(05-12) 05:13 PDT WASHINGTON (AP) --
Americans are growing more optimistic about the U.S. economy, a sentiment that is benefiting President Barack Obama despite public disenchantment with his handling of rising gasoline prices and swollen government budget deficits.
An Associated Press-GfK poll shows that more than 2 out of 5 people believe the U.S. economy will get better, while a third think it will stay the same and nearly a fourth think it will get worse, a rebound from last month's more pessimistic attitude. And, for the first time since the 100-day mark of his presidency, slightly more than half approve of Obama's stewardship of the economy.
Both findings represent a boost for Obama, though he still must overcome ill will over government red ink and the price of gas at the pump, now hovering around $4 a gallon.
But the public's brighter economic outlook also could signal a boost to the current recovery, which relies to a great degree on consumer behavior. A public that is confident about economic performance is more likely to spend more and accelerate the economy's resurgence.
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http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2011/05/12/national/w000632D92.DTL