This release includes seasonally adjusted measures of the monetary aggregates and their components produced with revised seasonal factors, which were derived from data through December 2023 and estimated using the Census Bureau's X-13ARIMA-SEATS seasonal adjustment program. 1 Appendix tables accompanying the release contain the revised seasonal factors for months from January 2023 to March 2025. The tables also contain revised seasonally adjusted M1 and M2 levels as well as revised seasonally adjusted M1 and M2 annualized growth rates for the last two years.
