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

BPCRTF01SKQ636N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

178,000,000.00

Year-over-Year Change

-10.55%

Date Range

1/1/1993 - 4/1/2014

Summary

This economic trend measures the total value of U.S. national currency in circulation during a given quarter. It is an important indicator of the money supply and overall economic 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 Over Component Sub-periods, Quarterly, Not Seasonally Adjusted series tracks the total dollar value of physical U.S. currency, including Federal Reserve notes and U.S. Treasury currency, that is circulating in the economy each quarter. This metric provides insights into the overall money supply and consumer demand.

Methodology

The data is collected by the U.S. Federal Reserve through its regular monitoring of the U.S. currency supply.

Historical Context

Policymakers and analysts use this metric to assess macroeconomic conditions and guide monetary policy decisions.

Key Facts

  • U.S. national currency in circulation totaled $2.3 trillion as of Q4 2022.
  • Currency in circulation has grown by over 40% since the start of the COVID-19 pandemic.
  • The Federal Reserve closely monitors national currency levels to guide monetary policy decisions.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of U.S. national currency, including Federal Reserve notes and U.S. Treasury currency, that is in circulation during a given quarter.

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

A: The national currency in circulation is an important indicator of the overall money supply and consumer demand, which are key factors considered by policymakers when making monetary policy decisions.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Federal Reserve through its regular monitoring of the U.S. currency supply.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to assess macroeconomic conditions and guide monetary policy decisions, such as setting interest rates and managing the money supply.

Q: Are there update delays or limitations?

A: The data is published quarterly with a relatively short delay, providing timely insights into the U.S. currency supply.

Related Trends

Citation

U.S. Federal Reserve, National currency, Sum Over Component Sub-periods, Quarterly, Not Seasonally Adjusted (BPCRTF01SKQ636N), retrieved from FRED.