Share of Other Loans and Advances (Assets) Held by the Top 1% (99th to 100th Wealth Percentiles)
This dataset tracks share of other loans and advances (assets) held by the top 1% (99th to 100th wealth percentiles) over time.
Latest Value
58.50
Year-over-Year Change
17.71%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the share of other loans and advances, which are a type of financial asset, held by the wealthiest 1% of U.S. households. It provides insights into wealth concentration and inequality.
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 Other Loans and Advances (Assets) Held by the Top 1%' tracks the percentage of this financial asset class that is owned by individuals in the 99th to 100th wealth percentiles. This metric is used by economists to analyze trends in wealth distribution and the accumulation of financial assets among the most affluent households.
Methodology
The data is collected through the Federal Reserve's Survey of Consumer Finances.
Historical Context
Policymakers and analysts use this trend to understand the dynamics of wealth inequality and the concentration of financial assets.
Key Facts
- The top 1% of U.S. households held over 90% of other loans and advances assets in 2019.
- This asset class includes items like margin accounts and loans to non-corporate businesses.
- Wealth inequality has increased in the U.S. over the past several decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of other loans and advances, a type of financial asset, that is held by the wealthiest 1% of U.S. households.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into wealth concentration and inequality, which are important for understanding the distribution of financial assets and the dynamics of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the Federal Reserve's Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to understand the dynamics of wealth inequality and the concentration of financial assets, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is updated periodically by the Federal Reserve, and there may be some delays in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Share of Other Loans and Advances (Assets) Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBST01120), retrieved from FRED.