Consumer Credit Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBLT01022 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
159,208.00
Year-over-Year Change
19.89%
Date Range
7/1/1989 - 1/1/2025
Summary
Measures consumer credit held by the top 1% of wealth percentiles. Provides critical insights into credit concentration among the wealthiest Americans.
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 metric tracks consumer credit for individuals in the 99th to 100th wealth percentile. It helps analyze credit distribution and economic inequality.
Methodology
Calculated by tracking consumer credit holdings for the top 1% of wealth holders.
Historical Context
Used by economists to understand credit access and wealth concentration.
Key Facts
- Tracks credit for top 1% wealth holders
- Reveals credit distribution patterns
- Important economic inequality indicator
FAQs
Q: What does this metric reveal about wealth and credit?
A: It shows how consumer credit is distributed among the wealthiest Americans.
Q: Why is tracking top 1% consumer credit important?
A: It provides insights into economic inequality and credit access patterns.
Q: How does this data impact economic policy?
A: It helps policymakers understand credit distribution and potential economic disparities.
Q: What can researchers learn from this data?
A: It offers valuable information about credit behavior among top wealth percentiles.
Q: How frequently is this data collected?
A: Typically updated periodically to track ongoing credit trends.
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Citation
U.S. Federal Reserve, Consumer Credit Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBLT01022), retrieved from FRED.