The Consumer Credit Crunch Is Already Underway

Gallup by Dennis Jacobe | Sep. 17, 2007 (Poll)

New early September poll shows credit crunch impact varies by age, income, geography

New poll data for early September -- as well as that collected over the past three months -- suggests that contrary to popular perceptions, the consumer credit crunch has also been underway for several months. In particular, this seems to be the case for many younger- and lower-income consumers as well as those in the Midwest. [Free acccess to this report may expire on 9/17/7] Full Story »

Posted by Leo Romero

More Info

4.4

by Chris Finnie - Oct. 1, 2008

Interesting story in that it shows more detail on financial issues and most stories. I'm used to seeing pieces that talk about macro economic trends. By breaking it down by age, income, and region, this shows a more realistic picture of how the economy is doing.

See Full Review » (13 answers)

5.0

by Jack Dinkmeyer - Oct. 1, 2008

The data in this poll show disturbing trends: the Federal Reserve lags behind actual economic realities of Main Street America; lower and middle class Americans have been left out of Cheney-Bush's great robust economy, which is reserved for the minority rich. Is America on the brink of recession? Or worse? Much of the world thinks so.

See Full Review » (13 answers)