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GS Raise Already Above Consensus Payrolls Call Post ADP

US OUTLOOK/OPINION
  • GS have boosted their nonfarm payroll growth forecast by 25k to 250k for Friday’s release, post-ADP and consistent with evidence from other Big Data sources.
  • The call is further above consensus of 180k and with only 2 of 70 analysts higher in the Bloomberg survey.

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