M1
Weekly, Not Seasonally Adjusted
WM1NS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,802.00
Year-over-Year Change
-0.13%
Date Range
5/8/2006 - 6/30/2025
Summary
The 'Weekly, Not Seasonally Adjusted' data series tracks raw economic measurements without statistical smoothing or normalization. This unadjusted metric provides a direct snapshot of economic activity, revealing granular fluctuations that might be masked by seasonal adjustment techniques.
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
This series represents raw economic data points collected at weekly intervals without applying standard seasonal modification algorithms. Economists use these unfiltered measurements to understand immediate economic dynamics and detect short-term trends.
Methodology
Data is collected through systematic federal statistical surveys and direct reporting from economic institutions, capturing unmodified weekly economic indicators.
Historical Context
Policymakers and financial analysts use this data to assess real-time economic conditions and validate seasonal adjustment models.
Key Facts
- Provides raw, unsmoothed economic data points
- Captures immediate economic fluctuations
- Useful for detecting short-term economic trends
FAQs
Q: What does 'not seasonally adjusted' mean?
A: It means the data reflects actual recorded values without statistical techniques that remove predictable seasonal variations. This provides a direct view of raw economic activity.
Q: Why are non-seasonally adjusted metrics important?
A: They reveal unfiltered economic patterns and help validate seasonal adjustment models by showing original data before statistical smoothing.
Q: How frequently is this data updated?
A: The series is updated weekly, providing current economic snapshots without lag from seasonal normalization processes.
Q: Who uses this type of economic data?
A: Economists, financial analysts, policymakers, and researchers use these metrics to understand immediate economic conditions and validate statistical models.
Q: What are the limitations of non-seasonally adjusted data?
A: Raw data can be more volatile and harder to interpret due to predictable seasonal fluctuations that might obscure underlying economic trends.
Related News

Gen Z In the U.S. Shifts From Spending To Saving Habits
How Gen Z's Shift from Spending to Saving is Impacting the US Economy Recent trends indicate a significant shift in the spending habits of Gen Z, w...

S&P 500 Rises With Optimistic U.S. Inflation Report
S&P 500 Soars: Positive U.S. Inflation Developments The S&P 500, a primary stock index that tracks the performance of 500 major U.S. companies, has...

U.S. Stock Market Futures Rise On Inflation and Tariff News
US Stock Market Futures Rise Amid Inflation Data and Tariff News US stock market futures are on the rise, driven by significant updates in inflatio...

U.S. Treasury Yields Decline After Inflation Data Meet Expectations
US Treasury Yields Drop as Inflation Data Meets Expectations US Treasury yields have seen a noticeable decline recently, as the latest inflation da...

U.S. Stock Market Rises Amid PCE Inflation Report Analysis
U.S. Stock Market Climbs Amidst Insights from PCE Inflation Report Investors in the U.S. stock market are focusing on the most recent PCE Inflation...

U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures...
Related Trends
Real User Cost Index of MSI-M1 (preferred)
OCM1P
Volume of Currency in Circulation: $20
CURRVOL20
Federal Reserve Expenses for Cash Operations
CASHEXP
Volume of Currency in Circulation: $500 to $10,000
CURRVOL500
Value of Currency in Circulation: $100
CURRVAL100
Value of Currency in Circulation: Total
CURRVALALL
Citation
U.S. Federal Reserve, Weekly, Not Seasonally Adjusted [WM1NS], retrieved from FRED.
Last Checked: 8/1/2025