Share of Equity in Noncorporate Business Held by the Top 1% (99th to 100th Wealth Percentiles)
This dataset tracks share of equity in noncorporate business held by the top 1% (99th to 100th wealth percentiles) over time.
Latest Value
52.80
Year-over-Year Change
0.00%
Date Range
7/1/1989 - 7/1/2024
Summary
This economic trend measures the share of equity in noncorporate businesses held by the top 1% of wealth holders in the United States. It provides insight into wealth concentration and the distribution of business ownership.
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 Equity in Noncorporate Business Held by the Top 1% is an important indicator of wealth inequality. It tracks the percentage of equity in private businesses owned by individuals in the top 1% of the wealth distribution. This metric offers perspectives on the concentration of business ownership and control.
Methodology
The data is calculated by the Federal Reserve based on the Survey of Consumer Finances.
Historical Context
Policymakers and economists use this trend to analyze the dynamics of wealth distribution and ownership of private enterprises.
Key Facts
- The top 1% held over 60% of noncorporate business equity in 2019.
- Noncorporate businesses include sole proprietorships, partnerships, and limited liability companies.
- Wealth concentration has increased significantly in recent decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of equity in noncorporate businesses that is held by the top 1% of wealth holders in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into wealth inequality and the concentration of business ownership, which are important considerations for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on the Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze the dynamics of wealth distribution and ownership of private enterprises.
Q: Are there update delays or limitations?
A: The data is updated periodically by the Federal Reserve, but there may be delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Share of Equity in Noncorporate Business Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBST01125), retrieved from FRED.