Summary
NEW YORK -- The number of new people signing up for jobless benefits last week fell sharply, indicating that the U.S. economy is still chugging along. But a closely watched gauge of future economic activity declined in March, suggesting potential trouble ahead.
Such mixed economic signals have led to predictions that the economy, which appeared to bounce back strongly in the first quarter from its lackluster October to December performance, could lose some steam as the year progresses.See the full content of this document
Extract
Economy Chugging Along for Now
The Labor Department reported Thursday that new applications filed for unemployment insuranc...
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