Demand Deposits Adjusted, Reporting Member Banks, Federal Reserve System for United States
M1478CUSM027NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.40
Year-over-Year Change
0.83%
Date Range
7/1/1946 - 2/1/1953
Summary
This economic trend measures the value of demand deposits held by reporting member banks of the Federal Reserve System in the United States. It is a key component of the M1 money supply and provides insights into the liquidity and spending patterns of businesses and consumers.
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
Demand deposits are funds held in checking accounts or other accounts that can be immediately withdrawn. This metric tracks the total dollar value of these readily accessible funds, offering insights into the overall level of money in circulation and consumer/business spending behaviors.
Methodology
The data is collected and reported by the Federal Reserve based on deposits held at member banks.
Historical Context
Policymakers and analysts use this trend to monitor the broader money supply and assess economic conditions.
Key Facts
- Demand deposits are a key component of the M1 money supply.
- This metric provides insights into consumer and business liquidity and spending patterns.
- The data is collected and reported by the Federal Reserve based on deposits held at member banks.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of demand deposits held by reporting member banks of the Federal Reserve System in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into the overall level of money in circulation and consumer/business spending behaviors, which are important for policymakers and analysts to monitor economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Federal Reserve based on deposits held at member banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the broader money supply and assess economic conditions.
Q: Are there update delays or limitations?
A: The data is regularly updated by the Federal Reserve, but there may be occasional reporting delays or other limitations inherent to the collection process.
Related Trends
Bank Deposits, National Banks, Country Districts for United States
M14028USM144NNBR
Outstanding Note Circulation, All Banks for Germany
M1488ADEM421NNBR
Net Change in Commercial and Industrial Loans, Weekly Reporting Member Banks, Federal Reserve System for United States
M1491AUSM144NNBR
Demand Deposits, Member Banks, Federal Reserve System for United States
M14166USM144SNBR
Circulation, National Banks for New York, NY
M14009US35620M144NNBR
Loans and Discounts, National Banks, Country Districts for United States
M14016USM144NNBR
Citation
U.S. Federal Reserve, Demand Deposits Adjusted, Reporting Member Banks, Federal Reserve System for United States (M1478CUSM027NNBR), retrieved from FRED.