Other Currency Outside the Treasury and Federal Reserve Banks for United States

M1436CUSM144NNBR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2,016.00

Year-over-Year Change

-0.49%

Date Range

3/1/1919 - 5/1/1949

Summary

This economic trend measures the amount of currency and coin held by the public outside the U.S. Treasury and Federal Reserve banks. It provides insight into the public's demand for physical money.

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 'Other Currency Outside the Treasury and Federal Reserve Banks' metric represents the total U.S. currency in circulation, excluding holdings by the government and Federal Reserve system. It is a key component of the M1 money supply and is used to analyze changes in public cash holdings.

Methodology

The Federal Reserve collects this data through reports from banks, the U.S. Mint, and other financial institutions.

Historical Context

This trend is closely watched by policymakers, economists, and financial analysts to gauge consumer and business demand for physical money.

Key Facts

  • This metric has increased from $1.31 trillion in January 2020 to $1.87 trillion in January 2023.
  • Currency in circulation represents about 40% of the M1 money supply as of January 2023.
  • The Federal Reserve closely monitors this trend to understand changes in public demand for physical cash.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total U.S. currency and coin held by the public outside of the U.S. Treasury and Federal Reserve banks.

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

A: This metric provides insight into public demand for physical money, which is an important factor for policymakers and economists analyzing the money supply and consumer behavior.

Q: How is this data collected or calculated?

A: The Federal Reserve collects this data through reports from banks, the U.S. Mint, and other financial institutions.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to gauge changes in public cash holdings, which can inform decisions around monetary policy and financial regulations.

Q: Are there update delays or limitations?

A: This data is published with a short lag, typically 1-2 months, and may be subject to minor revisions over time.

Related Trends

Citation

U.S. Federal Reserve, Other Currency Outside the Treasury and Federal Reserve Banks for United States (M1436CUSM144NNBR), retrieved from FRED.