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New York Economic Confidence Below National Average | |||||||||||||||||||||||||||
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State data from National Survey of 15,000 Likely Voters May 1-31, 2004
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Thursday, June 18, 2004--During the month of May, 25% of New York voters rated the U.S. economy as good or excellent while 37% said poor. Those figures are substantially worse than the national average. Across the United States, 31% said good or excellent and 33% said poor. In New York, 44% of all adults said the economy was in a recession during May while 35% said it was not. Once again, that's significantly more bearish than the data for the entire United States. Nationally, 40% said the recession was still with us while 39% said it was not. 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.
For the state of New York, the Rasmussen Consumer Index was at 97.0 for the month of May. That's a dozen points below the 109.2 reading for the nation at large. The baseline of 100.0 was established nationally in October 2001. Higher readings mean a higher level of economic confidence. The Rasmussen Investor Index in New York was fifteen points lower than the national average in May. Separately, Rasmussen Reports Presidential polling data for New York shows John Kerry with a very solid lead over George Bush in this Democratic leaning state. State-by-state economic data has so far been released for California, Texas, Florida, New Jersey, Iowa , Michigan and Illinois. 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.
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 Ohio, Michigan, Pennsylvania, Ohio, and Illinois, 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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