M1 and M2 data for 10 years
7/12/2024 03:08pm
The data for M1 and M2 over the past 10 years shows a general upward trend, with some fluctuations. Here's a detailed analysis:
1. **M1**: The M1 value has increased significantly over the past decade, starting from $2.84 trillion on July 31, 2014, to $17.9435 trillion on May 31, 2024. This is a substantial increase, indicating a growth in the money supply.
|United States: M 1: current month value|Date|Date|code|market_code|
|---|---|---|---|---|
|2.8412E12|20140731|20140731|||
|2.7902E12|20140831|20140831|||
|2.8346E12|20140930|20140930|||
|2.865E12|20141031|20141031|||
|2.8611E12|20141130|20141130|||
|2.992E12|20141231|20141231|||
|2.9411E12|20150131|20150131|||
|2.9796E12|20150228|20150228|||
|3.0239E12|20150331|20150331|||
|3.0354E12|20150430|20150430|||
2. **M2**: Similarly, M2 has also shown an upward trend, with a value of $1.13918 trillion on July 31, 2014, and reaching $20.8519 trillion on May 31, 2024. This is a strong indication of the overall expansion of the money supply.
|U.S.: M 2: current month value|Date|Date|code|market_code|
|---|---|---|---|---|
|1.13918E13|20140731|20140731|||
|1.14227E13|20140831|20140831|||
|1.14706E13|20140930|20140930|||
|1.15386E13|20141031|20141031|||
|1.1615E13|20141130|20141130|||
|1.176E13|20141231|20141231|||
|1.1759E13|20150131|20150131|||
|1.18471E13|20150228|20150228|||
|1.19567E13|20150331|20150331|||
|1.20047E13|20150430|20150430|||
The consistent increase in both M1 and M2 suggests a positive economic growth and an expanding money supply over the past decade.