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.
“Volvo, Video, Velcro: I came, I saw, I stuck around.”
Assistant State Treasurer
Chief Investment Officer
State of Louisiana
Department of the Treasury