Advertisement

M1 and M2 Fall: The narrowest measure...

Share

M1 and M2 Fall: The narrowest measure of the nation’s money supply, known as M1, fell to a seasonally adjusted $784.0 million in the week ended Feb. 13., from $787.2 million the week before. The broader measure known as M2 fell to a seasonally adjusted $3,066.9 billion from $3,067.5 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2 is M1 plus accounts like savings deposits and money market mutual funds.

Advertisement