Depository Institutions Loans N.E.C. Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBLT01023 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40,096.00
Year-over-Year Change
-56.58%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the loans held by the top 1% of wealth holders in the United States. It provides insights into the concentration of credit and financial assets among the wealthiest individuals.
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 Depository Institutions Loans N.E.C. Held by the Top 1% (99th to 100th Wealth Percentiles) trend tracks the value of loans, excluding mortgages and consumer loans, held by the richest 1% of the U.S. population. It offers a window into the financial portfolios and credit access of the country's wealthiest households.
Methodology
The data is collected from the Federal Reserve's Survey of Consumer Finances.
Historical Context
This metric is used by economists and policymakers to analyze wealth inequality and the concentration of financial resources.
Key Facts
- The top 1% of wealth holders account for over 30% of total U.S. household wealth.
- Loans held by the top 1% reached a record high of $1.7 trillion in 2019.
- Credit access and financial resources are highly concentrated among the wealthiest Americans.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of loans, excluding mortgages and consumer loans, held by the wealthiest 1% of the U.S. population.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the concentration of credit and financial assets among the top wealth holders, which is important for understanding wealth inequality and the distribution of financial resources in the economy.
Q: How is this data collected or calculated?
A: The data is collected from the Federal Reserve's Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze the concentration of wealth and credit access, which informs discussions around inequality, financial regulation, and the distribution of economic resources.
Q: Are there update delays or limitations?
A: The data is updated every three years when the Federal Reserve conducts its Survey of Consumer Finances, so there may be a delay in the most recent information.
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Citation
U.S. Federal Reserve, Depository Institutions Loans N.E.C. Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBLT01023), retrieved from FRED.