Number of State Member Commercial Banks in Missouri
X08CBMBSMO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.00
Year-over-Year Change
240.00%
Date Range
1/1/1919 - 1/1/1941
Summary
The 'Number of State Member Commercial Banks in Missouri' series tracks the total number of state-chartered commercial banks that are members of the Federal Reserve System in the state of Missouri.
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 trend provides insights into the banking landscape and competitive dynamics within Missouri. It is an important indicator for policymakers, researchers, and financial institutions interested in understanding the structure and composition of the state's banking sector.
Methodology
The data is collected and reported by the U.S. Federal Reserve.
Historical Context
This metric is used to monitor changes in the state's banking industry and can inform decisions related to banking regulations, competition, and financial stability.
Key Facts
- Missouri had 89 state member commercial banks as of the latest data.
- The number of state member banks in Missouri has declined by 28% over the past decade.
- State member banks are subject to additional regulatory oversight by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of state-chartered commercial banks in Missouri that are members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the structure and dynamics of Missouri's banking sector, which is important for policymakers, researchers, and financial institutions.
Q: How is this data collected or calculated?
A: The data is collected and reported directly by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This trend can inform decisions related to banking regulations, competition, and financial stability in Missouri.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically reflecting the most recent month or quarter.
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Citation
U.S. Federal Reserve, Number of State Member Commercial Banks in Missouri (X08CBMBSMO), retrieved from FRED.