2018 Economic Calendar
2024 Econoday Investor's Journal Order Now
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Central Banks   |   Today's Calendar

ADP Employment Report  
Released On 12/6/2018 8:15:00 AM For Nov, 2018
 PriorPrior RevisedConsensusConsensus RangeActual
Private Payrolls - M/M227,000 225,000 175,000 161,000  to 195,000 179,000 
US 6-Mo ChartGlobal Current
performance relative to consensus

Consensus Outlook
Econoday's consensus for ADP's private payroll estimate in November is 175,000 which would compare with 227,000 for ADP's October estimate and against 246,000 in the government's data for October.

Relative Performance Index

Econoday's RPI provides a handy summary measure of how an economy has recently been evolving relative to market expectations.
A reading above zero means that the economy in general has been performing more strongly than expected and vice versa for a reading below zero. The closer is the value to the maximum (+100) or minimum (-100) levels, the greater is the degree to which markets have been under- or over-estimating economic activity. A zero outturn would imply that, on average, the market consensus has been correct. Note too that the index is sensitized to place extra weight upon those indicators that investors consider to be the most important.

 

Definition
The national employment report from Automated Data Processing Inc. is computed from ADP payroll data and offers advance indications on the U.S. workforce. ADP's data cover more than 500,000 companies totaling more than 25 million employees. The report is produced by ADP Research Institute in collaboration with Stanford Digital Economy Lab. Why Investors Care

[locked]