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Thursday, May 31, 2012

May. ADP Jobs Report, Q1 GDP (revised), Initial Jobless Claims -5/31/12

May. ADP Jobs Report: +133K vs. +113K prior (revised from 119K) and expectations of 154K.
 
Q1 GDP (revised): +1.9% vs. +1.9% forecast, +2.2% first estimate. Price index +2.4% vs. 1.5% forecast, +2.4% first estimate.

Initial Jobless Claims: 383K vs. 370K consensus (prior week revised to 373K from 370K). Continuing claims -36K to 3.24M

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