National currency, Sum Over Component Sub-periods, Annual
BPFADI01CAA636N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,073,685,370.61
Year-over-Year Change
-361.45%
Date Range
1/1/1990 - 1/1/2013
Summary
This economic trend measures the annual sum of the U.S. national currency issued over component sub-periods. It provides insight into the overall money supply and its growth.
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 metric tracks the total value of physical U.S. dollar bills and coins placed into circulation over the course of a year. It offers a high-level view of the expansion of the domestic money supply.
Methodology
The Federal Reserve collects and aggregates data on currency issuance from banks and other financial institutions.
Historical Context
Policymakers and analysts use this metric to monitor inflation, economic growth, and the effectiveness of monetary policies.
Key Facts
- The U.S. money supply has grown from $58 billion in 1959 to over $2 trillion today.
- Currency in circulation accounts for about 25% of the total U.S. money supply.
- The Federal Reserve can influence the money supply through open market operations and adjusting interest rates.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical U.S. dollar bills and coins placed into circulation over the course of a year, providing insight into the overall money supply.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding inflation, economic growth, and the effectiveness of monetary policies implemented by the Federal Reserve.
Q: How is this data collected or calculated?
A: The Federal Reserve collects and aggregates data on currency issuance from banks and other financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor the growth of the money supply and inform decisions around monetary policy, such as adjusting interest rates.
Q: Are there update delays or limitations?
A: This data is published monthly by the Federal Reserve with minimal delay, providing timely insight into changes in the money supply.
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Citation
U.S. Federal Reserve, National currency, Sum Over Component Sub-periods, Annual (BPFADI01CAA636N), retrieved from FRED.