M2
Cash, checking and savings deposits, small time deposits and retail money-market funds (Federal Reserve H.6).
5.66%year-on-year2026-08-01 · level $23,342.8B
Billions of dollars, seasonally adjusted → year-on-year
Why it matters
Broad money growth; its 2020-21 surge and 2022-23 contraction made it a popular liquidity gauge again.
Release schedule: Monthly, fourth Tuesday (Federal Reserve H.6)
Recent readings
| Period | year-on-year | Change |
|---|---|---|
| 2026-08-01 | 5.66% | +0.25 |
| 2026-07-01 | 5.41% | +0.07 |
| 2026-06-01 | 5.34% | -0.05 |
| 2026-05-01 | 5.39% | +0.86 |
| 2026-04-01 | 4.53% | +0.12 |
| 2026-03-01 | 4.41% | -0.18 |
| 2026-02-01 | 4.59% | +0.53 |
| 2026-01-01 | 4.06% | +0.02 |
| 2025-12-01 | 4.04% | +0.19 |
| 2025-11-01 | 3.85% | -0.43 |
| 2025-10-01 | 4.28% | +0.05 |
| 2025-09-01 | 4.23% | — |
Source: FRED, Federal Reserve Bank of St. Louis; original data from the agency named in the description. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.