All Member Banks, Classification of Deposits: Demand: States and Political Subdivisions
This dataset tracks all member banks, classification of deposits: demand: states and political subdivisions over time.
Latest Value
3066.00
Year-over-Year Change
47.40%
Date Range
10/1/1928 - 12/1/1941
Summary
The 'All Member Banks, Classification of Deposits: Demand: States and Political Subdivisions' trend measures demand deposits held by state and local governments at U.S. member banks. It is an important indicator of liquidity and spending patterns in the public 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 series tracks the value of demand deposits held by state and local governments at banks that are members of the Federal Reserve System. It provides insight into the cash management and spending behavior of the public sector, which can have broader implications for the economy.
Methodology
The data is collected through the Federal Reserve's survey of member banks.
Historical Context
Policymakers and analysts use this metric to assess the financial health and spending patterns of state and local governments.
Key Facts
- Demand deposits are the most liquid form of government funds.
- State and local governments hold over $500 billion in demand deposits.
- Trends in this series can signal changes in public sector spending and investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of demand deposits held by state and local governments at U.S. member banks. Demand deposits are the most liquid type of government funds.
Q: Why is this trend relevant for users or analysts?
A: Trends in state and local government demand deposits provide insight into the liquidity and spending patterns of the public sector, which can have broader implications for the economy.
Q: How is this data collected or calculated?
A: The data is collected through the Federal Reserve's survey of member banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the financial health and spending behavior of state and local governments, which can inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a short delay and may be subject to revisions by the Federal Reserve.
Related News
U.S. Natural Gas Storage Increases Due to Market Dynamics
Navigating Market Volatility: U.S. Natural Gas Storage Strategies and Trends Understanding the dynamics of the U.S. natural gas storage sector is crucial as it plays a central role in shaping the energy market. The storage of natural gas is not just about logistics; it represents a strategic resource ensuring energy availability and stability in times of fluctuating supply and demand. Market volatility affects the price and availability of natural gas, and by extension, decisions regarding its
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures struggle to show a definite trend despite favorable economic signals. These signals, such as jobless claims and Q2 GDP figures, suggest a healthy economy. Given the roles of the stock market and the Federal Reserve's decisions on rate hikes, it is surprising to witness this stagnation. Inflation trends and the Fed's signals about future policies pla
U.S. Home Sales Decline In August Due To High Prices
August 2023 U.S. Home Sales Decline Amid Rising Mortgage Rates and High Prices In August 2023, U.S. home sales experienced a notable decline, highlighting a distressing trend in the housing market. Homeownership is more costly these days. High home prices and soaring 30 year mortgage rates, combined with limited housing inventory, pose significant challenges for potential buyers and cast a shadow on economic recovery efforts. Many potential homebuyers find themselves increasingly priced out of
U.S. jobless claims decline to lowest level since mid-July
U.S. Jobless Claims Drop: A Positive Sign for Economic Growth The U.S. economy is signaling a positive turn as the initial jobless claims have dropped to their lowest level since mid-July, suggesting a more resilient labor market. This decline in jobless claims is not just a number; it reflects crucial dynamics in the U.S. economy and employment landscape. As people file fewer claims for unemployment benefits, it suggests a strengthening employment market and a recovering economy. Also, the cur
U.S. Trade Deficit Decreases As Businesses Anticipate Tariff Hikes
U.S. Trade Deficit Reaches Two-Year Low Amid Anticipated Tariff Hikes The recent announcement that the U.S. trade deficit has reached a two-year low signals significant developments for the national economy. This change may, in part, be influenced by the anticipation of tariff hikes, which are affecting trade patterns. As this event unfolds, it has implications for the U.S. GDP, underscoring the importance of reducing the trade deficit. Trade tensions have long shaped the global economic landsc
U.S. Treasury Yields Increase Amid Strong Economic Growth and Inflation Concerns
Treasury Yields Surge Amid Economic Growth and Inflation Concerns Treasury yields are surging as investors closely monitor the evolving U.S. economic landscape. Recent data 10-year Treasury yield. With economic growth on one side and inflation data on the other, it's essential to unpack these complex dynamics. By analyzing these factors, we gain insights into the Federal Reserve's role in shaping monetary policy and the consequential market implications. The Federal Reserve's policies, market v
Similar DESPS Trends
Central Reserve City Member Banks in Chicago, Classification of Deposits: Demand: States and Political Subdivisions
DESPSCH
Central Reserve City Member Banks in New York City, Classification of Deposits: Demand: States and Political Subdivisions
DESPSNY
Country Member Banks, Classification of Deposits: Demand: States and Political Subdivisions
DESPSCMB
Reserve City Member Banks, Classification of Deposits: Demand: States and Political Subdivisions
DESPSRCM
Citation
U.S. Federal Reserve, All Member Banks, Classification of Deposits: Demand: States and Political Subdivisions (DESPS), retrieved from FRED.