U.S. Economic News

March 5, 2021

U.S. Economic Indicators

The U.S. economy gained 379,000 jobs in February, well above consensus expectations. The unemployment rate was little changed at 6.2%, and the labor force participation rate remained at 61.4%. BLS Report

The U.S. trade deficit widened from $67.0 billion (revised) in December to $68.2 billion in January. The goods deficit rose by $1.3 billion and the services surplus rose by $0.1 billion. Census Bureau Report