Assets: Other: Items in Process of Collection (Less Eliminations from Consolidation): Wednesday Level
WPCLC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.00
Year-over-Year Change
21.15%
Date Range
6/14/2006 - 8/6/2025
Summary
This economic indicator tracks items in the process of collection for financial institutions, representing a nuanced measure of banking system liquidity and transaction processing. It provides insights into the intermediate financial flows and operational efficiency of the banking 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 metric represents transactional assets that are currently being processed but not yet fully settled within financial institutions' accounting systems. Economists use this data to understand short-term financial movement, banking operational dynamics, and potential indicators of economic transaction volumes.
Methodology
Data is collected weekly by the Federal Reserve through standardized reporting from financial institutions, tracking assets in transitional processing stages.
Historical Context
This indicator is used in macroeconomic analysis to assess banking system liquidity, transaction efficiency, and potential early signals of economic activity changes.
Key Facts
- Represents intermediate financial assets in transaction processing
- Collected on a weekly Wednesday basis
- Provides insights into banking system operational efficiency
FAQs
Q: What does 'Items in Process of Collection' mean?
A: It refers to financial assets that are in transit between financial institutions during transaction processing, not yet fully settled or recorded.
Q: How frequently is this data updated?
A: The data is updated weekly, specifically on Wednesdays, providing a current snapshot of banking transaction flows.
Q: Why is this indicator important?
A: It offers insights into banking system liquidity, transaction volumes, and potential early signals of economic activity changes.
Q: How do economists use this data?
A: Economists analyze this indicator to understand short-term financial movements and assess banking sector operational efficiency.
Q: What are the limitations of this data?
A: The indicator provides a snapshot of a specific moment and may not capture long-term trends or comprehensive banking system performance.
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Citation
U.S. Federal Reserve, Assets: Other: Items in Process of Collection (Less Eliminations from Consolidation): Wednesday Level [WPCLC], retrieved from FRED.
Last Checked: 8/1/2025