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The Complete Idiot’s Guide® To: Economic Indicators by Mark R. Rogers

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Appendix . Economic Indicators Glossary

ADP employment report

A monthly employment report privately produced by Automatic Data Processing, Inc. (ADP), a payroll and data processing company, that covers private nonfarm payrolls. The survey is based on payroll data processed by ADP, is released two days before the employment situation report, and is used by market watchers to predict government estimates of payroll jobs.

barrel

A unit of volume equal to 42 U.S. gallons; for example, a barrel of oil.

basis point

In reference to interest rates, one hundredth of a percentage point. If the yield on a Treasury bond went from 4.20 percent to 4.05 percent, you could say that the interest rate fell 15 basis points.

bear market

When the stock market is on a downward ...

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