The nation’s basic money supply tumbled $3.7...
- Share via
The nation’s basic money supply tumbled $3.7 billion in late September. The Federal Reserve Board reported that the money measure, known as M1, fell to a seasonally adjusted $751.5 billion in the week ended Sept. 28 from a revised $755.2 billion the previous week, originally reported as $755.8 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
