Wednesday, January 8, 2014

It's The Economy Stupid: ADP Employment

ADP Employment came in at 238 Thousand jobs added in December, better than economists expected at 200 Thousand, and better than November’s 215 Thousand jobs added.  This is the third month in a row in which over 200 Thousand jobs were added, a good sign that the economy is improving.  In other economic news MBA Mortgage Applications increased by 2.6% in the week of January 3rd.

 

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“Volvo, Video, Velcro:  I came, I saw, I stuck around.”

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

225-342-0013

jbroussard@treasury.state.la.us

 

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