Tuesday, March 17, 2009

BEP: February 2009

BEP data for February 2009:
(http://www.bep.treas.gov/section.cfm/2/431/644)

$1: 137.6 M
$5: none
$10: 64.0 M
$20: 57.6 M
$50: 134.4 M
$100: 166.4 M
average value per bill: $45.16

Highest average value since my records begin in October 2002.

No $5s printed this month, or last month either. Most recent two consecutive months with no $5s printed was November - December, 2004.

Number of $10s and $50s are unusually identical to January 2009 values.

Over the last four months (November 2008 - February 2009), monthly production of $1 bills has been at six-year lows. In same period, $50 bill production and the average bill value have been at six-year highs. These trends are probably related.

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