Economic trends indicate there could be additional causes for concern
Employers added just 75,000 jobs during the month
Unemployment rate hit record low at 5.4%
Gain was more than double the productivity growth in Q4 2018
Exports and imports both fell 2.2%
Economists were expecting a deficit of $2.8 billion
The data don't support a pending U.S. Federal Reserve rate cut
Trump’s allies have warned about tariffs harming the U.S. economy
Economists were predicting a slight uptick for the sector
Oil prices, a lack of foreign investment and trade woes have contributed to declines