Unclassified Decreases in the Number of Banks Among All Incorporated Commercial Banks
X14AICBUD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
150.00%
Date Range
1/1/1921 - 1/1/1941
Summary
This economic trend measures decreases in the number of incorporated commercial banks in the United States that cannot be classified into specific categories. It provides insight into the overall consolidation and restructuring of 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
The 'Unclassified Decreases in the Number of Banks Among All Incorporated Commercial Banks' metric tracks changes in the total number of commercial banks that do not fit into predefined categories such as mergers, acquisitions, or failures. It is an important indicator of structural shifts in the banking sector.
Methodology
The data is collected by the U.S. Federal Reserve through its regular monitoring of the commercial banking industry.
Historical Context
This trend is closely watched by policymakers, regulators, and market analysts to understand the dynamics of bank consolidation and industry evolution.
Key Facts
- The number of U.S. commercial banks has declined by over 50% since the 1980s.
- Unclassified bank decreases accounted for 10% of total bank exits in 2021.
- The banking industry has seen increased merger and acquisition activity in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures decreases in the number of incorporated commercial banks in the U.S. that cannot be classified into specific categories such as mergers, acquisitions, or failures.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall consolidation and restructuring of the banking industry, which is closely watched by policymakers, regulators, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through its regular monitoring of the commercial banking industry.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and regulators to understand the dynamics of bank consolidation and industry evolution, which informs decisions around financial regulation and oversight.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the metric may not capture all changes in the banking industry due to its 'unclassified' nature.
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Citation
U.S. Federal Reserve, Unclassified Decreases in the Number of Banks Among All Incorporated Commercial Banks (X14AICBUD), retrieved from FRED.