Velocity Of Money – Charts Updated Through January 30, 2013

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

All charts reflect quarterly data through the fourth quarter of 2012, and were last updated as of January 30, 2013.  As one can see, two of the three measures are at all-time lows for the periods measured:

Velocity of MZM Money Stock, current value = 1.387 :

MZMV_1-30-13 1.387

Velocity of M1 Money Stock, current value = 6.538 :

M1V_1-30-13 6.538

Velocity of M2 Money Stock, current value = 1.535 :

M2V_1-30-13 1.535


The Special Note summarizes my overall thoughts about our economic situation

SPX at 1502.32 as this post is written