HALISTER1: U.S. ECO PREVIEW: ADP Employment Report Due in 5 Minutes

U.S. ECO PREVIEW: ADP Employment Report Due in 5 Minutes

(Bloomberg) -- Following are forecasts for today’s ADP release as compiled by Bloomberg News.
  • ADP 188k; range 140k to 250k (42 estimates)
  • "The ADP employment report recently indicated a significant acceleration in job growth in goods producing industries; the sector’s 6-month average job growth reached the highest level in this business cycle and matched the April 2006 peak": Bloomberg Intelligence
  • In May, the ADP report registered an increase of 253,000, more than the prior month

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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