The Labor Market Conditions Index 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, vacancies, [...]
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| Oct 11 2016
U.S. Labor Market Conditions Index Remains Negative
by:Tom Moeller
|in:Economy in Brief
Global| Oct 11 2016
U.S. Small Business Optimism Dips Again
The National Federation of Independent Business reported that its Small Business Optimism Index eased 0.3% during September to 94.1 following an unrevised 0.2% August dip. Optimism remained down 6.2% versus its peak in December 2014. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 07 2016
U.S. Consumer Credit Usage Strengthens
Consumer credit outstanding increased $25.9 billion (6.8% y/y) during August following a $17.8 billion July improvement, revised from $17.7 billion. It was the strongest rise since September 2015, and one of the firmest of the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 07 2016
U.S. Wholesale Inventories Decline; Sales Jump
Inventories at the wholesale level fell 0.2% (-0.1% y/y) during August after a 0.1% easing in July, revised from no change. The advance report had indicated a 0.1% August dip. Inventories of durable goods rose 0.2% (-1.9% y/y) after a [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 07 2016
U.S. Payroll Increase Eases; Unemployment Rate Ticks Higher
The job market is settling onto a path of moderate improvement. Nonfarm payroll employment increased 156,000 (1.7% y/y) during September following revised gains of 167,000 and 252,000 during the prior two months. These where reported [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 07 2016
U.S. Payroll Increase Eases; Unemployment Rate Ticks Higher
The job market is settling onto a path of moderate improvement. Nonfarm payroll employment increased 156,000 (1.7% y/y) during September following revised gains of 167,000 and 252,000 during the prior two months. These where reported [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 06 2016
Challenger Survey Layoff Announcements Increase
The outplacement firm of Challenger, Gray & Christmas reported that job cut announcements during September rose to 44,324 (-24.7% y/y) and made up most of the August decline to 32,188. Layoffs rose in the aerospace/defense, chemical, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 06 2016
U.S. Initial Unemployment Insurance Claims Near 1973 Low
Initial claims for unemployment insurance declined to 249,000 (-6.7% y/y) during the week ended October 1 from an unrevised 254,000 in the prior week. The four-week moving average of claims fell to 253,500, the lowest level since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 05 2016
U.S. Factory Orders Rise; Shipments Steady
Manufacturing sector orders improved 0.2% (-1.6% y/y) during August following a 1.4% increase, revised from 1.9%. The rise reflected a 0.1% improvement (-1.1% y/y) in orders for durable goods, which was unrevised from the advance [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 05 2016
U.S. ISM Nonmanufacturing Index Strengthens
The Composite Index of Nonmanufacturing Sector Business Activity from the Institute for Supply Management (ISM) improved to 57.1 in September from an unrevised 51.4 in August. It was the highest level since October 2015. Expectations [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 05 2016
U.S. Trade Deficit Widens
The U.S. trade deficit in goods and services increased to $40.7 billion during August from an unrevised $39.5 billion in July. The Action Economics Forecast Survey expected a $40.0 billion deficit. Overall exports increased 0.8% (0.7% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 05 2016
U.S. ADP Private Payroll Gains Ease
The ADP/Moody's National Employment Report indicated a 154,000 rise (1.9% y/y) in nonfarm private payrolls during September following a 175,000 August gain, revised from 177,000. It was the smallest rise since April. So far this year, [...]
by:Tom Moeller
|in:Economy in Brief
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