SNAP Benefits Recipients in Florida
Annual
BR12000FLA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,992,784.00
Year-over-Year Change
0.15%
Date Range
1/1/1989 - 1/1/2022
Summary
The Annual trend measures the annual change in total bank loans and leases in the United States. It is a key indicator of the overall health and growth of the U.S. banking 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
The Annual trend tracks the year-over-year percent change in total loans and leases held by commercial banks in the United States. It provides insight into the expansion or contraction of credit extended by the banking system, which is an important driver of economic activity.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on reports from domestic commercial banks.
Historical Context
Policymakers and analysts monitor this trend to assess the availability of credit and the lending behaviors of banks, which can inform monetary and regulatory policies.
Key Facts
- The Annual trend reached a low of -7.7% in 2010 during the financial crisis.
- In 2022, the Annual trend was 10.4%, indicating strong growth in bank lending.
- Commercial and industrial loans make up the largest component of the Annual trend.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percent change in total loans and leases held by commercial banks in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend provides insight into the availability of credit and the lending behaviors of banks, which are important drivers of economic activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on reports from domestic commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the overall health of the banking sector and inform monetary and regulatory policies.
Q: Are there update delays or limitations?
A: The Annual trend is updated quarterly by the Federal Reserve, with a short delay for data collection and processing.
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Citation
U.S. Federal Reserve, Annual (BR12000FLA647NCEN), retrieved from FRED.