Total Deposits in All Banks in the United States
X02DT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
81,780.00
Year-over-Year Change
48.05%
Date Range
1/1/1914 - 7/1/1941
Summary
The 'Total Deposits in All Banks in the United States' measure the total dollar value of deposits held by all commercial banks and savings institutions in the U.S. This metric is a key indicator of the overall liquidity and lending capacity of the banking system.
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
This economic indicator tracks the total dollar amount of all deposits, including checking, savings, and time deposits, across the U.S. banking sector. It provides insight into the funding and lending potential of banks, which is crucial for economic growth and stability.
Methodology
The data is collected and aggregated by the U.S. Federal Reserve from regulatory filings of commercial banks and savings institutions.
Historical Context
Policymakers and analysts monitor this series to assess the health and lending capacity of the banking system and its implications for the broader economy.
Key Facts
- Total bank deposits in the U.S. reached a record high of over $17 trillion in 2022.
- Bank deposits have grown rapidly since the COVID-19 pandemic, reflecting increased savings and decreased spending.
- The banking sector's deposit base is a key source of funding for loans and investments that support economic activity.
FAQs
Q: What does this economic trend measure?
A: The 'Total Deposits in All Banks in the United States' indicator tracks the total dollar value of deposits held by all commercial banks and savings institutions in the U.S.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial indicator of the overall liquidity and lending capacity of the banking system, which has important implications for economic growth and stability.
Q: How is this data collected or calculated?
A: The data is collected and aggregated by the U.S. Federal Reserve from regulatory filings of commercial banks and savings institutions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this series to assess the health and lending capacity of the banking system and its implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically within a few weeks of the end of each reporting period.
Related Trends
Number of Insured Nonmember Commercial Banks in Washington
X08CBNMBIWA
Balances with Domestic Banks in All Insured Commercial Banks in Cities with 500,000 or Fewer Residents
X10AICBBDBO5L
Gross Demand Deposits in Member Banks in Places with Fewer Than 15,000 Residents
X11GDD015L
Loans and Investments in Insured Nonmember Commercial Banks in Cities with 500,000 or More Residents
X10INCBLIO5M
Total Interbank Deposits in All Member Banks
X10AMBIDT
Total Decreases in the Number of State Member Banks
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Citation
U.S. Federal Reserve, Total Deposits in All Banks in the United States (X02DT), retrieved from FRED.