Makrognosis

United States Narrow Money (M1)

MonthlySeasonally adjustedCode US.M1.M.SA

Latest (y/y)6.2%September 2026
Previous (y/y)6.1%August 2026
Level20,061 USD bnSeptember 2026

United States Narrow Money (M1) was up 6.2% year on year in September 2026, compared with 6.1% in August 2026.

The level stood at 20,061 USD bn.

That is the highest reading since June 2022.

Among the 9 economies Makrognosis covers on this measure, it is the 4th lowest.

Over the past ten years it has ranged from −10.8% (Aug 2023) to 356.9% (Feb 2021), averaging 36.9%.

United States Narrow Money (M1), annual % change, Jan 1967 – Sep 2026−100%0%100%200%300%197019801990200020102020Robomacro
United States Narrow Money (M1), annual % change, Jan 1967 – Sep 2026. Source: Board of Governors of the Federal Reserve System (Data Download Program).
United States Narrow Money (M1), level (USD bn)05,00010k15k20k197019801990200020102020Robomacro
United States Narrow Money (M1), level (USD bn).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 202620,061 USD bn6.2
August 202619,967 USD bn6.1
July 202619,864 USD bn5.8
June 202619,771 USD bn5.6
May 202619,689 USD bn5.6
April 202619,469 USD bn4.7
March 202619,381 USD bn4.6
February 202619,346 USD bn4.6
January 202619,165 USD bn3.9
December 202519,072 USD bn3.8
November 202518,998 USD bn3.6
October 202518,965 USD bn4.2
September 202518,884 USD bn4.1
August 202518,820 USD bn4.1
July 202518,783 USD bn4.2
June 202518,726 USD bn3.9
May 202518,642 USD bn3.5
April 202518,601 USD bn3.5
March 202518,535 USD bn2.8
February 202518,491 USD bn2.7
January 202518,442 USD bn2.6
December 202418,374 USD bn2.3
November 202418,336 USD bn1.9
October 202418,209 USD bn0.9

Last 24 observations. The full history (729 observations) is available through the API.

Get United States Narrow Money (M1) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/US.M1.M.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US.M1.M.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationJanuary 1966
Observations729
FrequencyMonthly
UnitsUSD bn
AdjustmentSeasonally adjusted
10-year high356.9% (Feb 2021)
10-year low−10.8% (Aug 2023)
10-year average36.9%
Source agencyBoard of Governors of the Federal Reserve System (Data Download Program)
Makrognosis codeUS.M1.M.SA

Narrow Money (M1): how United States compares

#EconomyPeriodLatest
1MexicoSep 20267.9%
2South AfricaSep 20267.2%
3CanadaAug 20267.0%
4AustraliaSep 20266.4%
5SwitzerlandSep 20266.3%
6United StatesSep 20266.2%
7South KoreaAug 20264.2%
8BrazilSep 20263.2%
9JapanOct 2026−0.4%

Narrow Money (M1) by country: all 9 economies ranked →

Other United States indicators

United States GDP (Gross Domestic Product)United States Nominal GDP (SAAR)United States CPI-U, All Items (NSA)United States Inflation Rate (CPI)United States Core CPI (ex food & energy) (NSA)United States Core Inflation RateUnited States Unemployment RateUnited States Unemployment Rate (NSA)United States Credit Rating & Sovereign Risk ScoreUnited States Industrial ProductionUnited States Retail SalesUnited States Producer Price Inflation (PPI)United States Current account balance, SAUnited States Current account balance, annualUnited States Trade Balance: Goods & ServicesUnited States Exports of Goods & Services (BOP basis)

FAQ

What is the current narrow Money (M1) in United States?
The latest reading is 6.2% year on year for September 2026, published by Board of Governors of the Federal Reserve System (Data Download Program).
Where does this data come from?
It is collected directly from Board of Governors of the Federal Reserve System (Data Download Program) and is available through the Makrognosis API under the code US.M1.M.SA.

Last updated 2026-10-27. Source: Board of Governors of the Federal Reserve System (Data Download Program). Original title: “M1 Money Stock”.