Economic indicators

January wholesale inventories saw a 0.8% rise, while wholesale sales saw a 1.1% decrease.

U.S. employers added the most workers since mid-2016 as labor-force participation swelled.

Initial claims U.S. state unemployment benefits rose by 21,000 to 231,000 in the March 3 week.

Consumer credit increased by $19.9 billion in January to $3.855 trillion, the Federal Reserve reported Wednesday.

A tight U.S. labor market was helping lift wages across most of the country through late February and contributing to “moderate inflation” in most areas, a Federal Reserve survey showed.

About 4,717,600 online job postings appeared on leading internet job boards in February, a decrease of 185,700 from January, the Conference Board reported Wednesday.

Fourth quarter nonfarm productivity was revised up slightly to a flat reading, but more importantly unit labor costs growth was revised solidly higher to a 2.5% pace.

The U.S. international trade gap widened to $56.6 billion in January.

Private-sector employment increased by 235,000 in February, on a seasonally adjusted basis, ADP estimated Wednesday.

The value of new factory orders in January saw a 1.4% decline, slightly lower than the 1.3% decrease expected.

The U.S. services sector expanded at a slower pace in February as the non-manufacturing index fell to 59.5 from 59.9 in January.

The University of Michigan's final February consumer sentiment index reading was 99.7, compared to the preliminary February 99.9 and the final January 95.7, according to market sources.

The New York economy is expanding, but February’s pace was much slower than January’s.

Construction spending was flat in January, falling short of the expected 0.3% gain.

According to the ISM's monthly report on business, the ISM index increased to 60.8 in February from 59.1 in January.

Initial claims U.S. state unemployment benefits fell by 10,000 to 210,000 in the February 24 holiday week.

Personal income rose 0.4% in January, while nominal PCE was up 0.2% and the core PCE price index rose 0.3% in the month.

Pending home sales plunged 4.7% to an index reading of 104.6 in January, from a downwardly revised 109.8 in December.

The Chicago Business Barometer declined to 61.9 in February from 65.7 in January.

Fourth quarter GDP growth was revised down slightly to a 2.5% annual rate from the 2.6% pace in the advance estimate.