Bloomberg News

Sperling Says U.S. Economic Recovery Still Has ‘Long Way to Go’

October 16, 2012

Gene Sperling, the head of the White House’s National Economic Council, said that even as the U.S. economy has shown “signs of healing,” the progress of the expansion hasn’t been sufficient.

“We haven’t come far enough” and the drop in the jobless rate has a “long way to go,” Sperling said at a National Association for Business Economics meeting in New York today.

To contact the reporter on this story: Jeff Kearns in New York at jkearns3@bloomberg.net

To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net


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