Consumer Durables Held by the 90th to 99th Wealth Percentiles
This dataset tracks consumer durables held by the 90th to 99th wealth percentiles over time.
Latest Value
1763883.00
Year-over-Year Change
12.43%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the value of consumer durable goods held by households in the 90th to 99th wealth percentiles in the United States. It provides insights into the spending patterns and asset ownership of the upper-middle and high-wealth segments of the 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 Consumer Durables Held by the 90th to 99th Wealth Percentiles series tracks the total value of durable goods, such as vehicles, appliances, and electronics, owned by households in the top decile of the U.S. wealth distribution. This data is useful for economists and policymakers to understand wealth inequality, consumer behavior, and the drivers of economic growth.
Methodology
The 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 analyzing the purchasing power and consumption patterns of high-income and high-wealth households, which can inform economic and financial policy decisions.
Key Facts
- The top 10% of U.S. households hold over 70% of the nation's total consumer durable wealth.
- Durable goods account for over a quarter of total household wealth for the 90th to 99th percentiles.
- Spending on consumer durables by high-wealth households has a significant impact on economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of consumer durable goods, such as vehicles, appliances, and electronics, held by households in the 90th to 99th wealth percentiles in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the spending patterns and asset ownership of high-wealth households, which can inform economic and financial policy decisions, as well as analysis of wealth inequality and consumer behavior.
Q: How is this data collected or calculated?
A: The 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 analyzing the purchasing power and consumption patterns of high-income and high-wealth households, which can inform economic and financial policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly by the Federal Reserve, with potential delays in availability.
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Citation
U.S. Federal Reserve, Consumer Durables Held by the 90th to 99th Wealth Percentiles (WFRBLN09030), retrieved from FRED.