Sunday, June 30, 2013

Money Supply, M2, 10,594.2 Billions of Dollars


Current M2 10,594.2 Billions of Dollars, versus 9912.1 Billions of Dollars one year ago, and 5962.3 Billions of Dollars ten years ago.


Updated: 2013-06-28

Last Five Reading
2013-05-20 10541.2
2013-05-27 10557.8
2013-06-03 10579.1
2013-06-10 10590.3
2013-06-17 10594.2

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.

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Original content +Bob DeMarco , All American Investor