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| Period | Growth rate |
|---|---|
| 1991 | 3.1085 |
| 1992 | 1.7738 |
| 1993 | 1.2727 |
| 1994 | 0.5931 |
| 1995 | 3.8441 |
| 1996 | 4.5568 |
| 1997 | 5.6125 |
| 1998 | 8.344 |
| 1999 | 6.1853 |
| 2000 | 5.972 |
| 2001 | 10.1678 |
| 2002 | 6.6068 |
| 2003 | 5.5824 |
| 2004 | 5.3613 |
| 2005 | 4.0564 |
| 2006 | 4.9905 |
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Note: The data are annual on a Q4 over Q4 basis. M2 consists of currency, traveler’s checks, demand deposits, other checkable deposits, savings deposits (including money market deposit accounts), small-denomination time deposits, and balances in retail money market funds. Source: Federal Reserve Statistical H.6., "Money Stock Measures." |
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