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36% in Texas say Economy Good/Excellent Texas Economic Confidence Above National Average | |||||||||||||||||||||||||||
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State data from National Survey of 15,000 Likely Voters May 1-31, 2004
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Monday, June 14, 2004--During the month of May, 36% of Texas voters rated the U.S. economy as good or excellent. A Rasmussen Reports survey found that 34% rated the economy as fair while another 28% said poor. Texans are 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-two percent (42%) of Texans rate their own finances as good or excellent. That's three points above the national average of 39% for the comparable time frame. [Note: 36% of Floridians rate the economy as good or excellent even though the figures in table to the left appear to total 35%. The difference is due to rounding.] 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 Texas, the Rasmussen Consumer Index was at 117.4 for the month of May, eight points 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 Texas was nine points above the national average. Data has also been released for California and Florida. Other state data will be added as the week unfolds. Thirty-nine percent (39%) of Texas adults say the economy is getting better while 49% say it is getting worse. There is often a strong correlation between perceptions of the economy and voting patterns. Not surprisingly, however, the most recent Rasmussen Reports Presidential polling data for Texas shows George Bush with a commanding lead in his home state.
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 Texas, 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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