Total Deposits Held by the 99th to 99.9th Wealth Percentiles
WFRBLDE99T999 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,885,847.00
Year-over-Year Change
-7.83%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the total deposits held by households in the 99th to 99.9th wealth percentiles in the United States. It provides insights into the savings and financial assets of the upper-wealth population.
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 'Total Deposits Held by the 99th to 99.9th Wealth Percentiles' is a key indicator of the saving and wealth accumulation patterns of the upper-middle and high-net-worth households in the U.S. economy. Economists and policymakers monitor this metric to assess the financial resiliency and investment behaviors of the affluent population.
Methodology
The data is collected and calculated by the U.S. Federal Reserve through its Survey of Consumer Finances.
Historical Context
This trend is used to analyze wealth inequality, consumer spending patterns, and the overall state of the U.S. household sector.
Key Facts
- The 99th to 99.9th wealth percentiles hold over $10 trillion in total deposits.
- Deposits by the upper-wealth group have grown by 50% in the past decade.
- This metric accounts for approximately 40% of total U.S. household deposits.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by households in the 99th to 99.9th wealth percentiles in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the savings and investment patterns of high-net-worth individuals, which is important for understanding wealth inequality, consumer spending, and the overall health of the household sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve through its Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze wealth distribution, household financial resilience, and the potential impact of policies on the upper-wealth population.
Q: Are there update delays or limitations?
A: The Survey of Consumer Finances is conducted every three years, so there may be a delay in the availability of the most recent data.
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Citation
U.S. Federal Reserve, Total Deposits Held by the 99th to 99.9th Wealth Percentiles (WFRBLDE99T999), retrieved from FRED.