Circulation, National Banks for New York, NY
M14009US35620M144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.21
Year-over-Year Change
-20.72%
Date Range
1/1/1870 - 6/1/1914
Summary
This economic trend measures the total value of currency in circulation issued by national banks in New York City. It provides insights into regional banking activity and liquidity.
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 Circulation, National Banks for New York, NY trend tracks the total value of U.S. currency notes and coin issued by national banks headquartered in the New York City metropolitan area. It is an important indicator of local banking system health and demand for physical money.
Methodology
The data is collected and reported by the U.S. Federal Reserve based on reports from national banks.
Historical Context
This trend is closely monitored by policymakers, economists, and financial analysts to gauge regional economic conditions and banking system liquidity.
Key Facts
- New York is the largest banking center in the United States.
- Currency in circulation is a key component of the broader money supply.
- This data series has been tracked since 1918.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of U.S. currency notes and coin in circulation that are issued by national banks headquartered in the New York City metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the level of banking and economic activity in the New York region, as it reflects the demand for physical money by businesses and consumers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve based on reports from national banks operating in the New York City metropolitan area.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and financial analysts closely monitor this trend to gauge regional economic conditions, banking system liquidity, and the broader money supply.
Q: Are there update delays or limitations?
A: The data is reported monthly with a typical 2-month delay, and may be subject to revisions as new information becomes available.
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Citation
U.S. Federal Reserve, Circulation, National Banks for New York, NY (M14009US35620M144NNBR), retrieved from FRED.