Lawful Money Held, National Banks for New York, NY
M14014US35620M144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
310.00
Year-over-Year Change
-3.43%
Date Range
10/1/1874 - 10/1/1914
Summary
The 'Lawful Money Held, National Banks for New York, NY' series measures the total lawful money held by national banks in the New York City metropolitan area. This trend is a key indicator of banking activity and liquidity conditions in a major 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 series tracks the total lawful money, such as U.S. currency and coin, held by national banks operating in the New York City metropolitan statistical area. It provides insight into the liquidity and lending capacity of the regional banking system, which is an important factor for economic growth and financial stability.
Methodology
The data is collected directly from reports submitted by national banks to the U.S. Federal Reserve.
Historical Context
Policymakers and analysts monitor this metric to assess the state of the banking system and broader economic conditions in the New York region.
Key Facts
- New York City is a major global financial center.
- National banks hold a significant portion of the region's banking assets.
- Lawful money holdings reflect bank liquidity and lending capacity.
FAQs
Q: What does this economic trend measure?
A: This series measures the total lawful money, such as U.S. currency and coin, held by national banks operating in the New York City metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the liquidity and lending capacity of the regional banking system, which is an important factor for economic growth and financial stability in New York.
Q: How is this data collected or calculated?
A: The data is collected directly from reports submitted by national banks to the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to assess the state of the banking system and broader economic conditions in the New York region.
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 Trends
Demand Deposits Less Duplications, Nonnational Banks Outside New York State
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Circulation, National Banks for New York, NY
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Vault Cash, All Banks Except Federal Reserve Banks for United States
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Ratio of Lawful Money to Individual Deposits, National Banks, Central Reserve Cities for United States
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Loans and Discounts, National Banks, Central Reserve Cities for United States
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Member Banks Outside of New York City for United States
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Citation
U.S. Federal Reserve, Lawful Money Held, National Banks for New York, NY (M14014US35620M144NNBR), retrieved from FRED.