Money & the dollar · M2SL

M2 money supply

As of Aug 2026, the M2 money supply had risen 5.7% from a year earlier, compared with a 12-month change of 5.4% in Jul 2026. The latest value was $23.34T.

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)

$23.34T

Change from Jul 2026

+0.5%

A year earlier

$22.09T

12-month change

+5.7%

$23.34T Aug 2026 · Billions of dollars

$20T$21T$22T$23T20222023202420252026

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

What it measures

M2 is a broad measure of money: cash, checking and savings deposits, small time deposits and retail money market funds. Its growth rate shows how fast the amount of money in the economy is changing.

Official title
M2 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$23.34T+0.5%+5.7%
Jul 2026$23.22T+0.4%+5.4%
Jun 2026$23.11T+0.4%+5.3%
May 2026$23.01T+1.1%+5.4%
Apr 2026$22.76T+0.5%+4.5%
Mar 2026$22.64T+0.2%+4.4%
Feb 2026$22.60T+0.8%+4.6%
Jan 2026$22.41T+0.3%+4.1%
Dec 2025$22.36T+0.3%+4.0%
Nov 2025$22.28T+0.1%+3.8%
Oct 2025$22.25T+0.3%+4.3%
Sep 2025$22.18T+0.4%+4.2%

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.