That bode well for the president, who had worked to turn the election into a choice between his proposals and Romney’s, rather than the simple referendum on the economy during his time in the White House.
Unemployment stood at 7.9 percent on election day, higher than when he took office. And despite signs of progress, the economy is still struggling after the worst recession in history.
There was no doubt about what drove voters to one candidate or the other.
About four in 10 said the economy is on the mend, but more than that said it was stagnant or getting worse more than four years after the near-collapse of 2008. The survey was conducted for The Associated Press and a group of television networks.
Polls were still open in much of the country as the two rivals began claiming the spoils of a brawl of an election in a year in which the struggling economy put a crimp in the middle class dreams of millions.
The president was in Chicago as he awaited the voters’ verdict on his four years in office. He told reporters he had a concession speech as well as victory remarks prepared. He congratulated Romney on a spirited campaign.
“I know his supporters are just as engaged, just as enthusiastic and working just as hard today” as Obama’s own, he added.
Romney reciprocated, congratulating the man who he had campaigned against for more than a year.
Earlier, he raced to Ohio and Pennsylvania for Election Day campaigning and projected confidence as he flew home to Massachusetts.
“We fought to the very end, and I think that’s why we’ll be successful,” he said, adding that he had finished writing a speech anticipating victory but nothing if the election went to his rival.
But the mood soured among the Republican high command as the votes came in and Obama ground out a lead in critical states.