The U.S. M2 money supply rose slightly in January 2026, reaching $22.44 trillion, up from $22.40 trillion in December 2025. The latest data, updated on 24 February 2026, show a modest month‑over‑month increase of $0.04 trillion, indicating a relatively stable liquidity environment in the early part of the year.
On a month‑over‑month basis, the January reading reflects a continuation of incremental growth compared with December’s level. The comparison framework defines “Actual” as the change from January to the previous month, while “Previous” captures the change seen in December relative to November, underscoring how M2 has been moving in small steps rather than large swings.
The fresh figures will be monitored closely by market participants and policymakers as they gauge monetary conditions, credit availability, and the broader backdrop for consumer and business activity in the United States. While the move is modest, shifts in M2 remain an important reference point for assessing liquidity trends in the financial system.