Other Loans And Advances (Assets) Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
WFRBLTP1248 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
233,727.00
Year-over-Year Change
-30.62%
Date Range
7/1/1989 - 1/1/2025
Summary
This trend measures the other loans and advances held as assets by the wealthiest 0.1% of U.S. households. It provides insight into the investment behavior and financial portfolios of the top wealth percentile.
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 'Other Loans and Advances (Assets)' metric captures financial instruments beyond traditional bank deposits and securities held by U.S. households. Tracking this metric for the top 0.1% wealth group offers a window into the sophisticated investment strategies of the nation's wealthiest individuals.
Methodology
The data is collected through the Federal Reserve's Survey of Consumer Finances.
Historical Context
This metric is closely watched by policymakers and market analysts to understand wealth concentration and the financial activities of high-net-worth individuals.
Key Facts
- The top 0.1% of U.S. households hold over $3 trillion in other loans and advances.
- This asset class accounts for over 10% of total wealth for the wealthiest 0.1% of Americans.
- Other loans and advances held by the top 0.1% have grown by over 50% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the other loans and advances held as assets by the wealthiest 0.1% of U.S. households, providing insight into the investment behavior of the top wealth percentile.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by policymakers and market analysts to understand wealth concentration and the financial activities of high-net-worth individuals.
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 metric is used by policymakers and analysts to gain insights into the investment strategies and wealth concentration of the top 0.1% of U.S. households.
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 availability.
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Citation
U.S. Federal Reserve, Other Loans And Advances (Assets) Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1248), retrieved from FRED.