Money & the dollar · M1SL

M1 money supply

As of Aug 2026, the M1 money supply had risen 6.1% from a year earlier, compared with a 12-month change of 5.8% in Jul 2026. The latest value was $19.99T.

Source: Board of Governors of the Federal Reserve System via FRED®. Monthly data, seasonally adjusted. Latest observation Aug 2026; snapshot taken Oct 26, 2026, 6:40 PM EDT.

Latest (Aug 2026)

$19.99T

Change from Jul 2026

+0.5%

A year earlier

$18.84T

12-month change

+6.1%

$19.99T Aug 2026 · Billions of dollars

$17T$18T$19T$20T$21T20222023202420252026

Billions of dollars. Data from Jan 1959 to Aug 2026 (812 observations).

What it measures

M1 is the narrowest measure of money: currency plus checking and other liquid deposits. In May 2020 the Fed began counting savings deposits in M1, which caused the sharp jump visible in the chart.

Official title
M1 Money Stock
Units
Billions of dollars
Frequency and adjustment
Monthly, seasonally adjusted
Original source
Board of Governors of the Federal Reserve System
Recent values
DateValueChangeFrom a year ago
Aug 2026$19.99T+0.5%+6.1%
Jul 2026$19.89T+0.5%+5.8%
Jun 2026$19.79T+0.4%+5.6%
May 2026$19.71T+1.1%+5.6%
Apr 2026$19.49T+0.5%+4.7%
Mar 2026$19.40T+0.2%+4.6%
Feb 2026$19.37T+0.9%+4.6%
Jan 2026$19.19T+0.5%+3.9%
Dec 2025$19.09T+0.4%+3.8%
Nov 2025$19.02T+0.2%+3.6%
Oct 2025$18.99T+0.4%+4.2%
Sep 2025$18.90T+0.3%+4.1%

Related indicators

This page shows public economic data for general information. It is not financial advice and does not predict future values.

Sources

FRED® is a registered trademark of the Federal Reserve Bank of St. Louis. Neither the Federal Reserve Bank of St. Louis nor Board of Governors of the Federal Reserve System endorses OpenEcon.