Share of Miscellaneous Assets Held by the Bottom 50% (1st to 50th Wealth Percentiles)
This dataset tracks share of miscellaneous assets held by the bottom 50% (1st to 50th wealth percentiles) over time.
Latest Value
21.00
Year-over-Year Change
0.96%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the share of miscellaneous assets held by households in the bottom 50% of the wealth distribution in the United States. It provides insights into wealth inequality and the financial position of lower-income populations.
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 Share of Miscellaneous Assets Held by the Bottom 50% tracks the percentage of total miscellaneous assets, such as consumer durables and other non-financial assets, owned by households in the first through 50th wealth percentiles. This metric is used by economists and policymakers to analyze trends in wealth distribution and the financial inclusion of lower-income groups.
Methodology
The data is collected and calculated by the Federal Reserve as part of the Distributional Financial Accounts.
Historical Context
This trend is relevant for understanding wealth inequality and informing economic policies aimed at promoting more equitable wealth distribution.
Key Facts
- The bottom 50% of U.S. households hold only about 2% of total miscellaneous assets.
- Miscellaneous assets include consumer durables and other non-financial assets.
- Wealth inequality has increased in the U.S. over the past decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of miscellaneous assets, such as consumer durables and other non-financial assets, held by households in the bottom 50% of the wealth distribution in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into wealth inequality and the financial position of lower-income populations, which is important for economists and policymakers to understand.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Federal Reserve as part of the Distributional Financial Accounts.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding wealth inequality and informing economic policies aimed at promoting more equitable wealth distribution.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Federal Reserve, but there may be some delay in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Share of Miscellaneous Assets Held by the Bottom 50% (1st to 50th Wealth Percentiles) (WFRBSB50207), retrieved from FRED.