Central Reserve City Member Banks in Chicago, Classification of Deposits: Demand: Individuals, Partnerships, Corporations, etc.
DEIPCCH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,152.00
Year-over-Year Change
47.90%
Date Range
10/1/1928 - 12/1/1941
Summary
This economic trend measures the total demand deposits held by individuals, partnerships, and corporations at member banks in the Chicago central reserve city. It provides insights into consumer and business liquidity and 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
The classification of deposits held by individuals, partnerships, and corporations at Chicago central reserve city member banks is a key indicator of banking activity and economic conditions. This data series helps economists and policymakers assess household and business liquidity, consumer spending, and broader macroeconomic trends.
Methodology
The data is collected by the U.S. Federal Reserve through mandatory reporting by member banks.
Historical Context
Policymakers use this data to inform monetary policy and analyze the state of the economy.
Key Facts
- Chicago is a major central reserve city in the United States.
- Demand deposits represent readily available funds for individuals and businesses.
- Trends in this data series can signal changes in consumer confidence and economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total demand deposits held by individuals, partnerships, and corporations at member banks in the Chicago central reserve city.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer and business liquidity, spending patterns, and broader economic conditions, making it relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through mandatory reporting by member banks.
Q: How is this trend used in economic policy?
A: Policymakers use this data to inform monetary policy decisions and analyze the state of the economy.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve with minimal delays, providing timely insights into banking and economic conditions.
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Citation
U.S. Federal Reserve, Central Reserve City Member Banks in Chicago, Classification of Deposits: Demand: Individuals, Partnerships, Corporations, etc. (DEIPCCH), retrieved from FRED.