Summers says US economy to continue to decline for some time
Lawrence Summers, director of the White House National Economic Council, said on ``FOX News Sunday'' that he suspects the US economy will continue to decline for some time to come.
The US is continuing to recover from the worst recession since the Great Depression, the White House said after the latest jobs report revealed that the unemployment rate for the month of April has dropped to 7.5 per cent, the lowest in four years.