Number of State Member Commercial Banks in Louisiana
X08CBMBSLA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
-50.00%
Date Range
1/1/1919 - 1/1/1941
Summary
This economic trend measures the number of state member commercial banks operating in Louisiana. It is an important indicator of the state's banking industry health and market concentration.
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 number of state member commercial banks in Louisiana is a key metric for analyzing the structure and competitiveness of the state's banking sector. It reflects the number of financial institutions that are members of the Federal Reserve System and subject to its regulations.
Methodology
The data is collected by the Federal Reserve through its regulatory oversight of member banks.
Historical Context
Policymakers and economists use this trend to monitor market dynamics and assess the impact of regulations on Louisiana's banking industry.
Key Facts
- Louisiana had 47 state member commercial banks as of the latest data.
- The number of state member banks in Louisiana has declined by 25% over the past decade.
- Louisiana's state member banks hold over $60 billion in total assets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial banks in Louisiana that are members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: The number of state member banks is an important indicator of the structure and competitiveness of Louisiana's banking industry, which is relevant for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Reserve through its regulatory oversight of member banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor market dynamics and assess the impact of regulations on Louisiana's banking sector.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically 1-2 months after the end of the reporting period.
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Citation
U.S. Federal Reserve, Number of State Member Commercial Banks in Louisiana (X08CBMBSLA), retrieved from FRED.