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, [...]
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| Dec 05 2016U.S. Labor Market Conditions Index Increases
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 05 2016
U.S. ISM Nonmanufacturing Index Strengthens
The Composite Index of Nonmanufacturing Sector Business Activity from the Institute for Supply Management (ISM) rebounded to 57.2 during November from an unrevised 54.8 in October. The latest level was the highest since October 2015, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 02 2016
U.S. Payroll Increase Improves; Jobless Rate Declines and Earnings Slip
Nonfarm payroll employment increased 178,000 (1.6% y/y) during November following revised gains of 142,000 and 208,000 in October and September. These had been reported as 161,000 and 191,000, respectively. A 177,000 rise in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 02 2016
U.S. Payroll Increase Improves; Jobless Rate Declines and Earnings Slip
Nonfarm payroll employment increased 178,000 (1.6% y/y) during November following revised gains of 142,000 and 208,000 in October and September. These had been reported as 161,000 and 191,000, respectively. A 177,000 rise in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 01 2016
U.S. Light Vehicle Sales Level Off
Total sales of light vehicles during November eased 0.8% (-2.1% y/y) to 17.87 million units (SAAR) from a downwardly revised 18.02 million units in October, revised from 18.29 million units according to Autodata. Pacing the decline [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 01 2016
U.S. Construction Activity Strengthens
The value of construction put-in-place increased 0.5% during October following little change in September, revised from -0.4%. September's figure also was revised up to 0.5%. October's reading was the highest level of activity since [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 01 2016
ISM Manufacturing Index Improves
Industrial sector activity is developing upward momentum. The ISM composite index of factory sector activity rose to 53.2 during November from an unrevised 51.9 in October. It was the highest level since June, and the eighth month [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 01 2016
Challenger Survey Layoff Announcements Decline
The outplacement firm of Challenger, Gray & Christmas reported that job cut announcements during November declined to 26,936 (-13.0% y/y) following October's fall to 30,740. It was the lowest level of job cut announcements since [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 01 2016
U.S. Initial Unemployment Insurance Claims Surge to Five-Month High
Initial claims for jobless insurance jumped to 268,000 (-2.2% y/y) during the week ended November 26 from an unrevised 251,000 in the prior week. Expectations had been for 250,000 claims in the Action Economics Forecast Survey. It was [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 30 2016
U.S. Pending Home Sales Inch Higher
The National Association of Realtors (NAR) reported that pending home sales improved 0.1% (1.8% y/y) during October following a 1.4% September increase, revised from 1.5%. These sales are reported as an index with 2001=100. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 30 2016
Chicago Purchasing Managers Index Rebounds
The Chicago Purchasing Managers Business Barometer Index increased to 57.6 during November and recouped an unrevised October decline to 50.6. The latest was the highest level since January 2015. The figure compared to expectations for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 30 2016
U.S. Personal Income Gain Strengthens and Outpaces Spending
Personal income posted a 0.6% increase (3.9% y/y) during October following 0.4% September rise, revised from 0.3%. It was the largest increase in six months. A 0.4% increase had been expected in the Action Economics Forecast Survey. [...]
by:Tom Moeller
|in:Economy in Brief
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