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ADP payroll processing data can provide early look at Texas job growth

Author

Listed:
  • Keith R. Phillips
  • Christopher Slijk

Abstract

A monthly estimate of state job growth prepared by payroll processor ADP is a reliable advance indicator of changes in official employment data released by the Bureau of Labor Statistics. The ADP figures are useful in providing timely analysis of the Texas economy.

Suggested Citation

  • Keith R. Phillips & Christopher Slijk, 2015. "ADP payroll processing data can provide early look at Texas job growth," Southwest Economy, Federal Reserve Bank of Dallas, issue Q2, pages 10-13.
    • Handle: RePEc:fip:feddse:00044
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    Cited by:

    1. Tomaz Cajner & Leland D. Crane & Ryan A. Decker & Adrian Hamins-Puertolas & Christopher Kurz, 2019. "Improving the Accuracy of Economic Measurement with Multiple Data Sources: The Case of Payroll Employment Data," NBER Chapters, in: Big Data for Twenty-First-Century Economic Statistics, pages 147-170, National Bureau of Economic Research, Inc.
    2. Tomaz Cajner & Leland D. Crane & Ryan A. Decker & Adrian Hamins-Puertolas & Christopher J. Kurz & Tyler Radler, 2018. "Using Payroll Processor Microdata to Measure Aggregate Labor Market Activity," Finance and Economics Discussion Series 2018-005, Board of Governors of the Federal Reserve System (U.S.).

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