Other Deposits in Commercial Member Banks in Delaware
X08IOMBODE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
167.00
Year-over-Year Change
1987.50%
Date Range
1/1/1914 - 1/1/1941
Summary
This economic indicator tracks the total value of other deposits held by commercial member banks in the state of Delaware. It provides insights into the overall banking and financial activity 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 in commercial member banks refer to the non-transactional deposits, such as time deposits and savings accounts, held by individuals and businesses at banks in Delaware. This metric is used by economists and policymakers to assess the financial health and liquidity of the state's banking system.
Methodology
The data is collected and reported by the U.S. Federal Reserve through its banking surveys and regulatory reporting.
Historical Context
This trend is relevant for understanding the state of the Delaware economy and can inform banking regulations and monetary policy decisions.
Key Facts
- Delaware is a major financial center in the United States.
- Other deposits make up a significant portion of commercial bank liabilities.
- The trend has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total value of non-transactional deposits, such as time deposits and savings accounts, held by commercial member banks in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the overall banking and financial activity in the state of Delaware, which is a major financial center. It can be used by economists and policymakers to assess the financial health and liquidity of the state's banking system.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve through its banking surveys and regulatory reporting.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the state of the Delaware economy and can inform banking regulations and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a regular basis by the Federal Reserve, with minimal delays. There may be some limitations in terms of the specific types of deposits included in the metric.
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Citation
U.S. Federal Reserve, Other Deposits in Commercial Member Banks in Delaware (X08IOMBODE), retrieved from FRED.