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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Feb 20, 1992
Page
3
The 1991 U S trade deficit totaled 66 2 billion, down from 101 72 billion in 1990, marking the lowest imbalance since 198. Exports rose and autos, computers, and aircraft led gains while car and oil imports fell, with Western Europe posting a surplus for the year.
Lawmakers rejected a bill tied to Barbara Bush’s pet project to fund White House art and antiques collection. about 100 House members shifted views as the measure failed 241 to 172 amid fiscal concerns and a tactics dispute led by Sen. Alan Cranston. Diane Wolf, a New York socialite, backed new coin designs, criticizing current imagery as outdated.
Washington says initial jobless claims climbed by 18 000 to 452 000 in the first week of February. The four week moving average held near 450 000 as economists warned against overreacting to a single week’s data. The January unemployment rate stood at 7.1 percent, with analysts forecasting further weakness into mid year.
The political page notes Tsongas seeks to convert New Hampshire momentum into a national bid against Clinton, who has strong Southern and Georgia fundraising networks. Clinton touts Florida organizers and aims to limit Tsongas gains in Maryland and Colorado while protecting his Southern base.
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