Total Deposits in Commercial Member Banks in Wisconsin
X08TDCBMBTWI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
767.00
Year-over-Year Change
364.85%
Date Range
1/1/1914 - 1/1/1941
Summary
The 'Total Deposits in Commercial Member Banks in Wisconsin' tracks the total value of deposits held by commercial banks in the state of Wisconsin. This metric is a key 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
This economic series measures the total dollar value of deposits held by commercial banks that are members of the Federal Reserve system in the state of Wisconsin. It provides insights into the scale and health of the local banking industry and can signal broader trends in consumer and business activity.
Methodology
The data is collected and reported by the U.S. Federal Reserve as part of its regular monitoring of the U.S. banking system.
Historical Context
Policymakers and economists closely follow this and related banking data to gauge the strength of regional economies and inform decisions around monetary policy and financial regulation.
Key Facts
- Wisconsin has over 250 FDIC-insured commercial banks.
- Total bank deposits in Wisconsin exceed $200 billion.
- Wisconsin ranks among the top 20 U.S. states by total bank deposits.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of deposits held by commercial banks that are members of the Federal Reserve system in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and health of Wisconsin's local banking industry, which is a key indicator of broader economic conditions in the region.
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 monitoring of the U.S. banking system.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely follow this and related banking data to gauge the strength of regional economies and inform decisions around monetary policy and financial regulation.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the Federal Reserve with minimal delays, providing timely insights into Wisconsin's banking sector.
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Citation
U.S. Federal Reserve, Total Deposits in Commercial Member Banks in Wisconsin (X08TDCBMBTWI), retrieved from FRED.