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(Studio: Dan Rather) President Bush reported saying he is cautious about the economy; figures on housing starts for the month cited. Report introduced.
(New York: Ray Brady) Today's housing figures analyzed. [Housing industry analyst Lawrence HORAN - comments on figures.] Figures on single-family homes noted; expected and actual percent increases in housing starts since the recession hit its low illustrated. [Mortgage Bankers Association Warren LASKO - comments on housing, recession.] Possibility of IBM job cutbacks noted.
- Brady, Ray;
- Rather, Dan
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