M2

Weekly, Not Seasonally Adjusted

WM2NS • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

22,005.40

Year-over-Year Change

-0.08%

Date Range

5/8/2006 - 6/30/2025

Summary

The WM2NS represents the weekly, non-seasonally adjusted money supply measurement in the United States. This metric provides economists and policymakers with a raw, unadjusted view of monetary circulation and liquidity in the economy.

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 data series tracks the total amount of M2 money stock without applying seasonal adjustment techniques, offering a direct snapshot of money supply fluctuations. Economists use this raw data to understand underlying monetary trends and potential inflationary pressures.

Methodology

The Federal Reserve collects this data by aggregating cash, checking deposits, savings deposits, and money market mutual fund shares on a weekly basis.

Historical Context

Central banks and financial analysts use this non-seasonally adjusted data to analyze short-term monetary dynamics and potential economic interventions.

Key Facts

  • Represents raw, unadjusted M2 money stock measurement
  • Collected weekly by the Federal Reserve
  • Provides unfiltered view of monetary circulation

FAQs

Q: What does WM2NS specifically measure?

A: WM2NS measures the total M2 money supply without seasonal adjustments, including cash, checking deposits, savings deposits, and money market funds.

Q: Why is non-seasonally adjusted data important?

A: Non-seasonally adjusted data reveals raw monetary fluctuations without statistical smoothing, offering insights into actual money supply changes.

Q: How often is this data updated?

A: The WM2NS data is updated weekly by the Federal Reserve, providing current monetary circulation information.

Q: How do economists use this data?

A: Economists analyze WM2NS to understand short-term monetary trends, potential inflationary pressures, and economic liquidity.

Q: What are the limitations of this data?

A: Raw, non-seasonally adjusted data can include temporary fluctuations and may require additional analysis to identify long-term trends.

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Citation

U.S. Federal Reserve, Weekly, Not Seasonally Adjusted [WM2NS], retrieved from FRED.

Last Checked: 8/1/2025