← All instruments — the full set 1989
high 36.70 · low 28.10 · now 29.20 · 4 recessions shaded 2025
S9 · THE MIDDLE CLASS'S SLICE
Share of net worth held by the middle 40% (50th–90th)
29.20
CALM ROBUST z -0.29 DRS 95 quarterly as of 2025-10-01
Where it sits: near the middle of its last decade.
The full history
How it is read
- What it measures
- the middle class's slice
- Where it sits
- near the middle of its last decade — at the 42th percentile of its last decade.
- z vs. its window
- -0.29 (strain side: down). 38 observations in the window.
- State rule
- z < 1 CALM · 1 ≤ z < 2 WATCH · z ≥ 2 EXTREME, measured only toward the declared strain side.
- Confidence
- ROBUST — a primary official series, mechanically reported.
- Reliability (DRS)
- DRS 95 — Fed DFA. Completes the four-band decomposition with S6 (bottom 50%), S10 (next 9%), and S7 (top 1%). Trend-dominated; decade-relative, disclosed.
Where it comes from
FRED ↗ Every number on this site is reproducible from this primary source.
What it read at past stress points
| Lehman, Sep 2008 | 31.90 | ◆ WATCH |
|---|---|---|
| Q4-2018 selloff | 28.80 | · CALM |
| Curve inversion, Aug 2019 | 28.20 | ◆ WATCH |
| COVID crash, Mar 2020 | 29.60 | · CALM |
Questions it helps answer
- Who Gets What — Where does the wealth sit — and who keeps the output?