U.S. Economic News
January 8, 2020
U.S. Economic Indicators
The ADP Employment Report shows that private-sector employment increased by 202,000 jobs in December, above expectations. The services sector added 173,000 jobs, while the goods-producing sector added 29,000 jobs. ADP Report
U.S. News
The Wall Street Journal reports that the Senate Finance Committee has approved the U.S.-Mexico-Canada Agreement, which will now head to the full Senate for a vote. The new trade agreement has broad political support and is expected to pass next week, though the start of impeachment proceedings against President Trump could complicate the timing of the vote. WSJ