Value of Currency in Circulation: $1
CURRVAL1 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.90
Year-over-Year Change
44.66%
Date Range
1/1/1993 - 1/1/2024
Summary
The Value of Currency in Circulation: $1 tracks the total dollar amount of $1 bills currently in circulation within the U.S. economy. This metric provides insights into cash usage patterns and monetary dynamics at the most fundamental currency denomination level.
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
This economic indicator represents the aggregate value of $1 bills held by the public, financial institutions, and in reserve. Economists analyze this trend to understand cash transaction behaviors, liquidity preferences, and potential shifts in consumer spending patterns.
Methodology
The Federal Reserve calculates this value by tracking the total number of $1 bills in circulation and multiplying by their face value.
Historical Context
Policymakers and economists use this data to assess monetary circulation, consumer behavior, and potential inflationary pressures.
Key Facts
- $1 bills represent a significant portion of low-denomination currency in circulation
- Tracking helps understand cash usage trends and economic liquidity
- Provides insights into consumer transaction preferences
FAQs
Q: Why is tracking $1 bill circulation important?
A: It helps economists understand cash usage patterns and consumer spending behaviors. The trend provides insights into economic liquidity and transaction preferences.
Q: How often is this data updated?
A: The Federal Reserve typically updates currency circulation data weekly or monthly. Precise update frequencies can vary based on reporting cycles.
Q: What factors influence $1 bill circulation?
A: Factors include retail transactions, cash preferences, digital payment adoption, and overall economic conditions. Consumer behavior significantly impacts circulation trends.
Q: Can this data predict economic trends?
A: While not a definitive predictor, changes in $1 bill circulation can signal shifts in consumer spending and economic activity. It's one of many indicators economists consider.
Q: Are digital payments affecting $1 bill circulation?
A: Digital payment methods are gradually reducing cash transactions, potentially impacting the circulation of low-denomination bills like $1. However, cash remains important in many economic segments.
Related News
Gen Z In the U.S. Shifts From Spending To Saving Habits
How Gen Z's Shift from Spending to Saving is Impacting the US Economy Recent trends indicate a significant shift in the spending habits of Gen Z, w...
S&P 500 Rises With Optimistic U.S. Inflation Report
S&P 500 Soars: Positive U.S. Inflation Developments The S&P 500, a primary stock index that tracks the performance of 500 major U.S. companies, has...
U.S. Stock Market Futures Rise On Inflation and Tariff News
US Stock Market Futures Rise Amid Inflation Data and Tariff News US stock market futures are on the rise, driven by significant updates in inflatio...
U.S. Treasury Yields Decline After Inflation Data Meet Expectations
US Treasury Yields Drop as Inflation Data Meets Expectations US Treasury yields have seen a noticeable decline recently, as the latest inflation da...
U.S. Stock Market Rises Amid PCE Inflation Report Analysis
U.S. Stock Market Climbs Amidst Insights from PCE Inflation Report Investors in the U.S. stock market are focusing on the most recent PCE Inflation...
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures...
Similar CURRVAL Trends
Citation
U.S. Federal Reserve, Value of Currency in Circulation: $1 [CURRVAL1], retrieved from FRED.
Last Checked: 8/1/2025