Board of Governors of the Federal Reserve System

dollar. The sluggishness in consumer spending that emerged earlier this...dollar has been stronger on exchange markets. The higher dollar is expected

Euro-dollars through foreign branches uere substantially smaller. Interest...Euro-dollar market advanced considerably further to new record levels

CONFIDENTIAL (FR) CURRENT ECONOMIC CONDITIONS BY DISTRICT Prepared for the Federal Open Market Committee by the Staff July 1, 1980 TABLE OF

dollars 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1 Total net ...dollars 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1 Domestic 67.1

dollars 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1 Total net ...dollars 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1 Domestic 192.9

dollars 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1 Total net ...dollars 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1 Domestic 958.8

dollars 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 1 Total net ...dollars 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 1 Domestic 678.1

dollars 1946 1947 1948 1949 1950 1951 1952 1953 1954 1 Total net borrowing...dollars 1946 1947 1948 1949 1950 1951 1952 1953 1954 1 Domestic -9.0 11.8

dollars 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1 Total net ...dollars 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1 Domestic 37.4

dollars than in the same period last year. While other retailers have