Harsh weather likely to skew economic data in the US again


NEW YORK: After months of subpar economic data that has been blamed at least partially on the brutal winter weather, investors may still struggle to discern the real picture of the economy this week.

The closely-watched monthly jobs report due on Friday is expected to show that employers stepped up hiring a bit in February, but there is a greater-than-unusual amount of uncertainty around forecasts given that the weather remained unseasonable.

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