U.S. ADP reported private payrolls rose 139k in February U.S. ADP reported private payrolls rose 139k in February after a downwardly revised 127k gain in January (was 175k). The goods producing sector added 19k workers. The service sector added 120k. Construction jobs rose a surprising 14k. Manufacturing employment rose 1k. Financial activity jobs fell 2k. Professional/business employment gained 33k. Trade/transportation was up 31k. Headline data are still on the soft side, though weather likely played a part.
Bloomberg Government to hold a webinar Bloomberg Government's Research Director Litan and Director of Legislative Analysis Duggan, along with several analysts discuss President Obama's 2015 budget and what it says about his priorities in defense, healthcare, energy and other issues of significance to businesses in a webinar on March 5 at 2 pm. Webcast Link
San Francisco Federal Reserve Bank President speaks on the economy San Francisco Federal Reserve Bank President Williams speaks on the economic outlook at the Albers School of Business & Economics in Seattle, Washington on March 5 at 8:30 pm.