Total Time Deposits in Member Banks
X11TDT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,493.00
Year-over-Year Change
2.37%
Date Range
1/1/1936 - 12/1/1941
Summary
The 'Total Time Deposits in Member Banks' trend measures the total value of time deposits held by banks that are members of the Federal Reserve System. This metric provides insight into banking sector liquidity and deposit growth.
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 refer to bank accounts that require a notice period or have restrictions on early withdrawal. Monitoring this series helps economists and policymakers assess the funding and lending capacity of the banking system.
Methodology
The Federal Reserve collects this data directly from its member banks.
Historical Context
Policymakers use this data to understand broader trends in the banking sector and monetary policy transmission.
Key Facts
- Time deposits make up over $7 trillion in the U.S. banking system.
- Time deposit growth slowed during the 2008 financial crisis.
- This metric reached a record high of $7.5 trillion in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of time deposits held by banks that are members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this metric provides insight into banking sector liquidity and deposit growth, which is important for assessing the funding and lending capacity of the banking system.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data directly from its member banks.
Q: How is this trend used in economic policy?
A: Policymakers use this data to understand broader trends in the banking sector and monetary policy transmission.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve with minimal delays.
Related Trends
Total Deposits Adjusted
X09TD
Conversions to Nonmember Banks from National Banks
X14NBCNBD
Time Deposits in Mutual Savings Banks
X09TDMSB
Investments in All Member Banks in Cities with 500,000 or Fewer Residents
X10AMBIO5L
Demand Deposits Adjusted
X09DD
Demand Deposits in All Member Banks in Cities with 500,000 or More Residents
X10AMBDDO5M
Citation
U.S. Federal Reserve, Total Time Deposits in Member Banks (X11TDT), retrieved from FRED.