US Dollars, Sum Over Component Sub-periods, Quarterly, Not Seasonally Adjusted
BPDBIN01NOQ637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,580,020,000.00
Year-over-Year Change
6.48%
Date Range
1/1/1994 - 4/1/2014
Summary
This economic trend measures the total value of U.S. dollars, aggregated across all component sub-periods within a given quarter. It provides insights into the overall size and dynamics of the U.S. dollar supply.
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 US Dollars, Sum Over Component Sub-periods, Quarterly, Not Seasonally Adjusted trend tracks the cumulative value of U.S. dollars in circulation during a given quarter. This metric is useful for economists and policymakers to analyze the money supply and its implications for inflation, economic growth, and monetary policy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on its regular monitoring and reporting of the U.S. currency in circulation.
Historical Context
This trend is widely used by central banks, financial institutions, and economic analysts to assess the broader macroeconomic environment and inform policy decisions.
Key Facts
- The U.S. dollar is the world's reserve currency, accounting for over 60% of global foreign exchange reserves.
- The U.S. money supply grew by 27% in 2020, the fastest annual pace since 1943.
- The Federal Reserve closely monitors the money supply to maintain price stability and support economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of U.S. dollars in circulation, aggregated across all component sub-periods within a given quarter.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the overall size and dynamics of the U.S. money supply, which is a key factor in understanding inflation, economic growth, and the effectiveness of monetary policy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on its regular monitoring and reporting of the U.S. currency in circulation.
Q: How is this trend used in economic policy?
A: Central banks, financial institutions, and economic analysts use this trend to assess the broader macroeconomic environment and inform policy decisions related to monetary policy, inflation targeting, and economic growth.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Quarterly, Not Seasonally Adjusted (BPDBIN01NOQ637N), retrieved from FRED.