Word on the Street: Carrying cash

A new study by the Federal Reserve Bank of Boston found that the average American carries about $22 in cash on them daily. The same study found that the amount of cash in circulation actually keeps

News 12 Staff

Jan 16, 2015, 12:23 AM

Updated 3,476 days ago

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A new study by the Federal Reserve Bank of Boston found that the average American carries about $22 in cash on them daily.
The same study found that the amount of cash in circulation actually keeps rising. There is $1.2 trillion in cash outside of banks, which is up 20 percent since 2011.
News 12 The Bronx hit the streets to find out much cash residents carry on them on average.


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