Geithner says economy growing faster than expected

[April 20, 2010]  WASHINGTON (AP) -- Treasury Secretary Timothy Geithner says the economy is growing faster than the Obama administration expected.

He tells NBC's "Meet the Press" that the country is on the way to sustained job creation. But he acknowledges that unemployment may remain high, close to 10 percent.

Geithner says there's more confidence in the business world, and he says the private sector is growing. He also says people are spending more.

He said he sees encouraging signs that should make Americans confident the country will emerge stronger.

[Associated Press]

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.