Source: FRED Federal Reserve Bank of St. Louis
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This is the narrowest version of the "M" aggregates for the money stock reported by the Federal Reserve. The main components are currency circulating outside of banks, demand deposits, and other checkable deposits. We report annual averages for non-seasonally-adjusted monthly data.

According to the Federal Reserve "beginning May 2020, M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those amounts held by depository institutions, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float; and (3) other liquid deposits, consisting of OCDs and savings deposits (including money market deposit accounts). Seasonally adjusted M1 is constructed by summing currency, demand deposits, and OCDs (before May 2020) or other liquid deposits (beginning May 2020), each seasonally adjusted separately.

Suggested Citation:  Board of Governors of the Federal Reserve System (US), M1 Money Stock [M1NS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/M1NS.