PPP's newest polls in Iowa and New Hampshire find Mitt Romney leading Barack Obama 49-48 in both states. That represents a big decline for Obama compared to last month. Obama had previously led 51-44 in Iowa and 51-43.5 in New Hampshire on polls conducted the final week of September.
Mitt Romney's seen a big improvement in his image in both states. In Iowa his net favorability has improved 16 points from a -15 spread at 40/55 on our last poll to now 48/47. He's seen a 10 point ascent on that front in New Hampshire from -5 at 45/50 when we last looked at his favorability in August to now 51/46. Obama's approval numbers have declined. He was at 49/48 the last time we polled each of these states, but now he's dropped to 46/50 in Iowa and 47/51 in New Hampshire.
Romney has a big advantage on the economy in both of these states that seems to be driving his lead. In New Hampshire voters prefer Romney 52/45 on that front and in Iowa it's 49/45. Voters are closely divided between the two candidates on the issue of Libya, favoring Romney 47/46 in New Hampshire and 46/44 in Iowa. Obama does have a wide lead on women's issues in both states, 56/39 in New Hampshire and 49/44 in Iowa.
Obama's decline in these states is particularly large compared to his national drop over the last month, but it's a reflection of the demographics in them. Obama has fallen much further with white voters than African Americans or Hispanics and in states like Iowa and New Hampshire where almost the entire population is white it stands to reason that he would have a bigger decline.
Voters in both Iowa (45/36) and New Hampshire (46/38) do think that Obama won the debate on Tuesday night. But unlike Romney's win in the first debate this one doesn't seem to be moving the needle too much.
State specific notes from Iowa: