Time Deposits, Reporting Member Banks, Federal Reserve System for United States
M1479AUSM027NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.02
Year-over-Year Change
1.41%
Date Range
1/1/1919 - 8/1/1934
Summary
The 'Time Deposits, Reporting Member Banks, Federal Reserve System for United States' measures the total value of time deposits held by U.S. commercial banks. This key metric provides insights into banking liquidity and consumer saving patterns.
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
Time deposits represent money held in bank accounts with contractual maturity dates or withdrawal restrictions. This series tracks the aggregate value of these accounts for banks that are members of the Federal Reserve System, offering a window into the broader banking sector and household financial health.
Methodology
The data is collected through regular reporting by U.S. commercial banks to the Federal Reserve.
Historical Context
Trends in time deposits are monitored by policymakers, economists, and market analysts to assess consumer behavior and banking conditions.
Key Facts
- Time deposits represent over $10 trillion in total U.S. bank assets.
- The time deposit series has been published by the Federal Reserve since 1947.
- Time deposit growth can signal changes in consumer saving and spending patterns.
FAQs
Q: What does this economic trend measure?
A: The 'Time Deposits, Reporting Member Banks, Federal Reserve System for United States' series tracks the total value of time deposits held by U.S. commercial banks that are members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: Trends in time deposits provide insights into banking liquidity, consumer saving patterns, and broader economic conditions that are monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through regular reporting by U.S. commercial banks to the Federal Reserve.
Q: How is this trend used in economic policy?
A: Movements in time deposits are closely watched by the Federal Reserve and other institutions to assess consumer behavior, banking sector health, and the potential impact on monetary policy.
Q: Are there update delays or limitations?
A: The time deposit data is published by the Federal Reserve with minimal delay, typically providing a timely representation of the underlying banking and savings trends.
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Citation
U.S. Federal Reserve, Time Deposits, Reporting Member Banks, Federal Reserve System for United States (M1479AUSM027NNBR), retrieved from FRED.