The National Federation of Independent Business (NFIB) reported that its Small Business Optimism Index fell to 103.3 during June and reversed the May gain. The decline followed four straight months of increase. The index fell 1.6% [...]
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| Jul 09 2019U.S. Small Business Optimism Declines
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 08 2019
U.S. Consumer Credit Growth Remains Strong
Consumer credit outstanding increased $17.10 billion during May (5.2% y/y) following a $17.50 billion April rise, revised from $17.49 billion. These gains were the strongest since the end of last year. A $16.0 billion increase had [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 08 2019
FIBER: Industrial Commodity Prices Are Mixed
The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) was little changed during the last four weeks. It declined, however, by 4.6% during the last three months as activity in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 05 2019
U.S. Payroll Increase Unexpectedly Strengthens; Earnings Growth Slips
Job growth rebounded during June. Nonfarm payrolls increased 224,000 (1.5% y/y) last month following a 72,000 May rise, revised from 75,000. So far this year, payrolls have risen an average 172,000 per month after a 223,000 monthly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 05 2019
U.S. Payroll Increase Unexpectedly Strengthens; Earnings Growth Slips
Job growth rebounded during June. Nonfarm payrolls increased 224,000 (1.5% y/y) last month following a 72,000 May rise, revised from 75,000. So far this year, payrolls have risen an average 172,000 per month after a 223,000 monthly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 02 2019
U.S. Gasoline & Oil Prices Rise
U.S. retail gasoline prices increased for the first time in eight weeks, rising to $2.71 (-4.6% y/y) per gallon during the week ended July 1. Haver Analytics calculates factors that adjust for the seasonal variation in gasoline pump [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 01 2019
U.S. Construction Spending Declines; Public Sector Building Trends Higher
The value of construction put-in-place declined 0.8% (-1.5% y/y) during May following a 0.4% April gain, revised from unchanged. A 0.2% rise had been expected in the Action Economics Forecast Survey. Construction in the private sector [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 01 2019
ISM Manufacturing and Prices Indexes Falter
Factory sector activity remains under pressure. The ISM manufacturing index declined to 51.7 during June from 52.1 in May. It remained the lowest level since October 2016 and was below the expansion peak of 60.8 last August. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 28 2019
U.S. Personal Income Growth Remains Firm, Encouraging Spending
Personal income increased 0.5% (4.1% y/y) during May following an unrevised 0.5% April gain. A 0.3% rise had been expected in the Action Economics Forecast Survey. These monthly increases were the strongest since December. Wages & [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 27 2019
U.S. GDP Growth Is Unrevised; Corporate Profits Weaken
Economic growth maintained a moderate pace early this year. Gross domestic product, adjusted for price inflation, increased an unrevised 3.1% during Q1'19. The 3.2% y/y growth rate remained the strongest increase since Q2'15. The rise [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 26 2019
U.S. Durable Goods Orders Increase; Core Capital Goods Orders Improve
Activity in the manufacturing sector improved during May. New orders for durable goods increased 1.3% (-2.8% y/y) following a 2.8% April decline, revised from -2.1%. A 0.1% easing in May orders had been expected in the Action [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 26 2019
Texas Service Sector Business Conditions Improve
The Federal Reserve Bank of Dallas reported in its Texas Service Sector Outlook Survey that the General Business Activity Index rose to 3.2 during June from -0.3 in May. It remained below the 25.7 peak in September of last year. The [...]
by:Tom Moeller
|in:Economy in Brief
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