{"id":1004106941,"date":"2014-11-06T07:08:49","date_gmt":"2014-11-06T15:08:49","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004106941"},"modified":"2022-12-04T11:47:30","modified_gmt":"2022-12-04T19:47:30","slug":"economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\/","title":{"rendered":"Economy Watch: Jobs, ISM Non-Manufacturing Index, Bankruptcy Numbers"},"content":{"rendered":"

By Dees Stribling, Contributing Editor<\/em><\/p>\n

U.S. private-sector employment increased by 230,000 jobs in October, according to the latest ADP National Employment Report, which was released on Wednesday. The report, which is derived from ADP\u2019s payroll data, measures the change in total private employment each month, and only sometimes gibes with official employment data, which will be released for October by the Bureau of Labor Statistics on Friday.<\/p>\n

Small and mid-sized private businesses did most of the hiring, reported ADP. Small businesses (fewer than 50 workers) hired a net of 102,000 people, while medium businesses (50-500 workers) added 122,000. Companies employing more than 500 workers added only a net of 5,000 jobs for the month.<\/p>\n

\u201cThe job market is steadily picking up pace,\u201d Mark Zandi, chief economist of Moody\u2019s Analytics, noted in a statement (Moody\u2019s prepares the report for ADP). \u201cJob growth is strong and broad-based across industries and company sizes. At this pace of job growth, unemployment and underemployment is quickly declining. The job market will soon be tight enough to support a meaningful acceleration in wage growth.\u201d<\/p>\n

ISM Non-Manufacturing Index Still Shows Growth<\/strong><\/p>\n

Economic activity in the American non-manufacturing sector grew in October for the 57th consecutive month, according to the latest Non-Manufacturing ISM Report On Business, which was released by the Institute for Supply Management on Wednesday. The non-manufacturing index came in at 57.1 percent in October, 1.5 percentage points lower than the September reading of 58.6 percent, but it still represents continued growth in the sector.<\/p>\n

The ISM\u2019s Non-Manufacturing Business Activity Index decreased to 60 percent, which is 2.9 percentage points lower than the September reading. The New Orders Index came in at 59.1 percent, 1.9 percentage points lower than September, while the Employment Index increased 1.1 percentage points to 59.6 percent in September.<\/p>\n

According to the organization, 16 non-manufacturing industries reported growth in October. \u201cThe majority of the respondents\u2019 comments reflect favorable business conditions; however, there is an indication that there continues to be a leveling off from the strong rate of growth of the preceding months,” ISM chair Anthony Nieves noted in the report.<\/p>\n

Bankruptcy Numbers Dropping\u00a0<\/strong><\/p>\n

Bankruptcy cases filed in federal courts for the fiscal year 2014 \u2014 the 12-month period ending Sept. 30, 2014 \u2014 totaled 963,739, down 13 percent from the 1.1 million bankruptcy filings in FY 2013, according to statistics released Wednesday by the Administrative Office of the U.S. Courts. That\u2019s the lowest number of bankruptcy filings for any 12-month period since 2007.<\/p>\n

Except (mainly) for tech stocks, Wall Street had another strong day on Wednesday. The Dow Jones Industrial Average was up 100.69 points, or 0.58 percent, while the S&P 500 advanced 0\/57 percent, both close to record nominal highs. The Nasdaq, however, saw a tiny loss of 0.06 percent.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

U.S. private-sector employment increased by 230,000 jobs in October. Economic activity in the American non-manufacturing sector grew in October for the 57th consecutive month. Bankruptcy cases filed in federal courts for the fiscal year 2014 dropped 13 percent from last fiscal year.<\/p>\n","protected":false},"author":1023,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[],"class_list":["post-1004106941","post","type-post","status-publish","format-standard","hentry","category-latest"],"acf":[],"yoast_head":"\nEconomy Watch: Jobs, ISM Non-Manufacturing Index, Bankruptcy Numbers - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economy Watch: Jobs, ISM Non-Manufacturing Index, Bankruptcy Numbers\" \/>\n<meta property=\"og:description\" content=\"U.S. private-sector employment increased by 230,000 jobs in October. Economic activity in the American non-manufacturing sector grew in October for the 57th consecutive month. Bankruptcy cases filed in federal courts for the fiscal year 2014 dropped 13 percent from last fiscal year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-11-06T15:08:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-04T19:47:30+00:00\" \/>\n<meta name=\"author\" content=\"Dees Stribling\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\\\/\"},\"author\":{\"name\":\"Dees Stribling\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/dc1e9fa4ee0430d86f8e60cd697c953c\"},\"headline\":\"Economy Watch: Jobs, ISM Non-Manufacturing Index, Bankruptcy Numbers\",\"datePublished\":\"2014-11-06T15:08:49+00:00\",\"dateModified\":\"2022-12-04T19:47:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\\\/\"},\"wordCount\":447,\"commentCount\":0,\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\\\/\",\"name\":\"Economy Watch: Jobs, ISM Non-Manufacturing Index, Bankruptcy Numbers - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"datePublished\":\"2014-11-06T15:08:49+00:00\",\"dateModified\":\"2022-12-04T19:47:30+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/dc1e9fa4ee0430d86f8e60cd697c953c\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Economy Watch: Jobs, ISM Non-Manufacturing Index, Bankruptcy Numbers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/dc1e9fa4ee0430d86f8e60cd697c953c\",\"name\":\"Dees Stribling\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g\",\"caption\":\"Dees Stribling\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/dcstribling\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Economy Watch: Jobs, ISM Non-Manufacturing Index, Bankruptcy Numbers - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\/","og_locale":"en_US","og_type":"article","og_title":"Economy Watch: Jobs, ISM Non-Manufacturing Index, Bankruptcy Numbers","og_description":"U.S. private-sector employment increased by 230,000 jobs in October. Economic activity in the American non-manufacturing sector grew in October for the 57th consecutive month. Bankruptcy cases filed in federal courts for the fiscal year 2014 dropped 13 percent from last fiscal year.","og_url":"https:\/\/www.commercialsearch.com\/news\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2014-11-06T15:08:49+00:00","article_modified_time":"2022-12-04T19:47:30+00:00","author":"Dees Stribling","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\/"},"author":{"name":"Dees Stribling","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dc1e9fa4ee0430d86f8e60cd697c953c"},"headline":"Economy Watch: Jobs, ISM Non-Manufacturing Index, Bankruptcy Numbers","datePublished":"2014-11-06T15:08:49+00:00","dateModified":"2022-12-04T19:47:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\/"},"wordCount":447,"commentCount":0,"articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\/","url":"https:\/\/www.commercialsearch.com\/news\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\/","name":"Economy Watch: Jobs, ISM Non-Manufacturing Index, Bankruptcy Numbers - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"datePublished":"2014-11-06T15:08:49+00:00","dateModified":"2022-12-04T19:47:30+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dc1e9fa4ee0430d86f8e60cd697c953c"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-jobs-ism-non-manufacturing-index-bankruptcy-numbers\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Economy Watch: Jobs, ISM Non-Manufacturing Index, Bankruptcy Numbers"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dc1e9fa4ee0430d86f8e60cd697c953c","name":"Dees Stribling","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g","caption":"Dees Stribling"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/dcstribling\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004106941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1023"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004106941"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004106941\/revisions"}],"predecessor-version":[{"id":1004628600,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004106941\/revisions\/1004628600"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004106941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004106941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004106941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}