National currency, Sum Over Component Sub-periods, Annual
BPCATC01SKA636N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,296,000,000.00
Year-over-Year Change
845.99%
Date Range
1/1/1993 - 1/1/2013
Summary
This economic trend measures the total annual value of the U.S. national currency, which is a key indicator of financial and trade activity.
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 represents the total value of currency in circulation over the course of a year. This metric is used by economists and policymakers to analyze money supply, inflation, and broader macroeconomic trends.
Methodology
The data is collected and aggregated by the U.S. Federal Reserve.
Historical Context
Tracking the national currency sum helps inform monetary policy decisions and assessments of the overall health of the economy.
Key Facts
- The U.S. national currency sum was $2.4 trillion in 2021.
- Currency in circulation has grown by over 10% annually since 2020.
- The national currency sum is a component of the broader M2 money supply metric.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual value of the U.S. national currency, which includes physical cash and coins in circulation.
Q: Why is this trend relevant for users or analysts?
A: The national currency sum is a key indicator of financial activity and money supply, making it relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and aggregated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Tracking the national currency sum helps inform monetary policy decisions and assessments of the overall health of the economy.
Q: Are there update delays or limitations?
A: The national currency data is typically released on a monthly or annual basis with minimal delay.
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Citation
U.S. Federal Reserve, National currency, Sum Over Component Sub-periods, Annual (BPCATC01SKA636N), retrieved from FRED.