The Census Bureau reports that new orders for manufactured durable goods orders outside of the transportation industry fell by 0.1% in January. Economists were calling for a 0.2% increase.
A monthly report on February jobs shows that nonfarm employers added 20,000 jobs during the month, down from 304,000 the prior month.
A monthly report on February jobs growth due Friday from the U.S. Labor Department is expected to show that nonfarm employers added about 181,000 jobs during the month, down from 304,000 the prior month, based on a survey by the data provider FactSet. But wages are accelerating, and the unemployment rate probably fell close to a half-century low.
The Federal Reserve's Beige Book for March showed that economic activity continues to expand in 10 of 12 Federal Reserve regions, with the exception of the Philadelphia and St. Louis regions.
Economic signs point to slower growth, not a recession, in 2019.
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