M2 Money Supply Growth 5.62 for
M2 Money Supply Growth came in at 5.62 (Percent) for Wk of Aug 3 2026, up 6.04% from 5.3 the prior week and 31.31% above its level of 4.28 one year ago. The series has averaged 6.38 since 1982, reaching a record high of 27.21 in February 2021 and a record low of -4.47 in March 2023.
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⋮ | ⋮ |
|---|---|
| August 3, 2026 | 5.62 |
| July 27, 2026 | 5.3 |
| July 20, 2026 | 5.8 |
| July 13, 2026 | 5.86 |
| July 6, 2026 | 6.25 |
| June 29, 2026 | 5.13 |
| June 22, 2026 | 4.91 |
| June 15, 2026 | 5.52 |
| June 8, 2026 | 5.06 |
| June 1, 2026 | 4.89 |
| May 25, 2026 | 5.48 |
| May 18, 2026 | 5.88 |
| May 11, 2026 | 5.55 |
| May 4, 2026 | 5.24 |
| April 27, 2026 | 4.46 |
| April 20, 2026 | 5.21 |
| April 13, 2026 | 6.17 |
| April 6, 2026 | 6.3 |
| March 30, 2026 | 4.26 |
| March 23, 2026 | 3.84 |
⋮ | ⋮ |
|---|---|
| April 19, 2004 | 6.21 |
| April 12, 2004 | 6.38 |
| April 5, 2004 | 6.07 |
| March 29, 2004 | 4.82 |
| March 22, 2004 | 4.86 |
| March 15, 2004 | 4.95 |
| March 8, 2004 | 4.62 |
| March 1, 2004 | 3.89 |
| February 23, 2004 | 4.85 |
| February 16, 2004 | 5.22 |
| February 9, 2004 | 4.72 |
| February 2, 2004 | 4.07 |
| January 26, 2004 | 4.51 |
| January 19, 2004 | 5.44 |
| January 12, 2004 | 5.77 |
| January 5, 2004 | 6.41 |
| December 29, 2003 | 4.96 |
| December 22, 2003 | 5.19 |
| December 15, 2003 | 5.36 |
| December 8, 2003 | 5.24 |
About M2 Money Supply Growth
What it measures
M2 money supply growth is the year-over-year percent change in the M2 aggregate, derived from the Federal Reserve weekly H.6 money stock data. Expressing M2 as an annual growth rate removes the relentless upward trend of the level series and highlights accelerations and contractions in broad money, which includes cash, checking, savings, and retail money fund balances.
Why it matters
The growth rate is where monetary analysis actually happens: monetarist frameworks link sustained excess money growth to nominal spending and inflation, and abrupt decelerations to disinflation or financial strain. The pandemic era gave the measure renewed prominence, as year-over-year growth exceeding twenty-five percent in 2021 was followed by multi-decade-high inflation and then an outright contraction in M2.
How to read it
Growth near the sum of real GDP growth and target inflation, historically in the mid single digits, is roughly neutral. Double-digit growth flags potential excess liquidity, while negative year-over-year readings are historically rare and signal aggressive tightening or deposit flight. Lags to inflation are long and inconsistent, and velocity shifts can mute the signal, so corroborate with credit and spending data.
Get M2 Money Supply Growth in Excel
Pull M2 Money Supply Growth directly into your spreadsheet with a single MarketXLS formula - always current, no copy-pasting:
=MoneySupplyM2()View the Money Supply - M2 formula documentation or browse all 100+ Economic Data functions.
Frequently Asked Questions
What is the current M2 Money Supply Growth?
M2 Money Supply Growth is 5.62 (Percent) as of August 2026.
What is the all-time high and low of M2 Money Supply Growth?
The highest value on record is 27.21 (February 2021) and the lowest is -4.47 (March 2023).
How often is M2 Money Supply Growth updated?
M2 Money Supply Growth is published on a weekly basis, sourced from Federal Reserve Economic Data (FRED).
How do I get M2 Money Supply Growth in Excel?
Use the MarketXLS Excel formula =MoneySupplyM2() to pull M2 Money Supply Growth directly into any cell, with historical values available for analysis.
Stats
| Last Value | 5.62 |
| Latest Period | Wk of Aug 3 2026 |
| Last Updated | August 25 2026, 12:01 |
| Value Previous Week | 5.3 |
| Change From Previous Week | 6.04% |
| Value 1 Year Ago | 4.28 |
| Change From Year Ago | 31.31% |
| Average Growth Rate | -1.55%/yr |
| Record High (Feb 2021) | 27.21 |
| Record Low (Mar 2023) | -4.47 |
| Long-Term Average | 6.38 |
| Frequency | Weekly |
| Adjustment | Not Seasonally Adjusted |
| Unit | Percent |
Annual Averages
| 2026 | 4.97 |
| 2025 | 4.13 |
| 2024 | 1.57 |
| 2023 | -3.12 |
| 2022 | 5.47 |
| 2021 | 15.84 |
| 2020 | 19.16 |
| 2019 | 5.41 |
| 2018 | 4.11 |
| 2017 | 5.92 |
| 2016 | 7.03 |
| 2015 | 6 |
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