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Overall employment grew 98,000 in March, with unemployment declining to 4.5 percent.
Purchase increases company's portfolio of bearings and mechanical power transmission products.
Acquisition will enhance company's wire and cable business.
Decrease mainly the result of lower construction intentions for single-family dwellings.
New orders for manufactured durable goods up 1.8 percent.
Grainger's pricing solution, disruption and a new approach to field sales garner views in the first quarter.
Goods and services deficit up 3.2 percent year over year.
Sale will also include several smaller associated businesses.
