Saturday, July 23, 2011

M2 Money Stock Up Up and Away (Chart, 722)


Current M2 (Money Supply) reading $9258.9 Billion versus $8596.1 a year ago.

By Bob DeMarco

All American Investor

M2 includes a broader set of financial assets held principally by households. M2 consists of M1 plus:
(1) savings deposits (which include money market deposit accounts, or MMDAs);
(2) small-denomination time deposits (time deposits in amounts of less than $100,000);
and (3) balances in retail money market mutual funds (MMMFs).

Seasonally adjusted M2 is computed by summing savings deposits, small-denomination time deposits, and retail MMMFs, each seasonally adjusted separately, and adding this result to seasonally adjusted M1.


Current reading $9258.9 Billion versus $8596.1 a year ago.


Source(s): Board of Governors of the Federal Reserve System
Release: H.6 Money Stock Measures
Units: Billions of Dollars
Frequency: Weekly, Ending Monday


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Original content Bob DeMarco, All American Investor

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