Country Member Banks, Classification of Deposits: Demand: Certified and Officers' Checks, etc.
DECOCCMB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
239.00
Year-over-Year Change
109.65%
Date Range
10/1/1928 - 12/1/1941
Summary
The 'Country Member Banks, Classification of Deposits: Demand: Certified and Officers' Checks, etc.' metric tracks a specific category of demand deposits held by U.S. banks. This data provides insights into banking activity and liquidity.
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 series measures the total amount of certified and officers' checks, etc. that are classified as demand deposits held by country member banks in the United States. This metric is used by economists and policymakers to analyze banking system liquidity and commercial activity.
Methodology
The data is collected and reported by the U.S. Federal Reserve through its regular surveys of member banks.
Historical Context
This trend offers insights into the levels of commercial transactions and cash management by businesses and individuals through the U.S. banking system.
Key Facts
- This data series dates back to 1914.
- Demand deposits represent the most liquid form of bank liabilities.
- Certified and officers' checks are a specific subset of demand deposits.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of certified and officers' checks that are classified as demand deposits held by U.S. country member banks.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into banking system liquidity and commercial transaction activity, which are important indicators for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve through its regular surveys of member banks.
Q: How is this trend used in economic policy?
A: This metric offers insights into the levels of commercial transactions and cash management by businesses and individuals, which can inform decisions by central banks and other economic policymakers.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis by the Federal Reserve with minimal delays, providing timely information on this aspect of the U.S. banking system.
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Citation
U.S. Federal Reserve, Country Member Banks, Classification of Deposits: Demand: Certified and Officers' Checks, etc. (DECOCCMB), retrieved from FRED.