The ADP/Moody's National Employment Report indicated that nonfarm private sector payrolls rose 200,000 (2.1% y/y) during March following a 205,000 February increase, revised from 214,000. The latest gain was firmer than expectations [...]
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| Mar 30 2016U.S. ADP Reports Hiring Growth Remains Steady
by:Tom Moeller
|in:Economy in Brief
Global| Mar 29 2016U.S. Consumer Confidence Is Stronger Than Expected
The Conference Board's Consumer Confidence Index during March increased 2.3% (-5.1% y/y) to 96.2 from 94.0 in February, revised from 92.2. The latest figure compared to an expected 93.5 in the Action Economics Forecast Survey. During [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 29 2016Texas Factory Sector Deterioration Eases
The Federal Reserve Bank of Dallas indicated that industrial activity in the state continued to deteriorate this month, but the rate of decline lessened. The measure of general business activity of -13.6 was the smallest negative [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 29 2016U.S. Gasoline & Crude Oil Prices Continue to Rise
Regular gasoline prices rose, on average, last week to $2.07 per gallon (-15.6% y/y) from $2.01 in the prior week. It was the highest price in four months, according to the U.S. Department of Energy. The price compares to a 2014 high [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 29 2016U.S. Consumer Confidence Is Stronger Than Expected
The Conference Board's Consumer Confidence Index during March increased 2.3% (-5.1% y/y) to 96.2 from 94.0 in February, revised from 92.2. The latest figure compared to an expected 93.5 in the Action Economics Forecast Survey. During [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 28 2016NABE Expects Moderate 2017 Economic Growth, but Lowers 2016 Estimate
The National Association for Business Economics projects 2.4% real economic growth in the U.S. next year following a 2.2% estimate for 2016, which was revised down from 2.6% projected in December. The gains follow a 2.4% rise in both [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 28 2016U.S. Pending Home Sales Rebound
The National Association of Realtors (NAR) reported that pending sales of single-family homes rose 3.5% in February (0.7% y/y) and recovered January's 3.0% decline, initially reported as -2.5%. The February sales volume was 1.9% below [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 28 2016U.S. Personal Spending Is Restrained As Saving Increases
Personal consumption expenditures during February increased a minimal 0.1% (3.8% y/y) for the third consecutive month. January's gain was revised from 0.5%. The latest rise matched expectations in the Action Economics Forecast Survey. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 25 2016U.S. GDP Growth Is Revised Higher; Corporate Profits Fall
Economic growth was greater than previously estimated during Q4. The revised 1.4% increase (1.9% y/y) compared to last month's estimate of 1.0% and the advance estimate of a 0.7% rise. A 1.0% gain was expected in the Action Economics [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 24 2016U.S. Durable Goods Orders Decline; Capital Goods Backpedal
New orders for durable goods declined 2.8% (-4.6% y/y) during February following a 4.2% January rise, revised from 4.9%. A 2.4% decline had been expected in the Action Economics Forecast Survey. A 6.2% drop (+7.1% y/y) in orders for [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 24 2016U.S. Durable Goods Orders Decline; Capital Goods Backpedal
New orders for durable goods declined 2.8% (-4.6% y/y) during February following a 4.2% January rise, revised from 4.9%. A 2.4% decline had been expected in the Action Economics Forecast Survey. A 6.2% drop (+7.1% y/y) in orders for [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 24 2016U.S. Initial Claims for Jobless Insurance Increase
Initial unemployment insurance claims rose to 265,000 during the week ended March 19 from 259,000 in the prior week. Expectations were for 267,000 claims in the Action Economics Forecast Survey. The four week moving average of claims [...]
by:Tom Moeller
|in:Economy in Brief
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