Number of Member Commercial Banks in Louisiana
X08CBMBTLA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.00
Year-over-Year Change
19.35%
Date Range
1/1/1914 - 1/1/1941
Summary
The 'Number of Member Commercial Banks in Louisiana' series tracks the total number of commercial banks that are members of the Federal Reserve System in the state of Louisiana. This metric is important for economists and policymakers to monitor the structure and health of the state'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 economic indicator represents the total count of commercial banks in Louisiana that are part of the Federal Reserve System. It provides insight into the size and composition of the state's banking sector, which is relevant for assessing financial stability, economic growth, and the transmission of monetary policy.
Methodology
The data is collected by the Federal Reserve through its membership records.
Historical Context
Trends in the number of member banks in Louisiana are used by policymakers and analysts to evaluate the state's financial landscape and economic conditions.
Key Facts
- Louisiana had 95 member commercial banks as of the latest data.
- The number of member banks in Louisiana has declined by 40% since 2000.
- Member banks account for the majority of commercial banking assets in Louisiana.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Member Commercial Banks in Louisiana' series tracks the total count of commercial banks in the state that are members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the structure and health of Louisiana's banking industry, which is important for assessing financial stability, economic growth, and the transmission of monetary policy.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Reserve through its membership records.
Q: How is this trend used in economic policy?
A: Trends in the number of member banks in Louisiana are used by policymakers and analysts to evaluate the state's financial landscape and economic conditions.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve with limited delays, providing timely information on the banking sector in Louisiana.
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Citation
U.S. Federal Reserve, Number of Member Commercial Banks in Louisiana (X08CBMBTLA), retrieved from FRED.