2012 Economic Calendar
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ADP Employment Report
Released On 9/6/2012 8:15:00 AM For Aug, 2012
PriorPrior RevisedConsensusConsensus RangeActual
ADP employment163,000 173,000 149,000 90,000  to 165,000 201,000 

Highlights
Seeing strength for tomorrow's employment report, ADP estimates private payrolls in August will rise 201,000. This is well above the high end of expectations at 165,000 and also well above ADP's revised level for July of 173,000. Stock futures are moving higher in immediate reaction to this report.

Recent History Of This Indicator
ADP private payroll employment rose 163,000 in July, following a revised 172,000 total for June. In comparison, the BLS figure for private nonfarm payrolls was 172,000 for July and 73,000 for June.

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
 

 

2012 Release Schedule
Released On: 1/52/13/74/45/25/317/58/19/610/311/112/5
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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