Month Billions Of Dollars 1919-01-01 1.80900 1919-02-01 1.80500 1919-03-01 1.80300 1919-04-01 1.80300 1919-05-01 1.80100 1919-06-01 1.80100 1919-07-01 1.82000 1919-08-01 1.85900 1919-09-01 1.89500 1919-10-01 1.93400 1919-11-01 1.96700 1919-12-01 1.98100 1920-01-01 1.97600 1920-02-01 1.96500 1920-03-01 1.95700 1920-04-01 1.94500 1920-05-01 1.92800 1920-06-01 1.89900 1920-07-01 1.88000 1920-08-01 1.88000 1920-09-01 1.88100 1920-10-01 1.88000 1920-11-01 1.88300 1920-12-01 1.89100 1921-01-01 1.93700 1921-02-01 1.92500 1921-03-01 1.94000 1921-04-01 1.94500 1921-05-01 1.94400 1921-06-01 1.96600 1921-07-01 1.93800 1921-08-01 1.91300 1921-09-01 1.90200 1921-10-01 1.95400 1921-11-01 1.94400 1921-12-01 1.96000 1922-01-01 1.97700 1922-02-01 1.96900 1922-03-01 1.95100 1922-04-01 1.99500 1922-05-01 2.09400 1922-06-01 2.15800 1922-07-01 2.16900 1922-08-01 2.16300 1922-09-01 2.11100 1922-10-01 2.10600 1922-11-01 2.10400 1922-12-01 2.11900 1923-01-01 2.05900 1923-02-01 2.03200 1923-03-01 2.00700 1923-04-01 1.99100 1923-05-01 1.96900 1923-06-01 1.96800 1923-07-01 1.99100 1923-08-01 1.97400 1923-09-01 1.96600 1923-10-01 1.96600 1923-11-01 1.98700 1923-12-01 1.99600 1924-01-01 2.00200 1924-02-01 1.99700 1924-03-01 2.01300 1924-04-01 2.07500 1924-05-01 2.17500 1924-06-01 2.26000 1924-07-01 2.32600 1924-08-01 2.38800 1924-09-01 2.43200 1924-10-01 2.55000 1924-11-01 2.64500 1924-12-01 2.63600 1925-01-01 2.59400 1925-02-01 2.58300 1925-03-01 2.56200 1925-04-01 2.62000 1925-05-01 2.64600 1925-06-01 2.65500 1925-07-01 2.66300 1925-08-01 2.64700 1925-09-01 2.63600 1925-10-01 2.64700 1925-11-01 2.63100 1925-12-01 2.59700 1926-01-01 2.60400 1926-02-01 2.61000 1926-03-01 2.66200 1926-04-01 2.68400 1926-05-01 2.74500 1926-06-01 2.78500 1926-07-01 2.78600 1926-08-01 2.75100 1926-09-01 2.74800 1926-10-01 2.72100 1926-11-01 2.72800 1926-12-01 2.77100 1927-01-01 2.80900 1927-02-01 2.83800 1927-03-01 2.93500 1927-04-01 2.93900 1927-05-01 2.97100 1927-06-01 3.06700 1927-07-01 3.06900 1927-08-01 3.02900 1927-09-01 3.04100 1927-10-01 3.04300 1927-11-01 3.09400 1927-12-01 3.11100 1928-01-01 3.11900 1928-02-01 3.10000 1928-03-01 3.16400 1928-04-01 3.15200 1928-05-01 3.17200 1928-06-01 3.17300 1928-07-01 3.12900 1928-08-01 3.04400 1928-09-01 2.99100 1928-10-01 2.91000 1928-11-01 2.90000 1928-12-01 2.92400 1929-01-01 2.94200 1929-02-01 2.93000 1929-03-01 2.90800 1929-04-01 2.89300 1929-05-01 2.87800 1929-06-01 2.83800 1929-07-01 2.78700 1929-08-01 2.77200 1929-09-01 2.75100 1929-10-01 2.75700 1929-11-01 2.85000 1929-12-01 2.86400 1930-01-01 2.82900 1930-02-01 2.77100 1930-03-01 2.80100 1930-04-01 2.90300 1930-05-01 3.00600 1930-06-01 3.15100 1930-07-01 3.29700 1930-08-01 3.39800 1930-09-01 3.43900 1930-10-01 3.57100 1930-11-01 3.70700 1930-12-01 3.66400 1931-01-01 3.60300 1931-02-01 3.71700 1931-03-01 3.74900 1931-04-01 3.83200 1931-05-01 3.86500 1931-06-01 3.76800 1931-07-01 3.67700 1931-08-01 3.63900 1931-09-01 3.64100 1931-10-01 3.60400 1931-11-01 3.50600 1931-12-01 3.41800 1932-01-01 3.26000 1932-02-01 3.20800 1932-03-01 3.19300 1932-04-01 3.25100 1932-05-01 3.28900 1932-06-01 3.25700 1932-07-01 3.20400 1932-08-01 3.19100 1932-09-01 3.22700 1932-10-01 3.28100 1932-11-01 3.30800 1932-12-01 3.28000 1933-01-01 3.27900 1933-02-01 3.29000 