ADP data gathered before market turmoil: Macroeconomic

Wed Oct 1, 2008 9:27am EDT
 
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NEW YORK (Reuters) - The September ADP private employment data were gathered prior to market turmoil of the past two weeks, Macroeconomic Advisers's Chairman Joel Prakken told CNBC television on Wednesday.

The ADP National Employment Report was jointly developed with Macroeconomic Advisers and ADP Employers Services, a division of Automatic Data Processing Inc.

(Reporting by Richard Leong; Editing by Theodore d'Afflisio)

 

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