GE CEO Immelt says global economy is improving

SALT LAKE CITY, April 27 (Reuters) - General Electric Co (GE.N) believes the global economy is continuing to improve and that rising oil prices have not yet taken a toll on growth, the largest U.S. conglomerate's chief executive officer said.

"Things are getting better every day. The global economy outside the U.S. is strong," CEO Jeff Immelt told reporters ahead of the company's annual shareholders meeting.

The U.S. economy is also improving, he added, although the housing sector remains a weak spot.

The future of the nuclear power industry is unclear in the wake of the disaster at Japan's Fukushima power plant, where GE designed the turbines, Immelt said.

"It's too soon to say what the future of the nuclear business is going to be," Immelt said. (Reporting by Scott Malone; Editing by Lisa Von Ahn)