So it's bad news:
Initial claims for state unemployment benefits rose 27,000 to a seasonally adjusted 412,000, the Labor Department said.
Plus you have the specter of gas prices:
Energy prices, which rose 2.6 percent, accounted for nearly 90 percent of the increase in wholesale prices last month.
Energy prices rose 3.3 percent in February.Gasoline prices rose 5.7 percent after increasing 3.7 percent in February. Food prices fell 0.2 percent, the first decline since August.