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Home > Releases > Money Velocity > Velocity of MZM Money Stock (MZMV)
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Real-Time Period
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Title
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Start
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End
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Velocity of MZM Money Stock
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2010-07-30
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Current |
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Source
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Federal Reserve Bank of St. Louis
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2010-07-30
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Current |
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Release
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Money Velocity
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2010-07-30
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Current |
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Units
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Ratio
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2010-07-30
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Current |
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Frequency
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Quarterly
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2010-07-30
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Current |
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Seasonal Adjustment
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Seasonally Adjusted
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2010-07-30
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Current |
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Notes
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Calculated as the ratio of quarterly nominal GDP
(http://research.stlouisfed.org/fred2/series/GDP) to the quarterly average of MZM money stock (http://research.stlouisfed.org/fred2/series/MZMSL).
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.
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2010-07-30
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Current |
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Related Categories
Money, Banking, & Finance > Monetary Data > Money Velocity
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