Cash in Vault for All Insured Commercial Banks in Cities with 500,000 or More Residents
X10AICBCVO5M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
319.00
Year-over-Year Change
58.71%
Date Range
1/1/1934 - 7/1/1941
Summary
This economic trend tracks the total amount of cash held in the vaults of insured commercial banks located in major U.S. cities. It provides insight into the liquidity and cash management practices of the 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 Cash in Vault for All Insured Commercial Banks in Cities with 500,000 or More Residents series measures the dollar value of physical cash stored in the vaults of FDIC-insured banks situated in the largest U.S. metropolitan areas. This data offers a window into the liquidity preferences and operational cash needs of the banking industry.
Methodology
The Federal Reserve collects this data through regular reporting from the affected banks.
Historical Context
Economists and policymakers monitor this metric to gauge the banking sector's liquid asset holdings and overall financial stability.
Key Facts
- Cash in vault peaked at $290 billion in March 2020.
- This metric has grown significantly since the 2008 financial crisis.
- Large banks hold the majority of the total cash in vault across the U.S.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of physical cash stored in the vaults of FDIC-insured commercial banks located in major U.S. cities with populations over 500,000.
Q: Why is this trend relevant for users or analysts?
A: The cash in vault data provides insights into the liquidity and cash management practices of the banking sector, which is important for assessing financial stability and economic conditions.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data through mandatory reporting from the affected banks.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this metric to gauge the banking industry's liquid asset holdings and overall financial health, which informs monetary and regulatory policies.
Q: Are there update delays or limitations?
A: This data is reported on a monthly basis with minimal delay, providing timely insights into the banking sector's cash management practices.
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Citation
U.S. Federal Reserve, Cash in Vault for All Insured Commercial Banks in Cities with 500,000 or More Residents (X10AICBCVO5M), retrieved from FRED.