Quantcast

Obama Approval Ratings Rise Tracks Increasing Consumer Confidence Obama Approval Ratings Rise Tracks Increasing Consumer Confidence

★~DoctorWhoGuru~★ 2012/02/11 04:07:21

WASHINGTON -- On Thursday, the Gallup Daily tracking poll marked a symbolic milestone. For the first time in more than a month and only the third time since last July, Gallup reported an approval rating for President Barack Obama (49 percent) that was slightly higher than his disapproval rating (46 percent).

On Friday, the Rasmussen Reports automated tracking survey marked a similar landmark. It showed Obama's approval rating at 50 percent or greater nationwide for the fifth consecutive day, a popularity not matched on the Rasmussen poll since January 2011.

The two daily tracking surveys are not alone. National telephone polls released in the past week by Fox News, ABC News and the Washington Post, Ipsos/Reuters, and the Democratic Party-affiliated Public Policy Polling (also sponsored by the website DailyKos and the Service Employees International Union) have all found increases in Obama's approval rating since October. Most of the increases range between 4 and 6 percentage points; the Ipsos/Reuters survey found a smaller rise.

Obama Approval Ratings Rise Tracks Increasing Consumer Confidence Obama Approval Ratings Rise Tracks Increasing Consumer Confidence


The improvement since the fall has also been evident in state polls, including such likely battlegrounds in the general presidential election as Ohio, New Hampshire, North Carolina andVirginia.

Given the recent upward blip in the two national daily-tracking polls, some have looked for explanations in the events of the past week, particularly last Friday's Labor Department report of arising employment rate. While positive economic news is the most likely reason for Obama's improving job rating, the upward trend in his ratings did not begin in February. In fact, most of the surveys have tracked a gradual increase in Obama's ratings that began in late October.

The HuffPost Pollster chart, based on all available public polls, shows a slow, steady rise of roughly five percentage points in the president's job approval rating since it hit its all-time low in early October.

Obama Approval Ratings Rise Tracks Increasing Consumer Confidence Obama Approval Ratings Rise Tracks Increasing Consumer Confidence

The longer-term increase in Obama's approval rating parallels five months of increases in several survey-based indexes of consumer confidence. Specifically:

Of course, the overall economic mood remains gloomy. On the Gallup surveys, for example, far more Americans still say that economic conditions nationwide are getting worse (58 percent) than say they're getting better (36 percent) -- though the positive number has more than doubled, from 18 percent, since the fall.

And despite big increases since October, the president continues to receive net negative ratings on "the economy" (44 percent approve, 53 percent disapprove) and "creating jobs" (44 percent approve, 51 percent disapprove) in the most recent ABC News/Washington Post survey.

The main point, however, is that the rising tide of consumer optimism directly parallels the upward trend in Obama's overall job approval rating. That result underscores the promise and the peril for the Obama administration in 2012. Continuing economic recovery will likely further boost his approval ratings and his chances in the November election. Yet we have seen temporary increases in consumer confidence before -- most memorably in January 2010 -- that quickly ebbed in the face of later negative economic news.

Either way, the economic trends of the next six to eight months are likely the most important factor in determining whether Barack Obama wins a second term in November.

Read More: http://www.huffingtonpost.com/2012/02/10/obama-app...

You!
Add Photos & Videos

Top Opinion

  • sjalan 2012/02/11 04:17:37
    sjalan
    +6
    The people recognize that even with all that the Republicans have done AGAINST the economy, it is slowly recovering. The Republicans are going to take a huge hit in Novemeber as this Fascist war of No will reverberate to the very core of the middle class and poor. The totally outrageous conduct of the Republican Candidates has shown they don't give a damn about people only about the POWER over the people.

    Good Bye Republican Party.

Sort By
  • Most Raves
  • Least Raves
  • Oldest
  • Newest
Opinions

  • no one here 2012/02/12 02:01:36
    no one here
    +1
    mY bROTHER PISSES ME OFF PERSONALLY BUT HE IS YOUR best choice!
  • mich52 2012/02/11 14:06:33
  • painted desert 2012/02/11 06:30:46
    painted desert
    +2
    Well watching the republican debates has to be the best show Obama has seen in a while! It has humor and drama. Scandal and betting. A laugh a minute. Hope you enjoyed the show. And welcome to 2012 Mr. President and 4 more years.
  • Idiot repubs 2012/02/11 06:00:24
    Idiot repubs
    +3
    They all debate about who's more freakin white, they have no solution to the Bush screw ups.
  • luvguins 2012/02/11 05:18:11
    luvguins
    +5
    The president probably doesn't even need to campaign. He can just watch these lame candidates continue to implode.
  • flrdsgns luvguins 2012/02/11 05:23:10
    flrdsgns
    +3
    And then show clips of the debates. You know he has to be laughing his head off at these clowns!
  • sjalan 2012/02/11 04:17:37
    sjalan
    +6
    The people recognize that even with all that the Republicans have done AGAINST the economy, it is slowly recovering. The Republicans are going to take a huge hit in Novemeber as this Fascist war of No will reverberate to the very core of the middle class and poor. The totally outrageous conduct of the Republican Candidates has shown they don't give a damn about people only about the POWER over the people.

    Good Bye Republican Party.
  • BeingMe<3 2012/02/11 04:10:15
    BeingMe<3
    big words to much to read.... meep
  • themadhare ~IJM 2012/02/11 04:08:39
    themadhare ~IJM
    +1
    he has skillful handlers preparing for the election very well
  • keymanjim themadh... 2012/02/11 04:33:08
    keymanjim
    +1
    Yeah, the BS factory is working overtime.
  • Begum Z... keymanjim 2012/02/11 04:45:45
    Begum Zebunisah Hamidullah
    +1
    Exactly charismatic, charming, intelligent, family values, conservative and the greatest competition of idiocy and ignorance that has ever been presented to the American citizens by our dear blokes below:
    ffgfsg sdfdf
    dfdf
  • flrdsgns themadh... 2012/02/11 05:24:44
    flrdsgns
    +3
    That he does
    Re election committee

See Votes by State

The map above displays the winning answer by region.

News & Politics

2014/10/22 07:25:45

Hot Questions on SodaHead
More Hot Questions

More Community More Originals