The short version of the Austrian True Money Supply (SVTMS) for the U.S. increased 0.57% (34.18% annualised) during the most recent week ending 30 June 2014 to hit $10.1454 trillion. The money supply is now up 2.69% year to date. This measure of the money supply is calculated from the latest data published by the Federal Reserve.
The 1-year growth rate declined sharply this week, from 8.55% last week to 7.88%, the lowest reported for 11 weeks and lower than the 8.30% average since 1980. Compared to same week last year, the 1-year growth rate dropped by 1.07 percentage points.
The 5-year annualised growth rate in the money supply continue to go nowhere but down. At 10.42%, it was the slowest growth since week ending 28 May 2012. The growth rate was 0.95 percentage point lower than a year ago and was the 31st week in a row with a declining growth rate.
The 1-year growth rate declined sharply this week, from 8.55% last week to 7.88%, the lowest reported for 11 weeks and lower than the 8.30% average since 1980. Compared to same week last year, the 1-year growth rate dropped by 1.07 percentage points.
The 5-year annualised growth rate in the money supply continue to go nowhere but down. At 10.42%, it was the slowest growth since week ending 28 May 2012. The growth rate was 0.95 percentage point lower than a year ago and was the 31st week in a row with a declining growth rate.
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Key growth rates in the short version of the "Austrian" True Money Supply as of 30 June 2014:
