Other Deposits in All Commercial Banks in California
X08IOACBOCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,512.00
Year-over-Year Change
418.03%
Date Range
1/1/1914 - 1/1/1941
Summary
This economic trend measures other deposits held in commercial banks located in the state of California. It provides insight into the banking and financial activities within the state's economy.
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 'Other Deposits in All Commercial Banks in California' series tracks the total value of deposits in California commercial banks that are not classified as demand deposits or time deposits. This metric offers a broader view of banking activity and liquidity within the state.
Methodology
The data is collected and reported by the U.S. Federal Reserve as part of its survey of commercial bank balance sheets.
Historical Context
This trend is used by economists and policymakers to monitor the overall health and stability of California's banking sector and broader economic conditions.
Key Facts
- California is the largest state economy in the U.S.
- Commercial banks hold trillions in deposits nationwide
- Other deposits include savings, money market, and some checking accounts
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits in California commercial banks that are not classified as demand deposits or time deposits, providing insight into broader banking activity within the state.
Q: Why is this trend relevant for users or analysts?
A: This metric offers a broader view of banking activity and liquidity within California, which is useful for economists and policymakers monitoring the overall health and stability of the state's banking sector and economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve as part of its survey of commercial bank balance sheets.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to monitor the overall health and stability of California's banking sector and broader economic conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is reported by the Federal Reserve, so it may be subject to typical publication and reporting delays common to government statistical releases.
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Citation
U.S. Federal Reserve, Other Deposits in All Commercial Banks in California (X08IOACBOCA), retrieved from FRED.