The data for M1 and M2 over the past 10 years shows a general upward trend, with some fluctuations. Here's a detailed analysis:
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, 20241. This is a substantial increase, indicating a growth in the money supply.
United States: M 1: current month value
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, 20242. This is a strong indication of the overall expansion of the money supply.
U.S.: M 2: current month value
The consistent increase in both M1 and M2 suggests a positive economic growth and an expanding money supply over the past decade.
Source:
1.
M1 month value in past 10 years
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