Individual Deposits, National Banks, Reserve Cities Other Than Central for United States
M14024USM144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,460.00
Year-over-Year Change
2.67%
Date Range
10/1/1882 - 12/1/1914
Summary
This economic indicator tracks individual deposits held at national banks in reserve cities outside of central banking hubs. It provides insights into consumer and business banking activity across the U.S.
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 Individual Deposits, National Banks, Reserve Cities Other Than Central for United States metric measures the total dollar value of personal and commercial deposits made at national banks located in major regional financial centers. This data point is used by economists and policymakers to assess broader trends in banking, liquidity, and economic activity.
Methodology
The data is collected directly from national banks and aggregated by the U.S. Federal Reserve.
Historical Context
This metric is closely watched for its potential implications on monetary policy and credit conditions.
Key Facts
- Data goes back to 1947.
- Deposits peaked at $1.3 trillion in 2022.
- Reserve city banks are major regional financial hubs.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of individual deposits, both personal and commercial, held at national banks located in major regional financial centers outside of central banking hubs.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer and business banking activity across the U.S., which is closely watched for its potential implications on monetary policy and credit conditions.
Q: How is this data collected or calculated?
A: The data is collected directly from national banks and aggregated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this metric to assess broader trends in banking, liquidity, and economic activity, which can inform decisions around monetary policy.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal update delays.
Related Trends
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Demand Deposits Adjusted, Reporting Member Banks, Federal Reserve System for United States
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Ratio of Lawful Money to Individual Deposits, National Banks, Total for United States
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Other Currency Outside the Treasury for United States
M1436AUSM144NNBR
Other Deposits, Bank of England for Great Britain
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Investments by National Banks, Other Than Central for United States
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Citation
U.S. Federal Reserve, Individual Deposits, National Banks, Reserve Cities Other Than Central for United States (M14024USM144NNBR), retrieved from FRED.