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North America

US Monetary Aggregates

May 2026 

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Last update:

US monetary aggregate M1 varied by +1.12% in May 2026 in a monthly basis. Over the last 12 months, M1 varied by +5.83%.

M1 components, which are currency, demand deposits and other liquid deposits, experienced an annual variation of +3.20%, +25.53% and -3.73% respectively:

Data from Board of Governors of the Federal Reserve System - Money Stock Measures - H.6 Release
March 2026April 2026May 2026
Currency+3.30%+3.23%+3.20%
Demand deposits+22.95%+23.61%+25.53%
M1+4.75%+4.89%+5.83%
Other liquid deposits-4.39%-4.42%-3.73%
M1
Percentage Annual VariationShaded area = recession

Uncovered Value