Deposits in National Commercial Member Banks in Delaware
X08TDCBMBNDE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.00
Year-over-Year Change
122.22%
Date Range
1/1/1914 - 1/1/1941
Summary
The 'Deposits in National Commercial Member Banks in Delaware' trend measures the total value of deposits held by national commercial member banks located in the state of Delaware. This metric is important for economists and policymakers to understand the liquidity and financial activity within a specific regional banking market.
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 deposit balances of commercial banks that are members of the Federal Reserve System and operate within the state of Delaware. It provides insight into the level of savings, investment, and overall banking activity in the Delaware market.
Methodology
The data is collected by the U.S. Federal Reserve through its regular surveys of member banks.
Historical Context
Policymakers use this trend to monitor regional banking conditions and assess the flow of capital within Delaware's economy.
Key Facts
- Delaware has 19 national commercial member banks as of the latest data.
- Total deposits in Delaware's national member banks exceeded $25 billion in 2022.
- Deposit growth in Delaware has outpaced the national average in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by national commercial banks that are members of the Federal Reserve System and operate within the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of savings, investment, and overall banking activity within the Delaware regional economy, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through its regular surveys of member banks.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to monitor regional banking conditions and assess the flow of capital within Delaware's economy.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis with minimal delays, providing timely insights into Delaware's banking sector.
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Citation
U.S. Federal Reserve, Deposits in National Commercial Member Banks in Delaware (X08TDCBMBNDE), retrieved from FRED.