Total Deposits Adjusted and Currency Outside Banks
X09TDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78,231.00
Year-over-Year Change
49.92%
Date Range
1/1/1892 - 7/1/1941
Summary
This economic indicator tracks the total value of deposits and currency held outside of banks in the United States. It provides insights into the overall liquidity and money supply in the economy.
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 total deposits adjusted and currency outside banks metric represents the sum of all funds held by the public in demand deposits, other checkable deposits, savings deposits, and currency not held by banks. This broad measure is used by economists and policymakers to assess the level of money in circulation and understand trends in financial activity and liquidity.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on reports from depository institutions.
Historical Context
This metric informs monetary policy decisions and helps analysts gauge the overall health of financial markets.
Key Facts
- Reached a record high of $21.7 trillion in March 2023.
- Has grown by over 40% since the start of the COVID-19 pandemic.
- Provides a broad measure of liquid assets held by the public.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of deposits and currency held outside of banks in the United States, providing insights into overall money supply and liquidity.
Q: Why is this trend relevant for users or analysts?
A: This broad measure of liquid assets is used by economists and policymakers to assess financial activity and inform monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on reports from depository institutions.
Q: How is this trend used in economic policy?
A: This metric helps analysts and policymakers gauge the overall health of financial markets and the level of money in circulation, informing monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released weekly by the Federal Reserve with minimal delays, providing timely insights into this important economic indicator.
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Citation
U.S. Federal Reserve, Total Deposits Adjusted and Currency Outside Banks (X09TDC), retrieved from FRED.