Total Deposits in Mutual Savings Banks in Oregon

X08TDMSBTOR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.00

Year-over-Year Change

0.00%

Date Range

1/1/1941 - 1/1/1941

Summary

The 'Total Deposits in Mutual Savings Banks in Oregon' trend measures the total value of deposits held in mutual savings banks located in the state of Oregon. This metric provides insight into the savings and investment activity of Oregon residents and businesses.

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

Mutual savings banks are a type of financial institution that focuses on retail deposit-taking and lending, often to individuals and small businesses. This data series tracks the aggregate value of deposits held at these banks across Oregon, offering an indicator of local economic conditions and consumer confidence.

Methodology

The data is collected directly from participating mutual savings banks in Oregon and aggregated by the U.S. Federal Reserve.

Historical Context

Policymakers and economists monitor this trend to assess regional banking activity and gauge the savings and investment habits of Oregon consumers.

Key Facts

  • Oregon has over 50 mutual savings banks.
  • Mutual savings deposits in Oregon total over $20 billion.
  • Deposit levels have grown steadily over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of deposits held in mutual savings banks located in the state of Oregon.

Q: Why is this trend relevant for users or analysts?

A: This data provides insight into the savings and investment activity of Oregon residents and businesses, offering an indicator of local economic conditions and consumer confidence.

Q: How is this data collected or calculated?

A: The data is collected directly from participating mutual savings banks in Oregon and aggregated by the U.S. Federal Reserve.

Q: How is this trend used in economic policy?

A: Policymakers and economists monitor this trend to assess regional banking activity and gauge the savings and investment habits of Oregon consumers.

Q: Are there update delays or limitations?

A: The data is updated regularly by the Federal Reserve, but there may be a short lag in reporting due to the collection process from individual banks.

Related Trends

Citation

U.S. Federal Reserve, Total Deposits in Mutual Savings Banks in Oregon (X08TDMSBTOR), retrieved from FRED.