Total Decreases in the Number of All Incorporated Commercial Banks
X14AICBDNB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.00
Year-over-Year Change
-91.16%
Date Range
1/1/1921 - 1/1/1941
Summary
The 'Total Decreases in the Number of All Incorporated Commercial Banks' series tracks the net decline in the total number of commercial banks in the United States. This metric is important for understanding structural changes in the banking industry.
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 represents the net reduction in the total number of incorporated commercial banks operating in the United States. It captures mergers, acquisitions, and other factors that lead to a decrease in the overall number of banks.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
Policymakers and analysts use this metric to monitor consolidation trends in the U.S. banking sector.
Key Facts
- The number of U.S. commercial banks has declined by over 60% since the 1980s.
- Bank mergers and acquisitions are a major driver of the decreasing number of banks.
- Consolidation is linked to increased efficiency but also reduced competition in some markets.
FAQs
Q: What does this economic trend measure?
A: This series tracks the net decrease in the total number of incorporated commercial banks operating in the United States.
Q: Why is this trend relevant for users or analysts?
A: The decreasing number of banks is an important indicator of structural changes and consolidation in the U.S. banking industry.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor banking sector consolidation and its implications for competition and financial stability.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve with minimal delays.
Related Trends
Total Deposits in All Member Banks
X10AMBTODT
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Demand Deposits in All Member Banks in Cities with 100,000 or Fewer Residents
X10AMBDDO1L
Conversions from Private Banks into National Banks
X14NBCPBI
Deposits in State Commercial Member Banks in the United States
X08TDCBMBSUS
Withdrawals from Federal Reserve Membership Among Nonmember Incorporated Commercial Banks
X14NICBWFRM
Citation
U.S. Federal Reserve, Total Decreases in the Number of All Incorporated Commercial Banks (X14AICBDNB), retrieved from FRED.