Share of Miscellaneous Assets Held by the 90th to 99th Wealth Percentiles
This dataset tracks share of miscellaneous assets held by the 90th to 99th wealth percentiles over time.
Latest Value
21.90
Year-over-Year Change
-1.79%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the share of miscellaneous assets held by households in the 90th to 99th wealth percentiles in the United States. It provides insights into wealth distribution and asset allocation among the upper-middle and upper classes.
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 90th to 99th Wealth Percentiles is a key indicator used by economists and policymakers to analyze the composition of household wealth and understand wealth inequality trends in the U.S.
Methodology
The data is collected through the Federal Reserve's Survey of Consumer Finances, a comprehensive household finance survey conducted every three years.
Historical Context
This trend is relevant for assessing financial market participation and the role of the upper-middle and upper classes in the U.S. economy.
Key Facts
- The 90th to 99th wealth percentiles held around 36% of total U.S. household wealth in 2019.
- Miscellaneous assets include items like art, jewelry, and collectibles.
- The share of miscellaneous assets has fluctuated between 4-6% since the 1980s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of miscellaneous assets, such as art, jewelry, and collectibles, held by households in the 90th to 99th wealth percentiles in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into wealth distribution and the asset allocation patterns of the upper-middle and upper classes, which is useful for economists and policymakers analyzing household finance and wealth inequality.
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 every three years.
Q: How is this trend used in economic policy?
A: This trend is relevant for assessing financial market participation and the role of the upper-middle and upper classes in the U.S. economy, which can inform policy decisions related to taxation, investment incentives, and wealth distribution.
Q: Are there update delays or limitations?
A: The data is published every three years, so there may be a delay in the most recent information. Additionally, the survey relies on self-reported household data, which can be subject to some limitations.
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Citation
U.S. Federal Reserve, Share of Miscellaneous Assets Held by the 90th to 99th Wealth Percentiles (WFRBSN09153), retrieved from FRED.