Cash in Vault for All Member Banks in Chicago
X10AMBCVC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.00
Year-over-Year Change
23.26%
Date Range
1/1/1929 - 7/1/1941
Summary
This trend measures the total amount of cash held in the vaults of all member banks located in the Chicago Federal Reserve District. It provides insights into the liquidity and cash management practices of the regional banking system.
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 Member Banks in Chicago metric tracks the physical currency reserves maintained by member banks in the Chicago Fed's jurisdiction. This data point is used by economists and policymakers to assess the overall cash position and liquidity of the regional banking sector.
Methodology
The data is collected directly from member banks in the Chicago Federal Reserve District.
Historical Context
Monitoring cash vault levels helps the Federal Reserve understand regional banking system conditions and inform monetary policy decisions.
Key Facts
- Chicago has over 400 FDIC-insured banks.
- Cash in vault peaks in December due to holiday transactions.
- Vault cash levels can signal lending and investment activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical currency reserves held in the vaults of all FDIC-insured member banks located in the Chicago Federal Reserve District.
Q: Why is this trend relevant for users or analysts?
A: Monitoring vault cash levels provides insights into the liquidity and cash management practices of the regional banking system, which is relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected directly from FDIC-insured member banks in the Chicago Federal Reserve District.
Q: How is this trend used in economic policy?
A: Vault cash levels help the Federal Reserve assess regional banking system conditions and inform monetary policy decisions that impact liquidity, lending, and economic activity.
Q: Are there update delays or limitations?
A: The data is published with a short lag, and may not capture same-day changes in vault cash holdings.
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Citation
U.S. Federal Reserve, Cash in Vault for All Member Banks in Chicago (X10AMBCVC), retrieved from FRED.