The Bureau of Labor Statistics reported that the total job openings rate increased to 4.8% during January and matched the record high. The job openings rate is the job openings level as a percent of total employment plus the job [...]
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| Mar 15 2019U.S. JOLTS: Job Openings Remain Abundant
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 15 2019
Empire State Manufacturing Index Retreat Suggests Continued Slow Growth
Slow growth in industrial sector activity is ongoing. That's the message from the latest survey of factory sector activity in New York state. The Empire State Manufacturing Index of General Business Conditions fell to 3.7 this month [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 14 2019
U.S. New Home Sales and Prices Decline
New home sales fell 6.9% to 607,000 during January following a December increase to 652,000, revised from 621,000. It was the lowest level of sales in three months. January sales of 623,000 had been expected in the Action Economics [...]
by:Tom Moeller
|in:Economy in Brief
The Labor Department reported that import prices rose 0.6% during February (-1.3 y/y) after improving 0.1% in January, revised from a 0.5% decline. A 0.3% rise had been expected in the Action Economics Forecast Survey. These figures [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 13 2019
U.S. Construction Spending Improves As Public Sector Strengthens
The value of construction put-in-place increased 1.3% (0.3% y/y) during January following a 0.8% December decline, revised from -0.6%. November's figures were revised sharply downward. January's increase was the largest in nine [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 13 2019
U.S. Producer Prices Edge Higher With Energy Price Rise; Core Prices Firm
The headline Final Demand Producer Price Index improved 0.1% during February (1.9% y/y) following three months of slight decline. The Action Economics Forecast Survey expected a 0.2% increase. Producer prices excluding food & energy [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 12 2019
U.S. Small Business Optimism Improves Slightly
The National Federation of Independent Business (NFIB) reported that its Small Business Optimism Index increased to 101.7 during February following five consecutive months of decline. The index gained 0.5% m/m but was 5.5% lower y/y. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 12 2019
U.S. CPI Strengthens But Core Price Gain Moderates
The Consumer Price Index increased 0.2%, as expected, during February following three consecutive months of holding steady. The expectations figure is from the Action Economics Forecast Survey. The 1.5% y/y increase was the weakest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 11 2019
U.S. Business Inventories Increase As Sales Decline
Total business inventories rose 0.6% (4.9% y/y) during December after holding steady in November. Total business sales fell 1.0% (+1.9% y/y) following a 0.6% decline. The inventory-to-sales ratio increased to 1.38, its highest level [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 11 2019
U.S. Retail Sales Edge Higher
Consumers remain in a cautious mood. Total retail sales improved just 0.2% during January (+2.6% y/y) after pulling back spending by 1.6% in December, revised from -1.2%. A 0.1% uptick had been expected in the Action Economics [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 08 2019
U.S. Employment Brakes Suddenly as Wages Accelerate; Jobless Rate Declines
The job market during February was filled with contrary indications, some pertaining to the unwinding effects of the government shutdown in January, and some due to adverse weather conditions. Nonfarm payrolls increased 20,000 last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 08 2019
U.S. Employment Brakes Suddenly as Wages Accelerate; Jobless Rate Declines
The job market during February was filled with contrary indications. Nonfarm payrolls increased 20,000 last month (1.7% y/y) following a 311,000 gain, revised from 304,000. December's increase was revised up slightly to 227,000 from [...]
by:Tom Moeller
|in:Economy in Brief
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