The labor market data are contained in Haver's USECON database. Detailed figures are in the EMPL and LABOR databases. The expectations figures are in the AS1REPNA database. Employment: (SA, M/M Change, 000s) May Apr Mar May Y/Y 2017 [...]
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| Jun 01 2018U.S. Payroll & Earnings Growth Improve; Jobless Rate Declines
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 01 2018
U.S. Light Vehicle Sales Slip
Total sales of light vehicles declined 1.5% during May (+0.7% y/y) to 16.91 million units (SAAR), following a 1.8% April decline to 17.17 million units, according to the Autodata Corporation. The decline left sales 8.9% below the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 01 2018
U.S. Payroll & Earnings Growth Improve; Jobless Rate Declines
The job market exhibited buoyancy during May. Nonfarm payrolls increased 223,000 following a 159,000 April rise and a 155,000 March increase. Together, payrolls during these two months were revised up 15,000. A 185,000 rise in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 01 2018
U.S. Payroll & Earnings Growth Improve; Jobless Rate Declines
The job market exhibited buoyancy during May. Nonfarm payrolls increased 223,000 following a 159,000 April rise and a 155,000 March increase. Together, payrolls during these two months were revised up 15,000. A 185,000 rise in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 31 2018
U.S. Pending Home Sales Decline to Three-Month Low
The National Association of Realtors (NAR) reported that pending sales of existing homes fell 1.3% (-2.1% y/y) in April to an index level of 106.4 (2001=100). It was the third month of decline and left the index at the lowest level [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 31 2018
U.S. Personal Spending Strengthens While Savings Are Reduced
Personal consumption expenditures increased 0.6% during April (4.7% y/y) following a 0.5% March rise, revised from 0.4%. It was the strongest monthly increase since November. A 0.4% rise had been expected in the Action Economics [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 30 2018
U.S. Energy Prices Increase
Retail gasoline prices rose to $2.96 per gallon last week (23.1% y/y) from $2.92 per gallon during the prior week. It was the highest price level since November 2014. Haver Analytics constructs factors adjusting for the seasonal [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 30 2018
U.S. GDP Growth Revised Down; Corporate Profits Rebound
U.S. economic growth slowed a bit more than initially estimated in Q1'18. Real gross domestic product grew at a 2.2% annual rate, revised from 2.3% estimated initially. The rise followed 2.9% growth during Q4'17. A 2.3% increase had [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 29 2018
Texas Factory Sector Index Improves Modestly
The Federal Reserve Bank of Dallas indicated in its Texas Manufacturing Outlook Survey that the General Business Activity Index improved to 26.8 during May after declining sharply in April to a five-month low, down from the February [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 29 2018
U.S. Consumer Confidence Firms as Job Market Strengthens
Consumers are taking heart from improving labor market conditions. The Conference Board Consumer Confidence Index rose to 128.0 in May (8.8% y/y) from 125.6 during April, initially reported as 128.7. The May level matched expectations [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 25 2018
U.S. Durable Goods Orders Decline; Core Capital Goods Bookings Strengthen
New orders for durable goods fell 1.7% (7.8 y/y) during April following a 2.7% March increase, revised from 2.6%. Expectations had been for a 1.2% decline in the Action Economics Forecast Survey. A 6.1% decline (+7.7% y/y) in orders [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 24 2018
U.S. Existing Home Sales Decline While Prices Rise
The National Association of Realtors reported that sales of existing homes declined 2.5% during April (-1.4% y/y) to 5.460 million units (AR) following an unrevised 1.1% March gain to 5.600 million units. It was the lowest level of [...]
by:Tom Moeller
|in:Economy in Brief
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