Although the government annually produces about 70 new coins for every man, woman, and child, the economy’s need for coins can vary from year to year. So how do the U.S. Mint, which makes the coins, and the Federal Reserve, which distributes them, decide how many coins the economy needs? Dean Croushore highlights some facts about coins and describes how demand for change is forecast.
Copyright © 2003 Federal Reserve Bank of Philadelphia. This article first appeared in Business Review - Federal Reserve Bank of Philadelphia Q2 (April 2003): 6-13.
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Croushore, Dean. "U.S. Coins: Forecasting Change" Business Review - Federal Reserve Bank of Philadelphia Q2 (April 2003): 6-13.