The strong hiring shown in the ADP National Employment Report on Wednesday suggested there had been minimal impact on the labor market from the just-ended 35-day partial shutdown of the federal government.
Data showed contracts to buy existing homes tumbled to a more than 4-1/2-year low in December.
Data showed contracts to buy existing homes tumbled to a more than 4-1/2-year low in December.
Amid growing uncertainty over the economy’s outlook, the Federal Reserve on Wednesday kept benchmark U.S. interest rates steady and said it would be patient in lifting borrowing costs further this year.
Article: https://www.reuters.com/article/us-usa-economy/u-s-private-payrolls-rise-strongly-housing-market-struggling-idUSKCN1PO2AG
Article: https://www.reuters.com/article/us-usa-economy/u-s-private-payrolls-rise-strongly-housing-market-struggling-idUSKCN1PO2AG
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