You're watching...

How Will Perceptions of the Economy Impact the Election?

Details

  • Description

    Rasmussen Reports’ Scott Rasmussen on how the health of the economy sways voters.

  • Duration 2:37
  • Date

Clips

Also in this playlist...

Varney and Co.

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Daily tracking -- president -- has retaken the lead of a Mitt Romney.

President Obama is now -- 47.

Romney 45.

Scott Rasmussen joins us from just why the shift -- Well this is the first update we've done based entirely an interview since Friday's jobs report.

And there's a shift obviously president has -- just once the previous 34 days he hasn't been higher than 47%.

Support -- months.

But the story line as the same -- it's been all -- -- the economy gets better perceptions of the economy get better.

The president will win so begets more jobs reports that exceed expectations.

It's good news for the -- I think it.

-- the I and I don't get that.

Because the unemployment rate I thought that's what most people looked at as as an indicator of the labor market the unemployment rate went off.

Again.

It was new Joseph -- nor do what only up to eight point 254%.

You know that.

Yep -- three -- know what I'm saying I mean as sure as a popular indicator of the employment situation the right is -- its past and yet President Obama went up in the polls.

Even though the rate went off and that's what -- -- -- Well there's a couple things here first of all I think the expectations were so -- for Friday's report.

That the news just beating expectations by enough it was perceived as a good thing was perceived as a good day Rex Nutting MarketWatch said it would -- really means were treading water rather than sinking.

But that was still perceived as of a better than expected outcome.

-- the other part of this is.

The July jobs report along with the January -- subject to bigger seasonal adjustments that any other time of the year if a month from now this number gets revised down.

If the next report is bad we won't see the president's numbers head in the other direction.

It's still all about the economy and how people or feeling about it and walk away to -- typically by the way takes a full week.

For perceptions jobs report to to affect consumer confidence to really see what the measure will be.

OK well we got it in now on the show 4745.

-- Obama leads Mitt Romney first and we've seen that lead.

I think -- how many within weeks hasn't since present a bomb was in the lead.

Yeah it was at once -- point over the last five weeks of the that's been it.

OK -- do you have an update on a Mitt Romney in Indiana of one of the swing states.

-- what Mitt Romney's winning big he's up by fifteen points and Indiana that is a state that is clearly not gonna go for President Obama.

But this time around OK Scott Rasmussen thank you very much indeed so good to see you again -- --