Central Reserve City Member Banks in New York City, Classification of Investments: U. S. Government Obligations: Direct: Bills
USGODBILNY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
311.00
Year-over-Year Change
-42.73%
Date Range
10/1/1928 - 12/1/1941
Summary
This economic trend measures the value of U.S. government obligations in the form of bills held by central reserve city member banks in New York City. It provides insight into the investments and portfolio composition of these key financial institutions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Central Reserve City Member Banks in New York City, Classification of Investments: U.S. Government Obligations: Direct: Bills series tracks the holdings of U.S. government bills by major banks in the nation's financial center. This data point is used by economists and policymakers to analyze the allocation of bank assets and liquidity conditions.
Methodology
The data is collected directly from reports submitted by central reserve city member banks in New York City.
Historical Context
Monitoring this trend helps inform monetary policy decisions and assessments of market stability.
Key Facts
- New York City is a central reserve city, a designation for major financial hubs.
- U.S. government bills are short-term debt obligations with maturities of 1 year or less.
- Bank holdings of government bills provide liquidity and low-risk returns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of U.S. government bills held as investments by central reserve city member banks located in New York City.
Q: Why is this trend relevant for users or analysts?
A: Tracking bank holdings of government bills offers insights into liquidity, risk appetite, and the broader condition of the financial system.
Q: How is this data collected or calculated?
A: The data is directly reported by the central reserve city member banks in New York City.
Q: How is this trend used in economic policy?
A: Policymakers monitor this data to assess market stability and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: There may be some time lag in reporting, but the data is considered a reliable indicator of bank investment patterns.
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Citation
U.S. Federal Reserve, Central Reserve City Member Banks in New York City, Classification of Investments: U.S. Government Obligations: Direct: Bills (USGODBILNY), retrieved from FRED.