5A
AGGIEU
THE
ITION
[e battalion
ids face
market
omy would turn aroi
companies restructured,
This time, it is harder
when things will shake ott
Douglas Buchanan, dira
career services at the Uw
of Missouri-Kansas City.
“Now it's like eveiyfoi
waiting on something,’’®
said. “Everything depem
everything else."
That inability to pret
urnaround also weigh
jardner. Because ofil llf "
‘in all my (20) years
his, 1 haven't been
aessimistic.”
.S. economy hits
itfalls in February
|By Jeannine Aversa
THE ASSOCIATED PRESS
ASHINGTON — Bad
ither and prewar jitters took
bll on the economy in
iruary: New-home sales
llnged to the lowest level in
early three years and manufac-
R rs saw their demand drop.
’he pair of reports released
il the Commerce Department
1(1 Idnesday highlighted the lat-
■ batch of potholes the econo-
in August, a smvw™j s hitting.
National Association olCoM-jhe reports suggest that
md Employers showed ■ )1 . uai .y was a ver y W eak
mployers expected to l®M nt h f or ,| ie g enera i econo-
laccnt ,t -“ w s-' r graduate!*- ^ Ly nn R easer chief
pi mg. When the smve) M nonl j st at g anc 0 f America
ipdated in December,oieMjj^^ Management. “We saw
t the respondents san ■ ne g at j ve e ff ects 0 f g ac j
lather, worries about an
ending war with Iraq, an
rease in oil prices and a
. , . —line in the stock market.”
ssocmnons emplo)« :| New . home sa , es himmeted
percent to a seasonally
usted annual rate of 854,000,
l lowest level since August
0. That came on top of an
fcn steeper, 12.6 percent
line in January.
There was a huge, 36.8 per-
pt drop in the Northeast,
ich was hard hit by snow
ms during the month. That
Here is a look at new orders for
durable goods.
Seasonally adjusted
$180 billion
lanned additional cutbacks
“A lot of kids are trying
ard and still coming up ito]
aid Camille Luckenbaui
lation manager.
“Last year people werekp
te first quarter of this year ti
e a turning point, but than
appening. We keep hoping
:e a spark somewhere, in
ist haven't seen it yet.”
The average offer to crajs
ience graduates sank 111
:nt, from $51,429 in
)02 to $44,678 this Jffl
ailing salaries slipped in
igineering disciplines i
creased about I percent foil
al arts graduates.
Although the overall
cturc looks glum, graduate
lucation, health care an
cxl industry are among
lo should fare betterthani ntrol issued an alert, the Texas Department of
ea universities repotf alth has notified its regional offices and local
•aduates in computer scifiiealth departments that people with cardiovascu-
ahnology and consulting ft disease should not be vaccinated for smallpox,
eaker prospects. fthe CDC issued its warning Tuesday night.
bccinators also were told to inform those
SI :eivingthe immunization that myopericarditis
pushed sales in
the region down Durable goods
to a seasonally
adjusted annual
rate of 48,000,
the lowest since
January 1996.
Sales in the
South fell by 8.6
percent to a rate
of 395,000, and
in the Midwest
they went down
by 6.3 percent,
to a pace of
149,000. In the
West, sales were
flat — at a rate
of 262,000.
“The weath
er is a problem
and so is the
weight of uncer-
tainty on con- Departmentof ^ ommerce
sumer behav
ior,” said David Seiders, chief
economist at the National
170.2
billion
III llllllll
F MAMJ J ASONDJ
2002 2003
AP
dieted orders
for durable
goods — prod
ucts expected
to last at least
three years —
would fall as
companies put
off buying new
equipment with
war imminent.
The weak
ness in orders
to factories was
broadbased,
with losses
reported for
computers, cars
and metals.
‘‘There
does not seem
to be enough
traction in the
economy for
the manufac-
Association of Home Builders.
“I’m assuming both are quite
temporary.”
In the manufacturing report,
orders to factories for big-tick
et goods fell 1.2 percent in
February, unwinding part of
the 1.9 percent gain reported in
January.
Private economists had pre-
NEWS IN BRIEF
turing segment to sustain for
ward momentum,” said Daniel
Meckstroth, chief economist at
the Manufacturers Alliance, a
research group.
On Wall Street, Wednesday’s
economic reports offered no
comfort to investors. The Dow
Jones industrial average lost
50.35 points to close at
8,229.88.
warns against smallpox
Bccinations for heart patients
I, iUSTIN (AP) — After the Centers for Disease
an inflammation of a heart wall and sac - may be
a potential complication of the vaccination.
Federal authorities are investigating whether
there is an association between smallpox vaccina
tion and reports of heart problems in seven
health care workers who have been vaccinated.
None of the seven is from Texas.
Some 1,711 public health response team mem
bers, hospital-based medical care employees and
federal employees in Texas had been vaccinated
through March 21. Vaccinations in Texas began in
the state Feb. 13.
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*ISC Film Society’s Afifiie Cinema
Presents:
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Sinner Soon Writer Showcase
Watch as the ten local In the
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Presented by MSC Town Hall J
In the basement
9pm till 1am
Free Bowliny
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The final rounds of
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live in MSC 228 &230
semifinals begin at 8pm
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