Velocity Of Money – Charts Updated Through October 30, 2014

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Here are two charts from the St. Louis Fed depicting the velocity of money in terms of the M1 and M2 money supply measures.

All charts reflect quarterly data through the 3rd quarter of 2014, and were last updated as of October 30, 2014.

Velocity of M1 Money Stock, current value = 6.178:

M1 money velocity

Data Source: FRED, Federal Reserve Economic Data, Federal Reserve Bank of St. Louis; accessed October 30, 2014:

http://research.stlouisfed.org/fred2/series/M1V

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Velocity of M2 Money Stock, current value = 1.532 :

M2 monetary velocity

Data Source: FRED, Federal Reserve Economic Data, Federal Reserve Bank of St. Louis; accessed October 30, 2014:

http://research.stlouisfed.org/fred2/series/M2V

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The Special Note summarizes my overall thoughts about our economic situation

SPX at 2013.09 as this post is written