Gross Demand Deposits in Member Banks in Places with Fewer Than 15,000 Residents
X11GDD015L • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,746.00
Year-over-Year Change
26.47%
Date Range
1/1/1936 - 12/1/1941
Summary
This economic trend measures the total gross demand deposits held by member banks in locations with fewer than 15,000 residents. It provides insights into the banking activity and liquidity in rural and small-town communities.
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
Gross demand deposits represent the total balance of funds that can be withdrawn on demand from commercial bank accounts. This metric offers a window into the scale of economic activity and financial services available in less populous areas, which is relevant for policymakers and economists analyzing regional economic trends.
Methodology
The data is collected by the U.S. Federal Reserve through regular reporting from member banks.
Historical Context
Policymakers use this metric to understand the banking and liquidity conditions in rural regions, which can inform decisions around economic development and financial inclusion initiatives.
Key Facts
- Measure of total bank deposits in small towns and rural areas
- Provides insights into local economic activity and financial access
- Data collected through Federal Reserve reporting from member banks
FAQs
Q: What does this economic trend measure?
A: This trend measures the total gross demand deposits held by member banks in locations with fewer than 15,000 residents. It offers insights into the banking activity and liquidity in rural and small-town communities.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for policymakers and economists analyzing regional economic trends, as it provides a window into the scale of economic activity and financial services available in less populous areas.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through regular reporting from member banks.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to understand the banking and liquidity conditions in rural regions, which can inform decisions around economic development and financial inclusion initiatives.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Federal Reserve, but there may be some reporting delays from member banks.
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Citation
U.S. Federal Reserve, Gross Demand Deposits in Member Banks in Places with Fewer Than 15,000 Residents (X11GDD015L), retrieved from FRED.