ADP Estimates Nonfarm Payroll Growth at +163,0000; Why I’ll Take the Under (Way Under)

Here are a few snips from the Dallas Fed Manufacturing Survey . Texas factory activity continued to increase in July, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, fell from 15.5 to 12, suggesting slightly slower output growth.

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ADP Estimates Nonfarm Payroll Growth at +163,0000; Why I’ll Take the Under (Way Under)