19.8800 1947-06-01 20.1100 1947-07-01 20.4600 1947-08-01 20.7000 1947-09-01 20.9400 1947-10-01 21.2000 1947-11-01 21.5200 1947-12-01 21.7300 1948-01-01 21.9300 1948-02-01 22.1000 1948-03-01 22.2200 1948-04-01 22.2300 1948-05-01 22.2700 1948-06-01 22.4700 1948-07-01 22.6100 1948-08-01 22.7000 1948-09-01 22.8400 1948-10-01 22.9600 1948-11-01 23.1100 1948-12-01 23.2000 1949-01-01 23.3500 1949-02-01 23.4000 1949-03-01 23.4000 1949-04-01 23.3700 1949-05-01 23.3800 1949-06-01 23.4800