US Government Prints $25.5 Billion in Banknotes in July 2013

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American Money

More money was printed by the United States government in July, though the total value and types of bills fell from June, data from the agency responsible for manufacturing U.S. currency shows.

524.8 million in $1s, $5s and $100’s were printed for a total value exceeding $25.5 billion, according to July production figures from the Bureau of Engraving and Printing (BEP). The amount of banknotes marks a 13.5% increase from May’s 462.4 million while the total dollar value is down 2.7% from the prior month’s $26.2 billion.

Last month the BEP did not make $10’s compared to the 76.8 million in May. Also, there were 960,000 fewer $5s and $100s dropped by 640,000. Ground was made up and then some with $1s as 140.8 million more were printed than in the previous month.

Here are reports from the BEP showing the type of banknotes printed for the month:

June 2013 BEP Money Production

Facility at Washington, DC

BEP Production Washington DC July 2013

Facility at Fort Worth, TX

BEP Production Fort Worth TX July 2013

The following table offers the type, the amount and the total value of denominations printed by the BEP in July.

Banknotes by Denomination, Total Printed and Values

July 2013

Banknote Denomination Total Printed Total Value ($)
$1.00 204,800,000 204,800,000
$5.00 70,400,000 352,000,000
$10.00 0 0
$20.00 0 0
$50.00 0 0
$100.00 249,600,000 24,960,000,000
July 2013 Totals 524,800,000 $25,516,800,000

 

For comparison, tables of the previous two monthly production totals are below:

June 2013

Banknote Denomination Total Printed Total Value ($)
$1.00 64,000,000 64,000,000
$5.00 71,360,000 356,800,000
$10.00 76,800,000 768,000,000
$20.00 0 0
$50.00 0 0
$100.00 250,240,000 25,024,000,000
June 2013 Totals 462,400,000 $26,212,800,000

 

May 2013

Banknote Denomination Total Printed Total Value ($)
$1.00 134,400,000 134,400,000
$5.00 44,800,000 224,000,000
$10.00 70,400,000 704,000,000
$20.00 44,800,000 896,000,000
$50.00 0 0
$100.00 375,392,000 37,539,200,000
May 2013 Totals 669,792,000 $39,497,600,000

 

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Kevin

How’s a bout the $80,000,000,000 a month in electronic printing, month after month after month after month. No wonder the inflation stats are “tweaked.”