Currency Held by the Public for United States
M1425AUSM144SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,300.00
Year-over-Year Change
0.38%
Date Range
5/1/1907 - 12/1/1946
Summary
The 'Currency Held by the Public' trend measures the total value of U.S. currency in circulation outside of the Federal Reserve and depository institutions. It is a key metric of money supply and 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
This series represents the total dollar value of physical U.S. currency, such as Federal Reserve notes and coins, that is held by the general public rather than financial institutions. It is an important indicator of consumer behavior and liquidity in the economy.
Methodology
The Federal Reserve collects this data through its regular monetary reports and surveys of depository institutions.
Historical Context
Policymakers monitor this trend to understand broader macroeconomic conditions and the public's demand for physical cash.
Key Facts
- U.S. currency in circulation reached a record high of over $2 trillion in 2022.
- Cash holdings as a percentage of M1 money supply have increased since the COVID-19 pandemic.
- The public's demand for physical currency is influenced by factors like interest rates and economic uncertainty.
FAQs
Q: What does this economic trend measure?
A: The 'Currency Held by the Public' trend measures the total value of physical U.S. currency, such as Federal Reserve notes and coins, that is held by the general public rather than financial institutions.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of consumer behavior, money supply, and overall economic activity. It provides insights into the public's demand for physical cash versus other forms of money.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data through its regular monetary reports and surveys of depository institutions.
Q: How is this trend used in economic policy?
A: Policymakers monitor the 'Currency Held by the Public' trend to understand broader macroeconomic conditions and the public's demand for physical cash, which can inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The Federal Reserve publishes this data on a regular basis, with some minor delays due to the time required for data collection and reporting.
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Citation
U.S. Federal Reserve, Currency Held by the Public for United States (M1425AUSM144SNBR), retrieved from FRED.