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Economic trend lines, for now, favoring Obama

Economic indicators are proving consumers are thinking positive about recovery.

President Barack Obama speaks about exports, jobs, and the economy, Wednesday, July 7, 2010, in the East Room of the White House in Washington. (AP Photo/Pablo Martinez Monsivais)

WASHINGTON (AP) - For the past year, President Barack Obama has confronted a dizzying swell of economic news - hiring up, hiring down, a euro crisis abroad, seesawing gasoline prices, foreclosures dragging down home values.

Six weeks before the election, those highs and lows are merging into a straighter line. And while that line is below optimum performance, it's moving in a positive direction.

The economic numbers track with polls showing that while a majority says the country is heading in the wrong direction, an increasing number say it's on the right path. The rising optimism also coincides with polls showing Obama opening leads over Republican Mitt Romney in some crucial swing states.

If Obama's advantage holds, September may be remembered as a pivotal month when political and economic attitudes began to gel.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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