Saturday, July 11, 2020
Hawai'i Free Press

Current Articles | Archives

Thursday, March 03, 2011
D.C., Hawaii Top the Rest of the Union in Economic Confidence
By News Release @ 6:24 PM :: 4793 Views :: Energy, Environment, National News, Ethics

D.C., Hawaii Top the Rest of the Union in Economic Confidence

Confidence up in most states in 2010, but unchanged in 16

by Lydia Saad Gallup.com

PRINCETON, NJ -- While no state exhibited strong economic confidence in 2010, the people of Washington, D.C., Hawaii, Iowa, and Maryland had the highest economic confidence. At the other end of the spectrum, residents of West Virginia, Idaho, and Rhode Island were the least confident.

Top 10 States, Gallup Economic Confidence Index, 2010Bottom 10 States, Gallup Economic Confidence Index, 2010

The Gallup Economic Confidence Index is a composite of two questions about the U.S. economy. One asks Americans to rate current economic conditions in the country -- as excellent, good, only fair, or poor. The other asks Americans whether they perceive that economic conditions are getting better or getting worse. The Index has a theoretical maximum of +100 (if all respondents rate the economy "excellent" or "good" and say it is improving) and a theoretical minimum of -100 (if all rate the economy "poor" and say it is getting worse).

Nationally, the Gallup Economic Index improved considerably over the past two years, increasing to -28 in 2010 from -35 in 2009 and -50 in 2008. However, it remains far below the strongly positive values recorded from the late 1990s through 2000.

The states with the highest economic confidence cluster in the center of country and, to a lesser degree, in the East. Several of these states (North Dakota, South Dakota, Nebraska, Hawaii, and Maryland) enjoy below-average unemployment rates. However, unemployment is not a perfect predictor of economic confidence, as several other states with relatively low unemployment (such as New Hampshire and Wyoming) have average or below-average confidence.

Confidence Up in Most States, but Particularly in Blue States

Between 2009 and 2010, economic confidence grew in 34 states plus the District of Columbia. The Gallup Economic Confidence Index increased in these states by at least 4 percentage points but by as much as 22 points. The Index was statistically unchanged in the remaining 16 states, all of which showed smaller increases or slight, but statistically insignificant, declines.

Explore complete state data >

Six of the 10 states with the biggest gains in economic confidence in 2010 also rank in the top 10 Democratic states for the year: Hawaii, the District of Columbia, Delaware, Massachusetts, Maryland, and Connecticut.

Similarly, seven of the most Republican states -- South Dakota, New Hampshire, Idaho, Alaska, Utah, Montana, and Nebraska -- are among those showing no gains in economic confidence in 2010. As is the case for overall economic confidence, Rhode Island stands out as a state that does not follow expected partisan patterns, being the only top 10 Democratic state to show no improvement in confidence since 2009.

These political patterns in economic confidence trends among states were also evident in 2009, a finding Gallup credited at the time to the new Obama administration's boosting the economic outlook of Democrats and, conversely, discouraging that of Republicans.

Gallup Economic Confidence Index by State, 2008-2010, Ranked by 2009-2010 Change

Bottom Line

Although economic confidence improved in most states in 2010, the difference between the highest- and the lowest-confidence states remains a matter of degrees of economic pessimism, with only the District of Columbia showing net optimism. Furthermore, economic confidence rose by more than 10 points in only a handful of states, with residents in many of these possibly reacting positively to the president's leadership rather than to measurable economic gains.

D.C., Hawaii Top the Rest of the Union in Economic Confidence

Confidence up in most states in 2010, but unchanged in 16

by Lydia Saad

Page: 12

PRINCETON, NJ -- While no state exhibited strong economic confidence in 2010, the people of Washington, D.C., Hawaii, Iowa, and Maryland had the highest economic confidence. At the other end of the spectrum, residents of West Virginia, Idaho, and Rhode Island were the least confident.

Top 10 States, Gallup Economic Confidence Index, 2010Bottom 10 States, Gallup Economic Confidence Index, 2010

The Gallup Economic Confidence Index is a composite of two questions about the U.S. economy. One asks Americans to rate current economic conditions in the country -- as excellent, good, only fair, or poor. The other asks Americans whether they perceive that economic conditions are getting better or getting worse. The Index has a theoretical maximum of +100 (if all respondents rate the economy "excellent" or "good" and say it is improving) and a theoretical minimum of -100 (if all rate the economy "poor" and say it is getting worse).

Nationally, the Gallup Economic Index improved considerably over the past two years, increasing to -28 in 2010 from -35 in 2009 and -50 in 2008. However, it remains far below the strongly positive values recorded from the late 1990s through 2000.

The states with the highest economic confidence cluster in the center of country and, to a lesser degree, in the East. Several of these states (North Dakota, South Dakota, Nebraska, Hawaii, and Maryland) enjoy below-average unemployment rates. However, unemployment is not a perfect predictor of economic confidence, as several other states with relatively low unemployment (such as New Hampshire and Wyoming) have average or below-average confidence.

Confidence Up in Most States, but Particularly in Blue States

Between 2009 and 2010, economic confidence grew in 34 states plus the District of Columbia. The Gallup Economic Confidence Index increased in these states by at least 4 percentage points but by as much as 22 points. The Index was statistically unchanged in the remaining 16 states, all of which showed smaller increases or slight, but statistically insignificant, declines.

