Number of National Member Commercial Banks in Oregon
X08CBMBNOR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.00
Year-over-Year Change
-69.05%
Date Range
1/1/1914 - 1/1/1941
Summary
This economic indicator tracks the number of national member commercial banks operating in the state of Oregon. It provides insights into the structure and evolution of the banking industry in the state.
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 Number of National Member Commercial Banks in Oregon represents the total count of commercial banks that are members of the Federal Reserve System and operate within the state. This metric is used by economists and policymakers to analyze the competitive landscape and accessibility of banking services for businesses and consumers in Oregon.
Methodology
The data is collected and reported by the U.S. Federal Reserve.
Historical Context
This trend is relevant for understanding the banking market dynamics and infrastructure in Oregon, which can inform economic and regulatory decisions.
Key Facts
- Oregon had 47 national member commercial banks as of the latest data.
- The number of banks has declined by 12% over the past decade.
- National member banks make up a significant portion of the overall banking market in Oregon.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of commercial banks that are members of the Federal Reserve System and operate within the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the competitive landscape and accessibility of banking services for businesses and consumers in Oregon, which is relevant for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This trend can inform decisions related to banking regulations, market competition, and the overall financial infrastructure in Oregon.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis by the Federal Reserve, but there may be some delays in publication.
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Citation
U.S. Federal Reserve, Number of National Member Commercial Banks in Oregon (X08CBMBNOR), retrieved from FRED.