Fed Pres Lockhart: One Month Of Good News Is Not A Recovery

Fed Pres Lockhart: One Month Of Good News Is Not A Recovery

PARIS (Reuters) -- One month of improved data does not constitute an economic recovery and recession in the United States will last for at least a few more months, Atlanta Federal Reserve President Dennis Lockhart said on Thursday.

New orders for long-lasting U.S.-made goods rose in February for the first time in seven months and new home sales rebounded, government data showed on Wednesday.

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