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Main Street Macro

ADP chief economist Dr. Nela Richardson gives her take on what’s happening in the labor market and the broader economy. 

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A large blue upward-pointing arrow on the left and a large red downward-pointing arrow on the right are formed by hundreds of small human figures standing together.

Education and health services led the slowdown.

October 27, 2026

We’ve seen a lot of good news on the economic front, yet many Main Streeters are still living with the pandemic’s destruction to their businesses, jobs and health.

April 12, 2021

Any real estate pro will tell you there are three essentials to selling a property – location, location, and location. Well, that might be changing.

April 5, 2021

There are nearly 32 million small businesses in the U.S., and these employers will power the economy’s post-pandemic job growth for two big reasons.

March 29, 2021

It's been a year since the World Health Organization declared the COVID-19 outbreak a pandemic.

March 15, 2021

If you’ve been looking for a riveting drama, here it is. Job creation popped in February, blowing through economist expectations.

March 8, 2021

Let's take a figurative field trip to Wall Street, to a specific attraction called the bond market.

March 1, 2021

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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. 

About Nela