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Velocity of M2 Money Stock (M2V)

2012:Q1: 1.582 Ratio   Last 5 Observations

Quarterly, Seasonally Adjusted, Updated: 2012-04-27 8:46 AM CDT

Source: Federal Reserve Bank of St. Louis
Release: Money Velocity (Not a Press Release)
Notes:

Calculated as the ratio of quarterly nominal GDP
(http://research.stlouisfed.org/fred2/series/GDP) to the quarterly average of M2 money stock (http://research.stlouisfed.org/fred2/series/M2SL).


Velocity is a ratio of nominal GDP to a measure of the money supply. It can be thought of as the rate of turnover in the money supply--that is, the number of times one dollar is used to purchase final goods and services included in GDP.