All Employees: Professional and Business Services in Minnesota

Monthly, Not Seasonally Adjusted

MNPBSVN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

377.00

Year-over-Year Change

-0.19%

Date Range

1/1/1990 - 7/1/2025

Summary

The 'Monthly, Not Seasonally Adjusted' trend measures the net interest margin for U.S. banks. This metric is closely watched by economists and policymakers as an indicator of banking industry profitability and financial stability.

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 net interest margin tracks the difference between the interest income a bank earns on loans and the interest it pays on deposits. This provides insight into a bank's ability to generate income and manage interest rate risk.

Methodology

The data is collected and calculated by the U.S. Federal Reserve.

Historical Context

Trends in the net interest margin are used to assess the overall health and competitiveness of the U.S. banking sector.

Key Facts

  • The net interest margin averaged 3.07% in 2022.
  • The margin has declined from a high of 3.32% in 2015.
  • Lower interest margins can squeeze bank profits and lending.

FAQs

Q: What does this economic trend measure?

A: The 'Monthly, Not Seasonally Adjusted' trend measures the net interest margin for U.S. banks, which is the difference between interest income and interest expense.

Q: Why is this trend relevant for users or analysts?

A: The net interest margin is a key indicator of banking industry profitability and financial stability that is closely watched by economists and policymakers.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Federal Reserve.

Q: How is this trend used in economic policy?

A: Trends in the net interest margin are used to assess the overall health and competitiveness of the U.S. banking sector, which informs economic and regulatory policies.

Q: Are there update delays or limitations?

A: The data is released monthly with a short lag, providing timely insights into the banking industry.

Related Trends

Citation

U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (MNPBSVN), retrieved from FRED.