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Tough times
Posted: Thursday, August 01, 2002
WASHINGTON (AP)-- Manufacturing grew more slowly, construction spending fell to its lowest level in almost two years and new claims for jobless benefits went up, signs that the economy's road to recovery is hitting a rough patch.
The latest batch of economic reports released Thursday underscored the difficulties facing companies and workers amid an uneven recovery. And, they raised new questions about where the economy is heading.