National currency, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted
BPBLTD01DKQ636S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,940,000,000.00
Year-over-Year Change
-20.90%
Date Range
1/1/1988 - 4/1/2014
Summary
This economic indicator measures the national currency, aggregated over component sub-periods, on a quarterly basis and adjusted for seasonal factors. It provides insights into the overall health and trends of the national currency.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The National Currency, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted metric tracks the value and fluctuations of the national currency over time. This data point is widely used by economists, policymakers, and market analysts to assess the strength and stability of the domestic currency.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
This trend is closely monitored for its implications on trade, inflation, and overall economic performance.
Key Facts
- The national currency is the official legal tender of a country.
- Seasonal adjustments account for regular, predictable variations in economic data.
- Quarterly data provides a more granular view of currency trends compared to annual figures.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the overall value and fluctuations of the national currency on a quarterly basis, with adjustments made for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The national currency value is a crucial indicator of a country's economic health and can impact trade, inflation, and other key economic variables.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to assess the strength and stability of the domestic currency, which can inform decisions on monetary policy, trade, and other economic strategies.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a short delay to allow for seasonal adjustments and compilation.
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Citation
U.S. Federal Reserve, National currency, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted (BPBLTD01DKQ636S), retrieved from FRED.