CPI and M2 Money Supply, 1-year change: 1800-2008 CPI and M2 Money Supply, 5-year change: 1800-2008 CPI and M2 Money Supply, 10-year change: 1800-2008
                     CONSUMER PRICE INDEX AND M2 MONEY SUPPLY: 1800-2008
                                 (M2 in billions of dollars)

         CPI          5-year 10-Year      M2            M2SL          5-year 10-year
       (1967 Percent Annual- Annual-   Money Percent   (from Percent Annual- Annual-
Year   =100)  Change    ized    ized  Supply  Change    Fed)  Change    ized    ized War  Year
---- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ---  ----
1800    51.0                                                                           0  1800
1801    50.0   -1.96                                                                   0  1801
1802    43.0  -14.00                                                                   0  1802
1803    45.0    4.65                                                                   0  1803
1804    45.0    0.00                                                                   0  1804
1805    45.0    0.00   -2.47                                                           0  1805
1806    47.0    4.44   -1.23                                                           0  1806
1807    44.0   -6.38    0.46                                                           0  1807
1808    48.0    9.09    1.30                                                           0  1808
1809    47.0   -2.08    0.87                                                           0  1809
1810    47.0    0.00    0.87   -0.81                                                   0  1810
1811    50.0    6.38    1.25    0.00                                                   0  1811
1812    51.0    2.00    3.00    1.72                                                   1  1812
1813    58.0   13.73    3.86    2.57                                                   1  1813
1814    63.0    8.62    6.03    3.42                                                   1  1814
1815    55.0  -12.70    3.19    2.03                                                   1  1815
1816    51.0   -7.27    0.40    0.82                                                   0  1816
1817    48.0   -5.88   -1.21    0.87                                                   0  1817
1818    46.0   -4.17   -4.53   -0.42                                                   0  1818
1819    46.0    0.00   -6.10   -0.21                                                   0  1819
1820    42.0   -8.70   -5.25   -1.12                                                   0  1820
1821    40.0   -4.76   -4.74   -2.21                                                   0  1821
1822    40.0    0.00   -3.58   -2.40                                                   0  1822
1823    36.0  -10.00   -4.78   -4.66                                                   0  1823
1824    33.0   -8.33   -6.43   -6.26                                                   0  1824
1825    34.0    3.03   -4.14   -4.70                                                   0  1825
1826    34.0    0.00   -3.20   -3.97                                                   0  1826
1827    34.0    0.00   -3.20   -3.39                                                   0  1827
1828    33.0   -2.94   -1.73   -3.27                                                   0  1828
1829    32.0   -3.03   -0.61   -3.56                                                   0  1829
1830    32.0    0.00   -1.21   -2.68                                                   0  1830
1831    32.0    0.00   -1.21   -2.21                                                   0  1831
1832    30.0   -6.25   -2.47   -2.84                                                   0  1832
1833    29.0   -3.33   -2.55   -2.14                                                   0  1833
1834    30.0    3.45   -1.28   -0.95                                                   0  1834
1835    31.0    3.33   -0.63   -0.92                                                   0  1835
1836    33.0    6.45    0.62   -0.30                                                   0  1836
1837    34.0    3.03    2.53    0.00                                                   0  1837
