Share of Consumer Durables Held by the 99th to 99.9th Wealth Percentiles
WFRBS99T999257 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.80
Year-over-Year Change
-4.00%
Date Range
7/1/1989 - 1/1/2025
Summary
Tracks the proportion of consumer durables owned by the top 0.1% of wealth holders. Provides insight into wealth concentration and consumer asset distribution.
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 measures the share of consumer durables held by households between the 99th and 99.9th wealth percentiles. It reveals economic inequality patterns.
Methodology
Calculated using Federal Reserve Survey of Consumer Finances data on asset ownership.
Historical Context
Used by economists to analyze wealth distribution and consumer spending patterns.
Key Facts
- Reflects concentration of durable goods ownership
- Part of comprehensive wealth distribution analysis
- Indicates economic stratification trends
FAQs
Q: What are consumer durables?
A: Consumer durables are long-lasting goods like appliances, vehicles, and electronics that provide value over multiple years.
Q: Why is this wealth percentile data important?
A: It helps economists understand wealth concentration and economic inequality across different population segments.
Q: How often is this data updated?
A: The Survey of Consumer Finances typically updates this data every three years.
Q: What does the 99th to 99.9th percentile mean?
A: This represents the wealthiest 0.1% of households, excluding the top 0.1% of wealth holders.
Q: Can this data predict economic trends?
A: It provides insights into wealth distribution and potential consumer spending patterns.
Related Trends
Other Loans and Advances (Liabilities) Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBLT01024
Total Assets Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBLT01000
Share of Annuities Held by the 50th to 90th Wealth Percentiles
WFRBSAN40
Deferred And Unpaid Life Insurance Premiums Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
WFRBLTP1234
Other Loans and Advances (Assets) Held by the 90th to 99th Wealth Percentiles
WFRBLN09039
Share of Money Market Fund Shares Held by the 90th to 99th Wealth Percentiles
WFRBSN09142
Citation
U.S. Federal Reserve, Share of Consumer Durables Held by the 99th to 99.9th Wealth Percentiles (WFRBS99T999257), retrieved from FRED.