Monthly, Seasonally Adjusted

MZMSL • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

21,981.30

Year-over-Year Change

28.37%

Date Range

1/1/1959 - 1/1/2021

Summary

The Monthly, Seasonally Adjusted trend (MZMSL) represents a key monetary aggregate that tracks the total liquid money supply in the U.S. economy. This metric provides critical insights into financial liquidity, helping economists and policymakers understand monetary conditions and potential economic momentum.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

MZMSL is a comprehensive measure of money supply that includes various liquid financial instruments beyond traditional currency. Economists analyze this trend to assess potential inflationary pressures, monetary policy effectiveness, and overall economic health.

Methodology

The data is collected and calculated by the Federal Reserve through aggregating various financial instruments and monetary components, then adjusting for seasonal variations.

Historical Context

Central banks and financial institutions use this trend to inform monetary policy decisions, assess economic stability, and predict potential economic shifts.

Key Facts

  • Represents a comprehensive measure of liquid money in the U.S. economy
  • Includes various financial instruments beyond physical currency
  • Used by policymakers to assess economic conditions

FAQs

Q: What does MZMSL specifically measure?

A: MZMSL measures the total liquid money supply, including cash, checking accounts, savings deposits, and other highly liquid financial instruments.

Q: How often is this data updated?

A: The data is typically updated monthly, with seasonal adjustments to provide a more accurate representation of monetary trends.

Q: Why is money supply important?

A: Money supply trends can indicate potential inflation, economic growth, and the effectiveness of monetary policy implemented by the Federal Reserve.

Q: How do economists use this data?

A: Economists analyze MZMSL to understand economic liquidity, predict potential economic shifts, and inform monetary policy decisions.

Q: What are the limitations of this metric?

A: While comprehensive, MZMSL is just one of several monetary indicators and should be considered alongside other economic data for a complete analysis.

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Citation

U.S. Federal Reserve, Monthly, Seasonally Adjusted [MZMSL], retrieved from FRED.

Last Checked: 8/1/2025