The latest Rasmussen Reports telephone survey in Arizona shows a tight race with Hillary Clinton leading Barack Obama by five percentage points. Clinton attracts 46% of the vote while Obama earns 41%. Twelve percent (12%) say they’d like to vote for some other candidate while 3% remain undecided.

Clinton leads by eleven points among women but trails by three points among men.

Clinton leads by seventeen points among those who consider the economy to be the top voting issue of Election 2008. Obama leads by sixteen among those who consider the War in Iraq to be the highest priority.

The race remains fluid and nearly one-third of the voters say they might change their mind. Sixty-six percent (66%) of Clinton’s voters are “certain” they will vote for her. Just 61% of Obama’s supporters are that certain.

Seventy-five percent (75%) of Likely Primary Voters have a favorable opinion of Clinton. Seventy-four percent (74%) say the same about Obama.

The candidates are seen as equally electable—76% believe that both Clinton and Obama would be somewhat likely to win the White House if nominated.

Thirty-seven percent (37%) consider the economy as the top issue of Election 2008. Twenty-six percent (26%) believe the War in Iraq is the highest priority. Fourteen percent (14%) name Health Care and 12% named immigration.

Clinton remains the frontrunner for the Democratic Nomination, but Obama has gained ground since Obama’s huge victory in South Carolina and high-profile endorsements from the daughter and brother of martyred President John F. Kennedy. A Rasmussen Reports analysis earlier in the week noted that the numbers still favored Clinton, but sometimes the numbers don’t matter.

Since then, Obama’s position has improved in the Rasmussen Reports daily Presidential Tracking Poll and in several states including California, Missouri, Alabama, and Massachusetts (see summary of Super Tuesday polls). Still, while Clinton has lost ground, she started from a very solid position. So, it remains to be seen whether Obama’s surge will be enough to actually take the lead or if he will fall just a little bit short. Whatever the outcome, it is now unlikely that the Democratic nominee will be selected on February 5.

Rasmussen Markets data gives Clinton a % chance of winning the Democratic nomination and Obama a % chance. Numbers in this paragraph are from a prediction market, not a poll. Using a trading format where traders "buy and sell" candidates, issues, and news features, the Rasmussen Markets harness competitive passions to provide a reliable leading indicator of upcoming events. We invite you to participate in the Rasmussen Markets. It costs nothing to join and add your voice to the collective wisdom of the market.

A summary of Rasmussen Markets data for Super Tuesday contests is available for both Republicans and Democrats.