Velocity of M2 Money Stock (M2V)

Source(s):	Federal Reserve Bank of St. Louis
Release:	Money Velocity (Not a Press Release)
Units:	Description of growth rate formulas
Frequency:	Aggregation Method:
Date Range:	to
File Format:
Seasonal Adjustment:	Seasonally Adjusted
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.
Updated:	2013-05-30 10:11 AM CDT

Note: CSV files do not contain header information.