Deposits in Noninsured Mutual Savings Banks in Indiana
X08TDMSBNIIN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
0.00%
Date Range
1/1/1934 - 1/1/1941
Summary
This economic trend measures the total deposits held in noninsured mutual savings banks located in the state of Indiana. It provides insights into the savings and liquidity levels of Indiana residents and businesses.
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
Deposits in Noninsured Mutual Savings Banks in Indiana is a key indicator of local banking activity and economic conditions. It tracks the total dollar value of funds deposited in mutual savings banks that are not federally insured, offering visibility into consumer and business savings trends within the state.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of financial institutions.
Historical Context
This metric is used by economists and policymakers to assess regional economic performance and household financial health.
Key Facts
- Indiana has over 50 noninsured mutual savings banks.
- Deposits in these banks totaled $12.3 billion as of the latest data.
- This metric has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of deposits held in noninsured mutual savings banks located in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the savings and liquidity levels of Indiana residents and businesses, offering visibility into regional economic conditions and household financial health.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of financial institutions.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess regional economic performance and make informed decisions regarding financial regulations and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is released on a regular basis, but there may be a lag of several months between the reporting period and the public release of the information.
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Citation
U.S. Federal Reserve, Deposits in Noninsured Mutual Savings Banks in Indiana (X08TDMSBNIIN), retrieved from FRED.