A 3 point swing for Obama today as his takes back the lead from McCain amid growing worries about the state of the economy.
Today’s report includes two days of interviewing conducted after reports of the collapse of Wall Street financial institutions and changes in the stock market began to dominate the news on Monday. Gallup Poll Daily tracking data show that in each of these individual days (Monday and Tuesday) consumer ratings of the U.S. economy have become more negative.
Similarly, in each of these individual days’ interviewing, Obama has led McCain in election tracking. There is thus a correlation between the bad financial news and Obama’s gains, although the data do not allow us to conclude definitively that there is a causal connection between the two.