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2nd Dec 2024 18:23USDaily Monitor

  • Downward revisions to payrolls have been biggest in sectors with above-average shares of small firms.
  • ADP and JOLTS data also suggest small businesses have slowed hiring more than large corporations.
  • The manufacturing sector is showing signs of life, but major headwinds remain.

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Keywords for: 3 December 2024 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence