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31% in NJ say Economy Good or Excellent

New Jersey Economic Confidence Above National Average

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

New Jersey May 2004

Rating the Economy

Excellent 5%
Good 26%
Fair 40%
Poor 28%


Monday, June 14, 2004--During the month of May, 31% of New Jersey voters rated the U.S. economy as good or excellent. That's the same as the national average.

However, a Rasmussen Reports survey found that just 28% of New Jersey residents rated the economy as poor. Nationally, that figure was 33%.

In the Garden State, 34% of all adults said that their personal finances were getting better while 40% 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

New Jersey


 Rasmussen Consumer Index 113.4 109.2
 Rasmussen Investor Index 133.7 131.3

For the state of New Jersey, the Rasmussen Consumer Index was at 113.4 for the month of May. That's four 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 New Jersey was two points above the national average in May.  

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Separately, Rasmussen Reports Presidential polling data for New Jersey shows John Kerry leading George Bush in this Democratic leaning state.

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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 New Jersey, New Jersey, 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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