1838    32.0   -5.88    1.99   -0.31                                                   0  1838
1839    32.0    0.00    1.30    0.00                                                   0  1839
1840    30.0   -6.25   -0.65   -0.64                                                   0  1840
1841    31.0    3.33   -1.24   -0.32                                                   0  1841
1842    29.0   -6.45   -3.13   -0.34                                                   0  1842
1843    28.0   -3.45   -2.64   -0.35                                                   0  1843
1844    28.0    0.00   -2.64   -0.69                                                   0  1844
1845    28.0    0.00   -1.37   -1.01                                                   0  1845
1846    27.0   -3.57   -2.73   -1.99                                                   1  1846
1847    28.0    3.70   -0.70   -1.92                                                   1  1847
1848    26.0   -7.14   -1.47   -2.05                                                   1  1848
1849    25.0   -3.85   -2.24   -2.44                                                   0  1849
1850    25.0    0.00   -2.24   -1.81                                                   0  1850
1851    25.0    0.00   -1.53   -2.13                                                   0  1851
1852    25.0    0.00   -2.24   -1.47                                                   0  1852
1853    25.0    0.00   -0.78   -1.13                                                   0  1853
1854    27.0    8.00    1.55   -0.36                                                   0  1854
1855    28.0    3.70    2.29    0.00                                                   0  1855
1856    27.0   -3.57    1.55    0.00                                                   0  1856
1857    28.0    3.70    2.29    0.00                                                   0  1857
1858    26.0   -7.14    0.79    0.00                                                   0  1858
1859    27.0    3.85    0.00    0.77                                                   0  1859
1860    27.0    0.00   -0.72    0.77                                                   0  1860
1861    27.0    0.00    0.00    0.77                                                   1  1861
1862    30.0   11.11    1.39    1.84                                                   1  1862
1863    37.0   23.33    7.31    4.00                                                   1  1863
1864    47.0   27.03   11.72    5.70                                                   1  1864
1865    46.0   -2.13   11.24    5.09                                                   1  1865
1866    44.0   -4.35   10.26    5.00                                                   0  1866
1867    42.0   -4.55    6.96    4.14    1.28                                           0  1867
1868    40.0   -4.76    1.57    4.40    1.27   -0.78                                   0  1868
1869    40.0    0.00   -3.17    4.01    1.28    0.79                                   0  1869
1870    38.0   -5.00   -3.75    3.48    1.35    5.47                                   0  1870
1871    36.0   -5.26   -3.93    2.92    1.50   11.11                                   0  1871
1872    36.0    0.00   -3.04    1.84    1.61    7.33                    4.69           0  1872
1873    36.0    0.00   -2.09   -0.27    1.62    0.62                    4.99           0  1873
1874    34.0   -5.56   -3.20   -3.19    1.65    1.85                    5.21           0  1874
1875    33.0   -2.94   -2.78   -3.27    1.72    4.24                    4.96           0  1875
1876    32.0   -3.03   -2.33   -3.13    1.68   -2.33                    2.29           0  1876
1877    32.0    0.00   -2.33   -2.68    1.65   -1.79                    0.49    2.57   0  1877
1878    29.0   -9.38   -4.23   -3.16    1.58   -4.24                   -0.50    2.21   0  1878
1879    28.0   -3.45   -3.81   -3.50    1.66    5.06                    0.12    2.63   0  1879
1880    29.0    3.57   -2.55   -2.67    2.03   22.29                    3.37    4.16   0  1880
1881    29.0    0.00   -1.95   -2.14    2.44   20.20                    7.75    4.99   0  1881
1882    29.0    0.00   -1.95   -2.14    2.63    7.79                    9.77    5.03   0  1882
