Time Deposits in All Member Banks in Cities with 500,000 or More Residents
X10AMBTIDO5M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,491.00
Year-over-Year Change
14.01%
Date Range
1/1/1929 - 7/1/1941
Summary
This economic trend measures the total value of time deposits held by all member banks in cities with 500,000 or more residents. It provides insight into the savings and investment behavior of consumers and businesses in major metropolitan areas.
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
Time deposits, also known as fixed-term deposits, are accounts that require a minimum balance be maintained for a fixed period. This metric tracks the aggregate value of these accounts across large banking markets, offering economists insight into consumer and business liquidity and risk appetites.
Methodology
The data is collected by the U.S. Federal Reserve through mandatory reporting by member banks.
Historical Context
This trend is used by policymakers and analysts to assess the impact of monetary policy on savings and investment within major urban economies.
Key Facts
- Time deposits account for over $5 trillion in the U.S. banking system.
- Trends in time deposits can signal changes in consumer and business confidence.
- Large urban areas contain over 60% of total U.S. time deposit assets.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of time deposits held by member banks in major U.S. cities, providing insight into savings and investment patterns.
Q: Why is this trend relevant for users or analysts?
A: Time deposit trends offer valuable information about consumer and business liquidity, risk appetites, and confidence within large urban economies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through mandatory reporting from member banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the impact of monetary policy on savings and investment behavior in major metropolitan areas.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month reporting lag.
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Interbank Deposits in Commercial Member Banks in the United States
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Total Decreases in the Number of National Banks
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Citation
U.S. Federal Reserve, Time Deposits in All Member Banks in Cities with 500,000 or More Residents (X10AMBTIDO5M), retrieved from FRED.