Nonfinancial Assets Held by the 90th to 99th Wealth Percentiles
WFRBLN09028 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,439,658.00
Year-over-Year Change
12.51%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the nonfinancial assets held by U.S. households in the 90th to 99th wealth percentiles. It provides insights into the asset distribution and financial well-being of upper-middle and high-net-worth individuals.
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 Nonfinancial Assets Held by the 90th to 99th Wealth Percentiles series represents the total value of assets such as real estate, businesses, and other non-financial investments owned by households in the top 10% of the U.S. wealth distribution, excluding the wealthiest 1%. This data is used by economists and policymakers to analyze wealth inequality and the financial resilience of the upper-middle class.
Methodology
This data is collected and calculated by the U.S. Federal Reserve as part of the Distributional Financial Accounts.
Historical Context
This trend is relevant for understanding macroeconomic conditions, consumer spending patterns, and the effectiveness of policy interventions aimed at reducing wealth disparities.
Key Facts
- Households in the 90th to 99th wealth percentiles hold over $50 trillion in nonfinancial assets.
- This group accounts for nearly half of all nonfinancial assets held by U.S. households.
- The value of nonfinancial assets held by this group has grown by over 50% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of nonfinancial assets, such as real estate and business investments, held by U.S. households in the 90th to 99th wealth percentiles.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the asset distribution and financial well-being of upper-middle and high-net-worth individuals, which is important for understanding wealth inequality, consumer spending patterns, and the effectiveness of policy interventions.
Q: How is this data collected or calculated?
A: This data is collected and calculated by the U.S. Federal Reserve as part of the Distributional Financial Accounts.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and economists who are interested in analyzing the financial resilience of the upper-middle class and the effectiveness of policies aimed at reducing wealth disparities.
Q: Are there update delays or limitations?
A: The Distributional Financial Accounts data, including this trend, is updated quarterly with a lag of approximately 3 months.
Related Trends
Share of Defined Benefit Pension Entitlements Held by the 50th to 90th Wealth Percentiles
WFRBSDBPN40
Share of Depository Institutions Loans N.E.C. Held by the Bottom 50% (1st to 50th Wealth Percentiles)
WFRBSB50212
Depository Institutions Loans N.E.C. Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBLT01023
Share of Money Market Fund Shares Held by the 50th to 90th Wealth Percentiles
WFRBSN40169
3-Month Moving Average of Unweighted Median Hourly Wage Growth: Sex: Male
FRBATLWGT3MMAUMHWGSM
Real Median Personal Income in Northeast Census Region
MEPAINUSNEA672N
Citation
U.S. Federal Reserve, Nonfinancial Assets Held by the 90th to 99th Wealth Percentiles (WFRBLN09028), retrieved from FRED.