ADP August US employment +195K vs +148K expected

Author: Adam Button | Category: News

August US employment from ADP:

  • Prior was +156K (revised to +142K)
  • Service providing +184K vs +146K prior
  • Goods producing +11K vs +9K prior
That's the best reading since April. As for the details, the rise in manufacturing jobs may calm some nerves about the sub-50 ISM manufacturing number.
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