Inventories at the wholesale level rose 0.2% (3.0% y/y) during March following a 0.3% February gain, revised from 0.4%. Durable goods inventories strengthened 0.6% (2.5% y/y) after February's 0.2% rise. Motor vehicle stocks jumped [...]
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| May 09 2017
U.S. Wholesale Inventories Rise Moderately; Sales Hold Steady
by:Tom Moeller
|in:Economy in Brief
Global| May 09 2017
U.S. JOLTS: Job Openings and Hiring Stabilize
The Bureau of Labor Statistics reported that the total job openings rate of 3.8% during March equaled February, but remained below July's peak of 4.0%. The private-sector job openings rate held steady at 4.0%, about where it's been [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 09 2017
U.S. Small Business Optimism Remains Firm
The National Federation of Independent Business reported that its Small Business Optimism Index eased to 104.5 during April from 104.7 in March. The index remained up 11.6% from the level of 93.6 April 2016. A lessened 38% of firms [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 08 2017
FIBER: Industrial Commodity Prices Slip
The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) eased 0.6% during the last four weeks, but remained up 12.7% during the last twelve months. This follows strength during [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 08 2017
U.S. Labor Market Conditions Steadily Improve
The Labor Market Conditions Index (LMCI) from the Federal Reserve Board includes 19 indicators of labor market activity, covering the broad categories of unemployment and underemployment. These include jobs, workweeks, wages, [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 05 2017
U.S. Consumer Credit Usage Picks Up Again
Consumer credit outstanding grew $16.42 billion during March following a $13.75 billion February gain, revised from $15.2 billion. January's rise also was lessened to $9.73 billion. A $15.0 billion increase had been expected in the [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 05 2017
U.S. Payroll & Earnings Growth Improve; Unemployment Rate Declines
The job market firmed with the beginning of spring. Nonfarm payrolls rose 211,000 (1.4% y/y) during April. The rise followed a 79,000 March gain and a 232,000 February rise. These figures together were revised down by 6,000. [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 05 2017
U.S. Payroll & Earnings Growth Improve; Unemployment Rate Declines
The job market firmed with the beginning of spring. Nonfarm payrolls rose 211,000 (1.4% y/y) during April. The rise followed a 79,000 March gain and a 232,000 February rise. These figures together were revised down by 6,000. [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 04 2017
U.S. Factory Orders Strengthen
Manufacturing sector orders improved 0.2% during March following a 1.2% February gain, revised from 1.0%. Durable goods orders increased 0.9% (4.8% y/y), revised from the advance report of a 0.7% gain. Transportation sector orders [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 04 2017
U.S. Productivity Declines; Unit Labor Costs Accelerate
Growth in nonfarm output per hour during Q1'17 eased at a 0.6% annual rate (+1.1% y/y) following a 1.8% Q4 increase. No change in productivity had been expected in the Action Economics Forecast Survey. Output grew 1.0% (2.4% y/y) and [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 04 2017
U.S. Trade Deficit Is Little Changed as Exports & Imports Ease
The U.S. trade deficit in goods and services of $43.7 billion during March compared to $43.8 billion in February, initially reported as $43.6 billion. Expectations had been for a $44.7 billion deficit in the Action Economics Forecast [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 03 2017
FOMC Delays Interest Rate Action
At today's meeting of the Federal Open Market Committee, the targeted federal-funds rate was left unchanged in a range of 0.75% to 1.00%. The targeted range has been raised three times since the low of 0.12% in place from late-2008 [...]
by:Tom Moeller
|in:Economy in Brief
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