National Banks in Federal Reserve District 6: Atlanta
X15ATDTPLNB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
263.00
Year-over-Year Change
-28.14%
Date Range
1/1/1916 - 1/1/1941
Summary
This economic trend tracks the number of national banks operating within Federal Reserve District 6, which covers the Atlanta region. It provides insights into the banking landscape and financial ecosystem of the southeastern United States.
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 National Banks in Federal Reserve District 6: Atlanta metric measures the total count of national banks with headquarters or main branches located within the geographical boundaries of the Atlanta Federal Reserve District. This data point is used by economists and policymakers to analyze the concentration and dynamics of the banking industry in the region.
Methodology
The data is collected and reported by the U.S. Federal Reserve based on its administrative records of national bank charters and branch locations.
Historical Context
This trend offers valuable context for assessing the financial health and competitiveness of the Atlanta region's economy.
Key Facts
- The Atlanta Federal Reserve District covers 6 southeastern U.S. states.
- National banks have national charters and can operate across state lines.
- The number of national banks has declined over the past two decades.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of national banks headquartered or operating within the geographic boundaries of the Atlanta Federal Reserve District.
Q: Why is this trend relevant for users or analysts?
A: The count of national banks in the Atlanta region provides insights into the local financial ecosystem and banking industry dynamics, which is important for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve based on its administrative records of national bank charters and branch locations.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the competitiveness and financial health of the Atlanta region's economy, which informs decisions around regulation, supervision, and monetary policy.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the Federal Reserve with minimal delays, providing timely insights into the regional banking landscape.
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Citation
U.S. Federal Reserve, National Banks in Federal Reserve District 6: Atlanta (X15ATDTPLNB), retrieved from FRED.