Quiz: How Tightly Are Consumers Squeezed?

June 23, 2008 RSS Feed Print

Everyone knows times are tight. But do you know just how tight? Take this Alpha Consumer Quiz to test yourself on how the economic slowdown is changing consumers' daily lives.

  1. How much credit card debt does the average consumer carry?
  2. Which state has the highest average credit card debt?
  3. What share of consumers reports spending $200 or more on gas for cars each month?
  4. How much has the price of milk increased over the past year?
  5. What about butter?

Click here to learn the answers.

Tags:
consumers

Reader Comments Read all comments (2)

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How long is it going to take our elected officials in Washington

to stop playing games with out lives? It's time the American

people begin to shout loud and clear, and make their voices

heard before we're no longer the world's richest and most

powerful country and this whole mess that they created comes

crashing down on the middle class and poor.

Joan A. Lindstrom of CT 2:11PM August 11, 2008

i live in rural person county north carolina. it is 24 miles to durham where i and my wife work. i work 3rd shift and she works first. we spend about 400 a month on gas. we drive toyota rav 4s. groceries have gone up substantially this year. we have cut out a lot of weekend travel and shopping. people in rural areas have been hurt the worst.

robert fisher of NC 2:04PM August 11, 2008

Alpha Consumer

Alpha Consumer

Kimberly Palmer, senior editor for U.S. News & World Report, is the author of Generation Earn: The Young Professional's Guide to Spending, Investing, and Giving Back. Send her your personal finance questions.


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