Challenger, Gray & Christmas reported that announced job cuts rose 8.1% to 69,572 last month. The gain followed a 12.3% m/m slide in June. The three month moving average of job cut announcements slipped further to the lowest level [...]
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| Aug 03 2004Challenger Layoffs Up A Bit
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 03 2004
U.S. Personal Income Growth Slowed
Personal income grew an expected 0.2% last month. The slim gain followed growth of 0.6% in the prior two months. Wages & salaries fell slightly (+4.8% y/y) following several months of strong gain. The decline reflected weakness across [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 03 2004
U.S. Personal Income Growth Slowed
Personal income grew an expected 0.2% last month. The slim gain followed growth of 0.6% in the prior two months. Wages & salaries fell slightly (+4.8% y/y) following several months of strong gain. The decline reflected weakness across [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 02 2004
U.S. Construction Spending Dipped
The total value of construction put in place dipped 0.3% in June following a modest 0.1% May uptick. No change in June spending had been the Consensus expectation. Private residential building activity fell 0.4% after a mild 0.3% rise [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 02 2004
ISM Factory Index Recovered in July
The Purchasing Managers Composite Index (PMI) for July, released by the Institute of Supply Management, rose to 62.0. The figure recovered most of the prior month's decline to 61.1 from 62.8 in May and matched Consensus expectations [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 02 2004
ISM Factory Index Recovered in July
The Purchasing Managers Composite Index (PMI) for July, released by the Institute of Supply Management, rose to 62.0. The figure recovered most of the prior month's decline to 61.1 from 62.8 in May and matched Consensus expectations [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 30 2004
Help-Wanted Advertising Still Stalled
The Conference Boards National Index of Help-Wanted Advertising remained stalled last month. At 38 the figure was off slightly from 39 in May and about where it's been for over a year. During the last ten years there has been a 91% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 30 2004
U.S. Consumer Sentiment Up
The University of Michigans consumer sentiment index for July improved to 96.7 versus the mid-month read of 96.0 and from95.6 in June. Consensus expectations had been for 96.0. During the last ten years there has been a 75% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 30 2004
Chicago Purchasing Agents' Index Recovered
The July Chicago Purchasing Managers Business Barometer recovered most of its June decline with an 8.3 point rise to 64.7. Consensus expectations had been for a lesser rise to 60.0. During the last ten years there has been a 74% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 30 2004
2Q GDP Growth Slowed, Inflation Up
US real GDP growth in 2Q slowed sharply to 3.0% from the upwardly revised estimate of 4.5% growth 1Q. Consensus estimates had been for 3.7% growth last quarter. Figures back to 1Q 2001 were revised. Price inflation at 3.2% was [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 30 2004
2Q GDP Growth Slowed, Inflation Up
US real GDP growth in 2Q slowed sharply to 3.0% from the upwardly revised estimate of 4.5% growth 1Q. Consensus estimates had been for 3.7% growth last quarter. Figures back to 1Q 2001 were revised. Price inflation at 3.2% was [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 29 2004
Initial Unemployment Insurance Claims Tick Up
Initial claims for jobless insurance unexpectedly rose 4,000 to 345,000 following a 9,000 worker decline the prior week that was revised shallower from the initial report. The revision pulled initial claims in the July survey period [...]
by:Tom Moeller
|in:Economy in Brief
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