Deposits in National Commercial Member Banks in Texas
X08TDCBMBNTX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,609.00
Year-over-Year Change
615.11%
Date Range
1/1/1914 - 1/1/1941
Summary
This economic trend measures the total deposits held in national commercial member banks located in the state of Texas. It is an important indicator of the liquidity and financial health of the Texas banking sector.
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 Texas series represents the total dollar value of deposits held by customers in national commercial banks that are members of the Federal Reserve System and located within the state of Texas. This metric provides insight into the overall size and activity of the Texas banking industry.
Methodology
The data is collected and reported by the U.S. Federal Reserve as part of its regular banking surveys.
Historical Context
Policymakers and analysts use this trend to assess the financial conditions and lending capacity of the Texas banking system.
Key Facts
- Texas is the second-largest state economy in the U.S.
- National commercial banks are a major component of the U.S. banking system.
- Deposit levels reflect the liquidity and lending potential of the banking sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of deposits held by customers in national commercial banks that are members of the Federal Reserve System and located within the state of Texas.
Q: Why is this trend relevant for users or analysts?
A: The level of deposits in Texas banks is an important indicator of the financial health and lending capacity of the state's banking sector, which is crucial for supporting economic activity.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve as part of its regular banking surveys and reporting.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the overall liquidity and lending conditions of the Texas banking system, which informs decisions about monetary policy, financial regulations, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is reported by the Federal Reserve with a short lag, typically within a few weeks of the end of each reporting period. There are no known significant limitations to the coverage or reliability of this economic indicator.
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Citation
U.S. Federal Reserve, Deposits in National Commercial Member Banks in Texas (X08TDCBMBNTX), retrieved from FRED.