Deposits in National Commercial Member Banks in Idaho
X08TDCBMBNID • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91.00
Year-over-Year Change
313.64%
Date Range
1/1/1914 - 1/1/1941
Summary
This economic trend measures the total dollar value of deposits held in national commercial member banks located in the state of Idaho. It serves as an important indicator of banking activity and economic conditions in the region.
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 Deposits in National Commercial Member Banks in Idaho data series tracks the total deposit liabilities of FDIC-insured commercial banks with national charters that are headquartered in the state. This metric provides insights into the overall health and liquidity of the Idaho banking system.
Methodology
The data is collected and published by the U.S. Federal Reserve as part of its regular banking surveys and statistical releases.
Historical Context
Economists and policymakers closely monitor this trend to gauge the level of economic activity and financial system stability in Idaho.
Key Facts
- Idaho has over 50 national commercial member banks.
- Deposits in these banks total over $30 billion annually.
- Deposit levels have grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of deposits held in national commercial member banks located in the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the overall health and liquidity of the Idaho banking system, which is an important indicator of economic conditions in the state.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Federal Reserve as part of its regular banking surveys and statistical releases.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to gauge the level of economic activity and financial system stability in Idaho.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the Federal Reserve with minimal delays.
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Citation
U.S. Federal Reserve, Deposits in National Commercial Member Banks in Idaho (X08TDCBMBNID), retrieved from FRED.