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Detailed text transcripts for TV channel - FOXNEWS - 20120216:00:23:00

thank you. more signs that the u.s. economy is very much on the mend. optimism among home builders rising for a fifth s in februare highest level since 2007. according to the national association of home builders, wells fargo index. of course, experts say the industry still has a very long way to go. u.s. factories have been busy. revised numbers from the federal reserve show growth in december was the greatest in five years january posted gains as well. the president talking up the news today at a factory in wisconsin. manufacturing is coming back companies are starting to bring jobs back. the economy is getting stronger. shepard: the president told the crowd there is a long way to go. the string of recent economic gains appears to be helping the president s poll numbers quite significantly. his approval rating has hit the 50% mark in a new york times cbs news poll. that s up from a low of 43% just last fall.

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