Monthly, Seasonally Adjusted
TOTTDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,052.70
Year-over-Year Change
9.83%
Date Range
1/1/1959 - 2/1/2006
Summary
This economic indicator tracks total time deposits across U.S. financial institutions on a monthly basis. The data provides critical insights into savings trends, liquidity, and potential shifts in consumer financial behavior.
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
Total time deposits represent funds held in bank accounts with predetermined maturity dates, typically offering higher interest rates in exchange for restricted withdrawal periods. Economists analyze these deposits as a barometer of consumer saving patterns and potential economic stability.
Methodology
Data is collected through comprehensive bank reporting systems and aggregated by the Federal Reserve using standardized statistical sampling techniques.
Historical Context
Policymakers and financial analysts use this trend to assess potential monetary policy impacts and understand broader economic sentiment around savings and investment.
Key Facts
- Time deposits are typically fixed-term savings instruments
- Seasonally adjusted data helps eliminate predictable annual variations
- Reflects broader economic confidence and savings behavior
FAQs
Q: What are time deposits?
A: Time deposits are bank accounts with a fixed term and typically higher interest rates compared to standard savings accounts. Withdrawals before maturity often incur penalties.
Q: How do time deposits impact the economy?
A: Time deposits provide banks with stable funding sources and can indicate consumer confidence in saving versus spending. Higher time deposit levels might suggest economic uncertainty.
Q: How often is this data updated?
A: The TOTTDP series is updated monthly with seasonal adjustments to provide the most current and accurate representation of time deposit trends.
Q: Why are time deposits important for investors?
A: Time deposits offer predictable returns and can be a low-risk component of a diversified investment portfolio. They provide insight into broader financial market conditions.
Q: What limitations exist in this data?
A: The data represents aggregate trends and may not capture individual bank or regional variations. Interpretation requires comprehensive economic context.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted [TOTTDP], retrieved from FRED.
Last Checked: 8/1/2025