US ADP report slightly lower than expected📊

1:27 PM 3 July 2024
  • US ADP report for June came in 150k vs 163k exp. and 152k previously 

According to ADP data, US goods-producing sector added 14k jobs, while services added 134k jobs in June. According to ADP, job growth in June was solid but not broad-based. ADP's chief economist, Nela Richardson claims that without seasonality hiring in leisure and hospitality, June would have been a downbeat month.

Źródło: xStation5Source: BLS, ADP, XTB Research

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