Number of Member Commercial Banks in California
X08CBMBTCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.00
Year-over-Year Change
-56.87%
Date Range
1/1/1914 - 1/1/1941
Summary
The 'Number of Member Commercial Banks in California' tracks the total count of commercial banks that are members of the Federal Reserve system in the state of California. This trend is an important indicator of the health and structure of California's banking industry.
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 series represents the number of commercial banks that are members of the Federal Reserve System and are headquartered in the state of California. It provides insight into the consolidation and composition of California's banking sector, which is a key driver of economic activity and lending in the state.
Methodology
The data is collected by the U.S. Federal Reserve through its supervision and regulation of member banks.
Historical Context
Policymakers and analysts use this trend to monitor changes in California's banking landscape and assess the implications for credit conditions and economic growth.
Key Facts
- California has the most commercial bank members in the Federal Reserve system of any U.S. state.
- The number of member banks in California has declined over the past two decades due to industry consolidation.
- The health of California's banking sector is closely tied to the overall performance of the state's economy.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Member Commercial Banks in California' tracks the total count of commercial banks that are members of the Federal Reserve system and headquartered in the state of California.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the consolidation and composition of California's banking sector, which is a key driver of economic activity and lending in the state.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through its supervision and regulation of member banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor changes in California's banking landscape and assess the implications for credit conditions and economic growth.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve with minimal delay, providing timely insights into the California banking industry.
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Total Investments in All Insured Commercial Banks
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Loans and Investments in All Insured Commercial Banks in Cities with 100,000 or Fewer Residents
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Citation
U.S. Federal Reserve, Number of Member Commercial Banks in California (X08CBMBTCA), retrieved from FRED.