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North America

US Monetary Aggregates

July 2026 

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Last update:

US monetary aggregate M1 varied by +0.47% in July 2026 in a monthly basis. Over the last 12 months, M1 varied by +5.76%.

M1 components, which are currency, demand deposits and other liquid deposits, experienced an annual variation of +3.14%, +26.20% and -4.26% respectively:

Data from Board of Governors of the Federal Reserve System - Money Stock Measures - H.6 Release
May 2026June 2026July 2026
Currency+3.20%+3.28%+3.14%
Demand deposits+25.04%+24.84%+26.20%
M1+5.62%+5.58%+5.76%
Other liquid deposits-3.85%-4.05%-4.26%
M1
Percentage Annual VariationShaded area = recession

Uncovered Value