Obama Doing Fine Describing Large U.S. Companies: BGOV Barometer

Republican Mitt Romney’s campaign mocks President Barack Obama for saying last week that “the private sector is doing fine,” with unemployment above 8 percent and 12.7 million Americans out of work.

While there’s room for debate about the definition of “doing fine,” the BGOV Barometer shows that by some measures - - corporate profits, stock market performance and hiring by private employers -- the health of the U.S. private sector is improving.