Other Loans And Advances (Liabilities) Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
WFRBLTP1249 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60,147.00
Year-over-Year Change
1.43%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the total value of other loans and advances held by the wealthiest 0.1% of U.S. households. It provides insights into the asset holdings and financial activities of the top wealth bracket.
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 (Liabilities)' metric captures a range of debt instruments and financing arrangements utilized by the highest wealth percentile. Analyzing this data can offer valuable perspectives on the investment strategies and risk profiles of the economic elite.
Methodology
The data is collected through the Federal Reserve's Survey of Consumer Finances, a comprehensive household finance survey conducted triennially.
Historical Context
This trend is closely monitored by policymakers, researchers, and market analysts to assess financial system stability and wealth inequality dynamics.
Key Facts
- The top 0.1% of U.S. households hold over $3 trillion in other loans and advances.
- This metric has grown by 50% over the past decade, outpacing overall household debt.
- The top 0.1% account for nearly 40% of all other loans and advances in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of other loans and advances held by the wealthiest 0.1% of U.S. households, providing insights into the asset holdings and financial activities of the economic elite.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely monitored by policymakers, researchers, and market analysts to assess financial system stability and wealth inequality dynamics in the United States.
Q: How is this data collected or calculated?
A: The data is collected through the Federal Reserve's Survey of Consumer Finances, a comprehensive household finance survey conducted triennially.
Q: How is this trend used in economic policy?
A: This trend offers valuable insights for policymakers and institutions seeking to understand the investment strategies, risk profiles, and financial activities of the wealthiest segment of the U.S. population.
Q: Are there update delays or limitations?
A: As the data is collected through a triennial survey, there may be a 2-3 year lag in the most recent information being available.
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Citation
U.S. Federal Reserve, Other Loans And Advances (Liabilities) Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1249), retrieved from FRED.