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Velocity of M2 Money Stock (M2V) | FRED | St. Louis Fed

fred.stlouisfed.org · 420 words · saved by 1 readers

View data of the frequency at which one unit of currency purchases domestically produced goods and services within a given time period.

Source: Federal Reserve Bank of St. Louis Release: Money Velocity Units: Ratio, Seasonally Adjusted Frequency: Quarterly Notes: Calculated as the ratio of quarterly nominal GDP to the quarterly average of M2 money stock. The velocity of money is the frequency at which one unit of currency is used to purchase domestically- produced goods and services within a given time period. In other words, it is the number of times one dollar is spent to buy goods and services per unit of time. If the velocity of money is increasing, then more transactions are occurring between individuals in an…

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