1883    28.0   -3.45   -0.70   -2.48    2.80    6.46                   12.12    5.62   0  1883
1884    27.0   -3.57   -0.72   -2.28    2.80    0.00                   11.02    5.43   0  1884
1885    27.0    0.00   -1.42   -1.99    2.87    2.50                    7.17    5.25   0  1885
1886    27.0    0.00   -1.42   -1.68    3.10    8.01                    4.90    6.32   0  1886
1887    27.0    0.00   -1.42   -1.68    3.31    6.77                    4.71    7.21   0  1887
1888    27.0    0.00   -0.72   -0.71    3.40    2.72                    3.96    7.96   0  1888
1889    27.0    0.00    0.00   -0.36    3.60    5.88                    5.15    8.05   0  1889
1890    27.0    0.00    0.00   -0.71    3.92    8.89                    6.43    6.80   0  1890
1891    27.0    0.00    0.00   -0.71    4.08    4.08                    5.65    5.28   0  1891
1892    27.0    0.00    0.00   -0.71    4.43    8.58                    6.00    5.35   0  1892
1893    27.0    0.00    0.00   -0.36    4.26   -3.84                    4.61    4.29   0  1893
1894    26.0   -3.70   -0.75   -0.38    4.28    0.47                    3.52    4.33   0  1894
1895    25.0   -3.85   -1.53   -0.77    4.43    3.50                    2.48    4.44   0  1895
1896    25.0    0.00   -1.53   -0.77    4.35   -1.81                    1.29    3.45   0  1896
1897    25.0    0.00   -1.53   -0.77    4.64    6.67                    0.93    3.44   0  1897
1898    25.0    0.00   -1.53   -0.77    5.26   13.36                    4.31    4.46   0  1898
1899    25.0    0.00   -0.78   -0.77    6.09   15.78                    7.31    5.40   0  1899
1900    25.0    0.00    0.00   -0.77    6.60    8.37                    8.30    5.35   0  1900
1901    25.0    0.00    0.00   -0.77    7.48   13.33                   11.45    6.25   0  1901
1902    26.0    4.00    0.79   -0.38    8.17    9.22                   11.98    6.31   0  1902
1903    27.0    3.85    1.55    0.00    8.68    6.24                   10.54    7.38   0  1903
1904    27.0    0.00    1.55    0.38    9.24    6.45                    8.70    8.00   0  1904
1905    27.0    0.00    1.55    0.77   10.24   10.82                    9.18    8.74   0  1905
1906    27.0    0.00    1.55    0.77   11.08    8.20                    8.18    9.80   0  1906
1907    28.0    3.70    1.49    1.14   11.60    4.69                    7.26    9.60   0  1907
1908    27.0   -3.57    0.00    0.77   11.44   -1.38                    5.68    8.08   0  1908
1909    27.0    0.00    0.00    0.77   12.68   10.84                    6.53    7.61   0  1909
1910    28.0    3.70    0.73    1.14   13.34    5.21                    5.43    7.29   0  1910
1911    28.0    0.00    0.73    1.14   14.12    5.85                    4.97    6.56   0  1911
1912    29.0    3.57    0.70    1.10   15.13    7.15                    5.46    6.36   0  1912
1913    29.7    2.41    1.92    0.96   15.73    3.97                    6.58    6.13   0  1913
1914    30.1    1.35    2.20    1.09   16.39    4.20                    5.27    5.90   0  1914
1915    30.4    1.00    1.66    1.19   17.59    7.32                    5.69    5.56   0  1915
1916    32.7    7.57    3.15    1.93   20.85   18.53                    8.11    6.53   0  1916
1917    38.4   17.43    5.78    3.21   24.37   16.88                   10.00    7.71   1  1917
1918    45.1   17.45    8.71    5.26   26.73    9.68                   11.19    8.86   1  1918
1919    51.8   14.86   11.47    6.73   31.01   16.01                   13.60    9.35   0  1919
1920    60.0   15.83   14.57    7.92   34.80   12.22                   14.62   10.06   0  1920
1921    53.6  -10.67   10.39    6.71   32.85   -5.60                    9.52    8.81   0  1921
1922    50.2   -6.34    5.51    5.64   33.72    2.65                    6.71    8.34   0  1922
1923    51.1    1.79    2.53    5.58   36.60    8.54                    6.49    8.81   0  1923
1924    51.2    0.20   -0.23    5.46   38.58    5.41                    4.47    8.94   0  1924
1925    52.5    2.54   -2.64    5.62   42.05    8.99                    3.86    9.11   0  1925
1926    53.0    0.95   -0.22    4.95   43.68    3.88                    5.86    7.68   0  1926
1927    52.0   -1.89    0.71    3.08   44.73    2.40                    5.81    6.26   0  1927
