Federal Reserve Economic Data

View data of a measure of the U.S. money supply that includes all components of M1 plus several less-liquid assets.

View data of the frequency at which one unit of currency purchases domestically produced goods and services within a given time period.

This series deflates M2 money stock (https://fred.stlouisfed.org/series/M2SL) with CPI (https://fred.stlouisfed.org/series/CPIAUCSL).

View data of a measure of the U.S. money supply that includes all components of M1 plus several less-liquid assets.

M2 comprises M1 plus (1) savings deposits (including money market deposit accounts); (2) small-denomination time deposits (time deposits in amounts of less than $100,000), less IRA and Keogh balances at other depository corporations; and (3) balances in retail money market mutual funds, less IRA and Keogh balances at money market mutual funds. Seasonally adjusted M2 is constructed by summing savings deposits, small-denomination time deposits, and retail money funds, each seasonally adjusted separately, and adding this result to seasonally adjusted M1. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

M2 comprises M1 plus time and savings deposits in national currency of resident non-bank financial corporations and non-bank non-government sectors with the PBC and banking institutions. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

M2 comprises notes and coins in circulation outside banking corporations; demand and savings deposits, fixed and installment savings deposits, time deposits, and certificates of deposit of households, nonfinancial corporations, local governments, securities companies, Tanshi companies, and some other financial corporations such as securities finance companies with banking corporations in national and foreign currency; and nonresident deposits with banking corporations in national currency. Beginning in April 2003, M2 comprises notes and coins in circulation outside depository corporations and demand and savings deposits, fixed and installment savings deposits, time deposits, and certificates of deposit of households, nonfinancial corporations, local governments, and some other financial corporations such as securities finance companies with banking corporations in national and foreign currency. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

M2 comprises M1 plus deposits with agreed maturity up to two years and deposits redeemable at notice up to three months. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

M2 refers to M1 plus money market funds, cash management accounts, short-term money in trust, securities investment savings accounts, and short-term time and savings deposits in national currency, and short-term foreign currency deposits of nonbank financial institutions, state and local governments, nonfinancial public enterprises and private sector with banking institutions, certificates of deposit, bills sold, bills issued, short-term financial debentures, and beneficial certificates issued by banking institutions in national currency held by nonbank financial institutions, state and local governments, nonfinancial public enterprises and the private sector, and repurchase agreements between banking institutions and nonbank financial institutions, state and local governments, nonfinancial public enterprises and the private sector. Short-term refers to a maturity of less than two years. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

M2 less small time deposits. Calculated by the Federal Reserve Bank of St. Louis.

Weighted average of the rates received on the interest-bearing assets included in M2. The interest-bearing assets include size of the other checkable deposits, thrift saving deposits, money market mutual fund holdings, and small time deposits that are weighted using their corresponding rates. The construction of this series was discontinued as of July 12, 2019. The underlying data can be accessed through the following sources: size of the assets can be obtained from the H.6 release (https://www.federalreserve.gov/releases/h6/current/default.htm) published by the Board of Governors, rate on the money market mutual funds from iMoneyNet (https://financialintelligence.informa.com/products-and-services/data-analysis-and-tools/imoneynet), and the remaining rates from the Weekly National Rates and Rate Caps (https://www.fdic.gov/regulations/resources/rates/index.html) from the FDIC website. Listing of the sources is provided for informational purposes only: the Federal Reserve Bank of St. Louis is not associated with any listed private entities and cannot guarantee that the listed data sources will provide the data in the future.

This series was constructed by the Bank of England as part of the Three Centuries of Macroeconomic Data project by combining data from a number of academic and official sources. For more information, please refer to the Three Centuries spreadsheet at https://www.bankofengland.co.uk/statistics/research-datasets. Users are advised to check the underlying assumptions behind this series in the relevant worksheets of the spreadsheet. In many cases alternative assumptions might be appropriate. Users are permitted to reproduce this series in their own work as it represents Bank calculations and manipulations of underlying series that are the copyright of the Bank of England provided that underlying sources are cited appropriately. For appropriate citation please see the Three Centuries spreadsheet for guidance and a list of the underlying sources.

M2 comprises M1 and other deposits in national currency of other financial corporations, state and local governments, public nonfinancial corporations, and private sector with commercial banks. Beginning December 2005, comprises M1 and other deposits in national and foreign currency with other depository corporations. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

announcements (https://www.federalreserve.gov/feeds/h6.html) provided by the source. This series is calculated as the sum of savings deposits; small-denomination time deposits; and retail money funds. Note, that there is a break in the data as weekly data for savings deposits and small-denomination at thrift institutions were not available before November 3 1980. For questions on the data, please contact the data source (https://www.federalreserve.gov/apps/ContactUs/feedback.aspx?refurl=/releases/h6/%). For questions on FRED functionality, please contact us here (https://fred.stlouisfed.org/contactus/).</p>

M2 comprises M1 plus interest-bearing deposits, savings deposits, and securities issued by depository corporations. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

The MSI measure the flow of monetary services received each period by households and firms from their holdings of monetary assets (levels of the indexes are sometimes referred to as Divisia monetary aggregates). Preferred benchmark rate equals 100 basis points plus the largest rate in the set of rates. Alternative benchmark rate equals the larger of the preferred benchmark rate and the Baa corporate bond yield. More information about the new MSI can be found at http://research.stlouisfed.org/msi/index.html.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

