National currency, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted
BPCRTD01PTQ636S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,964,000,000.00
Year-over-Year Change
11.94%
Date Range
1/1/1996 - 4/1/2014
Summary
This economic trend measures the value of the U.S. national currency, summed over quarterly time periods and adjusted for seasonal variations. It provides insights into the stability and performance of the domestic currency.
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 National currency, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted metric tracks the total value of the U.S. dollar on a quarterly basis, with adjustments made to account for typical seasonal fluctuations. This data point is closely monitored by economists and policymakers to assess the strength and stability of the American currency.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Historical Context
This trend is used to inform economic policy decisions and provide context for evaluating the U.S. dollar's performance in global financial markets.
Key Facts
- The U.S. dollar is the world's primary reserve currency.
- This trend has shown gradual appreciation of the national currency over the past decade.
- Fluctuations in the national currency value can impact import/export competitiveness and inflation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of the U.S. national currency on a quarterly basis, with adjustments made to account for typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The strength and stability of the U.S. dollar is a key indicator for economists, policymakers, and market participants when assessing the performance of the American economy and its position in global financial markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: This trend provides important context for the Federal Reserve and other policymakers when evaluating monetary policy decisions and their potential impact on the U.S. dollar and international trade competitiveness.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical lag of several weeks between the end of the quarter and the publication of the updated figures.
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Citation
U.S. Federal Reserve, National currency, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted (BPCRTD01PTQ636S), retrieved from FRED.