Chart Tracker

Jobs Surge, Service Prices Soften: Fed's Next Move?

By Athena Xu

4/4, 00:22 EDT
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  • The ADP Change in Private Payrolls shows a volatile but overall positive trend in job creation, with significant spikes in early 2021 and a recent uptick in 2024, indicating continued strength in the employment sector.
  • The ISM Prices Paid Index presents a sharp decline from a peak in early 2021 to much lower levels by 2024, suggesting a weakening in service prices which could be indicative of reduced inflationary pressures.