Deposits in National Commercial Member Banks in Wisconsin
X08TDCBMBNWI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
613.00
Year-over-Year Change
271.52%
Date Range
1/1/1914 - 1/1/1941
Summary
The 'Deposits in National Commercial Member Banks in Wisconsin' measures the total value of deposits held by national commercial member banks located in the state of Wisconsin. This metric is important for analyzing regional banking activity and economic conditions.
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 data series tracks the total value of deposits, including checking accounts, savings accounts, and other deposit types, held by national commercial banks that are members of the Federal Reserve System and based in Wisconsin. It provides insight into the level of banking activity and liquidity in the state's economy.
Methodology
The data is collected and reported by the U.S. Federal Reserve.
Historical Context
This metric is used by policymakers, economists, and financial analysts to monitor trends in regional banking and gauge economic performance in Wisconsin.
Key Facts
- Wisconsin has over 250 national commercial banks.
- Deposits in Wisconsin banks total over $100 billion.
- Deposit levels have grown steadily in the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of deposits held by national commercial banks that are members of the Federal Reserve System and located in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: The level of deposits in Wisconsin banks provides insight into the region's banking activity, liquidity, and overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and financial analysts use this metric to monitor regional banking trends and assess the economic performance of Wisconsin.
Q: Are there update delays or limitations?
A: The data is reported by the Federal Reserve with a short lag, typically within a few weeks of the end of each reporting period.
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Citation
U.S. Federal Reserve, Deposits in National Commercial Member Banks in Wisconsin (X08TDCBMBNWI), retrieved from FRED.