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35% in Michigan say Economy Good or Excellent

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

Michigan May 2004

Rating the Economy

Excellent 10%
Good 25%
Fair 34%
Poor 28%

RasmussenReports.com



Thursday, June 17, 2004--During the month of May, 35% of Michigan voters rated the U.S. economy as good or excellent. That's a bit better than the national average.

A Rasmussen Reports survey also found that 28% of Michigan residents rated the economy as poor. Nationally, that figure was 33%.

In Michigan, 34% of all adults said that their personal finances were getting better while 43% said worse. For the entire United States, 33% said better and 44% worse.

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

Michigan

National

 Rasmussen Consumer Index 117.4 109.2
 Rasmussen Investor Index 140.5 131.3

For the state of Michigan, the Rasmussen Consumer Index was at 117.4 for the month of May. That's eight points above the 109.2 reading 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 Michigan was nine points above the national average in May.  

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Separately, Rasmussen Reports Presidential polling data for Michigan shows John Kerry leading George Bush in this battleground state.

State-by-state economic data has so far been released for California, Texas, Florida, New Jersey, and Iowa. Additional state data will be released later this week.

Rasmussen Reports has also recently released Presidential polling data for the states of Florida, Iowa, Oklahoma, Arkansas, Michigan, Maine, South Carolina, Alabama, Minnesota, New Jersey, Virginia, Pennsylvania, North Carolina, Oregon, Missouri, Georgia, Illinois, New York, Texas, California and Ohio.

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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, Florida, and New York carries a 3 percentage point margin of error. For New Jersey, 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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