Job growth resumed last month in Canada, according to the latest Labor Force Survey, reported today. After slim decreases in July and August, employment posted a 0.3% increase in September. The unemployment rate held steady at 8.0%, [...]
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| Oct 10 2003Canada Sees Job Increase in September
by:Tom Moeller
|in:Economy in Brief
Global| Oct 10 2003Producer Prices Up Due To Food Price Surge
Finished producer prices rose a surprising 0.3% in September. The gain was versus Consensus expectations for a 0.1% uptick. Core producer prices matched expectations for a 0.1% rise. A 1.2% (6.7% y/y) jump in food prices accounted for [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 09 2003Initial Claims For Jobless Insurance Down
Initial claims for jobless insurance fell 23,000 to 382,000 last week. The gain reversed a 19,000 rise the prior week which was revised slightly upward from the initial report. Consensus expectations had been for claims of 395,000. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 08 2003Despite Higher Rates Mortgage Applications Rose
The index of mortgage applications compiled by the Mortgage Bankers Association rose 15.6% last week to the highest level since early August. The rise came despite a slight increase in interest rates. Interest rates on a conventional [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 07 2003September Chain Store Sales Down Despite Last Week's Surge
Chain store sales surged 1.3% last week and recovered much of the 2.5% decline during the prior three weeks, according to the BTM-UBSW survey. Despite the late-month recovery, sales for the full month of September fell 0.7% versus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 06 2003ECRI Weekly Leading Indicators Signal Above-Trend Economic Growth
The Weekly Leading Index of the US economy published by the Economic Cycle Research Institute (ECRI) slipped in the last full week of September. Despite the dip, the six-month growth rate of the weekly leading index remained strong at [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 03 2003U.S. Nonfarm Payrolls Rose
Nonfarm payrolls rose unexpectedly by 57,000 (0.04%) in September. It was the first m/m gain in payrolls since January. The previously reported sharp drop in August payrolls was more than halved to 41,000 but July's decline was [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 02 2003Initial Jobless Insurance Claims Rose
Initial claims for jobless insurance rose 13,000 to 399,000 last week. The gain mostly reversed a 15,000 decline the prior week which was revised shallower from the initial report. Consensus expectations had been for claims of [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 01 2003ISM Factory Index Down Just A Bit, Orders Rose
The Purchasing Managers Composite Index (PMI) released by the Institute of Supply Management fell in September to 53.7 from 54.7 in August. Before yesterday's release of the weak Chicago PMI report, Consensus expectations were for a [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 30 2003Weekly Chain Store Sales Fell Again
Chain store sales fell 0.4% last week. It was the third consecutive weekly decline according to the BTM-UBSW survey. The decline in sales followed a huge 1.8% slide the prior week as Hurricane Isabel struck. It pulled the level of [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 29 2003U.S. After Tax Income Surged Again
Personal disposable income surged for a second month in August. The 0.9% (5.7% y/y) jump followed a 1.5% gain in July, both spurred by lower personal tax payments. Wages and salaries rose just 0.1% following no change in July. That [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 26 20032Q U.S. GDP Growth Revised Up Again. Profit Surge Lessened But Nonfinancial Profits Raised
US economic growth was revised up slightly to 3.3% for 2Q03 from 3.1% reported last month and from 2.4% estimated in July. The upward revision beat Consensus expectations for 3.1% growth. Revisions were mostly technical and were the [...]
by:Tom Moeller
|in:Economy in Brief
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