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General Electric CEO Jeff Immelt said on Tuesday that in spite of the slower housing market he sees the U.S. economy as being on a solid base.

"The U.S. economy is good," Immelt said in an interview with Reuters. "It hit a few bumps vis-a-vis the housing market and things like that, but on balance the U.S. economy is fine. What's exciting today is that the global markets are really accelerating, and if you look at Western Europe and Japan, stronger than they've been in decades."

For a number of years GE has been focusing on foreign markets for its growth, as from back in the Jack Welch days it was seen that it was the area of growth for decades ahead.

Immelt also reiterated that the company wasn't looking at selling off its NBC Universal media unit at this time, which it owns 80 percent of. He added GE wasn't looking for new acquisitions in the sector either.

"We've got a good digital presence, we've got a good content presence, we've got excellent global presence and I don't see a big transformative deal," Immelt said. "It's $16 billion of revenue, we've got plenty of girth."

The company is especially looking for growth in its GE Healthcare division, which they believe is poised for strong growth for years ahead. It brings in about the same as NBC Universal with revenue of $16.56 billion. Immelt said that healthcare is growing at 3 times the global gross domestic product (GDP).