Central Reserve City Member Banks in New York City, Classification of Loans: Agricultural Loans

AGLOANNY • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

8.00

Year-over-Year Change

60.00%

Date Range

12/1/1938 - 12/1/1941

Summary

The 'Central Reserve City Member Banks in New York City, Classification of Loans: Agricultural Loans' trend measures the total volume of agricultural loans held by major banks in New York City. This metric provides insight into the health and lending patterns of the U.S. agricultural sector.

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 data series tracks the value of agricultural loans on the balance sheets of banks designated as 'central reserve city member banks' in New York City. It offers a window into the financing and credit conditions faced by farmers and agribusinesses through a key regional banking hub.

Methodology

The data is collected through regular reporting by the member banks to the U.S. Federal Reserve.

Historical Context

Policymakers and market analysts use this indicator to assess the financial state of the agricultural industry and its access to credit.

Key Facts

  • New York City is home to many of the largest U.S. banks.
  • Agricultural loans account for a small but critical portion of bank lending.
  • Trends in agricultural lending can signal broader economic conditions.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total volume of agricultural loans held by major banks in New York City, a key financial center for the U.S. economy.

Q: Why is this trend relevant for users or analysts?

A: Tracking agricultural lending by major banks provides insight into the credit conditions and financing needs of the U.S. farm sector, which is an important part of the broader economy.

Q: How is this data collected or calculated?

A: The data is collected through regular reporting by the 'central reserve city member banks' in New York City to the U.S. Federal Reserve.

Q: How is this trend used in economic policy?

A: Policymakers and market analysts use this indicator to assess the financial state of the agricultural industry and its access to credit, which can inform policy decisions.

Q: Are there update delays or limitations?

A: There may be lags in data reporting and publication by the Federal Reserve.

Related Trends

Citation

U.S. Federal Reserve, Central Reserve City Member Banks in New York City, Classification of Loans: Agricultural Loans (AGLOANNY), retrieved from FRED.