2018 Economic Calendar
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ADP Employment Report  
Released On 1/4/2018 8:15:00 AM For Dec, 2017
PriorPrior RevisedConsensusConsensus RangeActual
ADP employment190,000 185,000 188,000 165,000  to 225,000 250,000 

Highlights
ADP sees a strong gain of 250,000 for December private payrolls. ADP's accuracy has been hit and miss of late but today's results should confirm expectations for strength in tomorrow's report where Econoday's consensus is calling for private payroll growth of 184,000 vs an outsized 221,000 in November.

Consensus Outlook
At a 190,000 estimate vs an actual 221,000, ADP did get the direction right in its November private payroll forecast, calling for a substantial decline from October's post-hurricane surge when private payrolls rose 247,000. The consensus for ADP's December call is steady strength at 188,000.

Definition
The national employment report from Automated Data Processing Inc. is computed from 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
 
 

2018 Release Schedule
Released On: 1/41/313/74/45/25/307/58/19/610/310/3112/5
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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