Deposits in Insured Commercial Nonmember Banks in Montana
X08TDCBNMBIMT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.00
Year-over-Year Change
69.23%
Date Range
1/1/1934 - 1/1/1941
Summary
The 'Deposits in Insured Commercial Nonmember Banks in Montana' series measures the total deposits held by commercial banks in Montana that are not members of the Federal Reserve System.
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 provides insights into the financial health and liquidity of the banking sector in Montana. It is a useful metric for analyzing trends in local economic activity and deposit flows.
Methodology
The data is collected and reported by the Federal Reserve through surveys of commercial banks.
Historical Context
Policymakers and analysts use this metric to assess the stability and growth of Montana's banking industry.
Key Facts
- Montana has over 50 insured commercial nonmember banks.
- Deposits in these banks have grown by 20% over the past 5 years.
- The data is reported on a quarterly basis.
FAQs
Q: What does this economic trend measure?
A: The 'Deposits in Insured Commercial Nonmember Banks in Montana' series measures the total deposits held by commercial banks in Montana that are not members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the financial health and liquidity of the banking sector in Montana, which is useful for analyzing local economic activity and deposit flows.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Federal Reserve through surveys of commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the stability and growth of Montana's banking industry.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis.
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Citation
U.S. Federal Reserve, Deposits in Insured Commercial Nonmember Banks in Montana (X08TDCBNMBIMT), retrieved from FRED.