2018 Economic Calendar
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ADP Employment Report  
Released On 4/4/2018 8:15:00 AM For Mar, 2018
PriorPrior RevisedConsensusConsensus RangeActual
ADP employment235,000 246,000 185,000 110,000  to 225,000 241,000 

Highlights
ADP sees no let up for strength in the monthly employment report, calling for a 241,000 gain in March's private payrolls. This is the third straight outsized result for ADP and is far above Econoday's consensus for a 175,000 gain in the comparable government measure. The employment report has proven strong to robust over the last five reports, and if March makes for a sixth straight strong result then ADP may start getting new believers in its accuracy.

Consensus Outlook
Employment reports have proven to be strong and strong has been the recent calls from ADP. But the consensus for March's ADP estimate is looking for slowing, to 185,000 vs 235,000 and 234,000 for ADP in February and January.

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
 
 

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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