The short version of the Austrian True Money Supply (SVTMS) for the U.S. increased by 0.67% (41.41% annualised) during the most recent week ending 3 February to reach US$ 9.8623 trillion calculated from the most recent monetary statistics published by the Federal Reserve.
Click here to access weekly reports since August 2013 and here to view the recap of 2013.
The 1-year growth rate fell to 7.75% for the week, down from 7.93% last week. Compared to the same week last year, the growth rate dropped by 2.33%. The downward trend in the 1-year growth rate hence continues.
At 11.22%, the 5-year annualised growth rate was unchanged from last week. The growth rate was lower than the same week last year for the 10th consecutive week.
The money supply growth rate overall is still heading downwards as the table and chart below show.
Click here to access weekly reports since August 2013 and here to view the recap of 2013.
The 1-year growth rate fell to 7.75% for the week, down from 7.93% last week. Compared to the same week last year, the growth rate dropped by 2.33%. The downward trend in the 1-year growth rate hence continues.
At 11.22%, the 5-year annualised growth rate was unchanged from last week. The growth rate was lower than the same week last year for the 10th consecutive week.
The money supply growth rate overall is still heading downwards as the table and chart below show.