Central Reserve City Member Banks in Chicago, Classification of Deposits: Time: Individuals, Partnerships, Corporations, etc.: Total
This dataset tracks central reserve city member banks in chicago, classification of deposits: time: individuals, partnerships, corporations, etc.: total over time.
Latest Value
476.00
Year-over-Year Change
8.43%
Date Range
10/1/1928 - 12/1/1941
Summary
This economic trend measures the total time deposits held by individuals, partnerships, and corporations at central reserve city member banks in Chicago. It provides insights into the savings and investment patterns of these key economic actors.
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 Deposits: Time: Individuals, Partnerships, Corporations, etc.: Total' series tracks the dollar amount of time deposits made by private entities at member banks in the Chicago Federal Reserve district. This metric serves as an indicator of economic activity and liquidity.
Methodology
The data is collected directly from central reserve city member banks in the Chicago region.
Historical Context
Analysts and policymakers use this trend to assess the financial health and savings behavior of businesses and households in the Chicago area.
Key Facts
- Time deposits at Chicago banks totaled $X.XX billion as of the latest report.
- Deposit levels have increased/decreased by Y% over the past Z months.
- This metric accounts for approximately N% of total deposits in the Chicago Federal Reserve district.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar amount of time deposits held by individuals, partnerships, and corporations at central reserve city member banks in the Chicago region.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the savings and investment patterns of key economic actors in the Chicago area, serving as an indicator of financial health and economic activity.
Q: How is this data collected or calculated?
A: The data is collected directly from central reserve city member banks in the Chicago Federal Reserve district.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to assess the financial behavior of businesses and households in the Chicago area, which can inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: This data is reported on a [frequency] basis, with a [delay] lag between the reporting period and public release.
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Citation
U.S. Federal Reserve, Central Reserve City Member Banks in Chicago, Classification of Deposits: Time: Individuals, Partnerships, Corporations, etc.: Total (TIIPCTOTLCH), retrieved from FRED.