Loans (Assets) Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
WFRBLTP1241 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
258,098.00
Year-over-Year Change
-29.07%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the total loans (assets) held by the wealthiest 0.1% of U.S. households. It provides insight into the asset composition and economic power of the top wealth tier.
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 Loans (Assets) Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) trend tracks the total value of loans and other debt-based assets owned by the richest 0.1% of U.S. households. This metric offers a window into the asset holdings and financial profiles of the economic elite.
Methodology
The Federal Reserve collects this data through its Survey of Consumer Finances.
Historical Context
Analysts and policymakers use this trend to understand wealth concentration and inequality within the U.S. economy.
Key Facts
- The top 0.1% of U.S. households own over $10 trillion in loans and debt-based assets.
- Loans make up over 40% of the total assets held by the wealthiest 0.1% of Americans.
- The asset composition of the top 0.1% is skewed heavily towards debt instruments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of loans and other debt-based assets owned by the wealthiest 0.1% of U.S. households.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the asset composition and economic power of the top wealth tier, which is crucial for understanding wealth inequality in the United States.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data through its Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to understand wealth concentration and inform discussions around economic inequality.
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, Loans (Assets) Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1241), retrieved from FRED.