Share of Deposits Held by the 99th to 99.9th Wealth Percentiles
WFRBSDE99T999 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.50
Year-over-Year Change
-1.46%
Date Range
7/1/1989 - 1/1/2025
Summary
This trend measures the share of total U.S. household deposits held by the 99th to 99.9th wealth percentiles. It provides insights into wealth concentration and how economic benefits are distributed across households.
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 deposits held by the 99th to 99.9th wealth percentiles is an important indicator of wealth inequality. It shows how a small fraction of the population controls a significant portion of the country's financial resources.
Methodology
The data is calculated by the Federal Reserve based on survey responses from U.S. households.
Historical Context
This trend is closely monitored by policymakers, economists, and analysts to assess the state of wealth distribution and its implications for the broader economy.
Key Facts
- The 99th to 99.9th wealth percentiles hold over 40% of total U.S. household deposits.
- Deposit share for this group has increased by 10 percentage points in the last two decades.
- Wealth inequality is a key concern for policymakers and economists.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of total U.S. household deposits held by the 99th to 99.9th wealth percentiles, providing insights into wealth concentration.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely watched as an indicator of wealth inequality, which has important implications for the broader economy and policymaking.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on survey responses from U.S. households.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and analysts use this trend to assess the state of wealth distribution and its impacts on the economy.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Federal Reserve, with some lag in availability.
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Citation
U.S. Federal Reserve, Share of Deposits Held by the 99th to 99.9th Wealth Percentiles (WFRBSDE99T999), retrieved from FRED.