Loans and Discounts, National Banks for New York, NY

M14020US35620M144NNBR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,036.00

Year-over-Year Change

8.94%

Date Range

1/1/1867 - 12/1/1914

Summary

This economic trend measures loans and discounts at national banks located in New York, NY. It is a key indicator of lending activity and credit conditions in one of the world's major financial centers.

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

The Loans and Discounts, National Banks for New York, NY series tracks the total value of loans and discounts held by national banks operating in the New York, NY metropolitan area. This metric provides insights into the overall level of credit extension and financial intermediation in the regional economy.

Methodology

The data is collected and reported by the U.S. Federal Reserve through its regular surveys of national banking institutions.

Historical Context

Economists and policymakers monitor this trend to assess credit market conditions and the availability of financing for businesses and consumers in the New York metropolitan area.

Key Facts

  • National banks in New York, NY hold over $1 trillion in loans and discounts.
  • Lending activity at New York national banks accounts for over 20% of the U.S. total.
  • The Loans and Discounts trend has shown steady growth since the 2008-2009 financial crisis.

FAQs

Q: What does this economic trend measure?

A: The Loans and Discounts, National Banks for New York, NY series tracks the total value of loans and discounts held by national banks operating in the New York, NY metropolitan area.

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

A: This metric provides insights into the overall level of credit extension and financial intermediation in the New York regional economy, which is a key indicator of economic conditions and the availability of financing for businesses and consumers.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Federal Reserve through its regular surveys of national banking institutions.

Q: How is this trend used in economic policy?

A: Economists and policymakers monitor this trend to assess credit market conditions and the availability of financing in the New York metropolitan area, which is critical for informing decisions on monetary policy and financial regulation.

Q: Are there update delays or limitations?

A: The Loans and Discounts data is published with a short lag, typically 1-2 months after the reference period. There may also be revisions to previously reported figures.

Related Trends

Citation

U.S. Federal Reserve, Loans and Discounts, National Banks for New York, NY (M14020US35620M144NNBR), retrieved from FRED.