This is the bomb of economic data. It covers employment levels for non-farm payrolls, and a whole bunch of other core elements that comprise the health, or lack thereof, of the economy.
It's called the ADP National Employment Report in the same way Levi's Football Stadium is called, well...Levi's. ADP is a private, automatic data processing company that works with Moody's to pull this information and send it out to the masses of PhDs in economics to digest every month.
The report comprises four elements. First is the delta in payroll, divided by business size and industry. The second focuses on progress in small business. The third analyzes the health or growth of franchises like McDonalds and Denny's. And the fourth regionalizes national economic ups and downs, focusing on eight states: California, New York, New Jersey, Florida, Illinois, Texas, Euphoria, and Depression.
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Finance: What are the Differences in S&P...27 Views
finance a la shmoop what are the differences in S&P's, and Moody's
ratings? capital letters. really that's about it the assessment of the rating
itself is about the same. the people work at both companies all came from about [grinning men walk in front of a school]
the same schools the same semi diversified backgrounds and well they
all eat the same white bread. note the nomenclature differences here though.
Moody's does in fact look kind of moody with a big fat capital letter in the
beginning followed by small letters and slightly different notations. the S&P is
all in caps all shouting all the time. the metrics behind say a quote highly [chart shown]
speculative bond unquote down here are about the same for both companies but
the slight differences are worth noting so that when you see a rating well you
know just by the way in which it's written who wrote it.
now as for actually understanding bond ratings well that's a different story. to [document shown]
most people they might as well be hieroglyphics. [confused woman reads paper]
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