Source: National Bureau of Economic Research  

Release: NBER Macrohistory Database  

Units:  Millions of Dollars, Not Seasonally Adjusted

Frequency:  Monthly

Series Is Presented Here As Three Variables--(1)--Original Data, 1918-1934 (2)--Original Data, 1929-1941 (3)--Original Data, 1944-1949. Data For 1918 Were Estimated From Monthly Averages Of Weekly Data Of Bills Discounted By The Federal Reserve Bank Of New York. All Data Are Also Monthly Averages Of Weekly Figures. Source: Federal Reserve Board, Data For 1918 Were Estimated By NBER From Frb Annual Report Of 1918, P. 380. Data For 1919-1934: Banking And Monetary Statistics, Pp. 399-400.

This NBER data series m14122a appears on the NBER website in Chapter 14 at http://www.nber.org/databases/macrohistory/contents/chapter14.html.

NBER Indicator: m14122a