2017 Economic Calendar
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United States : ADP Employment Report  
Released On 8/2/2017 8:15:00 AM For Jul, 2017
PriorPrior RevisedConsensusConsensus RangeActual
ADP employment158,000 191,000 173,000 151,000  to 195,000 178,000 

Highlights
ADP sees the private payroll reading in Friday's employment report coming in at 178,000. But ADP has been wild lately, evident in its sharp 33,000 upward revision to June which is now at 191,000. Econoday expectations are calling for 175,000 in private payroll growth in Friday's report and 178,000 in total nonfarm payroll growth.

Recent History Of This Indicator
ADP is on a losing streak and isn't likely to move markets no matter what its July estimate is. The Econoday consensus for July's ADP is 173,000 which matches the consensus for private payrolls in the employment report.

Definition
The ADP national employment report is computed from a subset of ADP records that represent approximately 400,000 U.S. business clients and approximately 23 million U.S. employees working in all private industrial sectors. ADP contracted with Moody’s Analytics to compute a monthly report that would ultimately help to predict monthly nonfarm payrolls from the Bureau of Labor Statistic's employment situation. The ADP report only covers private (excluding government) payrolls.  Why Investors Care
 
[Chart]
The new ADP employment report is aimed at improving payroll forecasts by providing information in advance of the employment report.
Data Source: Haver Analytics
 
 

2017 Release Schedule
Released On: 1/52/13/84/55/36/17/68/28/3010/411/112/6
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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