Equity in Noncorporate Business Held by the Bottom 50% (1st to 50th Wealth Percentiles)
WFRBLB50098 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
166,192.00
Year-over-Year Change
-4.70%
Date Range
7/1/1989 - 7/1/2024
Summary
Tracks equity ownership in noncorporate businesses for the bottom 50% of wealth holders. Provides insight into wealth distribution and entrepreneurial participation.
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 equity stake of lower-wealth Americans in small businesses and self-employment ventures. It reflects economic opportunity and wealth accumulation potential.
Methodology
Data collected through Federal Reserve Survey of Consumer Finances, tracking asset ownership.
Historical Context
Used to analyze economic mobility and entrepreneurship among lower-income groups.
Key Facts
- Reflects economic participation of lower-wealth Americans
- Indicates entrepreneurial opportunities
- Part of comprehensive wealth distribution analysis
FAQs
Q: What does this economic indicator measure?
A: Tracks equity ownership in noncorporate businesses for the bottom 50% of wealth holders. Provides insight into economic participation.
Q: Why is this data important?
A: Helps understand economic mobility and entrepreneurial opportunities for lower-income groups. Reveals wealth distribution patterns.
Q: How is this data collected?
A: Gathered through the Federal Reserve's Survey of Consumer Finances, using comprehensive wealth ownership surveys.
Q: What does noncorporate business mean?
A: Refers to small businesses, partnerships, and self-employment ventures not structured as formal corporations.
Q: How often is this data updated?
A: Typically updated every three years through the Survey of Consumer Finances.
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MEPAINUSMWA646N
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FRBATLWGT12MMUMHWGEAD
12-Month Moving Average of Unweighted Median Hourly Wage Growth: Wage Distribution: 1st to 25th Wage Percentile
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Citation
U.S. Federal Reserve, Equity in Noncorporate Business Held by the Bottom 50% (WFRBLB50098), retrieved from FRED.