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North America

US Monetary Aggregates

March 2026 

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Last update:

US monetary aggregate M1 varied by +0.25% in March 2026 in a monthly basis. Over the last 12 months, M1 varied by +4.75%.

M1 components, which are currency, demand deposits and other liquid deposits, experienced an annual variation of +3.30%, +22.94% and -4.38% respectively:

Data from Board of Governors of the Federal Reserve System - Money Stock Measures - H.6 Release
January 2026February 2026March 2026
Currency+3.33%+3.47%+3.30%
Demand deposits+21.60%+22.60%+22.94%
M1+3.95%+4.73%+4.75%
Other liquid deposits-4.84%-4.42%-4.38%
M1
Percentage Annual VariationShaded area = recession

Uncovered Value