Loans (Liabilities) Held by the Bottom 50% (1st to 50th Wealth Percentiles)
This dataset tracks loans (liabilities) held by the bottom 50% (1st to 50th wealth percentiles) over time.
Latest Value
5964431.00
Year-over-Year Change
6.29%
Date Range
7/1/1989 - 1/1/2025
Summary
Tracks total loan liabilities for the bottom 50% of wealth holders in the United States. Provides critical insight into debt burden for lower-income economic groups.
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
Measures the aggregate loan obligations of individuals in the lowest half of the wealth distribution. Helps economists understand financial vulnerability and economic inequality.
Methodology
Calculated using Federal Reserve Survey of Consumer Finances data on household debt.
Historical Context
Used to assess economic stress and financial resilience of lower-income populations.
Key Facts
- Reflects total loan obligations for lower-wealth households
- Indicates financial pressure on economic bottom half
- Critical indicator of economic inequality
FAQs
Q: What does this series measure?
A: Total loan liabilities for individuals in the bottom 50% of wealth distribution. Captures debt burden for lower-income groups.
Q: Why are these loan statistics important?
A: Reveals financial stress and economic challenges faced by lower-wealth households. Helps policymakers understand economic inequality.
Q: How often is this data updated?
A: Typically updated every three years through the Federal Reserve's Survey of Consumer Finances.
Q: What types of loans are included?
A: Includes mortgages, student loans, auto loans, credit card debt, and other personal loan obligations.
Q: How does this relate to economic policy?
A: Provides crucial data for designing targeted financial assistance and economic mobility programs.
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Citation
U.S. Federal Reserve, Loans (Liabilities) Held by the Bottom 50% (WFRBLB50101), retrieved from FRED.