Gummed up?
Consumer spending has led the pandemic recovery, but consumer confidence took a hit recently.
October 25, 2021


Education and health services led the slowdown.
October 27, 2026Consumer spending has led the pandemic recovery, but consumer confidence took a hit recently.
October 25, 2021
Scarcity requires people and businesses to make constant tradeoffs to get what they want.
October 18, 2021
Every now and again something distracts me from Main Street. Today, my attention is directed toward Pennsylvania Avenue in Washington, D.C.
October 11, 2021
Monthly job reports are among the most closely watched estimates of U.S. economic health.
October 4, 2021
This week, we dove into ADP payroll data, where we uncovered three worker migration trends that could have long-run implications.
September 27, 2021
It might sounds mysterious, even a bit ominous, but creative destruction has deep roots in economic research.
September 7, 2021
Last week’s gathering focused on a subject that has been laid bare by the pandemic – macroeconomic policy in an uneven economy.
August 30, 2021


Nela Richardson, Ph.D.
Chief Economist, ESG Officer, and head of ADP Research
Dr. Nela Richardson is chief economist and ESG officer for ADP Inc. She also leads the independent team at ADP Research, which provides reliable and timely data-driven discovery for use by the public, business leaders, and policymakers.