Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The typical/expected impact on USD pairs is high.
There is no forecast value for ADP Employment Change yet - check back for updates.
The most recent announced value for ADP Employment Change was 42K against a forecast of 25K.
Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next ADP Employment Change result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Factory Orders (MoM) | Bullish change | -1.3% | 1.4% | ||
| Initial Jobless Claims | Bearish change | 219K | 232K | ||
| ADP Employment Change 4-week average | Bullish change | -11.25K | -2.5K | ||
| Construction Spending (MoM) | (no change) | 0.2% | 0.2% | ||
| NY Empire State Manufacturing Index | Bullish change | 10.7 | 18.7 | ||
| ADP Employment Change 4-week average | Bearish change | 14.25K | -11.25K | ||
| Michigan Consumer Expectations Index | Bearish change | 50.3 | 49 | ||
| Michigan Consumer Sentiment Index | Bearish change | 53.6 | 50.3 | ||
| UoM 1-year Consumer Inflation Expectations | Bullish change | 4.6% | 4.7% | ||
| UoM 5-year Consumer Inflation Expectation | Bearish change | 3.9% | 3.6% | ||
| Challenger Job Cuts | Bullish change | 54.064K | 153.074K |
| Country: | United States |
|---|---|
| Currency: | USD |
| Source: | ADP Research Institute |
| Category: | Labor Market |
| Frequency: | Monthly |