Month Billions Of Dollars: Seasonally Adjusted By Nber 1907-05-01 11.6600 1907-06-01 11.6200 1907-07-01 11.6000 1907-08-01 11.5500 1907-09-01 11.3700 1907-10-01 11.2700 1907-11-01 11.1600 1907-12-01 11.0400 1908-01-01 10.9100 1908-02-01 10.8000 1908-03-01 10.8900 1908-04-01 10.9700 1908-05-01 11.0900 1908-06-01 11.2200 1908-07-01 11.3500 1908-08-01 11.4700 1908-09-01 11.5800 1908-10-01 11.7400 1908-11-01 11.9000 1908-12-01 11.9800 1909-01-01 12.0800 1909-02-01 12.1400 1909-03-01 12.2200 1909-04-01 12.3400 1909-05-01 12.4500 1909-06-01 12.5800 1909-07-01 12.6400 1909-08-01 12.7400 1909-09-01 12.8300 1909-10-01 12.8800 1909-11-01 12.9100 1909-12-01 13.0000 1910-01-01 12.9900 1910-02-01 13.0600 1910-03-01 13.1500 1910-04-01 13.1100 1910-05-01 13.0900 1910-06-01 13.1200 1910-07-01 13.0900 1910-08-01 13.1400 1910-09-01 13.2900 1910-10-01 13.4200 1910-11-01 13.4500 1910-12-01 13.4900 1911-01-01 13.5500 1911-02-01 13.6100 1911-03-01 13.6700 1911-04-01 13.8500 1911-05-01 13.9300 1911-06-01 13.9600 1911-07-01 14.0400 1911-08-01 14.0500 1911-09-01 14.1300 1911-10-01 14.2800 1911-11-01 14.4000 1911-12-01 14.4600 1912-01-01 14.5700 1912-02-01 14.6500 1912-03-01 14.7500 1912-04-01 14.8100 1912-05-01 14.9000 1912-06-01 15.0000 1912-07-01 15.0400 1912-08-01 15.1000 1912-09-01 15.1400 1912-10-01 15.2500 1912-11-01 15.3200 1912-12-01 15.3300 1913-01-01 15.3800 1913-02-01 15.4600 1913-03-01 15.4200 1913-04-01 15.4800 1913-05-01 15.4400 1913-06-01 15.4000 1913-07-01 15.3800 1913-08-01 15.5100 1913-09-01 15.6800 1913-10-01 15.7800 1913-11-01 15.7900 1913-12-01 15.8200 1914-01-01 15.8600 1914-02-01 15.9000 1914-03-01 15.9900 1914-04-01 15.9900 1914-05-01 16.1900 1914-06-01 16.1500 1914-07-01 16.1400 1914-08-01 16.2000 1914-09-01 16.5100 1914-10-01 16.5300 1914-11-01 16.3600 1914-12-01 16.3200 1915-01-01 16.4600 1915-02-01 16.6100 1915-03-01 16.7100 1915-04-01 16.8100 1915-05-01 16.9800 1915-06-01 17.1400 1915-07-01 17.2500 1915-08-01 17.3600 1915-09-01 17.7800 1915-10-01 18.4500 1915-11-01 18.6500 1915-12-01 18.9800 1916-01-01 19.3100 1916-02-01 19.5900 1916-03-01 19.7200 1916-04-01 20.0100 1916-05-01 20.2500 1916-06-01 20.3500 1916-07-01 20.6200 1916-08-01 20.8800 1916-09-01 21.2700 1916-10-01 21.6400 1916-11-01 22.0500 1916-12-01 22.5000 1917-01-01 22.9500 1917-02-01 23.1400 1917-03-01 23.4300 1917-04-01 23.6600 1917-05-01 23.9800 1917-06-01 23.9400 1917-07-01 24.4500 1917-08-01 24.6400 1917-09-01 24.5400 1917-10-01 24.5000 1917-11-01 24.7300 1917-12-01 25.7400 1918-01-01 25.5400 1918-02-01 25.3000 1918-03-01 25.9500 1918-04-01 26.0500 1918-05-01 25.4100 1918-06-01 25.8400 1918-07-01 26.1800 1918-08-01 26.5900 1918-09-01 27.5600 1918-10-01 27.0400 1918-11-01 27.6100 1918-12-01 28.9500 1919-01-01 28.6900 1919-02-01 28.5700 1919-03-01 29.3800 1919-04-01 29.7200 1919-05-01 29.8000 1919-06-01 30.3200 1919-07-01 30.9500 1919-08-01 31.3800 1919-09-01 31.9000 1919-10-01 32.6800 1919-11-01 33.1000 1919-12-01 33.5100 1920-01-01 33.6200 1920-02-01 34.1600 1920-03-01 34.6500 1920-04-01 34.6600 1920-05-01 34.7200 1920-06-01 34.7100 1920-07-01 34.7200 1920-08-01 34.7700 1920-09-01 34.7800 1920-10-01 34.6300 1920-11-01 34.2300 1920-12-01 34.5200 1921-01-01 33.9100 1921-02-01 33.6400 1921-03-01 33.1000 1921-04-01 32.7500 1921-05-01 32.6600 1921-06-01 32.2100 1921-07-01 31.9000 1921-08-01 31.9900 1921-09-01 31.7400 1921-10-01 31.9300 1921-11-01 31.9800 1921-12-01 31.9000 1922-01-01 31.6600 1922-02-01 32.0400 1922-03-01 32.1700 1922-04-01 32.8700 1922-05-01 33.1400 1922-06-01 33.6500 1922-07-01 34.0100 1922-08-01 34.2100 1922-09-01 34.4900 1922-10-01 34.7400 1922-11-01 34.7300 1922-12-01 35.7000 1923-01-01 35.5900 1923-02-01 35.8300 1923-03-01 35.8200 1923-04-01 36.2000 1923-05-01 36.4600 1923-06-01 36.4100 1923-07-01 36.3800 1923-08-01 36.4200 1923-09-01 36.6000 1923-10-01 36.7900 1923-11-01 36.9000 1923-12-01 37.0700 1924-01-01 36.9200 1924-02-01 37.0400 1924-03-01 37.1800 1924-04-01 37.4200 1924-05-01 37.6300 1924-06-01 37.9900 1924-07-01 38.4400 1924-08-01 38.8800 1924-09-01 39.3200 1924-10-01 39.6000 1924-11-01 40.0900 1924-12-01 39.9600 1925-01-01 40.4400 1925-02-01 40.7600 1925-03-01 40.7800 1925-04-01 40.9700 1925-05-01 41.3100 1925-06-01 41.6900 1925-07-01 41.8700 1925-08-01 42.4600 1925-09-01 42.8900 1925-10-01 42.9800 1925-11-01 43.0000 1925-12-01 43.0300 1926-01-01 43.1900 1926-02-01 43.3400 1926-03-01 43.2700 1926-04-01 43.1400 1926-05-01 43.5000 1926-06-01 43.5400 1926-07-01 43.3700 1926-08-01 43.5600 1926-09-01 43.4800 1926-10-01 43.3200 1926-11-01 43.3600 1926-12-01 43.0100 1927-01-01 43.3400 1927-02-01 43.7900 1927-03-01 43.9900 1927-04-01 44.0100 1927-05-01 44.6200 1927-06-01 44.3800 1927-07-01 44.5200 1927-08-01 44.7200 1927-09-01 44.6500 1927-10-01 44.8300 1927-11-01 45.6000 1927-12-01 44.9600 1928-01-01 45.6500 1928-02-01 45.8300 1928-03-01 46.1000 1928-04-01 46.5500 1928-05-01 46.4700 1928-06-01 45.8600 1928-07-01 45.9700 1928-08-01 45.8200 1928-09-01 45.9800 1928-10-01 46.3400 1928-11-01 46.4500 1928-12-01 46.5700 1929-01-01 46.1900 1929-02-01 46.2900 1929-03-01 46.2100 1929-04-01 46.1100 1929-05-01 45.8100 1929-06-01 45.9200 1929-07-01 46.4000 1929-08-01 46.2800 1929-09-01 46.3300 1929-10-01 48.1600 1929-11-01 45.0400 1929-12-01 45.8700 1930-01-01 45.3000 1930-02-01 45.4600 1930-03-01 46.1500 1930-04-01 45.6400 1930-05-01 45.1700 1930-06-01 45.3000 1930-07-01 45.3400 1930-08-01 45.0900 1930-09-01 45.0800 1930-10-01 45.0500 1930-11-01 44.7400 1930-12-01 44.0500 1931-01-01 43.6500 1931-02-01 43.9400 1931-03-01 43.8800 1931-04-01 43.4600 1931-05-01 42.9200 1931-06-01 42.6000 1931-07-01 42.3100 1931-08-01 41.5700 1931-09-01 40.9300 1931-10-01 39.3600 1931-11-01 38.4500 1931-12-01 37.3400 1932-01-01 36.5700 1932-02-01 36.1100 1932-03-01 35.7600 1932-04-01 35.4200 1932-05-01 34.8900 1932-06-01 34.4800 1932-07-01 34.1300 1932-08-01 34.0400 1932-09-01 33.9600 1932-10-01 34.1000 1932-11-01 34.3100 1932-12-01 34.0300 1933-01-01 34.1500 1933-02-01 32.6100 1933-03-01 29.9700 1933-04-01 29.7500 1933-05-01 30.1000 1933-06-01 30.0900 1933-07-01 30.1600 1933-08-01 30.1900 1933-09-01 