Deposits in Insured Commercial Nonmember Banks in Arizona
X08TDCBNMBIAZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
171.43%
Date Range
1/1/1934 - 1/1/1941
Summary
This trend measures the total deposits held by insured commercial nonmember banks located in the state of Arizona. It provides insights into the liquidity and health of the Arizona 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
The Deposits in Insured Commercial Nonmember Banks in Arizona metric tracks the total value of deposits maintained at commercial banks in Arizona that are not members of the Federal Reserve System. This statistic is a key indicator of the size and activity of the state's banking industry.
Methodology
The data is collected and reported by the U.S. Federal Reserve.
Historical Context
Policymakers and market analysts use this trend to assess the broader economic conditions and financial stability within Arizona.
Key Facts
- Arizona has over 50 insured commercial nonmember banks.
- Deposits in these banks totaled over $75 billion as of the latest data.
- The trend has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by insured commercial banks in Arizona that are not members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the size, liquidity, and overall health of Arizona's banking sector, which is an important indicator of the state's broader 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 and market analysts use this trend to assess financial stability and monitor economic conditions within the state of Arizona.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but may be subject to revisions or delays in reporting.
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Citation
U.S. Federal Reserve, Deposits in Insured Commercial Nonmember Banks in Arizona (X08TDCBNMBIAZ), retrieved from FRED.