Interbank Deposits in Commercial Member Banks in South Dakota
X08IOMBISD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
0.00%
Date Range
1/1/1914 - 1/1/1941
Summary
The Interbank Deposits in Commercial Member Banks in South Dakota trend measures the total value of deposits held by commercial banks in South Dakota as part of their interbank lending activities. This metric provides insight into the liquidity and lending dynamics within the state's 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 series tracks the total dollar amount of deposits held by commercial banks in South Dakota that are part of the Federal Reserve system and participate in interbank lending. It offers a snapshot of the liquidity and credit conditions in the local banking sector, which is an important indicator for policymakers and financial analysts.
Methodology
The data is collected by the U.S. Federal Reserve through its regular surveys of commercial banks.
Historical Context
Interbank deposits are a key metric used by economists and financial regulators to monitor systemic risk and the overall health of the banking system.
Key Facts
- South Dakota has a large and active commercial banking sector.
- Interbank deposits reflect credit conditions and lending activity.
- The Federal Reserve closely tracks this metric for financial stability purposes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by commercial banks in South Dakota as part of their interbank lending activities.
Q: Why is this trend relevant for users or analysts?
A: Interbank deposits provide insight into the liquidity and credit conditions within the state's banking system, which is an important indicator for policymakers and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through its regular surveys of commercial banks.
Q: How is this trend used in economic policy?
A: Interbank deposits are a key metric used by economists and financial regulators to monitor systemic risk and the overall health of the banking system.
Q: Are there update delays or limitations?
A: The data is regularly updated by the Federal Reserve, but there may be some publication delays.
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Citation
U.S. Federal Reserve, Interbank Deposits in Commercial Member Banks in South Dakota (X08IOMBISD), retrieved from FRED.