The Credit Writedowns Newsletter

Share this post

ADP data point to downside economic risk in US

pro.creditwritedowns.com

ADP data point to downside economic risk in US

Edward Harrison
Jan 6, 2021
5
Share this post

ADP data point to downside economic risk in US

pro.creditwritedowns.com

The numbers coming out of the US today from ADP show the negative impact that coronavirus-related economic rollbacks have had on employment. The data processing firm said the US lost 123,000 jobs in December, where expectations had been for a rise of 88,000 according to Refinitiv. This was the first private sector job loss according to ADP data since Ap…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2023 Global Macro Advisors
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing