Daily Archives: Nov 1, 2017 at 09:48 am EST

ADP: US Hiring Bounces Back In October

Companies added a sharply higher number of workers in October, according to this morning’s ADP Employment Report. Private employment increased by a strong 235,000, the biggest monthly advance since May. More importantly, the one-year change accelerated to the fastest pace in more than a year – a sign that the near-term outlook for the labor market and the economy remains upbeat.
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Macro Briefing: 1 November 2017

Terror attack with truck in New York kills eight: NY Times
Japan’s Abe re-elected as prime minister: Nikkei
Federal Reserve expected to keep rates steady today: Reuters
House Republicans delay release of tax reform legislation: Politico
US Consumer Confidence Index in Oct rises to 17-year high: Bloomberg
US employment costs rise at faster rate in Q3: US Labor Dept
House prices in US up sharply in Aug despite slower sales: USA Today
Chicago PMI rises to six-year high in Oct: ISM Chicago
Eurozone GDP growth beats expectations in Q3: RTT