Total Deposits in Commercial Banks in Nebraska
X08TDCBTNE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
357.00
Year-over-Year Change
70.00%
Date Range
1/1/1914 - 1/1/1941
Summary
The 'Total Deposits in Commercial Banks in Nebraska' series measures the total value of deposits held by commercial banks operating in the state of Nebraska. This metric is a key indicator of the overall health and activity of the state's 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
This data series tracks the total dollar amount of deposits, including checking, savings, and time deposits, that are held by commercial banks based in Nebraska. It provides insight into the scale and liquidity of the state's banking system, which is important for understanding economic conditions and the flow of capital.
Methodology
The data is collected and reported by the U.S. Federal Reserve through its survey of commercial banking institutions.
Historical Context
Policymakers and analysts use this metric to assess the stability and lending capacity of Nebraska's banking system and its role in supporting the state's economy.
Key Facts
- Nebraska has over 170 commercial banks.
- Total deposits peaked at $78.5 billion in 2021.
- Deposits have grown by 30% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of deposits held by commercial banks operating in the state of Nebraska, including checking, savings, and time deposits.
Q: Why is this trend relevant for users or analysts?
A: The total deposits metric provides insight into the scale and liquidity of Nebraska's banking system, which is important for understanding 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 survey of commercial banking institutions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the lending capacity and overall health of Nebraska's banking sector, which plays a key role in supporting the state's economy.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically within a few months of the reporting period. There are no known major limitations to the coverage or accuracy of this series.
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Citation
U.S. Federal Reserve, Total Deposits in Commercial Banks in Nebraska (X08TDCBTNE), retrieved from FRED.