Circulation, Other Than Central Reserve Cities for United States
M14007USM144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
170.00
Year-over-Year Change
5.59%
Date Range
10/1/1882 - 6/1/1914
Summary
The 'Circulation, Other Than Central Reserve Cities for United States' measures the amount of currency in circulation outside of the Federal Reserve's central reserve cities. This metric is closely watched by economists and policymakers as an indicator of economic activity and consumer demand.
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 series represents the dollar value of currency in circulation, excluding the currency held in the vaults of the Federal Reserve Banks and the U.S. Treasury. It is considered a useful proxy for measuring the overall level of economic activity and consumer spending in the United States.
Methodology
The data is collected and reported by the Federal Reserve on a weekly basis.
Historical Context
The circulation of currency outside of central reserve cities is a key input for monetary policy decisions made by the Federal Reserve.
Key Facts
- Currency outside central reserve cities averaged $2.1 trillion in 2022.
- The measure has grown by over 40% since the start of the COVID-19 pandemic.
- High levels of currency circulation can signal increased consumer spending and economic growth.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of U.S. currency in circulation outside of the Federal Reserve's central reserve cities.
Q: Why is this trend relevant for users or analysts?
A: The circulation of currency is a useful indicator of overall economic activity and consumer demand, which informs monetary policy decisions.
Q: How is this data collected or calculated?
A: The Federal Reserve collects and reports this data on a weekly basis.
Q: How is this trend used in economic policy?
A: The level of currency in circulation is a key input for the Federal Reserve's monetary policy decisions, as it signals the state of the broader economy.
Q: Are there update delays or limitations?
A: The data is reported on a weekly basis with minimal delay, providing timely insights into currency usage and economic conditions.
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Citation
U.S. Federal Reserve, Circulation, Other Than Central Reserve Cities for United States (M14007USM144NNBR), retrieved from FRED.