BEP Prints 576 Million Notes Worth $9.8 Billion in July - Numismatic News
The Bureau of Engraving and Printing (BEP) is responsible for printing U.S. currency, and their reported July banknotes totals have been released. Note production was substantially lower for the month.
576,000,000 U.S. banknotes were manufactured in July worth $9,766,000,000. That compares to 649.6 million notes worth $15.5 billion in June.
More than $5 billion of the difference came from a reduction of $100s in July. Fewer $5s were also produced while the quantity of $1s, $10s and $20s slightly increased.
Spread across the 31 days in July and counting weekends and holidays, the BEP averaged nearly 18.6 million notes per day with a total daily face value worth $315 million, which would be enough for every man, woman and child in the U.S. to have slighter over $1.
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