Wednesday, January 7, 2015

General Economics

Market Watch | ADP shows job market continues to ‘power forward’ in December
Private-sector employers continued to add jobs at a solid pace in December, suggesting the labor market conditions remained strong, Automatic Data Processing Inc. reported Wednesday.
Market Watch | Slumping demand for oil sends U.S. trade gap to 11-month low
Credit sinking oil prices and soaring U.S. oil production for cutting the U.S. trade deficit in November to the lowest level in 11 months.
Wall Street Journal | U.S. Service-Sector PMI Slows in December
U.S. nonmanufacturers throttled back activity last month and input prices contracted for the first time in more than five years, according to data released Tuesday by the Institute for Supply Management.