Explore complete state data >

Six of the 10 states with the biggest gains in economic confidence in 2010 also rank in the top 10 Democratic states for the year: Hawaii, the District of Columbia, Delaware, Massachusetts, Maryland, and Connecticut.

Similarly, seven of the most Republican states -- South Dakota, New Hampshire, Idaho, Alaska, Utah, Montana, and Nebraska -- are among those showing no gains in economic confidence in 2010. As is the case for overall economic confidence, Rhode Island stands out as a state that does not follow expected partisan patterns, being the only top 10 Democratic state to show no improvement in confidence since 2009.

These political patterns in economic confidence trends among states were also evident in 2009, a finding Gallup credited at the time to the new Obama administration's boosting the economic outlook of Democrats and, conversely, discouraging that of Republicans.

Gallup Economic Confidence Index by State, 2008-2010, Ranked by 2009-2010 Change

Bottom Line

Although economic confidence improved in most states in 2010, the difference between the highest- and the lowest-confidence states remains a matter of degrees of economic pessimism, with only the District of Columbia showing net optimism. Furthermore, economic confidence rose by more than 10 points in only a handful of states, with residents in many of these possibly reacting positively to the president's leadership rather than to measurable economic gains.

For more details on Gallup's polling methodology, visit www.gallup.com.

Gallup Economic Confidence Index, 2010 Results by State

 
Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

808 Silent Majority

808 State Update AM940

ABCDEFG Blog

ACA Signups Hawaii

ACCE

ALEC

Alliance Defending Freedom

Aloha Life Advocates

Aloha Pregnancy Care Center

American Council of Trustees and Alumni

American Mothers of Hawaii

AMVETS-Hawaii

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Astronomy Hawaii

Audit The Rail

Ballotpedia Hawaii

Better Hawaii 

Blaisdell Memorial Project

Broken Trust 

Build More Hawaiian Homes Working Group

CAFR Hawaii

Castaway Conservative

Children's Alliance Hawaii

Children's Rights Institute

ChinaTownWatch.com

Christian Homeschoolers of Hawaii

Citizens for Recall

Cliff Slater's Second Opinion

Coffee Break

CSIS Pacific Forum

DAR Hawaii

DeedySupport.com

DVids Hawaii

E Hana Kakou Kelii Akina

E Māua Ola i Moku o Keawe

Farmers For Choice Hawaii

FIRE

Fix Oahu!

Follow the Money Hawaii

Frank in Hawaii

Front Page Magazine

Frontline: The Fixers

Genetic Literacy Project

Get Off Your Butts!

God, Freedom, America

Grassroot Institute

Habele.org

Hawaii Aganst Assisted Suicide

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii Coalition Against Legalized Gambling

Hawaii ConCon Info

Hawaii Credit Union Watch

Hawaii Crime Victims' Rights

Hawaii Crop Improvement Association

Hawaii Debt Clock

Hawaii Defending Marriage

Hawaii Defense Foundation

Hawaii Family Advocates

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii Firearm Community

Hawaii Fishermen's Alliance

Hawaii Future Project

Hawaii Gathering of Eagles

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii March for Life

Hawaii Meth Project

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Right to Life -- Big Island

Hawaii Right to Life -- Oahu

Hawaii Shield Law Coalition

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together

Heritage Foundation

HI Coalition Against Legalized Gambling

HIEC.Coop 

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Homeless Crisis

Honolulu Navy League

Honolulu Traffic

Horns of Jericho Blog

House Minority Blog

House Republican Caucus YouTube

HPACC

Hump Day Report

I Vote Hawaii

If Hawaii News

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

Iowa Meets Maui

Jackson v Abercrombie

Jihad Watch

July 4 in Hawaii

Kahle v New Hope

Kakaako Cares

Kau TEA Party

Kauai Co GOP

Keep Hawaii's Heroes

KeyWiki

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Mauna Kea Recreational Users Group

MentalIllnessPolicy.org

Middle East Forum--The Legal Project

Mililani Conservatives for Change

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

Muslim Brotherhood in America

NAMI Hawaii

NARTH

Natatorium.org

National Christian Foundation Hawaii

National Parents Org Hawaii

National Wind Watch

New Hawaiian

New Zeal

NFIB Hawaii News

No GMO Means No Aloha

Northwest Economic Policy Seminar

Not Dead Yet, Hawaii

Now What I Really Think

NRA-ILA Hawaii

Oahu Alternative Transport

ObamaCare Abortion Hawaii

Obookiah

OHA Lies

Opt Out Today

OurFutureHawaii.com

Pacific Aviation Museum

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons 

Pro-GMO Hawaii

P.U.E.O.

RailRipoff.com

Rental by Owner Awareness Assn

Republican Party -- Hawaii State

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

Save Dillingham Airfield

School Choice in Hawaii

SenatorFong.com

SIFE Remington

SIFE W. Oahu 

Sink the Jones Act

Smart About Marijuana--Hawaii

St Marianne Cope

State Budget Solutions Hawaii

State Policy Network

Statehood for Guam

Tax Foundation of Hawaii

The Harriet Tubman Agenda

The Long War Journal

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

Truth About Trade & Technology - Hawaii

UCC Truths

Union Members Know Your Rights

US Tax Foundation Hawaii Info

Valor in the Pacific

VAREP Honolulu

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii

Yes2TMT