Nonfarm payrolls grew 144,000 last month following upwardly revised gains in both July & June which averaged 84,500 each month. Consensus expectations had been for a 150,000 job gain in August. The fall in the unemployment rate to [...]
Introducing
Tom Moeller
in:Our Authors
Prior to joining Haver Analytics in 2000, Mr. Moeller worked as the Economist at Chancellor Capital Management from 1985 to 1999. There, he developed comprehensive economic forecasts and interpreted economic data for equity and fixed income portfolio managers. Also at Chancellor, Mr. Moeller worked as an equity analyst and was responsible for researching and rating companies in the economically sensitive automobile and housing industries for investment in Chancellor’s equity portfolio. Prior to joining Chancellor, Mr. Moeller was an Economist at Citibank from 1979 to 1984. He also analyzed pricing behavior in the metals industry for the Council on Wage and Price Stability in Washington, D.C. In 1999, Mr. Moeller received the award for most accurate forecast from the Forecasters' Club of New York. From 1990 to 1992 he was President of the New York Association for Business Economists. Mr. Moeller earned an M.B.A. in Finance from Fordham University, where he graduated in 1987. He holds a Bachelor of Arts in Economics from George Washington University.

Publications by Tom Moeller
Global| Sep 03 2004U.S. Job Growth Recovered Some, Unemployment Rate Fell
by:Tom Moeller
|in:Economy in Brief
Global| Sep 03 2004ISM Nonmanufacturing Index Slipped
The Business Activity Index for the non-manufacturing sector from the Institute for Supply Management slipped to 58.2 in August from 64.9 in July. Consensus expectations had been for a more moderate decline to 63.0. Since the series' [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 03 2004U.S. Job Growth Recovered Some, Unemployment Rate Fell
Nonfarm payrolls grew 144,000 last month following upwardly revised gains in both July & June which averaged 84,500 each month. Consensus expectations had been for a 150,000 job gain in August. The fall in the unemployment rate to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 02 2004Initial Jobless Insurance Claims Again Raised Hurricane Charley
Initial claims for unemployment insurance jumped 19,000 to 362,000 last week on the heels of a 10,000 rise the week prior. Roughly half of both week's increases were due to the impact of Hurricane Charley on claims in Florida, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 02 2004Factory Inventories Up
Inventory accumulation in the factory sector is in high gear. Total inventories jumped 0.8% in July and the prior month's strong 0.7% gain was revised to 1.0%. Year to year growth of 3.9% is the strongest since early 2001. Inventory [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 02 2004U.S. Light Vehicle Sales Fell in August
Unit sales of light vehicles in August dropped 3.7% m/m to a 16.60M selling rate. Consensus expectations had been for sales of 17.0M. Lower sales of both autos and light trucks pulled the total down. Auto sales fell 4.7% and truck [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 02 2004U.S. Productivity & Unit Labor Cost Growth Revised Down, Corporate Costs Up
Non-farm labor productivity growth last quarter was revised lower to 2.5% from 2.9% estimated last month. Consensus expectations for 2.7% growth. The downward revision reflected slower output growth, now set at 3.5% (5.8% y/y) versus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 02 2004U.S. Light Vehicle Sales Fell in August
Unit sales of light vehicles in August dropped 3.7% m/m to a 16.60M selling rate. Consensus expectations had been for sales of 17.0M. Lower sales of both autos and light trucks pulled the total down. Auto sales fell 4.7% and truck [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 01 2004Mortgage Applications Down
The index of mortgage applications compiled by the Mortgage Bankers Association fell a slight 0.6% last week. For the month of August total applications are 1.6% higher versus July. Purchase applications slipped 0.1% last week and so [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 01 2004ISM Factory Index Fell About As Expected
The Purchasing Managers Composite Index (PMI), released by the Institute of Supply Management, fell to 59.0 last month. The decline from 62.0 in July was about in line with Consensus expectations for a reading of 60.0. During the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 01 2004ISM Factory Index Fell About As Expected
The Purchasing Managers Composite Index (PMI), released by the Institute of Supply Management, fell to 59.0 last month. The decline from 62.0 in July was about in line with Consensus expectations for a reading of 60.0. During the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 31 2004Chicago Purchasing Agents' Index Down
The Chicago Purchasing Managers Business Barometer for August fell hard to 57.3. The 11.4% m/m decline reversed nearly all of the 14.7% increase in July and left the index well off the May high of 68.0. Consensus expectations had been [...]
by:Tom Moeller
|in:Economy in Brief
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