Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Georgia
GEOFCBODCLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
550.00
Year-over-Year Change
252.56%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic indicator tracks the number of commercial bank branch locations in the three largest cities in Georgia, excluding the banks' headquarters.
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 Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Georgia metric provides insights into the geographic distribution and accessibility of commercial banking services across the state.
Methodology
The data is collected and reported by the U.S. Federal Reserve.
Historical Context
This trend is used by economists and policymakers to assess the level of financial inclusion and the competitive landscape of the banking sector.
Key Facts
- Georgia has the 8th largest population in the U.S.
- The three largest cities in Georgia are Atlanta, Columbus, and Augusta.
- The number of commercial bank branches in these cities can impact access to financial services.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of commercial bank branch locations in the three largest cities in Georgia, excluding the banks' headquarters.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the geographic distribution and accessibility of commercial banking services across the state, which is important for understanding financial inclusion and the competitive landscape of the banking sector.
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: Economists and policymakers use this trend to assess the level of financial inclusion and the competitive landscape of the banking sector in Georgia.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve, but there may be some delays in reporting.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Georgia (GEOFCBODCLNUM), retrieved from FRED.