Nonmember Banks in Federal Reserve District 8: St. Louis

X15SLDTPLNMB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

621.00

Year-over-Year Change

-62.81%

Date Range

1/1/1916 - 1/1/1941

Summary

This economic trend measures the number of nonmember banks within Federal Reserve District 8, centered in St. Louis. It provides insight into the structure and activity of the regional banking 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

The Nonmember Banks in Federal Reserve District 8: St. Louis series tracks the count of banks located in the Eighth Federal Reserve District that are not members of the Federal Reserve System. This metric offers economists and policymakers visibility into the composition and dynamics of the banking landscape in this geographic region.

Methodology

The Federal Reserve collects this data through its regular reporting and monitoring of banking institutions under its jurisdiction.

Historical Context

This trend is used to analyze the relative health and competitiveness of the regional banking market.

Key Facts

  • District 8 covers Arkansas, Illinois, Indiana, Kentucky, Mississippi, Missouri, and Tennessee.
  • Nonmember banks are not part of the Federal Reserve System.
  • The number of nonmember banks has declined over time.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of banks located in Federal Reserve District 8, centered in St. Louis, that are not members of the Federal Reserve System.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the structure and dynamics of the regional banking landscape, which is important for economists and policymakers analyzing financial system stability and competitiveness.

Q: How is this data collected or calculated?

A: The data is collected by the Federal Reserve through its regular monitoring and reporting of banking institutions under its jurisdiction.

Q: How is this trend used in economic policy?

A: Analysts and policymakers use this trend to assess the health and competitiveness of the regional banking market, which can inform decisions around financial regulations and interventions.

Q: Are there update delays or limitations?

A: There may be delays in data reporting and publication by the Federal Reserve, and the metric only covers banks within the Eighth Federal Reserve District.

Related Trends

Citation

U.S. Federal Reserve, Nonmember Banks in Federal Reserve District 8: St. Louis (X15SLDTPLNMB), retrieved from FRED.