Consumer Durables Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
This dataset tracks consumer durables held by the top 0.1% (99.9th to 100th wealth percentiles) over time.
Latest Value
663116.00
Year-over-Year Change
19.28%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the value of consumer durables held by the wealthiest 0.1% of U.S. households. It provides insights into consumption patterns and asset distribution among the top wealth percentiles.
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 Top 0.1% metric tracks the dollar value of durable goods owned by households in the 99.9th to 100th wealth percentiles. This data point is used by economists and policymakers to analyze wealth inequality, consumer spending behavior, and the economic status of high-net-worth individuals.
Methodology
The data is collected through the Federal Reserve's Survey of Consumer Finances.
Historical Context
This trend can inform macroeconomic policy decisions and provide context for consumer market trends.
Key Facts
- The top 0.1% of U.S. households hold over $2 trillion in consumer durables.
- Durables owned by the wealthiest 0.1% account for 28% of total U.S. consumer durable holdings.
- Luxury goods and high-end electronics make up a significant portion of the durables held by the top wealth group.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of consumer durable goods held by the wealthiest 0.1% of U.S. households, those in the 99.9th to 100th wealth percentiles.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into wealth inequality, high-end consumer spending patterns, and the economic status of the top wealth group, which is useful for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Federal Reserve's Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: This trend can inform macroeconomic policy decisions and provide context for consumer market trends, particularly in the luxury and high-end durable goods sectors.
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 most recent data being available.
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Citation
U.S. Federal Reserve, Consumer Durables Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1230), retrieved from FRED.