Nonmember Banks in Federal Reserve District 9: Minneapolis
X15MDTPLNMB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.00
Year-over-Year Change
-80.24%
Date Range
1/1/1916 - 1/1/1941
Summary
The 'Nonmember Banks in Federal Reserve District 9: Minneapolis' metric tracks the number of banks located in Federal Reserve District 9 that are not members of the Federal Reserve System. This data provides insight into the regional banking landscape and is used by economists and policymakers to assess financial conditions.
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 represents the total count of nonmember banks within Federal Reserve District 9, which covers Minnesota, Montana, North Dakota, South Dakota, and northwestern Wisconsin. The number of nonmember banks is an important indicator of the banking industry's structure and dynamics in this region.
Methodology
The data is collected and reported by the Federal Reserve Bank of Minneapolis.
Historical Context
This metric is utilized by the Federal Reserve, financial analysts, and regional economic development agencies to monitor trends in the banking sector and inform policy decisions.
Key Facts
- District 9 covers 5 states in the upper Midwest.
- Nonmember banks are not part of the Federal Reserve System.
- The number of nonmember banks is an indicator of regional banking dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of banks located in Federal Reserve District 9 that are not members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: The number of nonmember banks provides insight into the structure and dynamics of the regional banking industry, which is relevant for economists, policymakers, and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Federal Reserve Bank of Minneapolis.
Q: How is this trend used in economic policy?
A: This metric is used by the Federal Reserve, as well as regional economic development agencies, to monitor banking sector conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis by the Federal Reserve, but there may be some delays in publication.
Related Trends
Resident Population in Federal Reserve District 9: Minneapolis
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Assets: Other: Gold Certificate and SDR Certificate Account: Wednesday Level in Federal Reserve District 9: Minneapolis
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Assets: Central Bank Liquidity Swaps: Central Bank Liquidity Swaps: Wednesday Level in Federal Reserve District 9: Minneapolis
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Liabilities and Capital: Liabilities: Federal Reserve Notes, Net: Wednesday Level in Federal Reserve District 9: Minneapolis
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Assets: Other Factors Supplying Reserve Balances: Foreign Currency Denominated Assets: Wednesday Level in Federal Reserve District 9: Minneapolis
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Assets: Total Assets: Total Assets: Wednesday Level in Federal Reserve District 9: Minneapolis
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Citation
U.S. Federal Reserve, Nonmember Banks in Federal Reserve District 9: Minneapolis (X15MDTPLNMB), retrieved from FRED.