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

BPCRTF01CAQ636N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3,480,000,000.00

Year-over-Year Change

21.64%

Date Range

1/1/1990 - 10/1/2013

Summary

This economic trend measures the total value of national currency circulation in the United States on a quarterly basis. It provides insights into the overall money supply and demand within the economy.

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, Not Seasonally Adjusted metric tracks the total amount of physical U.S. currency in circulation. This data is used by economists and policymakers to analyze trends in money supply and consumer spending patterns.

Methodology

The data is collected and calculated by the U.S. Federal Reserve based on its own internal accounting of currency in circulation.

Historical Context

This trend is a key indicator of consumer and business liquidity, which influences economic growth, inflation, and monetary policy decisions.

Key Facts

  • U.S. currency in circulation totaled $2.3 trillion as of Q4 2022.
  • The value of U.S. currency in circulation has grown by over 50% since 2017.
  • Cash is still widely used for consumer transactions, accounting for over 25% of all payments.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of physical U.S. currency in circulation on a quarterly basis, providing insights into the overall money supply.

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

A: This data is important for economists and policymakers to analyze trends in consumer spending, liquidity, and the broader money supply, which 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 its internal accounting of physical currency in circulation.

Q: How is this trend used in economic policy?

A: Trends in national currency circulation are used by the Federal Reserve and other institutions to monitor consumer demand, inflation, and the overall health of the economy, informing monetary policy decisions.

Q: Are there update delays or limitations?

A: The data is released on a quarterly basis with a typical 2-3 month lag, and may not account for all physical currency transactions.

Related Trends

Citation

U.S. Federal Reserve, National currency, Sum Over Component Sub-periods, Quarterly, Not Seasonally Adjusted (BPCRTF01CAQ636N), retrieved from FRED.