The labor market remains a bright spot as hiring jumped to a post-recession high during February. Meanwhile, global demand for U.S. goods weighed on the trade deficit.
Big Job Gains, Wider Trade Deficit: What We Learned During the Week of February 29-March 4
February featured robust job creation, although the average number hours worked and average weekly earnings both declined during the month.
Slower Job Growth, Exports Decline Again: What We Learned During the Week of February 1-5
Data released last week further confirms that the U.S. economy is growing at only a modest rate.
