Central Reserve City Member Banks in Chicago, Classification of Loans: Real Estate Loans: On Farm Land

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

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

10/1/1928 - 3/1/1937

Summary

This economic trend tracks the value of real estate loans on farm land made by central reserve city member banks in Chicago. It provides insight into lending activity and credit conditions in the agricultural sector.

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 'Central Reserve City Member Banks in Chicago, Classification of Loans: Real Estate Loans: On Farm Land' series measures the total dollar value of real estate loans on farm land issued by major banks headquartered in Chicago. This metric offers analysts a view into lending patterns and credit availability for the agricultural industry in the Chicago region.

Methodology

The data is collected through surveys of central reserve city member banks in Chicago and aggregated by the U.S. Federal Reserve.

Historical Context

This trend is used by policymakers and economists to monitor credit conditions and lending activity in the farm sector.

Key Facts

  • Central reserve city banks are major financial institutions.
  • Real estate loans on farm land represent a key agricultural credit metric.
  • The Chicago region is a major agricultural hub in the U.S.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of real estate loans on farm land issued by central reserve city member banks headquartered in Chicago.

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

A: This metric provides insight into lending activity and credit availability for the agricultural sector in the Chicago region, which is important for understanding regional economic conditions.

Q: How is this data collected or calculated?

A: The data is collected through surveys of central reserve city member banks in Chicago and aggregated by the U.S. Federal Reserve.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this trend to monitor credit conditions and lending patterns in the farm sector, which can inform decisions around agricultural and regional economic policy.

Q: Are there update delays or limitations?

A: The data is published with a lag, and may not capture all lending activity by smaller or non-member banks in the region.

Related Trends

Citation

U.S. Federal Reserve, Central Reserve City Member Banks in Chicago, Classification of Loans: Real Estate Loans: On Farm Land (RELOFLCH), retrieved from FRED.