Daily Color: D-List Data = MBA: Mortgage Purchase Application activity increases + ADP: Private Employment increased by 187,000 in Jan

[mEDITate-OR:
misunderstand economist criticizingly other economic charts, with reason...
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Today, the mainstream media is lying to U.S. about what the ADP and the MBA data really are telling U.S.
Why they are lying might be simply stupidity. Might be they are lazy.
Might be they are being paid to feed U.S. Faux News.
Disirregardless, the first article by Jim@CR is a "MUST read" for all of U.S.
As he points out:
the ADP report really isn’t useful in predicting the BLS numbers on a month to month basis. I just use it as a “hint”.
Above/later we will show a chart that makes clear how far off the mark ADP's report really is.
They need to do much better work.
If they wish to be believable.
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Daily Color: D-List Data
http://www.calculatedriskblog.com/2011/02/daily-color-d-list-data.html
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MBA: Mortgage Purchase Application activity increases
http://www.calculatedriskblog.com/2011/02/mba-mortgage-purchase-application.html
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ADP: Private Employment increased by 187,000 in January
http://www.calculatedriskblog.com/2011/02/adp-private-employment-increased-by.html
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