Entries Categorized as 'ADP'

Weak GDP, But Strong ADP Keeps 25bp on the Table for the Fed

Date January 30, 2008

What did this morning’s US numbers tell us?
We could see a blowout number in January job growth. ADP reported that 130k new jobs were added to US payrolls last month which dovetails well into the surprisingly low level of jobless claims that we have seen in recent weeks. The four week moving average [...]