Miscellaneous Assets Held by the 50th to 90th Wealth Percentiles
WFRBLN40072 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
858,130.00
Year-over-Year Change
21.39%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the value of miscellaneous assets held by households in the 50th to 90th wealth percentiles in the United States. Understanding wealth distribution and asset allocation across different income groups is crucial for policymakers and economists analyzing economic inequality and household finances.
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 Miscellaneous Assets Held by the 50th to 90th Wealth Percentiles indicator provides insight into the financial holdings of middle-class and upper-middle-class American households. This metric is used by researchers to evaluate trends in wealth accumulation and overall household balance sheets.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of the Survey of Consumer Finances.
Historical Context
This economic indicator is closely watched by policymakers, financial analysts, and economists to assess the financial health and asset ownership patterns of the U.S. middle class.
Key Facts
- Miscellaneous assets include items like collectibles, artwork, and antiques.
- The 50th to 90th wealth percentiles represent the U.S. middle class and upper-middle class.
- This metric provides insight into how wealth is distributed across different income groups.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of miscellaneous assets, such as collectibles and artwork, held by households in the 50th to 90th wealth percentiles in the United States.
Q: Why is this trend relevant for users or analysts?
A: Understanding the asset allocation and wealth distribution patterns of the middle class is crucial for policymakers and economists analyzing economic inequality, household finances, and broader trends in the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve as part of the Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by policymakers, financial analysts, and economists to assess the financial health and asset ownership patterns of the U.S. middle class, which informs policy decisions related to economic inequality, household finance, and wealth distribution.
Q: Are there update delays or limitations?
A: The Survey of Consumer Finances, which is the source of this data, is conducted every three years, so there may be update delays compared to more frequently reported economic indicators.
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Citation
U.S. Federal Reserve, Miscellaneous Assets Held by the 50th to 90th Wealth Percentiles (WFRBLN40072), retrieved from FRED.