Total Deposits in Commercial Member Banks in Delaware
X08TDCBMBTDE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
170.00
Year-over-Year Change
1788.89%
Date Range
1/1/1914 - 1/1/1941
Summary
The 'Total Deposits in Commercial Member Banks in Delaware' economic trend measures the total value of deposits held by commercial banks in the state of Delaware. This metric is closely watched by economists and policymakers as an indicator of economic activity and banking system health.
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 tracks the total value of deposits, including checking, savings, and time deposits, held by all commercial banks that are members of the Federal Reserve System in the state of Delaware. It provides insight into the overall size and liquidity of the banking sector in the state.
Methodology
The data is collected and reported by the U.S. Federal Reserve.
Historical Context
Policymakers and analysts use this metric to assess the financial conditions and lending capacity of the Delaware banking system.
Key Facts
- Delaware has over 30 commercial banks with branch locations.
- Total deposits in Delaware banks exceeded $50 billion as of the latest report.
- Deposit growth has averaged 3-4% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits, including checking, savings, and time deposits, held by all commercial banks that are members of the Federal Reserve System in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall size and liquidity of the banking sector in Delaware, which is closely watched by economists and policymakers as an indicator of economic activity and banking system health.
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 and analysts use this metric to assess the financial conditions and lending capacity of the Delaware banking system, which informs decisions around monetary policy and financial regulations.
Q: Are there update delays or limitations?
A: The data is published 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, Total Deposits in Commercial Member Banks in Delaware (X08TDCBMBTDE), retrieved from FRED.