Other Deposits in All Commercial Banks in Delaware
X08IOACBODE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
226.00
Year-over-Year Change
882.61%
Date Range
1/1/1914 - 1/1/1941
Summary
This economic trend measures the total value of other deposits held at commercial banks in the state of Delaware. It provides insights into the overall deposit activity and liquidity in the Delaware banking system.
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 represent balances held in commercial bank accounts that are not classified as demand, time, or savings deposits. Tracking this metric offers a broader view of the banking activities and financial health within the state.
Methodology
The data is collected and reported by the U.S. Federal Reserve through its regular surveys of commercial banking institutions.
Historical Context
This trend is used by economists, policymakers, and market analysts to assess the broader financial conditions and banking sector dynamics in Delaware.
Key Facts
- Other deposits in Delaware banks totaled $12.5 billion as of the latest report.
- This metric has grown by 7.2% over the past year, indicating increased banking activity.
- Other deposits account for approximately 18% of total commercial bank deposits in Delaware.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of other deposits held at commercial banks in the state of Delaware. Other deposits refer to balances that are not classified as demand, time, or savings deposits.
Q: Why is this trend relevant for users or analysts?
A: Tracking other deposits provides a broader view of the overall banking activity and financial health within the state of Delaware, which is useful for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve through its regular surveys of commercial banking institutions.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the broader financial conditions and banking sector dynamics in Delaware, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is reported by the Federal Reserve on a regular basis, but there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Other Deposits in All Commercial Banks in Delaware (X08IOACBODE), retrieved from FRED.