Millions of Dollars
WFASECL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
696,041.00
Year-over-Year Change
0.43%
Date Range
12/18/2002 - 11/7/2012
Summary
The 'Millions of Dollars' series tracks financial aggregates and monetary measurements across the U.S. economy. This metric provides critical insights into economic scale, liquidity, and financial system dynamics.
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 a broad measurement of financial volumes or transactions expressed in millions of dollars. Economists use this series to understand monetary flows, assess economic health, and track systemic financial changes.
Methodology
Data is collected through comprehensive financial reporting from federal agencies, banking institutions, and economic monitoring systems.
Historical Context
This trend is utilized in macroeconomic analysis, monetary policy assessment, and financial market forecasting.
Key Facts
- Represents comprehensive financial measurements
- Provides insights into economic scale and transactions
- Used by policymakers and financial analysts
FAQs
Q: What does the WFASECL series specifically measure?
A: The series tracks financial aggregates in millions of dollars, providing a broad view of economic monetary volumes.
Q: How frequently is this data updated?
A: Typically, this data is updated quarterly or monthly, depending on the specific financial reporting mechanisms.
Q: Why are millions of dollars important in economic analysis?
A: Measuring in millions allows economists to track large-scale financial movements and systemic economic trends.
Q: How do policymakers use this data?
A: Policymakers analyze these trends to understand economic health, inform monetary policy, and assess financial system dynamics.
Q: What are the limitations of this measurement?
A: While comprehensive, the series may not capture all nuanced economic activities and requires contextual interpretation.
Related Trends
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RESH4SCSXAWXCH1NWW
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Resources and Assets: Gold in Transit or in Custody from Foreign Banks and Gold Held Abroad
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Liabilities and Capital: Liabilities: Deposits with F.R. Banks, Other Than Reserve Balances: Term Deposits Held by Depository Institutions: Change in Wednesday Level from Previous Wednesday Level
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Resources and Assets: Gold and Gold Certificates: Gold Certificate Account
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Citation
U.S. Federal Reserve, Millions of Dollars [WFASECL], retrieved from FRED.
Last Checked: 8/1/2025