Demand Deposits in Insured Nonmember Commercial Banks in Cities with 500,000 or Fewer Residents
X10INCBDDO5L • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
502.00
Year-over-Year Change
76.76%
Date Range
1/1/1934 - 7/1/1941
Summary
This economic trend measures the total demand deposits held by insured nonmember commercial banks in cities with 500,000 or fewer residents. It is an important indicator of consumer and business liquidity and can inform policymakers' understanding of economic activity and monetary policy transmission.
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
Demand deposits represent funds that can be withdrawn on demand, such as checking account balances. This series tracks the total of these deposits held by commercial banks that are not members of the Federal Reserve System, focusing on smaller urban areas. It provides insights into liquidity conditions and consumer/business confidence.
Methodology
The Federal Reserve collects this data through regular surveys of commercial banks.
Historical Context
Policymakers and analysts use this metric to gauge economic and financial conditions, especially regarding consumer spending and business investment.
Key Facts
- Demand deposits represent funds that can be withdrawn on demand.
- This series focuses on smaller urban areas with populations under 500,000.
- The data is collected through regular Federal Reserve surveys of commercial banks.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total demand deposits held by insured nonmember commercial banks in cities with 500,000 or fewer residents.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer and business liquidity conditions, which can inform policymakers' understanding of economic activity and monetary policy transmission.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data through regular surveys of commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge economic and financial conditions, especially regarding consumer spending and business investment.
Q: Are there update delays or limitations?
A: The data is released regularly by the Federal Reserve with minimal delay.
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Citation
U.S. Federal Reserve, Demand Deposits in Insured Nonmember Commercial Banks in Cities with 500,000 or Fewer Residents (X10INCBDDO5L), retrieved from FRED.