U.S. economy shrank 0.3% in the first quarter

[pdq]

Missed this:

On the economic front Wednesday, ADP's employment report showed that private payrolls rose just 62,000 in April, below the Econoday estimate for 125,000 and down from March's 155,000 reading.

Frankly, the ADP report correlates poorly with the fed numbers, at least over the short term. But the indicators are almost all pointing down.

BLS numbers out Friday, IIRC.