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 4th quarter of 2023, and were last updated as of January 25, 2024.
Velocity of M1 Money Stock, current value = 1.546:
Data Source: FRED, Federal Reserve Economic Data, Federal Reserve Bank of St. Louis; accessed January 25, 2024:
http://research.stlouisfed.org/fred2/series/M1V
–
Velocity of M2 Money Stock, current value = 1.344:
Data Source: FRED, Federal Reserve Economic Data, Federal Reserve Bank of St. Louis; accessed January 25, 2024:
http://research.stlouisfed.org/fred2/series/M2V
_________
I post various indicators and indices because I believe they should be carefully monitored. However, as those familiar with this site are aware, I do not necessarily agree with what they depict or imply.
_____
The Special Note summarizes my overall thoughts about our economic situation
SPX at 4890.18 as this post is written