U.S. Economic News
May 5, 2021
U.S. Economic Indicators
The ADP Employment Report shows that private-sector employment increased by 742,000 jobs in April, slightly below consensus expectations. The services sector gained 636,000 jobs, while the goods-producing sector gained 106,000 jobs. ADP Report
The ISM Services Index declined 1.0 point to 62.7 in April, indicating industry expansion but at a slightly slower rate than the prior month. The New Orders Index decreased 4.0 points to 63.2, while the Employment Index improved 1.6 points to 58.8. ISM Report