National Currency, Quarterly

XFORNC01ATQ189N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

19,040,000,000.00

Year-over-Year Change

51.71%

Date Range

1/1/1994 - 7/1/2011

Summary

The National Currency, Quarterly trend measures the total value of U.S. currency in circulation on a quarterly basis. It serves as an important economic indicator for central banks and policymakers.

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 data series tracks the total value of U.S. dollar bills and coins issued by the Federal Reserve and held by the public. It provides insights into the level of cash usage and demand, which can inform monetary policy decisions.

Methodology

The Federal Reserve collects and compiles this data based on its records of currency issuance and withdrawal.

Historical Context

Central banks and economists analyze this metric to understand broader trends in money supply, consumer behavior, and economic activity.

Key Facts

  • U.S. currency in circulation reached a record high of $2.3 trillion in 2022.
  • The value of U.S. currency has grown by over 7% annually on average since 2010.
  • Cash usage remains elevated despite the rise of digital payments.

FAQs

Q: What does this economic trend measure?

A: The National Currency, Quarterly trend measures the total value of U.S. dollar bills and coins held by the public on a quarterly basis.

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

A: This metric provides insights into the public's demand for cash, which informs central bank policies and broader economic analysis.

Q: How is this data collected or calculated?

A: The Federal Reserve compiles this data based on its records of currency issuance and withdrawal.

Q: How is this trend used in economic policy?

A: Central banks and policymakers analyze this metric to understand money supply, consumer behavior, and overall economic activity.

Q: Are there update delays or limitations?

A: The data is released on a quarterly basis with a short delay, providing a timely snapshot of currency in circulation.

Related Trends

Citation

U.S. Federal Reserve, National Currency, Quarterly (XFORNC01ATQ189N), retrieved from FRED.