Central Reserve City Member Banks in New York City, Principal Assets and Liabilities: Deposits: Other Time

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

Latest Value

807.00

Year-over-Year Change

12.55%

Date Range

6/1/1919 - 12/1/1941

Summary

The 'Central Reserve City Member Banks in New York City, Principal Assets and Liabilities: Deposits: Other Time' trend measures the total time deposits held by major banks in New York City. This metric provides insight into banking activity and liquidity in the key U.S. financial center.

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 other time deposits (non-demand deposits) held by member banks of the Federal Reserve System in New York City. These time deposits reflect the overall level of savings and investment being channeled through the New York banking system, which is a critical component of U.S. financial markets and the broader economy.

Methodology

The data is collected through regular reporting requirements for member banks of the Federal Reserve System.

Historical Context

Analysts and policymakers monitor this trend to assess the health and liquidity of the U.S. banking system, especially in the influential New York market.

Key Facts

  • New York City is a central reserve city for the U.S. banking system.
  • Time deposits represent non-demand savings and investment accounts.
  • The New York banking system is a critical component of U.S. financial markets.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total other time deposits (non-demand deposits) held by member banks of the Federal Reserve System in New York City.

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

A: This metric provides insight into the overall level of savings and investment being channeled through the New York banking system, which is a critical component of U.S. financial markets and the broader economy.

Q: How is this data collected or calculated?

A: The data is collected through regular reporting requirements for member banks of the Federal Reserve System.

Q: How is this trend used in economic policy?

A: Analysts and policymakers monitor this trend to assess the health and liquidity of the U.S. banking system, especially in the influential New York market.

Q: Are there update delays or limitations?

A: The data is published regularly by the Federal Reserve with minimal delays.

Related Trends

Citation

U.S. Federal Reserve, Central Reserve City Member Banks in New York City, Principal Assets and Liabilities: Deposits: Other Time (DEPOTHRTNY), retrieved from FRED.