It says that Obama’s lead is falling.
Its bad news for Obama.
The latest Rasmussen Reports telephone survey in Florida shows John McCain leading Barack Obama by seven percentage points, 48% to 41%. One week earlier, it was McCain by eight. A month ago, the Republican had a ten-point lead.
Obama's favorability may be falling, but from my read, one month ago McCain's polling lead was 10 points. One week ago, McCain's lead was down 2 points. Now it is down another 1 point.
With a +-4.5% margin of error, Florida was safe when McCain was leading by 10. Now he's leading by 7, which is within the margin of error.
-PJ