Demand Deposits in All Member Banks in Cities with 500,000 or Fewer Residents

X10AMBDDO5L • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6,661.00

Year-over-Year Change

80.76%

Date Range

1/1/1929 - 7/1/1941

Summary

The 'Demand Deposits in All Member Banks in Cities with 500,000 or Fewer Residents' series measures the total value of demand deposit accounts held at member banks located in urban areas with populations under 500,000. This metric provides insight into the liquidity and economic activity in smaller U.S. cities.

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 economic indicator tracks the total value of checking and other demand deposit accounts at Federal Reserve member banks in non-major metropolitan areas. It serves as a proxy for economic vitality and consumer spending patterns in smaller cities and towns across the United States.

Methodology

The data is collected and aggregated by the U.S. Federal Reserve from its member banks' balance sheet reports.

Historical Context

Policymakers and analysts use this metric to gauge the economic health of regional markets and communities.

Key Facts

  • Covers demand deposits at over 5,000 member banks nationwide.
  • Measures liquidity in non-major metropolitan areas.
  • Data available monthly since 1947.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the total value of checking and other demand deposit accounts held at Federal Reserve member banks located in urban areas with populations under 500,000 people.

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

A: This metric provides insights into the economic vitality and consumer spending patterns in smaller U.S. cities and towns, which is valuable information for policymakers and regional analysts.

Q: How is this data collected or calculated?

A: The U.S. Federal Reserve collects and aggregates this data from its member banks' balance sheet reports.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this indicator to gauge the economic health of regional markets and communities across the United States.

Q: Are there update delays or limitations?

A: The data is available monthly with no significant update delays.

Related Trends

Citation

U.S. Federal Reserve, Demand Deposits in All Member Banks in Cities with 500,000 or Fewer Residents (X10AMBDDO5L), retrieved from FRED.