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Will economic upswing help Obama in key states?
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Where do voters see the economy?
- Duration 2:33
- Date May 3, 2012
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Where do voters see the economy?
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The jobs picture tonight.
Benefit applications last week were down by the most in nearly a year.
Our chief White House correspondent Ed Henry tells us one statistic that could mean more than any other to president Obama's reelection hopes.
Comes out tomorrow.
After getting tomorrow's new monthly unemployment numbers from April President Obama will hold the first major rallies of his reelection campaign on Saturday hitting Virginia and Ohio.
Two battlegrounds he's already been visiting frequently with official events -- funded by taxpayers you've gone through some struggles.
But your result.
Ohio is a great example.
Of the core strength and decency of the American people.
You believe in our future the question now do voters still believe in the president especially in Ohio where the economy is showing signs of life.
Well the national unemployment rate is eight point 2% it's only seven point 5% statewide.
Down also from the eight point 6% unemployment rate Ohio had at the end of the Bush Administration.
And a new quinnipiac poll shows voters in Ohio as well as Florida and Pennsylvania bullied by strong margins the economy is beginning to recover.
-- the same poll shows the president is not getting credit in head to head match up with Republican Mitt Romney with voters in Ohio saying.
-- would do a better job on the economy by a margin of 47% to 43%.
Romney also has the edge -- -- nine point margin in Florida.
-- the president has a one point lead on that question in Pennsylvania we are still emerging from the worst recession since the Great Depression.
The worst economic condition that I believe anybody in this remember as ever experienced.
Hand them.
We have more work to do.
That was clear today as a new report was released showing retail sales and April at stores open at least a year rose just point 6%.
That is the worst performance for major retailers like Costco Macy's since November 2009.
A -- the economy is still shaky.
Particularly worrisome is that back in February and march this same group had an average sales gain of four point 1%.
Because of signs the housing and jobs markets were getting better.
So if retail sales are sluggish because people are not spending analysts are wondering does that mean the jobs picture is getting bleaker.
We'll get an answer tomorrow with the April unemployed figures.
Important because the president has -- a string.
Of several good months -- and we will see you back here again tomorrow for that and Henry tonight at the White House.