Sunday, June 02, 2013

M2 Money Stock (M2) 5 20 2013

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.

10,541.5 Billions of Dollars

FRED Graph

Original content +Bob DeMarco , All American Investor