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If correct=fri. jobs. number will be. neutral…a wash=September ADP revised down from +135k to +93k and October ADP printed +125k (+110k exp).

Posted by Richard640 @ 8:51 on October 30, 2019  

ADP Employment Data Shows Manufacturing Jobs Disappearing

After plunging in May, ADP employment data bounced but has begun to rollover once again and while the trend appears to be weakness, thanks to downward revisions, the latest month was a modest pick up.

September ADP revised down from +135k to +93k and October ADP printed +125k (+110k exp).

Source: Bloomberg

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.