National currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted

BPDBTD01LUA636N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

19,271,000,000.00

Year-over-Year Change

49.97%

Date Range

1/1/1995 - 1/1/2013

Summary

This economic trend measures the total U.S. national currency outstanding on an annual basis, providing insights into the overall money supply and financial 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

The National Currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted metric tracks the total value of U.S. currency and coin in circulation over the course of a year. This data is used by economists and policymakers to analyze trends in the money supply and broader financial conditions.

Methodology

The data is collected and calculated by the U.S. Federal Reserve based on the total value of U.S. currency and coin in circulation.

Historical Context

This metric is closely watched by the Federal Reserve and financial markets as an indicator of economic activity and inflationary pressures.

Key Facts

  • The U.S. national currency outstanding has grown from $1.8 trillion in 2010 to over $2.2 trillion in 2022.
  • Currency in circulation accounts for around 40% of the total U.S. money supply (M2).
  • The COVID-19 pandemic led to a surge in currency demand as consumers held more cash.

FAQs

Q: What does this economic trend measure?

A: The National Currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted metric tracks the total value of U.S. currency and coin in circulation over the course of a year.

Q: Why is this trend relevant for users or analysts?

A: This data is used by economists and policymakers to analyze trends in the money supply and broader financial conditions, as the national currency outstanding is a key indicator of economic activity and inflationary pressures.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Federal Reserve based on the total value of U.S. currency and coin in circulation.

Q: How is this trend used in economic policy?

A: The Federal Reserve and financial markets closely monitor this metric as an indicator of economic activity and inflationary pressures, using it to inform monetary policy decisions.

Q: Are there update delays or limitations?

A: The data is released annually by the Federal Reserve with minimal delays, providing a timely snapshot of the national currency outstanding.

Related Trends

Citation

U.S. Federal Reserve, National Currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted (BPDBTD01LUA636N), retrieved from FRED.