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Durable goods rise hints economy may rebound
Manufacturing orders jumped 2 percent in March, signaling possible recovery, while unemployment claims rose to 455,000 the highest since March 2002. The Dow fell, economists warned weeks of gains may not yet translate into a solid labor-market rebound. President Bush pushed tax cuts amid warnings from Greenspan on stimulus needs.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Labor Department
Wall Street
Oscar Gonzalez
John Hancock Financial Services
Boston
Bush
Ohio
Jerry Jasinowski
National Association of Manufacturers
Jasinowski