Liabilities and Capital: Liabilities: Federal Reserve Notes Outstanding: Wednesday Level
RESPPLLNONWW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,809,642.00
Year-over-Year Change
0.21%
Date Range
6/14/2006 - 8/6/2025
Summary
This economic indicator tracks the total value of Federal Reserve notes (paper currency) in circulation on a given Wednesday. It provides insight into the money supply and liquidity in the U.S. financial system.
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 Federal Reserve Notes Outstanding metric represents the total face value of physical currency currently circulating in the economy. Economists use this data to understand monetary circulation, potential inflationary pressures, and overall economic liquidity.
Methodology
The data is collected weekly by the Federal Reserve, measuring the total dollar value of paper currency in circulation at a specific point in time.
Historical Context
This metric is crucial for monetary policy analysis, helping the Federal Reserve monitor currency circulation and make informed decisions about money supply management.
Key Facts
- Measures the total value of paper currency in circulation
- Updated weekly by the Federal Reserve
- Important indicator of economic liquidity and monetary conditions
FAQs
Q: What does Federal Reserve Notes Outstanding represent?
A: It represents the total face value of paper currency currently circulating in the U.S. economy at a specific point in time.
Q: How often is this data updated?
A: The data is collected and updated on a weekly basis, typically reflecting the currency in circulation on a Wednesday.
Q: Why is this metric important?
A: It helps economists and policymakers understand money supply, potential inflationary pressures, and overall economic liquidity.
Q: How does this relate to monetary policy?
A: The Federal Reserve uses this data to monitor currency circulation and make informed decisions about money supply management.
Q: What are the limitations of this metric?
A: While informative, it only captures physical currency and does not include digital money or other forms of financial assets.
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Citation
U.S. Federal Reserve, Liabilities and Capital: Liabilities: Federal Reserve Notes Outstanding: Wednesday Level [RESPPLLNONWW], retrieved from FRED.
Last Checked: 8/1/2025