M2 comprises M1 plus demand (other than deposits in checking and current accounts) and time deposits in national and foreign currency of the private sector in other depository corporations, public securities (federal government, Banco de Mexico, Institute for the Protection of Bank Savings (IPAB), other public sector institutions, and local governments) held by residents, and other instruments held by pension funds. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

M2 comprises currency in circulation and demand, time, and savings deposits in national currency of other financial corporations, public nonfinancial corporations, private nonfinancial corporations, and households with the CBR and other depository corporations. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

M2 comprises M1 and savings deposits in national and foreign currency of state and local governments, public nonfinancial corporations, private sector, and residents abroad with banking institutions. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

OECD descriptor ID: MABMM201 OECD unit ID: STSA OECD country ID: USA All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

M2 comprises M1, quasi-money, and securities issued by other depository corporations held by other financial corporations, state and local governments, public nonfinancial corporations, and the private sector. Quasi-money comprises time, savings, and foreign-currency deposits that other financial corporations, state and local governments, public nonfinancial corporations, and the private sector hold in the BI and other depository corporations. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

OECD descriptor ID: MABMM201 OECD unit ID: STSA OECD country ID: CHN All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

OECD descriptor ID: MABMM201 OECD unit ID: STSA OECD country ID: GBR All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

OECD descriptor ID: MABMM201 OECD unit ID: STSA OECD country ID: KOR All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

OECD descriptor ID: MABMM203 OECD unit ID: STSA OECD country ID: CAN All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

announcement (https://www.federalreserve.gov/releases/h6/discm3.htm) provided by the source. For questions on the data, please contact the data source (https://www.federalreserve.gov/apps/ContactUs/feedback.aspx?refurl=/releases/h6/%). For questions on FRED functionality, please contact us here (https://fred.stlouisfed.org/contactus/).</p>

Preferred benchmark rate equals 100 basis points plus the largest rate in the set of rates. Alternative benchmark rate equals the larger of the preferred benchmark rate and the Baa corporate bond yield.

OECD descriptor ID: MABMM201 OECD unit ID: ST OECD country ID: CHE All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

OECD descriptor ID: MABMM201 OECD unit ID: STSA OECD country ID: JPN All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

M2 comprises M1, other short- and medium-term deposits of households, local governments, public and private nonfinancial corporations, and other financial corporations (including the PIC beginning in January 1996) with the depository corporations, and negotiable certificates of deposits and promissory notes issued by other depository corporations held by households, local governments, public and private nonfinancial corporations, other financial corporations (including the PIC beginning in January 1996), and nonresidents. Short- and medium-term (up to six month's unexpired maturity) deposits include time and savings deposits and savings bank certificates issued by the Postbank. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

The MSI measure the flow of monetary services received each period by households and firms from their holdings of monetary assets (levels of the indexes are sometimes referred to as Divisia monetary aggregates). Preferred benchmark rate equals 100 basis points plus the largest rate in the set of rates. Alternative benchmark rate equals the larger of the preferred benchmark rate and the Baa corporate bond yield.

OECD descriptor ID: MABMM201 OECD unit ID: STSA OECD country ID: SWE All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

OECD descriptor ID: MABMM201 OECD unit ID: ST OECD country ID: TUR All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Weighted average of the rates received on the interest-bearing assets included in M2 minus. The interest-bearing assets include size of the other checkable deposits, saving deposits, retail money market mutual fund holdings that are weighted using their corresponding rates. The construction of this series was discontinued as of July 12, 2019. The underlying data can be accessed through the following sources: size of the assets can be obtained from the H.6 release (https://www.federalreserve.gov/releases/h6/current/default.htm) published by the Board of Governors, rate on the money market mutual funds from iMoneyNet (https://financialintelligence.informa.com/products-and-services/data-analysis-and-tools/imoneynet), and the remaining rates from the Weekly National Rates and Rate Caps (https://www.fdic.gov/regulations/resources/rates/index.html) from the FDIC website. Listing of the sources is provided for informational purposes only: the Federal Reserve Bank of St. Louis is not associated with any listed private entities and cannot guarantee that the listed data sources will provide the data in the future.

Preferred benchmark rate equals 100 basis points plus the largest rate in the set of rates. Alternative benchmark rate equals the larger of the preferred benchmark rate and the Baa corporate bond yield.

Further information and definitions are available at: http://research.stlouisfed.org/publications/mt and http://research.stlouisfed.org/msi. This series was last updated 5/14/2004. Please refer to the series MSIM2 for the revised series.

OECD descriptor ID: MABMM201 OECD unit ID: STSA OECD country ID: NOR All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

M2 comprises M1 and deposits with agreed maturity of up to two years and deposits redeemable at notice of up to three months of resident non-MFIs, other than central government, with MFIs. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

M2 comprises M1 and time and savings deposits of businesses, individuals, and government entities in national currency with commercial banks. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

OECD descriptor ID: MABMM201 OECD unit ID: STSA OECD country ID: CZE All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

OECD descriptor ID: MABMM201 OECD unit ID: STSA OECD country ID: IDN All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

OECD descriptor ID: MABMM201 OECD unit ID: STSA OECD country ID: ISL All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

OECD descriptor ID: MABMM201 OECD unit ID: STSA OECD country ID: RUS All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

OECD descriptor ID: MABMM201 OECD unit ID: STSA OECD country ID: ZAF All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

OECD descriptor ID: MABMM201 OECD unit ID: ST OECD country ID: POL All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

OECD descriptor ID: MABMM201 OECD unit ID: ST OECD country ID: BRA All OECD data should be cited as follows: OECD, "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date) Copyright, 2016, OECD. Reprinted with permission.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.