1928    51.3   -1.35    0.08    1.30   46.42    3.78                    4.87    5.67   0  1928
1929    51.3    0.00    0.04   -0.10   46.60    0.39                    3.85    4.16   0  1929
1930    50.0   -2.53   -0.97   -1.81   45.73   -1.87                    1.69    2.77   0  1930
1931    45.6   -8.80   -2.96   -1.60   42.69   -6.65                   -0.46    2.65   0  1931
1932    40.9  -10.31   -4.69   -2.03   36.05  -15.55                   -4.22    0.67   0  1932
1933    38.8   -5.13   -5.43   -2.72   32.22  -10.62                   -7.04   -1.27   0  1933
1934    40.1    3.35   -4.81   -2.41   34.36    6.64                   -5.91   -1.15   0  1934
1935    41.1    2.49   -3.84   -2.42   39.07   13.71                   -3.10   -0.73   0  1935
1936    41.5    0.97   -1.87   -2.42   43.48   11.29                    0.37   -0.05   0  1936
1937    43.0    3.61    1.01   -1.88   45.68    5.06                    4.85    0.21   0  1937
1938    42.2   -1.86    1.69   -1.93   45.51   -0.37                    7.15   -0.20   0  1938
1939    41.6   -1.42    0.74   -2.07   49.27    8.26                    7.47    0.56   0  1939
1940    42.0    0.96    0.43   -1.73   55.20   12.04                    7.16    1.90   0  1940
1941    44.1    5.00    1.22   -0.33   62.51   13.24                    7.53    3.89   1  1941
1942    48.8   10.66    2.56    1.78   71.16   13.84                    9.27    7.04   1  1942
1943    51.8    6.15    4.18    2.93   89.91   26.35                   14.59   10.81   1  1943
1944    52.7    1.74    4.84    2.77  106.82   18.81                   16.74   12.01   1  1944
1945    53.9    2.28    5.12    2.75  126.63   18.55                   18.06   12.48   1  1945
1946    58.5    8.53    5.81    3.49  138.73    9.56                   17.29   12.30   0  1946
1947    66.9   14.36    6.51    4.52  146.00    5.24                   15.46   12.32   0  1947
1948    72.1    7.77    6.84    5.50  148.11    1.45                   10.50   12.52   0  1948
1949    71.4   -0.97    6.26    5.55  147.46   -0.44                    6.66   11.59   0  1949
1950    72.1    0.98    5.99    5.55  150.81    2.27                    3.56   10.57   0  1950
1951    77.8    7.91    5.87    5.84  156.45    3.74                    2.43    9.61   0  1951
1952    79.5    2.19    3.51    5.00  164.92    5.41                    2.47    8.77   0  1952
1953    80.1    0.75    2.13    4.46  171.19    3.80                    2.94    6.65   0  1953
1954    80.5    0.50    2.43    4.33  177.16    3.49                    3.74    5.19   0  1954
1955    80.2   -0.37    2.15    4.05  183.69    3.69                    4.02    3.79   0  1955
1956    81.4    1.50    0.91    3.36  186.87    1.73                    3.62    3.02   0  1956
1957    84.3    3.56    1.18    2.34  191.82    2.65                    3.07    2.77   0  1957
1958    86.6    2.73    1.57    1.85  201.12    4.85                    3.28    3.11   0  1958
1959    87.3    0.81    1.64    2.03  210.09    4.46   297.8            3.47    3.60   0  1959
1960    88.7    1.60    2.04    2.09  210.67    0.28   312.4    4.90    2.78    3.40   0  1960
1961    89.6    1.01    1.94    1.42  221.24    5.02   335.5    7.39    3.43    3.53   0  1961
1962    90.6    1.12    1.45    1.32  233.92    5.73   362.7    8.11    4.05    3.56   0  1962
1963    91.7    1.21    1.15    1.36  249.15    6.51   393.2    8.41    4.38    3.82   0  1963
1964    92.9    1.31    1.25    1.44  264.73    6.25   424.7    8.01    7.36    4.10   0  1964
1965    94.5    1.72    1.27    1.65  285.89    7.99   459.2    8.12    8.01    4.52   1  1965
1966    97.2    2.86    1.64    1.79  308.02    7.74   480.2    4.57    7.44    5.12   1  1966
1967   100.0    2.88    1.99    1.72  331.78    7.71   524.8    9.29    7.67    5.63   1  1967
1968   104.2    4.20    2.59    1.87  361.60    8.99   566.8    8.00    7.59    6.04   1  1968
1969   109.8    5.37    3.40    2.32  385.17    6.52   587.9    3.72    6.72    7.04   1  1969
1970   116.3    5.92    4.24    2.75  401.29    4.19   626.5    6.57    6.41    7.21   1  1970
1971   121.3    4.30    4.53    3.08                   710.3   13.38    8.14    7.79   1  1971
1972   125.3    3.30    4.61    3.30                   802.3   12.95    8.86    8.26   1  1972
