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November 4, 2009 - 05:56 pm
News Feed: New York
Market Updates
By falze@yahoo.com (Falze), Albany Media BiasI haven't really been motivated to do many posts on this subject lately...really, who wants to keep reading "businesses continue to shed workers and basically everything is in neutral until the Democrats stop throttling businesses"? Briefing.com points to a continuation:
Participants also digested in the early going the ADP Employment Change Report for October. The report indicated that last month private payrolls fell by 203,000, which is a bit worse than the 198,000 job losses that were widely expected. The ADP Report is a precursor to the official nonfarm payrolls report on Friday.
In other economic news, the ISM Manufacturing Index for October came in at 50.
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