Other Deposits in All Commercial Banks in the District of Columbia
X08IOACBODC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
406.00
Year-over-Year Change
448.65%
Date Range
1/1/1914 - 1/1/1941
Summary
This economic trend measures the total amount of other deposits held by all commercial banks in the District of Columbia. It provides insight into the banking activity and financial conditions in the region.
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
Other deposits refer to all deposit liabilities of commercial banks besides demand deposits and time deposits. This metric offers a broader view of the overall deposit base and banking system health in the District of Columbia.
Methodology
The data is collected directly from commercial banks and aggregated by the U.S. Federal Reserve.
Historical Context
This trend is used by economists and policymakers to analyze regional banking activity and monitor financial conditions.
Key Facts
- The District of Columbia has over 30 commercial banks.
- Other deposits account for around 25% of total bank deposits in the region.
- Levels of other deposits are a leading indicator of economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of other deposits held by all commercial banks in the District of Columbia. Other deposits refer to all deposit liabilities besides demand and time deposits.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall deposit base and banking system health in the District of Columbia, which is relevant for economists and policymakers analyzing regional financial conditions.
Q: How is this data collected or calculated?
A: The data is collected directly from commercial banks and aggregated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Levels of other deposits are monitored by economists and policymakers as a leading indicator of economic activity and financial conditions in the District of Columbia.
Q: Are there update delays or limitations?
A: The data is published with a lag of 1-2 months and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Other Deposits in All Commercial Banks in the District of Columbia (X08IOACBODC), retrieved from FRED.