Cramer: Expect In-line March Jobs Number
NEW YORK (TheStreet) -- ADP announced Wednesday that U.S. businesses added 191,000 jobs in March. TheStreet's Jim Cramer says this is a tough number to figure out because it shows a "mixed picture."
Autos have been strong, which is always a major driver for the market, but mortgage numbers are down and housing may not be a big driver. Retail, meanwhile, was slow out of the gate but got stronger. Cramer says this number could be one that gets better during the month but ends up appearing average, which he says is fine.
Cramer wants to see interest rates increase slightly to help the banks but otherwise he expects the number to be in line.
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