Jobs, factory data point to slowing economy
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits rose last week and factory activity in the nation’s Mid-Atlantic region cooled in April, further signs of a moderation in economic growth. The softening growth outlook was also underscored by another report on Thursday showing a gauge of future economic activity fell in March for the first time in seven months. They were the latest data to indicate a step-back in the economy after a brisk start to the year as tighter fiscal policy began to weigh. . . .
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