Total Deposits in All Banks in the United States
X08TDABUS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78,120.00
Year-over-Year Change
267.52%
Date Range
1/1/1914 - 1/1/1941
Summary
The Total Deposits in All Banks in the United States metric tracks the total dollar value of deposits held by all commercial banks and savings institutions in the country. This data provides insight into the overall liquidity and savings levels of the U.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
This series measures the aggregate deposits across the U.S. banking system, including checking, savings, and time deposits. It is a key indicator of the public's financial health and confidence, as well as the overall level of economic activity and potential for lending.
Methodology
The Federal Reserve collects this data from domestic commercial banks and savings institutions through periodic surveys.
Historical Context
Policymakers and analysts use this metric to assess monetary conditions and the stability of the financial system.
Key Facts
- Total U.S. bank deposits exceeded $18 trillion as of 2022.
- Deposits have grown over 40% since the start of the COVID-19 pandemic.
- The largest share of deposits is held in checking accounts, at around 60%.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of deposits held by all commercial banks and savings institutions in the United States.
Q: Why is this trend relevant for users or analysts?
A: Total bank deposits is a key indicator of the public's financial health, economic activity levels, and the potential for lending and investment.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data through periodic surveys of domestic commercial banks and savings institutions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess monetary conditions and the stability of the overall financial system.
Q: Are there update delays or limitations?
A: The data is released on a regular basis with minimal delay, providing timely insight into the state of the U.S. banking system.
Related Trends
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Total Deposits for Total Commercial Banks in the United States
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Total Investments in All Member Banks
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Consolidations and Absorptions Among State Member Banks
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Deposits in National Commercial Member Banks in Massachusetts
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Number of Insured Nonmember Commercial Banks in Michigan
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Citation
U.S. Federal Reserve, Total Deposits in All Banks in the United States (X08TDABUS), retrieved from FRED.