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Federal Reserve Economic Data

FRED (Federal Reserve Economic Data) is a powerful online database maintained by the Federal Reserve Bank of St. Louis. It offers free access to over 800,000 economic data series, including key indicators like GDP, inflation, interest rates, unemployment, and more. Used by economists, financial professionals, and researchers, FRED makes it easy to track and visualize real-time economic trends that impact markets, retirement planning, and investment decisions.

Whether you’re analyzing historical trends or staying informed about the latest economic updates, FRED is a trusted source for accurate, up-to-date economic data

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Federal Reserve Economic Charts

M2 Money Stock (M2SL)

Want to Know What This Means for Your Money??
The numbers tell a story but your plan makes it personal.

What Is M2SL?

M2SL (M2 Money Stock) includes all components of M1 (cash, checking deposits, travelers’ checks) plus other liquid assets like:

  • Savings deposits (e.g. money market deposit accounts)

    • Small time deposits (under $100,000)

    • Retail money market mutual fund balances

    • The Federal Reserve Bank of St. Louis (FRED) provides the official data series for M2SL, which is also seasonally adjusted and released monthly via the H.6 Money Stock Measures

Source: Board of Governors of the Federal Reserve System (US)  

Release: H.6 Money Stock Measures  

 

Units:  Billions of Dollars, Seasonally Adjusted

Frequency:  Monthly

Notes:

Before May 2020, M2 consists of M1 plus (1) savings deposits (including money market deposit accounts); (2) small-denomination time deposits (time deposits in amounts of less than $100,000) less individual retirement account (IRA) and Keogh balances at depository institutions; and (3) balances in retail money market funds (MMFs) less IRA and Keogh balances at MMFs.

Beginning May 2020, M2 consists of M1 plus (1) small-denomination time deposits (time deposits in amounts of less than $100,000) less IRA and Keogh balances at depository institutions; and (2) balances in retail MMFs less IRA and Keogh balances at MMFs. Seasonally adjusted M2 is constructed by summing savings deposits (before May 2020), small-denomination time deposits, and retail MMFs, each seasonally adjusted separately, and adding this result to seasonally adjusted M1.

For more information on the H.6 release changes and the regulatory amendment that led to the creation of the other liquid deposits component and its inclusion in the M1 monetary aggregate, see the H.6 announcements and Technical Q&As posted on December 17, 2020.

Suggested Citation:

Board of Governors of the Federal Reserve System (US), M2 [M2SL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/M2SL, August 7, 2025.

FRED (Federal Reserve Economic Data) – FAQ

What is FRED?

FRED is a free online database maintained by the Federal Reserve Bank of St. Louis. It offers access to over 800,000 economic data series, including inflation, interest rates, GDP, unemployment, and more.

FRED pulls data from credible sources such as the U.S. Bureau of Labor Statistics (BLS), Census Bureau, Federal Reserve, International Monetary Fund (IMF), World Bank, and more.

FRED updates data daily, weekly, monthly, or quarterly depending on the specific dataset and source agency.

FRED helps you track economic trends like inflation, interest rates, and market movements: all of which affect retirement income, investment decisions, and financial strategies.

Many data series in FRED go back several decades, some even to the 1800’s,  making it valuable for long-term historical analysis.

No.  FRED is maintained by the Federal Reserve Bank of St. Louis and aggregates data from various trusted sources, but it does not provide tax or legal guidance.

The St. Louis Fed offers free tutorials, guides, and videos to help users learn how to navigate FRED, build charts, and interpret data.

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