1933-03-01 3.16100 1933-04-01 3.13800 1933-05-01 3.08800 1933-06-01 3.06700 1933-07-01 3.06900 1933-08-01 3.06000 1933-09-01 3.05900 1933-10-01 3.08600 1933-11-01 3.09600 1933-12-01 2.98400 1934-01-01 2.88300 1934-02-01 2.85300 1934-03-01 2.96600 1934-04-01 2.99900 1934-05-01 2.93800 1934-06-01 2.97100 1934-07-01 2.97600 1934-08-01 3.05200 1934-09-01 3.10800 1934-10-01 3.07800 1934-11-01 2.96200 1934-12-01 2.98600 1935-01-01 2.97600 1935-02-01 2.99400 1935-03-01 3.02700 1935-04-01 3.08100 1935-05-01 3.09100 1935-06-01 3.00600 1935-07-01 3.04200 1935-08-01 3.09500 1935-09-01 3.11900 1935-10-01 3.12200 1935-11-01 3.05100 1935-12-01 3.02100 1936-01-01 3.09400 1936-02-01 3.17000 1936-03-01 3.23800 1936-04-01 3.34400 1936-05-01 3.31400 1936-06-01 3.33300 1936-07-01 3.34800 1936-08-01 3.32100 1936-09-01 3.32600 1936-10-01 3.28300 1936-11-01 3.20200 1936-12-01 3.24700 1937-01-01 3.24300 1937-02-01 3.28800 1937-03-01 3.31600 1937-04-01 3.25300 1937-05-01 3.19500 1937-06-01 3.11800 1937-07-01 3.03800 1937-08-01 3.01400 1937-09-01 2.96200 1937-10-01 2.95300 1937-11-01 2.90000 1937-12-01 2.87400 1938-01-01 2.89900 1938-02-01 2.96300 1938-03-01 3.03700 1938-04-01 3.08100 1938-05-01 2.96800 1938-06-01 2.99500 1938-07-01 3.04700 1938-08-01 3.11200 1938-09-01 3.18500 1938-10-01 3.27500 1938-11-01 3.21700 1938-12-01 3.22200 1939-01-01 3.21100 1939-02-01 3.26100 1939-03-01 3.25100 1939-04-01 3.34200 1939-05-01 3.27300 1939-06-01 3.29100 1939-07-01 3.24300 1939-08-01 3.34600 1939-09-01 3.36900 1939-10-01 3.35200 1939-11-01 3.34100 1939-12-01 3.36500 1940-01-01 3.32700 1940-02-01 3.41900 1940-03-01 3.48800 1940-04-01 3.50400 1940-05-01 3.49600 1940-06-01 3.54200 1940-07-01 3.56500 1940-08-01 3.64200 1940-09-01 3.68300 1940-10-01 3.66900 1940-11-01 3.58700 1940-12-01 3.64100 1941-01-01 3.67700 1941-02-01 3.77000 1941-03-01 3.79600 1941-04-01 3.79300 1941-05-01 3.71100 1941-06-01 3.65200 1941-07-01 3.56900 1941-08-01 3.70300 1941-09-01 3.76700 1941-10-01 3.75900 1941-11-01 3.67700 1941-12-01 3.66100 1942-01-01 3.67300 1942-02-01 3.69700 1942-03-01 3.73000 1942-04-01 3.71700 1942-05-01 3.63800 1942-06-01 3.53500 1942-07-01 3.40500 1942-08-01 3.44800 1942-09-01 3.49800 1942-10-01 3.47600 1942-11-01 3.32300 1942-12-01 3.28800 1943-01-01 3.28700 1943-02-01 3.26700 1943-03-01 3.26100 1943-04-01 3.21900 1943-05-01 3.08800 1943-06-01 3.06900 1943-07-01 2.96300 1943-08-01 2.91100 1943-09-01 2.94900 1943-10-01 2.92200 1943-11-01 2.83700 1943-12-01 2.79000 1944-01-01 2.78700 1944-02-01 2.83200 1944-03-01 2.87300 1944-04-01 2.88500 1944-05-01 2.84200 1944-06-01 2.90200 1944-07-01 2.91300 1944-08-01 2.94700 1944-09-01 2.96200 1944-10-01 2.90800 1944-11-01 2.87500 1944-12-01 2.90100 1945-01-01 2.88900 1945-02-01 2.95400 1945-03-01 2.98300 1945-04-01 3.08000 1945-05-01 3.03300 1945-06-01 3.11300 1945-07-01 3.16300 1945-08-01 3.31900 1945-09-01 3.34900 1945-10-01 3.28600 1945-11-01 3.23900 1945-12-01 3.29600 1946-01-01 3.37400 1946-02-01 3.40600 1946-03-01 3.44200 1946-04-01 3.42900 1946-05-01 3.38500 1946-06-01 3.37500 1946-07-01 3.45000 1946-08-01 3.44800 1946-09-01 3.47900 1946-10-01 3.46400 1946-11-01 3.38800 1946-12-01 3.39600 1947-01-01 3.38900 1947-02-01 3.38200 1947-03-01 3.48900 1947-04-01 3.54600 1947-05-01 3.47200 1947-06-01 3.53000