Deflated Bank Debits, Outside New York City
A128FBUSA144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,891.60
Year-over-Year Change
-2.42%
Date Range
1/1/1918 - 1/1/1934
Summary
The 'Deflated Bank Debits, Outside New York City' measures the total value of payments and transfers made through banks located outside of New York City, adjusted for inflation. This metric provides insights into broader economic activity and consumer spending patterns.
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 tracks the total value of financial transactions, such as payments, deposits, and transfers, that occur through banks situated outside of New York City. The data is adjusted for inflation to provide a real-terms view of economic activity.
Methodology
The data is collected by the U.S. Federal Reserve through its regular monitoring of banking sector transactions.
Historical Context
This metric is used by economists and policymakers to assess the overall health of the U.S. economy, particularly consumer spending and business activity levels.
Key Facts
- Measures total bank transactions outside New York City
- Adjusted for inflation to provide real-terms view
- Provides insights into broader economic activity
FAQs
Q: What does this economic trend measure?
A: The 'Deflated Bank Debits, Outside New York City' metric tracks the total value of financial transactions, such as payments, deposits, and transfers, that occur through banks located outside of New York City. The data is adjusted for inflation to provide a real-terms view of economic activity.
Q: Why is this trend relevant for users or analysts?
A: This metric is used by economists and policymakers to assess the overall health of the U.S. economy, particularly consumer spending and business activity levels outside of the New York City metropolitan area.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through its regular monitoring of banking sector transactions.
Q: How is this trend used in economic policy?
A: This economic indicator provides insights into broader consumer spending and business activity patterns, which are relevant for policymakers and analysts when assessing the state of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve, with typical update delays of a few weeks. There may be some limitations in capturing all financial transactions outside of New York City.
Related Trends
Deflated Bank Clearings, Outside New York
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Deflated Bank Debits for 140 Outside Centers for United States
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Deflated Bank Clearings for United States
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Total Cash Payments, Medium-Sized and Small Manufacturing Corporations for United States
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Citation
U.S. Federal Reserve, Deflated Bank Debits, Outside New York City (A128FBUSA144NNBR), retrieved from FRED.