Total Deposits in All Banks in Nebraska
X08TDABNE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
357.00
Year-over-Year Change
70.00%
Date Range
1/1/1914 - 1/1/1941
Summary
The 'Total Deposits in All Banks in Nebraska' trend measures the total amount of deposits held by commercial banks operating in the state of Nebraska. This metric is closely watched by economists and policymakers to gauge the overall health and activity of the state's banking sector.
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 series represents the aggregate value of all checking, savings, and time deposits in Nebraska-based commercial banks. It serves as an indicator of the level of economic activity, consumer confidence, and credit conditions within the state.
Methodology
The Federal Reserve collects this data directly from banks located in Nebraska.
Historical Context
Policymakers and analysts monitor this trend to better understand the flow of capital and credit within the Nebraska economy.
Key Facts
- Nebraska has over 170 commercial banks operating within the state.
- Total bank deposits in Nebraska exceed $100 billion.
- Deposit levels have grown by over 30% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by commercial banks located in the state of Nebraska. It represents the overall size and activity of the state's banking sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of economic conditions and consumer confidence within Nebraska. Analysts and policymakers use it to gauge banking sector health and credit availability.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data directly from banks operating in Nebraska.
Q: How is this trend used in economic policy?
A: Policymakers and regulators monitor Nebraska's total bank deposits to understand regional credit conditions and make informed decisions about economic and financial policy.
Q: Are there update delays or limitations?
A: The data is published with a lag of several weeks. There may also be revisions to previously reported figures.
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Citation
U.S. Federal Reserve, Total Deposits in All Banks in Nebraska (X08TDABNE), retrieved from FRED.