Details of the October 2015 US ADP employment data report 4 November 2015

  • Prior 200k. Revised to 190k
  • Small businesses 90k vs 37k prior
  • Medium bus 63k vs 56k prior
  • Large 29k vs 156k prior
  • Service sector 158k vs 188k prior
  • Construction 35k vs 35k prior
  • Manufacturing -2k vs -15k prior
  • Financials 9k vs 15k prior
  • Professionals 13k vs 29k prior
  • Trade & transport 35k vs 39k prior
  • Goods producing 24k vs 12k prior

The revision takes some gloss off the report but there's no shock from the headline number

USDJPY jumps around 17 pips to 121.28

Good gains for small firms. Manufacturing job weakness is no surprise given the recent trends

ADP employment report