The short version of the Austrian True Money Supply (SVTMS) for the U.S. decreased by 0.05% (2.50% annualised) during the most recent week ending 19 May 2014 to hit $10.0621 trillion. The money supply is calculated from the latest data published by the Federal Reserve.
At 8.12%, the 1-year growth rate in the money supply increased 21 basis points from the 7.91% reported last week. This was slightly lower than the 8.16% average during the most recent 52 weeks and the 8.30% longer term average since 1980.
The 1-year growth rate continues to be lower than a year ago, but the 1.40 percentage points decline in the growth rate was smaller than the average 2.54% percentage point decline during the last 52 weeks.
As the table below shows, most of the growth rates in the money supply remain lower than they were both 26 weeks and a year ago.
Visit the "Austrian" True Money Supply archive here.
At 8.12%, the 1-year growth rate in the money supply increased 21 basis points from the 7.91% reported last week. This was slightly lower than the 8.16% average during the most recent 52 weeks and the 8.30% longer term average since 1980.
The 1-year growth rate continues to be lower than a year ago, but the 1.40 percentage points decline in the growth rate was smaller than the average 2.54% percentage point decline during the last 52 weeks.
As the table below shows, most of the growth rates in the money supply remain lower than they were both 26 weeks and a year ago.
Visit the "Austrian" True Money Supply archive here.
