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33% in CA say Economy Good or Excellent

California Economic Confidence Above National Average

State data from National Survey of 15,000 Likely Voters May 1-31, 2004

California May 2004

Rating the Economy

Excellent 11%
Good 22%
Fair 35%
Poor 30%


Monday, June 14, 2004--During the month of May, 33% of California voters rated the U.S. economy as good or excellent. A Rasmussen Reports survey found that 35% rated the economy as fair while another 30% said poor.

These numbers are slightly more optimistic than the national average. For the month of May nationally, 31% of all American adults rated the economy as good or excellent while 33% said poor.

Forty-four percent (44%) of Californians rate their own finances as good or excellent. That's five points above the national average of 39% for the comparable time frame.

Rasmussen Reports measures the economic confidence of Consumers and Investors on a daily basis. In addition to gathering responses to specific questions, we compile the data as the Rasmussen Index.

For the full month of May, the Rasmussen Consumer Index averaged 109.2 on a national basis, while the Rasmussen Investor Index averaged 131.3 nationally.

May 2004



 Rasmussen Consumer Index 115.5 109.2
 Rasmussen Investor Index 133.4 131.3

For the state of California, the Rasmussen Consumer Index was at 115.5 for the month of May, a bit higher than figures for the nation at large. The baseline of 100.0 was established in October 2001. Higher readings mean a higher level of economic confidence.

The Rasmussen Investor Index in California was also slightly above the national average.  

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Thirty-five percent (35%) of California adults say the economy is getting better while 48% say it is getting worse.

There is often a strong correlation between perceptions of the economy and voting patterns. The most recent Rasmussen Reports Presidential polling data for California shows John Kerry with a solid lead over George Bush.

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This data has been compiled from a national telephone survey of 15,000 Adults conducted by Rasmussen Reports from May 1-31, 2004.  Each night (except Mothers’ Day), 500 interviews with Likely Voters were conducted. State-by-state samples carry a margin of error that varies from +/- 3 percentage points to +/- 5 percentage points depending upon the state. Data for California, Texas, and New York carries a 3 percentage point margin of error. For Florida, Illinois, Pennsylvania, Ohio, and Michigan, the margin of error is +/- 4 percentage points. For all other states, the margin of error is +/- 5 percentage points. In all cases, the margin of error is expressed with a 95% level of confidence. In some states, oversampling and supplemental interviews were used to obtain an adequate sample size for reporting purposes.

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