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ADP Employment Survey Says June Worse than May

by devteam July 1st, 2009

Let’s all hope the ADP employment figures are wrong, because the news isn’t good. The ADP survey reported that 473,000 private jobs were lost in June, a much greater loss than the median forecast of -360k. “This is considerably worse

Mortgage Applications Nosedive in Late June

by devteam July 1st, 2009

Demand for mortgage loans simply plummeted in the final week of June, even as mortgage rates once again moderated, according to a weekly industry index. The Mortgage Bankers Association said loan applications fell 18.9% in the week ending June 26. The

Markets Optimistic Ahead of Big Day

by devteam July 1st, 2009

The first trading session of the third quarter is a heavy one for markets. Just one day ahead of the June employment figures, markets will get the closely watched ISM Manufacturing Index, the Pending Home Sales Index, the ADP private employment report

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