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FDIC Banking Review

Relationship between Bank Asset Quality and State-Level Economic Conditions, * 1986-95 - California
  Personal-Income Growth Unemployment Rate Nonperforming Asset Ratio
1986 1.14668 -0.37158 1.12901
1987 0.79973 -0.45556 1.27534
1988 0.74619 -0.10611 0.54525
1989 0.1225 -0.19489 0.0516
1990 0.45628 0.22111 -0.47272
1991 -0.76702 0.9293 0.68849
1992 -0.7584 1.98166 1.94144
1993 -2.42018 2.46576 1.7219
1994 -1.97265 2.48466 0.85117
1995 0.05224 2.16926 0.6481
* State-level variables are measured relative to comparable variables calculated at the national level Thus, personal-income growth equals the difference between state personal-income growth and that for the United States The unemployment rate equals the difference between the state unemployment rate and the US unemployment rate; and the nonperforming-asset ratio equals the difference between the nonperforming-asset ratio of banks headquartered in the state and the nonperforming-asset ratio of all US banks

Last Updated 7/25/2003 Questions, Suggestions & Requests