Share of Other Loans And Advances (Assets) Held by the 99th to 99.9th Wealth Percentiles
WFRBS99T999275 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.70
Year-over-Year Change
44.75%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the share of other loans and advances (assets) held by individuals in the 99th to 99.9th wealth percentiles in the United States. It provides insights into wealth concentration at the top of the income 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
The 'Share of Other Loans And Advances (Assets) Held by the 99th to 99.9th Wealth Percentiles' tracks the portion of certain financial assets owned by the wealthiest 0.9% of the population. This metric is used by economists to analyze wealth inequality and the accumulation of assets among the top income earners.
Methodology
The data is collected through the Federal Reserve's Survey of Consumer Finances.
Historical Context
This trend is relevant for policymakers and market analysts seeking to understand wealth distribution and the concentration of financial assets.
Key Facts
- The top 0.9% of wealth holders own a significant portion of other loans and advances (assets).
- Wealth concentration at the top has increased in recent decades.
- Understanding asset ownership patterns is crucial for policymaking on inequality.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of other loans and advances (assets) held by individuals in the 99th to 99.9th wealth percentiles in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into wealth concentration at the top of the income distribution, which is crucial for understanding inequality and informing policymaking.
Q: How is this data collected or calculated?
A: The data is collected through the Federal Reserve's Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and market analysts seeking to understand wealth distribution and the concentration of financial assets.
Q: Are there update delays or limitations?
A: The data is published periodically by the Federal Reserve, with potential delays due to the comprehensive nature of the Survey of Consumer Finances.
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Other Loans And Advances (Liabilities) Held by the 99th to 99.9th Wealth Percentiles
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Share of Nonfinancial Assets Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
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Citation
U.S. Federal Reserve, Share of Other Loans And Advances (Assets) Held by the 99th to 99.9th Wealth Percentiles (WFRBS99T999275), retrieved from FRED.