Total Currency Outside the Treasury and Federal Reserve Banks for United States
M1435BUSM144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27,506.00
Year-over-Year Change
-1.10%
Date Range
1/1/1914 - 5/1/1949
Summary
This economic trend measures the total amount of physical currency, including coins and paper money, that is circulating outside of the U.S. Treasury and Federal Reserve Banks. It provides insights into money supply and consumer spending patterns.
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 Total Currency Outside the Treasury and Federal Reserve Banks metric represents the value of physical U.S. currency that is actively in circulation, rather than held in bank vaults or government reserves. This data point is a key component of the broader M1 money supply measure and can offer clues about consumer behavior and economic activity.
Methodology
The Federal Reserve collects this data by tracking the total value of currency issued, minus the amount held by the Treasury, Federal Reserve Banks, and depository institutions.
Historical Context
This trend is closely monitored by economists, policymakers, and financial analysts to understand monetary policy and consumer spending.
Key Facts
- Currency in circulation reached a record high in 2022.
- Demand for physical cash often increases during economic uncertainty.
- The U.S. has the world's largest supply of physical currency outside the banking system.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of physical U.S. currency, including coins and paper money, that is actively circulating outside of the U.S. Treasury and Federal Reserve Banks.
Q: Why is this trend relevant for users or analysts?
A: The total currency in circulation provides insights into consumer spending patterns and the broader money supply, which are important factors for economic policymakers and financial analysts.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data by tracking the total value of currency issued, minus the amount held by the Treasury, Federal Reserve Banks, and depository institutions.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this metric to understand consumer behavior, assess the effectiveness of monetary policy, and make informed decisions about the regulation of the money supply.
Q: Are there update delays or limitations?
A: The total currency data is reported weekly by the Federal Reserve with minimal delays, providing timely insights into this important economic indicator.
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Citation
U.S. Federal Reserve, Total Currency Outside the Treasury and Federal Reserve Banks for United States (M1435BUSM144NNBR), retrieved from FRED.