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US optimism on economy 'growing'

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President Barack Obama

President Barack Obama

President Barack Obama

Americans are growing more optimistic about the economy, a sentiment that is benefiting President Barack Obama despite public disenchantment with his handling of rising petrol prices and swollen government budget deficits.

An Associated Press-Gfk poll found more than two out of five people believe the economy will get better, while a third think it will stay the same and nearly a quarter think it will get worse, a rebound from last month's more pessimistic attitude.

For the first time since the 100-day mark of his presidency, slightly more than half approve of Mr Obama's stewardship of the economy.

Both findings represent a boost for Mr Obama, though he still must overcome ill will over government red ink and the high cost of petrol at the pump.

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