M2 Money Supply
M2
The number, plainly.
Cash, checking, savings and money-market balances held by the public, the broad measure of money in circulation.
Higher, lower, and what each means.
Growing means there is more money chasing goods and assets; contracting is rare and tends to precede slowdowns.
A reading is not a verdict. The Scan phase of Woodring’s Loop collects the signal; the Story phase asks what futures it is consistent with, and only the Stake phase turns that into a decision. This page does the first part.
The line in your 2027 plan.
Tests: the inflation and demand assumptions at once, because both run on how much money is in the system.
Write the assumption down, name the reading that would break it, and put a date on when it has to be argued again. That is the 18-Month Sunset applied to one line of a budget. The Last Annual Planshows what this season’s moves have already done to the common ones.
The last 36 readings.
Most recent first. Every value is as published by FRED at the time of the last refresh; FRED revises some series after the fact.
| Date | Value | Change |
|---|---|---|
| Sep 1, 2026 | $23.41T | +0.5% |
| Aug 1, 2026 | $23.30T | +0.5% |
| Jul 1, 2026 | $23.18T | +0.4% |
| Jun 1, 2026 | $23.08T | +0.4% |
| May 1, 2026 | $22.98T | +1.1% |
| Apr 1, 2026 | $22.73T | +0.5% |
| Mar 1, 2026 | $22.61T | +0.2% |
| Feb 1, 2026 | $22.57T | +0.8% |
| Jan 1, 2026 | $22.39T | +0.3% |
| Dec 1, 2025 | $22.33T | +0.3% |
| Nov 1, 2025 | $22.25T | +0.1% |
| Oct 1, 2025 | $22.22T | +0.3% |
| Sep 1, 2025 | $22.15T | +0.4% |
| Aug 1, 2025 | $22.07T | +0.3% |
| Jul 1, 2025 | $22.00T | +0.4% |
| Jun 1, 2025 | $21.92T | +0.5% |
| May 1, 2025 | $21.81T | +0.3% |
| Apr 1, 2025 | $21.74T | +0.4% |
| Mar 1, 2025 | $21.66T | +0.4% |
| Feb 1, 2025 | $21.58T | +0.3% |
| Jan 1, 2025 | $21.51T | +0.2% |
| Dec 1, 2024 | $21.46T | +0.2% |
| Nov 1, 2024 | $21.43T | +0.6% |
| Oct 1, 2024 | $21.31T | +0.3% |
| Sep 1, 2024 | $21.25T | +0.4% |
| Aug 1, 2024 | $21.17T | +0.4% |
| Jul 1, 2024 | $21.07T | +0.1% |
| Jun 1, 2024 | $21.05T | +0.2% |
| May 1, 2024 | $21.00T | +0.3% |
| Apr 1, 2024 | $20.93T | −0.1% |
| Mar 1, 2024 | $20.94T | +0.2% |
| Feb 1, 2024 | $20.90T | +0.4% |
| Jan 1, 2024 | $20.81T | +0.3% |
| Dec 1, 2023 | $20.75T | +0.1% |
| Nov 1, 2023 | $20.72T | +0.1% |
| Oct 1, 2023 | $20.71T | — |
Also in Markets and liquidity.
When M2 Money Supply moves, know what it tests.
The monthly Signal Layer covers every series in the library: what moved, which planning assumptions it tests, and what a continuous-planning team does about it. One email a month. Unsubscribe in one click.
Where the number comes from.
M2 (M2SL), retrieved from FRED, Federal Reserve Bank of St. Louis: fred.stlouisfed.org/series/M2SL. Refreshed daily; 120 readings on file from Oct 1, 2016 to Sep 1, 2026.
Predictive Planning Institute, Signal Library: M2 Money Supply (M2SL). predictiveplanning.com/signals/M2SL. Data via FRED, Federal Reserve Bank of St. Louis. Value $23.41T as of Sep 1, 2026.