Latest Updates: Related to Inflation

Persistent Labor Challenges to Test Fed Resolve


This morning, the ADP employment change report showed just +374k jobs added to company payrolls in August, well short of the +625k median forecast. This marks the second straight disappointing ADP report after +326k jobs were added in July. There is very little monthly correlation between the second tier ADP count and the widely-anticipated Bureau of Labor Statistics payroll report, which is scheduled for release on Friday morning. However, with the Fed hyper-focused on jobs, this morning’s report takes on added significance.


Read the full article

Read more Economic Commentary

Learn More From HilltopSecurities

Economic News Scraps from a Light Week

Retail Sales Cool, Producers Prices Boil

Thank you for visiting the HilltopSecurities website.
For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.