All Member Banks, Classification of Deposits: Demand: Total
DETOTL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49,231.00
Year-over-Year Change
62.44%
Date Range
10/1/1928 - 12/1/1941
Summary
The 'All Member Banks, Classification of Deposits: Demand: Total' series measures the total demand deposits held by member banks of the U.S. Federal Reserve System. This metric is a key indicator of money supply and economic activity.
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
Demand deposits represent funds that can be withdrawn from banks on demand, without advance notice. This series tracks the total value of these liquid deposits, providing insights into the availability of money in the economy and consumer/business spending patterns.
Methodology
The Federal Reserve collects this data through mandatory reporting by member banks.
Historical Context
Analysts and policymakers monitor demand deposit trends to gauge the overall state of the economy and financial system.
Key Facts
- Demand deposits account for a significant portion of the M1 money supply.
- Trends in demand deposits can signal changes in consumer and business spending.
- The Federal Reserve closely monitors demand deposit data to inform monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The 'All Member Banks, Classification of Deposits: Demand: Total' series measures the total value of demand deposits held by member banks of the U.S. Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: Demand deposits are a key component of the money supply and provide insights into consumer and business spending patterns, making this trend important for analysts and policymakers.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data through mandatory reporting by member banks.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor demand deposit trends to gauge the overall state of the economy and financial system, which informs monetary policy decisions.
Q: Are there update delays or limitations?
A: The Federal Reserve publishes this data on a regular schedule, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, All Member Banks, Classification of Deposits: Demand: Total (DETOTL), retrieved from FRED.