2017 Economic Calendar
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ADP Employment Report  
Released On 8/30/2017 8:15:00 AM For Aug, 2017
PriorPrior RevisedConsensusConsensus RangeActual
ADP employment178,000 201,000 185,000 145,000  to 245,000 237,000 

Highlights
ADP is calling for a 237,000 rise in August private payrolls for Friday's employment report where Econoday's consensus is 179,000. ADP's predictive accuracy has been on-and-off this year with their call for July, at an initial 178,000 which is now revised to 201,000, well below the actual 205,000.

Recent History Of This Indicator
ADP, which has been wild at times this year, did call for improvement in July payrolls, just not enough. The Econoday consensus for August's ADP is 185,000 vs an actual 205,000 in July that compares with ADP's own July call for 178,000.

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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