Total Deposits in Commercial Banks in Louisiana
X08TDCBTLA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
603.00
Year-over-Year Change
330.71%
Date Range
1/1/1914 - 1/1/1941
Summary
This economic trend measures the total deposits held in commercial banks located in the state of Louisiana. It provides insight into the overall liquidity and deposit-based funding of the Louisiana 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 Total Deposits in Commercial Banks in Louisiana metric tracks the aggregate value of all deposits, including checking, savings, and time deposits, held by commercial banks based in Louisiana. This indicator offers a snapshot of the state's banking system health and the availability of loanable funds.
Methodology
The data is collected and reported by the U.S. Federal Reserve through its regular surveys of commercial banks.
Historical Context
This trend is used by economists, policymakers, and financial analysts to assess the liquidity and lending capacity of Louisiana's banking industry.
Key Facts
- Louisiana has over 120 FDIC-insured commercial banks.
- Total deposits in Louisiana banks exceed $120 billion.
- Deposit growth has averaged 4% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of deposits held by commercial banks located in the state of Louisiana, including checking, savings, and time deposits.
Q: Why is this trend relevant for users or analysts?
A: The total deposits held by Louisiana banks provides insights into the overall liquidity and lending capacity of the state's banking sector, which is crucial for economic growth and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve through its regular surveys of commercial banks operating in Louisiana.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the health and lending potential of Louisiana's banking industry, which informs decisions related to monetary policy, financial regulations, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is reported by the Federal Reserve on a regular basis, typically with a lag of several weeks. There may be occasional revisions to historical data as well.
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Citation
U.S. Federal Reserve, Total Deposits in Commercial Banks in Louisiana (X08TDCBTLA), retrieved from FRED.