Federal Reserve money supply falls nearly 2% for second straight month

How is the state of the U.S. money supply?

The data continue to show that it is contracting. In fact, it has been on a downward trend since hitting a peak in February 2021.

For the second consecutive month, the M2 money supply contracted by 1.8 percent in January, down from -1.05 percent.

Here is a look at the performance over the last decade: