Loans (Assets) Held by the Bottom 50% (1st to 50th Wealth Percentiles)
This dataset tracks loans (assets) held by the bottom 50% (1st to 50th wealth percentiles) over time.
Latest Value
2680.00
Year-over-Year Change
-36.27%
Date Range
7/1/1989 - 1/1/2025
Summary
Measures total loans held by the bottom 50% of wealth holders. Provides critical insight into financial access and economic opportunities for lower-wealth populations.
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 the total loan assets owned by individuals in the 1st to 50th wealth percentiles. Indicates financial inclusion and credit accessibility.
Methodology
Calculated using Federal Reserve Survey of Consumer Finances loan data.
Historical Context
Used to assess financial access and economic mobility for lower-income groups.
Key Facts
- Reflects loan ownership among lower-wealth populations
- Indicates economic opportunity and financial inclusion
- Critical for understanding economic mobility
FAQs
Q: What does this series measure?
A: Tracks total loan assets held by individuals in the bottom 50% of wealth distribution. Indicates financial access and credit opportunities.
Q: Why are these loan assets important?
A: Reflect economic opportunities and financial inclusion for lower-wealth populations. Key indicator of economic mobility.
Q: How often is this data updated?
A: Typically updated through the Federal Reserve's Survey of Consumer Finances, conducted every three years.
Q: What insights can be drawn?
A: Provides understanding of credit access and financial challenges for lower-income groups. Helps policy discussions on economic equality.
Q: How do loan assets impact economic mobility?
A: Loan access can enable investments in education, housing, and business, potentially improving economic opportunities.
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Citation
U.S. Federal Reserve, Loans (Assets) Held by the Bottom 50% (1st to 50th Wealth Percentiles) (WFRBLB50092), retrieved from FRED.