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Thursday, November 21, 2024
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Governments Influence On Markets

A Puzzle: Personal NFP and the Preliminary Benchmark vs. Present Official [updated]

Diana McGrath -
The puzzle stays: regardless of an under-consensus 99K addition to non-public ADP-Stanford NFP (far beneath consensus 144K). ADP cumulative change above CES cumulative...
Governments Influence On Markets

Extra on the Preliminary Benchmark in Context

Diana McGrath -
Recall the preliminary benchmark deducted 818K from the March NFP studying. Determine 1: Stage of nonfarm payroll employment from CES (blue), implied from CES preliminary...
Governments Influence On Markets

A Puzzle: Non-public NFP and the Preliminary Benchmark vs. Present Official

Diana McGrath -
The ADP survey cumulative enhance in non-public NFP since 2023M03 is 3.1mn, extra than the two.8mn reported within the present official CES sequence. In...

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