National currency, Sum Over Component Sub-periods, Annual
BPFADI01SEA636N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
252,321,290,000.00
Year-over-Year Change
576.13%
Date Range
1/1/1982 - 1/1/2013
Summary
This economic trend measures the total annual national currency, which is an important indicator of a country's financial activity and economic health.
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 trend represents the total value of a country's currency in circulation over the course of a year. This metric is closely watched by economists and policymakers as it provides insights into the overall level of economic activity and financial transactions.
Methodology
The data is collected by the U.S. Federal Reserve through monitoring the supply and flow of national currency.
Historical Context
This trend is used to analyze macroeconomic conditions and inform monetary policy decisions.
Key Facts
- The U.S. national currency in circulation reached a record high in 2021.
- Changes in the national currency trend can signal shifts in consumer spending and economic activity.
- Monitoring the national currency trend is crucial for central banks to manage inflation and interest rates.
FAQs
Q: What does this economic trend measure?
A: The national currency, sum over component sub-periods, annual trend measures the total value of a country's currency in circulation over the course of a year.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the overall level of economic activity and financial transactions, making it a key metric for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through monitoring the supply and flow of national currency.
Q: How is this trend used in economic policy?
A: The national currency trend is used to analyze macroeconomic conditions and inform monetary policy decisions, such as adjusting interest rates and managing inflation.
Q: Are there update delays or limitations?
A: The national currency data is typically updated on a regular basis, with minimal delays, providing a timely snapshot of the country's financial activity.
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Citation
U.S. Federal Reserve, National currency, Sum Over Component Sub-periods, Annual (BPFADI01SEA636N), retrieved from FRED.