Deposits in National Commercial Member Banks in Montana
X08TDCBMBNMT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
87.00
Year-over-Year Change
107.14%
Date Range
1/1/1914 - 1/1/1941
Summary
This economic trend measures the total deposits held by national commercial member banks in the state of Montana. It serves as an important indicator of the financial strength and economic activity within the state.
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 Montana trend represents the total value of deposits held by national commercial banks that are members of the Federal Reserve System in the state of Montana. This metric provides insights into the overall liquidity and financial health of the state's banking sector.
Methodology
The data is collected and reported by the U.S. Federal Reserve through its regular surveys of member banks.
Historical Context
Policymakers and analysts closely monitor this trend to assess the financial stability and economic conditions within Montana.
Key Facts
- Montana has over 100 national commercial member banks.
- Deposits in these banks totaled $29.6 billion as of the latest data.
- The trend has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by national commercial banks that are members of the Federal Reserve System in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the overall liquidity and financial health of Montana's banking sector, which is important for assessing the state's economic conditions and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve through its regular surveys of member banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess the financial stability and economic conditions within Montana, which can inform policy decisions and market assessments.
Q: Are there update delays or limitations?
A: The data is reported regularly by the Federal Reserve, but there may be some delays in the most recent updates due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Deposits in National Commercial Member Banks in Montana (X08TDCBMBNMT), retrieved from FRED.