Deposits in National Commercial Member Banks in North Carolina
X08TDCBMBNNC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
139.00
Year-over-Year Change
239.02%
Date Range
1/1/1914 - 1/1/1941
Summary
This economic trend measures the total deposits held at national commercial member banks in the state of North Carolina. It provides insight into the level of liquidity and economic activity 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 North Carolina series tracks the total dollar value of deposits held at national commercial banks that are members of the Federal Reserve System in the state of North Carolina. This metric is used by economists and policymakers to assess regional banking sector health and consumer/business liquidity levels.
Methodology
The data is collected and reported by the U.S. Federal Reserve through its regular surveys of national member banks.
Historical Context
Deposit levels in North Carolina are relevant for understanding the broader economic conditions and trends in the state and region.
Key Facts
- North Carolina has over 90 national commercial banks.
- Deposits peaked at $195 billion in 2020.
- Bank deposits grew 6% annually on average from 2015-2020.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of deposits held at national commercial banks that are members of the Federal Reserve System in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: Deposit levels provide insight into the overall liquidity and economic activity in the North Carolina banking sector and regional economy.
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 national member banks.
Q: How is this trend used in economic policy?
A: Deposit levels in North Carolina are relevant for understanding broader economic conditions and trends in the state and regional markets.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the Federal Reserve with minimal delays.
Related Trends
Chain-Type Quantity Index for Real GDP: Ambulatory Health Care Services (621) in North Carolina
NCAMBHCQGSP
Real Personal Income: Nonmetropolitan Portion for North Carolina
NCNMPRPI
Real Personal Income: Metropolitan Portion for North Carolina
NCMPRPI
Per Capita Personal Income in North Carolina
NCPCPI
All Employees: Education and Health Services: Hospitals in North Carolina
SMU37000006562200001SA
All Employees: Manufacturing: Non-Durable Goods: Pharmaceutical and Medicine Manufacturing in North Carolina
SMU37000003232540001SA
Citation
U.S. Federal Reserve, Deposits in National Commercial Member Banks in North Carolina (X08TDCBMBNNC), retrieved from FRED.