• News Feeds
Page last updated at 10:00 GMT, Wednesday, 7 November 2012

'Economic momentum' aids Obama victory

Advertisement

What does Obama's victory mean for the US and global economy?

The economy was billed as the central battle ground and one thing worth reflecting on is that no one has ever won with unemployment as high as it is currently, so an impressive victory in that sense but not much time to celebrate - the US is hurtling towards the edge of a fiscal cliff - tax rises and spending cuts that come in automatically on 1 January.

The BBC's economics editor Stephanie Flanders explains.


Get in touch with Today via email , Twitter or Facebook or text us on 84844.

SEE ALSO

Story Tools

BBC navigation

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific