Share of Other Loans and Advances (Liabilities) Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBST01132 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.70
Year-over-Year Change
5.32%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the share of other loans and advances (liabilities) held by the top 1% of wealth holders in the United States. It provides insights into wealth concentration and inequality at the top of the wealth distribution.
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 (Liabilities) Held by the Top 1%' tracks the proportion of this type of debt owned by individuals in the 99th to 100th wealth percentiles. This metric is used by economists and policymakers to analyze trends in household balance sheets and wealth inequality.
Methodology
The data is collected through the Federal Reserve's Survey of Consumer Finances.
Historical Context
This trend is relevant for understanding financial vulnerabilities and policy impacts on high-wealth households.
Key Facts
- The top 1% held over 60% of other loans and advances in 2019.
- Wealth inequality has increased in the U.S. over the past decades.
- Household debt is an important indicator of financial vulnerability.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of other loans and advances (liabilities) held by the top 1% of wealth holders in the United States. It provides insights into wealth concentration at the top of the distribution.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding household balance sheets, wealth inequality, and potential financial vulnerabilities at the top of the wealth distribution.
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: This trend is used by economists and policymakers to analyze the impacts of economic policies on high-wealth households and monitor financial stability risks.
Q: Are there update delays or limitations?
A: The Survey of Consumer Finances is conducted triennially, so there may be delays in data availability compared to some other economic indicators.
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Citation
U.S. Federal Reserve, Share of Other Loans and Advances (Liabilities) Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBST01132), retrieved from FRED.