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Consulting economist Vince Malanga reacts to the report.

The U.S. jobs report released this morning will not impact what the Federal Reserve has in store for U.S. interest rates. As the Wall Street Journal noted, the report is “mostly just weather-related noise.”

Lawmakers are on recess while trips abroad and North Korea capture Washington’s attention. Meanwhile, the IMF and World Bank hold their spring meetings in Washington.

Consultant economist Dr. Vince Malanga of LaSalle Economics, Inc. sees signs the worse is behind in terms of productivity growth.

The spend-happy Hollywood types have poured money into a special election today in Georgia to replace former Rep. Tom Price (R-Ga.) who was picked by President Donald Trump to head up Health and Human Services (HHS).

The Renewable Fuel Association says the data shows that the 10% blend wall is “not a real constraint on ethanol consumption in the United States.”

Says U.S. economic activity from mid-February to the end of March was split between modest and moderate.

The past week’s summit between U.S. President Donald Trump and Chinese President Xi Jinping yields initial wins for U.S. beef and financial product trade, but no North Korea agreement.

Congress is on a two-week recess but has a lot of unfinished work when they return, including the Senate voting on USDA Secretary-nominee Sonny Perdue.

Fed leader Yellen testifies before Congress; President Trump is in France. House action on FY 2018 spending bills, including agriculture and immigration enforcement funding. Health-care reform still a Senate focus.