Consumer Index surges to 112.9
Investor Index rebounds to 134.1
Updated Daily by 8:00 AM Eastern
Rasmussen Consumer Index
Today 112.9
Yesterday 109.0
Week Ago 117.4
Month Ago 120.0
RasmussenReports.com
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Rasmussen Investor Index
Today 134.1
Yesterday 130.7
Week Ago 134.7
Month Ago 137.7
RasmussenReports.com
Wednesday September 01, 2004--After reaching its lowest level in three months yesterday, the economic confidence of American consumers and investors rebounded on Wednesday.
The Rasmussen Consumer Index surged ahead as it added four points on Wednesday to 112.9. The Index, which measures the economic confidence of American consumers on a daily basis, is down four points from a week ago and down seven points from a month ago. However, it is up two points from three months ago.
The Rasmussen Investor Index reversed three straight days of losses and moved sharply ahead three and a half points on Wednesday to 134.1. Despite the gains, the Investor Index is is down a point from a week ago and down four from a month ago. However, it is up one from three months ago.
In advance for Friday's government report on employment, the Hudson Employment Index (SM) gained half-a-point in August to 108.9. The percentage of workers worried about losing their jobs dropped to 17 percent this month, matching its lowest level of the year.
Historical data on the Rasmussen Index is available to RR Premium Members. Data available includes daily updates of individual questions such as how Consumers and Investors rate the economy, how they rate their own personal finances, whether the economy is getting better or worse, whether their own finances are getting better or worse, and whether they believe the U.S. economy is in a recession. To learn more, click HERE. To sign up, click HERE.
New results from the Rasmussen Index are released by 8:00 a.m. Monday through Friday and by 9:00 a.m. Saturday and Sunday. Questions?
The Rasmussen Index was established in October 2001 and is updated daily. It has consistently shown Economic Confidence trends in advance of the traditional indicators provided by the Conference Board and University of Michigan.
The Rasmussen Consumer Index reached its highest level ever at 127.0 on January 6, 2004. The low for 2004 was reached May 27 at 104.6. Prior to this year, the highest level ever reached was 124.3 on April 2, 2002. The highest point reached in 2003 was 123.2 (December 30 and 31). The lowest level ever measured by the Consumer Index was reached March 11, 2003 at 83.2.
The Rasmussen Investor Index reached its highest level ever at 150.9 on January 7, 2004. Prior to the capture of Saddam Hussein in December 2003, the highest level ever reached by the Investor Index was 142.8 on March 28, 2002. The lowest level ever measured was 91.1 on March 13, 2003.
The baseline for the Rasmussen Consumer Index was established at 100.0 in October 2001. The current level of 112.9 means that overall levels of economic confidence are higher than in the aftermath of the 9-11 terrorist attacks.
The current Index data is from a national telephone survey of 1,500 adults conducted by Rasmussen Reports over the past three nights. The margin of sampling error for each individual question in the survey is +/- 2.6 percentage points, with a 95% level of confidence. This survey is part of a larger series of data used to compile the Rasmussen Index on a daily basis.
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