Non-Farm Payroll Key Economic Indicator

The NFP (non-farm payroll) report is a key economic indicator for the United States.

It measures the change in the number of people employed during the previous month (excluding the farming industry).

Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity.

The short-term market moves indicate that there is a very strong correlation between the NFP data and the strength of the US dollar.

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Non-Farm Payroll Key Economic Indicator

Non-Farm Payroll Key Economic Indicator

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