1973   133.1    6.23    5.02    3.80                   855.5    6.63    8.58    8.08   1  1973
1974   147.7   10.97    6.11    4.75                   902.1    5.45    8.94    7.82   1  1974
1975   161.2    9.14    6.75    5.49                  1016.2   12.65   10.16    8.27   1  1975
1976   170.5    5.77    7.05    5.78                  1152.0   13.36   10.15    9.14   0  1976
1977   181.5    6.45    7.69    6.14                  1270.3   10.27    9.63    9.24   0  1977
1978   195.4    7.66    7.98    6.49                  1366.0    7.53    9.81    9.19   0  1978
1979   217.4   11.26    8.04    7.07                  1473.7    7.88   10.31    9.63   0  1979
1980   246.8   13.52    8.89    7.81                  1599.8    8.56    9.50    9.83   0  1980
1981   272.4   10.37    9.82    8.43                  1755.5    9.73    8.79    9.47   0  1981
1982   289.1    6.13    9.76    8.72                  1909.3    8.76    8.49    9.06   0  1982
1983   298.4    3.22    8.84    8.41                  2125.7   11.33    9.25    9.53   0  1983
1984   311.1    4.26    7.43    7.73                  2308.8    8.61    9.39    9.85   0  1984
1985   322.2    3.57    5.48    7.17                  2494.6    8.05    9.29    9.40   0  1985
1986   328.4    1.92    3.81    6.77                  2731.4    9.49    9.24    9.02   0  1986
1987   340.4    3.65    3.32    6.49                  2830.8    3.64    8.19    8.34   0  1987
1988   354.3    4.08    3.49    6.13                  2993.9    5.76    7.09    8.16   0  1988
1989   371.3    4.80    3.60    5.50                  3158.4    5.49    6.47    7.92   0  1989
1990   391.4    5.41    3.97    4.72                  3276.8    3.75    5.61    7.43   0  1990
1991   408.0    4.24    4.44    4.12                  3377.0    3.06    4.33    6.76   0  1991
1992   420.3    3.01    4.31    3.81                  3430.3    1.58    3.92    6.03   0  1992
1993   432.7    2.95    4.08    3.79                  3480.9    1.48    3.06    5.06   0  1993
1994   444.0    2.61    3.64    3.62                  3496.7    0.45    2.06    4.24   0  1994
1995   456.5    2.82    3.13    3.55                  3640.7    4.12    2.13    3.85   0  1995
1996   469.9    2.94    2.87    3.65                  3820.1    4.93    2.50    3.41   0  1996
1997   480.8    2.32    2.73    3.51                  4033.4    5.58    3.29    3.60   0  1997
1998   488.3    1.56    2.45    3.26                  4377.4    8.53    4.69    3.87   0  1998
1999   499.0    2.19    2.36    3.00                  4635.0    5.88    5.80    3.91   0  1999
2000   515.8    3.37    2.47    2.80                  4917.2    6.09    6.20    4.14   0  2000
2001   530.4    2.83    2.45    2.66                  5431.2   10.45    7.29    4.87   0  2001
2002   538.8    1.58    2.30    2.51                  5784.7    6.51    7.48    5.36   0  2002
2003   551.1    2.28    2.45    2.45                  6071.7    4.96    6.76    5.72   0  2003
2004   565.8    2.67    2.54    2.45                  6412.2    5.61    6.71    6.25   0  2004
2005   585.0    3.39    2.55    2.51                  6674.1    4.08    6.30    6.25   0  2005
2006   603.9    3.23    2.63    2.54                  7033.6    5.39    5.31    6.29   0  2006
2007   621.1    2.85    2.88    2.59                  7438.4    5.76    5.16    6.31   0  2007
2008   645.0    3.84    3.20    2.82                  8153.7    9.62    6.07    6.42   0  2008
---- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ---  ----
Note: composition of M2 from 1867 to 1970 differs from that of M2SL from 1959 to 2008;
      M2SL was used to calculate the 5-year and 10-year annualized percents from 1964 and
      1969, respectively; World War I spans from U.S. entry in 1917 to end of war in 1918;
      Vietnam War spans from 1965 when U.S. forces increased from 23,300 to 184,300 to end
      of war in 1975
Source: CPI, 1913 to 2008: Bureau of Labor Statistics, Series CUUR0000AA0;
        M2, 1959 to 2008: Federal Reserve, Series M2SL;
        older data: Historical Statistics of the United States, Colonial Times to 1970,
        Series E 135 and X 415;
        CPI, 1800 to 1998 figures also at this link

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