30.2600 1933-10-01 30.3900 1933-11-01 30.5600 1933-12-01 30.8100 1934-01-01 30.9500 1934-02-01 31.6100 1934-03-01 32.2400 1934-04-01 32.5700 1934-05-01 32.8000 1934-06-01 33.0700 1934-07-01 33.5700 1934-08-01 34.2300 1934-09-01 34.1000 1934-10-01 34.7400 1934-11-01 35.1800 1934-12-01 35.0600 1935-01-01 36.0400 1935-02-01 36.7600 1935-03-01 36.8200 1935-04-01 37.3800 1935-05-01 37.5800 1935-06-01 38.0500 1935-07-01 38.3000 1935-08-01 39.6600 1935-09-01 39.3500 1935-10-01 39.7500 1935-11-01 40.3500 1935-12-01 40.3400 1936-01-01 40.3100 1936-02-01 40.9000 1936-03-01 40.9700 1936-04-01 41.7900 1936-05-01 42.6000 1936-06-01 43.3400 1936-07-01 43.6200 1936-08-01 43.6100 1936-09-01 44.2000 1936-10-01 44.2100 1936-11-01 44.4400 1936-12-01 44.9800 1937-01-01 44.8300 1937-02-01 45.3100 1937-03-01 45.4500 1937-04-01 45.3900 1937-05-01 45.1600 1937-06-01 45.2000 1937-07-01 45.2600 1937-08-01 45.1500 1937-09-01 45.1200 1937-10-01 44.5200 1937-11-01 44.2300 1937-12-01 43.9600 1938-01-01 44.2500 1938-02-01 44.5100 1938-03-01 44.5000 1938-04-01 44.3400 1938-05-01 43.9400 1938-06-01 44.1000 1938-07-01 44.3200 1938-08-01 45.1000 1938-09-01 45.3900 1938-10-01 45.7800 1938-11-01 46.3100 1938-12-01 46.5800 1939-01-01 46.5800 1939-02-01 46.4900 1939-03-01 46.9900 1939-04-01 47.3600 1939-05-01 47.5300 1939-06-01 47.6800 1939-07-01 48.5700 1939-08-01 49.4600 1939-09-01 50.1800 1939-10-01 50.6300 1939-11-01 51.5200 1939-12-01 51.2500 1940-01-01 51.7900 1940-02-01 52.3900 1940-03-01 53.0400 1940-04-01 52.8200 1940-05-01 53.6600 1940-06-01 54.3300 1940-07-01 54.7700 1940-08-01 54.9700 1940-09-01 55.5200 1940-10-01 56.1800 1940-11-01 56.8000 1940-12-01 57.6800 1941-01-01 58.4300 1941-02-01 59.7000 1941-03-01 60.4000 1941-04-01 60.6800 1941-05-01 61.5400 1941-06-01 61.3000 1941-07-01 62.5500 1941-08-01 62.6900 1941-09-01 63.2700 1941-10-01 63.2200 1941-11-01 63.8900 1941-12-01 64.0900 1942-01-01 65.1000 1942-02-01 65.7200 1942-03-01 66.2000 1942-04-01 67.4300 1942-05-01 68.5000 1942-06-01 69.0000 1942-07-01 71.0300 1942-08-01 72.5000 1942-09-01 73.9800 1942-10-01 76.1700 1942-11-01 77.3600 1942-12-01 78.8700 1943-01-01 81.0400 1943-02-01 83.9400 1943-03-01 86.0000 1943-04-01 85.2900 1943-05-01 86.4000 1943-06-01 90.3600 1943-07-01 93.5800 1943-08-01 97.6300 1943-09-01 90.2500 1943-10-01 91.7200 1943-11-01 95.3800 1943-12-01 99.0000 1944-01-01 97.8900 1944-02-01 99.1000 1944-03-01 100.780 1944-04-01 102.960 1944-05-01 105.460 1944-06-01 104.570 1944-07-01 105.770 1944-08-01 108.830 1944-09-01 111.140 1944-10-01 114.470 1944-11-01 117.030 1944-12-01 114.950 1945-01-01 118.430 1945-02-01 120.580 1945-03-01 122.990 1945-04-01 124.360 1945-05-01 125.400 1945-06-01 124.670 1945-07-01 127.000 1945-08-01 128.930 1945-09-01 130.990 1945-10-01 132.260 1945-11-01 133.010 1945-12-01 132.660 1946-01-01 132.500 1946-02-01 134.200 1946-03-01 134.200 1946-04-01 136.700 1946-05-01 138.100 1946-06-01 139.300 1946-07-01 140.000 1946-08-01 140.200 1946-09-01 140.900 1946-10-01 141.200 1946-11-01 141.500 1946-12-01 141.500