M2 includes a broader set of financial assets held principally by households.
10,541.5 Billions of Dollars
Original content +Bob DeMarco , All American Investor
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
Original content +Bob DeMarco , All American Investor
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