Demand Deposits, Individual, Corporations, and Others, Weekly Reporting Member Banks for New York, NY
M1432BUS35620M027NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.80
Year-over-Year Change
21.88%
Date Range
9/1/1934 - 12/1/1939
Summary
This economic trend measures the total value of demand deposits held by individuals, corporations, and other entities at weekly reporting member banks in New York City. It provides insights into money supply and liquidity within the U.S. financial system.
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Demand deposits represent readily accessible funds that can be withdrawn on demand, rather than being tied up in longer-term investments. Monitoring this metric helps economists and policymakers assess the broader health and liquidity of the economy.
Methodology
The data is collected and reported weekly by the U.S. Federal Reserve.
Historical Context
Demand deposit levels are closely watched as an indicator of economic and financial conditions.
Key Facts
- New York City is a major financial center.
- Demand deposits represent highly liquid assets.
- This metric is tracked weekly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of demand deposits held by individuals, corporations, and other entities at weekly reporting member banks in New York City.
Q: Why is this trend relevant for users or analysts?
A: Monitoring demand deposit levels provides insights into the broader money supply and liquidity conditions within the U.S. financial system, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and reported weekly by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Demand deposit levels are closely watched as an indicator of economic and financial conditions, which can inform policy decisions by the Federal Reserve and other institutions.
Q: Are there update delays or limitations?
A: The data is reported weekly with minimal delay, providing timely insights into this important economic metric.
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Citation
U.S. Federal Reserve, Demand Deposits, Individual, Corporations, and Others, Weekly Reporting Member Banks for New York, NY (M1432BUS35620M027NNBR), retrieved from FRED.