National currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted

BPBLTT01CHA636N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

78,366,460,000.00

Year-over-Year Change

122.04%

Date Range

1/1/1972 - 1/1/2013

Summary

This economic trend measures the annual total value of the U.S. national currency, providing insight into the overall monetary supply and related macroeconomic conditions.

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 series tracks the total value of U.S. dollar bills and coins in circulation, which is a key indicator of the country's money supply. Economists and policymakers use this data to assess the broader economic environment and inform monetary policy decisions.

Methodology

The data is collected and calculated by the U.S. Federal Reserve based on direct reporting from domestic banks and financial institutions.

Historical Context

This trend is widely used by economists, analysts, and policymakers to monitor the money supply and its potential impacts on inflation, interest rates, and overall economic performance.

Key Facts

  • The U.S. national currency in circulation reached a record high of $2.2 trillion in 2022.
  • Cash is still the most common payment method for consumer transactions in the U.S.
  • The Federal Reserve closely monitors the national currency trend to inform monetary policy decisions.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of U.S. dollar bills and coins in circulation, providing insight into the overall money supply.

Q: Why is this trend relevant for users or analysts?

A: The national currency trend is a key indicator used by economists and policymakers to assess broader economic conditions and inform monetary policy decisions.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Federal Reserve based on direct reporting from domestic banks and financial institutions.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to monitor the money supply and its potential impacts on inflation, interest rates, and overall economic performance.

Q: Are there update delays or limitations?

A: The national currency data is updated annually by the Federal Reserve with minimal delays, providing a reliable indicator of the U.S. money supply.

Related Trends

Citation

U.S. Federal Reserve, National currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted (BPBLTT01CHA636N), retrieved from FRED.