Industrial production was unchanged in February.  Retail sales rose 1.1% in February.  The U.S. Treasury reported a deficit of $231.7 billion in February.  The topline PPI and CPI increased 0.4% in February.  Business inventories rose 0.7% in January.  The Fed held constant its target federal funds range at 0.0%-0.25%.  Initial jobless claims declined 14,000 to 351,000 for the week ended 3/10.

• Industrial production was unexpectedly flat in February. 
• Retail sales increased 1.1% in February.  Excluding autos, sales were up 0.9%.
• The U.S. Treasury reported a deficit of $231.7 billion in February.
• The topline producer price index was up 0.4% in February.  The core PPI increased 0.2%.
• The topline consumer price index was up 0.4% in February.  The core PPI increased 0.1%.
• Business inventories rose 0.7% in January.
• The Fed held constant its target range of 0.0%-0.25% for the federal funds rate.
• Initial jobless claims declined 14,000 to a level of 351,000 for the week ended March 10^th.