Share of Consumer Durables Held by the 99th to 99.9th Wealth Percentiles
This dataset tracks share of consumer durables held by the 99th to 99.9th wealth percentiles over time.
Latest Value
4.80
Year-over-Year Change
-4.00%
Date Range
7/1/1989 - 1/1/2025
Summary
Tracks the proportion of consumer durables owned by the top 0.1% of wealth holders. Provides insight into wealth concentration and consumer asset distribution.
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
This metric measures the share of consumer durables held by households between the 99th and 99.9th wealth percentiles. It reveals economic inequality patterns.
Methodology
Calculated using Federal Reserve Survey of Consumer Finances data on asset ownership.
Historical Context
Used by economists to analyze wealth distribution and consumer spending patterns.
Key Facts
- Reflects concentration of durable goods ownership
- Part of comprehensive wealth distribution analysis
- Indicates economic stratification trends
FAQs
Q: What are consumer durables?
A: Consumer durables are long-lasting goods like appliances, vehicles, and electronics that provide value over multiple years.
Q: Why is this wealth percentile data important?
A: It helps economists understand wealth concentration and economic inequality across different population segments.
Q: How often is this data updated?
A: The Survey of Consumer Finances typically updates this data every three years.
Q: What does the 99th to 99.9th percentile mean?
A: This represents the wealthiest 0.1% of households, excluding the top 0.1% of wealth holders.
Q: Can this data predict economic trends?
A: It provides insights into wealth distribution and potential consumer spending patterns.
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Share of Consumer Credit Held by the 99th to 99.9th Wealth Percentiles
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Share of Corporate And Foreign Bonds Held by the 99th to 99.9th Wealth Percentiles
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Share of Corporate Equities And Mutual Fund Shares Held by the 99th to 99.9th Wealth Percentiles
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Citation
U.S. Federal Reserve, Share of Consumer Durables Held by the 99th to 99.9th Wealth Percentiles (WFRBS99T999257), retrieved from FRED.