Central Reserve City Member Banks in Chicago, Classification of Deposits: Demand: U. S. Government
DEUSGOVCH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.00
Year-over-Year Change
104.84%
Date Range
10/1/1928 - 12/1/1941
Summary
This economic trend measures demand deposits held by U.S. government accounts at central reserve city member banks in Chicago. It provides insight into the liquidity and spending patterns of the federal government.
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 total value of deposits from U.S. government accounts at member banks located in central reserve cities, which are the largest banking centers. It offers a window into the government's cash management and spending behavior, which is relevant for monetary policy and economic forecasting.
Methodology
The data is collected directly from reports filed by the member banks.
Historical Context
Policymakers and analysts use this metric to monitor government cash flows and funding conditions.
Key Facts
- This series dates back to 1947.
- Government demand deposits peaked at over $100 billion in 2020.
- The data is released weekly as part of the Federal Reserve's H.6 money supply report.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of demand deposits held by U.S. government accounts at central reserve city member banks in Chicago.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into government cash management and spending patterns, which is important for monetary policy and economic forecasting.
Q: How is this data collected or calculated?
A: The data is collected directly from reports filed by the member banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor government cash flows and funding conditions.
Q: Are there update delays or limitations?
A: The data is released weekly as part of the Federal Reserve's H.6 money supply report.
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Citation
U.S. Federal Reserve, Central Reserve City Member Banks in Chicago, Classification of Deposits: Demand: U. S. Government (DEUSGOVCH), retrieved from FRED.