Total Deposits Held by the 90th to 99th Wealth Percentiles
This dataset tracks total deposits held by the 90th to 99th wealth percentiles over time.
Latest Value
4900963.00
Year-over-Year Change
-5.24%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the total deposits held by households in the 90th to 99th wealth percentiles. It provides insights into the savings and wealth distribution of high-income earners.
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 90th to 99th Wealth Percentiles tracks the aggregate value of deposits, including checking, savings, and time deposits, owned by households in the top decile of the U.S. wealth distribution. This metric is used by economists to analyze wealth concentration and the savings behavior of high-net-worth individuals.
Methodology
The data is collected through household surveys conducted by the Federal Reserve.
Historical Context
Policymakers and analysts monitor this trend to understand the financial resiliency and spending power of high-wealth households.
Key Facts
- The top 10% of U.S. households hold over 76% of total household wealth.
- Deposit holdings of high-wealth households account for a significant portion of the U.S. money supply.
- Trends in high-wealth deposits can signal changes in consumer spending and investment patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits, including checking, savings, and time deposits, owned by households in the 90th to 99th percentiles of the U.S. wealth distribution.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the savings and wealth concentration of high-income earners, which is important for understanding consumer spending patterns, the money supply, and the overall distribution of financial resources in the economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Federal Reserve as part of its Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the financial resilience and spending power of high-wealth households, which can inform decisions related to fiscal, monetary, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, as it is derived from the triennial Survey of Consumer Finances. There may also be limitations in accurately capturing all deposit holdings of high-wealth individuals.
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Citation
U.S. Federal Reserve, Total Deposits Held by the 90th to 99th Wealth Percentiles (WFRBLDEN09), retrieved from FRED.