The Composite Index of Nonmanufacturing Sector Business from the Institute for Supply Management (ISM) increased to 54.5 during March versus an unrevised 53.4 in February. It was the highest reading in three months. Consensus [...]
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| Apr 05 2016U.S. ISM Nonmanufacturing Index and Prices Improve
by:Tom Moeller
|in:Economy in Brief
Global| Apr 05 2016U.S. Trade Deficit Widens to Six-Month High
The U.S. foreign trade deficit increased to $47.1 billion during February from $45.9 billion in January, revised from $45.7 billion. It was the deepest trade deficit since August. A deficit of $46.2 billion was expected in the Action [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 04 2016U.S. Factory Sector Activity Deteriorates
New orders in the manufacturing sector declined 1.7% during February (+0.1% y/y) and reversed the prior month's 1.2% increase. The decline reflected a little-revised 3.0% drop in durable goods orders. These orders were pulled lower by [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 04 2016U.S. Labor Market Conditions Index Shows Scant Improvement
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, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 01 2016U.S. Light Vehicle Sales Decline Sharply
Total sales of light vehicles during March fell 5.5% from February, the fourth decline in five months. At 16.57 million units (SAAR), sales were at the lowest level in thirteen months. Auto sales declined 6.4% to 6.91 million units [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 01 2016U.S. Construction Activity Eases
The value of construction put-in-place fell 0.5% during February following a 2.1% rise in January, revised from 1.5%. A 0.1% increase was expected in the Action Economics Forecast Survey. During the last three months, activity grew an [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 01 2016U.S. Payrolls Show Further Improvement; Unemployment Rate Nudges Higher
The job market remained firm during March. Nonfarm payrolls increased 215,000 (2.0% y/y) following a 245,000 February increase, earlier reported a 242,000. A 200,000 increase had been expected in the Action Economics Forecast Survey. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 01 2016U.S. Payrolls Show Further Improvement; Unemployment Rate Nudges Higher
The job market remained firm during March. Nonfarm payrolls increased 215,000 (2.0% y/y) following a 245,000 February increase, earlier reported a 242,000. A 200,000 increase had been expected in the Action Economics Forecast Survey. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 31 2016Chicago Purchasing Managers Index Strengthens in March
Chicago purchasing managers reported that their March Business Barometer Index jumped to 53.6, after declining to 47.6 in February. The latest reading beat expectations for a smaller rise to 49.4 in the Action Economics Forecast [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 31 2016Challenger Job Cut Announcements Decline While Hiring Jumps
The outplacement firm of Challenger, Gray & Christmas reported that job cut announcements during March fell to 48,207 (+31.7% y/y) following the prior month's unrevised decline to 61,599. The latest was the lowest level in three [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 31 2016U.S. Initial Unemployment Insurance Claims Rise Again
Initial claims for unemployment insurance increased to 276,000 during the week ended March 26 from an unrevised 265,000 in the prior week. It was the highest level in eight weeks. Expectations were for 266,000 claims in the Action [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 30 2016U.S. Mortgage Loan Applications Continue to Decline
The Mortgage Bankers Association reported that its total Mortgage Market Volume Index declined 1.0% last week (+0.8% y/y), following two weeks of 3.3% decline. Refinancing applications dropped 3.3% (-11.2% y/y), the sixth consecutive [...]
by:Tom Moeller
|in:Economy in Brief
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