Rasmussen Reports™: The Most Comprehensive Public Opinion Data Anywhere
Obama is failing miserably with his plans to regulate the economy as so many said he would. Now the numbers are really showing that he is less than popular with his ideas.
The Rasmussen Consumer Index, which measures the economic confidence of consumers on a daily basis, dropped three points on Wednesday to 67.0, its lowest level in over two months. The index is down six points over the past week and down nine points over the past month. Today is the first update based entirely upon interviews conducted since last week’s report showing higher than expected job losses in June.
Nationally, 24% of consumers say the economic conditions in the United States are getting better, down five points from the end of last week. Fifty-two percent (52%) of adults say the economy is getting worse.
The Rasmussen Investor Index, which measures the economic confidence of investors on a daily basis, fell to its lowest level in three months. At 70.3, investor confidence is down fourteen points over the past week and fifteen points over the past month.
Among investors, 26% think the economy is getting better, down five points from yesterday. Most investors (51%) say the economy is getting worse, down from 43% before the job report was released.
The Rasmussen Consumer Index and Investor Indexes are derived from nightly telephone surveys of 500 adults and reported on a three-day rolling average basis. The baseline for the Index was established at 100.0 in October 2001. Readings above 100.0 indicate that confidence is higher than in the baseline month.
The Rasmussen Consumer Index reached its highest level ever at 127.0 on January 6, 2004. The all-time low was reached on March 10, 2009 at 54.7.
The Rasmussen Investor Index reached its highest level ever at 150.9 on January 7, 2004. The lowest level ever measured was 52.5 on March 9, 2009.
The baseline for the Rasmussen Consumer Index was established at 100.0 in October 2001. At 67.0 overall levels of economic confidence are significantly lower today than they were in the aftermath of the 9-11 terrorist attacks.
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