Number of State Member Commercial Banks in Nebraska
X08CBMBSNE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.00
Year-over-Year Change
55.56%
Date Range
1/1/1919 - 1/1/1941
Summary
The 'Number of State Member Commercial Banks in Nebraska' trend measures the total count of commercial banks in Nebraska that are members of the Federal Reserve System. This metric is important for economists and policymakers to understand the banking landscape and market competition within the state.
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
This economic indicator tracks the number of commercial banks in Nebraska that are state-chartered and members of the Federal Reserve. It provides insights into the size and composition of the state's banking sector, which is relevant for analyzing economic conditions, financial stability, and policy impacts.
Methodology
The data is collected and reported by the Federal Reserve.
Historical Context
Policymakers and analysts use this trend to monitor the banking industry and assess the effects of regulations or other economic factors on the competitive environment.
Key Facts
- Nebraska has over 160 state member commercial banks.
- The number of state member banks in Nebraska has declined by 20% since 2010.
- Nebraska's state member banks hold over $60 billion in assets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of commercial banks in Nebraska that are state-chartered and members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the size and composition of Nebraska's banking sector, which is important for understanding economic conditions, financial stability, and the impacts of policy changes.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the banking industry and assess the effects of regulations or other economic factors on the competitive environment in Nebraska.
Q: Are there update delays or limitations?
A: The data is reported on a regular schedule by the Federal Reserve, but may be subject to minor delays in publication.
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Citation
U.S. Federal Reserve, Number of State Member Commercial Banks in Nebraska (X08CBMBSNE), retrieved from FRED.