The National Federation of Independent Business reported that its Small Business Optimism Index declined 1.3 points during November to seasonally adjusted 94.8, the lowest level since June. The latest figure remained below the high of [...]
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 08 2015U.S. Small Business Optimism Index Falls to Five-Month Low
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 07 2015
U.S. Consumer Credit Increase Diminishes Following Record Gain
Consumer credit outstanding increased $16.0 billion during October after a $28.6 billion September rise, revised from $28.9 billion. Expectations were for a $20.0 billion gain in the Action Economics Forecast Survey. During the last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 07 2015
NABE Expects Moderate Real Economic Growth and Higher Price Inflation
The National Association for Business Economics forecasts 2.6% growth in U.S. real economic activity in 2016, which was little-revised from 2.7% expected in October. Expected growth of 2.4% this year also was changed from 2.5%. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 04 2015
U.S. Payrolls Rise Moderately: Unemployment Rate Stabilizes While Earnings Gains Ease
Nonfarm payrolls grew 211,000 during November following upwardly revised gains of 298,000 and 145,000 during the prior two months. The increase outpaced expectations for a 200,000 gain in the Action Economics Forecast Survey. The rise [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 04 2015
U.S. Payrolls Rise Moderately: Unemployment Rate Stabilizes While Earnings Gains Ease
Nonfarm payrolls grew 211,000 during November following upwardly revised gains of 298,000 and 145,000 during the prior two months. The increase outpaced expectations for a 200,000 gain in the Action Economics Forecast Survey. The rise [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 03 2015
U.S. Factory Sector's New and Unfilled Orders Increase
New orders in the manufacturing sector rebounded 1.5% during October (-5.7% y/y) following a 0.8% September decline, revised from -1.0%. The increase roughly matched expectations in the Action Economics Forecast Survey. It was led by [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 03 2015
Challenger Job Cut Announcements Decline Sharply
The outplacement firm of Challenger, Gray & Christmas reported that job cut announcements during November fell to 30,953 (-13.9% y/y) following the prior month's decline to 50,504. The latest level was nearly the lowest of the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 03 2015
U.S. ISM Nonmanufacturing Index Declines to 6-Month Low
Improvement in service sector business activity slowed substantially during November. The Institute for Supply Management (ISM) Composite Index of Nonmanufacturing Sector Business fell sharply to 55.9 and reversed the unrevised [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 03 2015
U.S. Initial Claims for Unemployment Insurance Rise Slightly
Initial claims for unemployment insurance increased to 269,000 (-10.7% y/y) in the week ending November 28 from an unrevised 260,000 the previous week. The Action Economics Forecast Survey expected 267,000 filings. The four-week [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 02 2015
U.S. Mortgage Loan Applications and Interest Rates Move Sideways
The Mortgage Bankers Association reported that its total Mortgage Market Volume Index was little-changed last week (20.0% y/y). Purchase applications increased 7.7% (30.2% y/y) but refinancing applications declined 6.0% (+13.1% y/y). [...]
by:Tom Moeller
|in:Economy in Brief
The ADP/Moody's National Employment Report indicated that nonfarm private sector payrolls increased 217,000 during November following a 196,000 October gain, revised from 182,000. The latest was firmer than expectations for a 190,000 [...]
by:Tom Moeller
|in:Economy in Brief
Nonfarm productivity during Q3'15 grew 2.2% at a seasonally adjusted annual rate, revised from 1.6%. The increase followed an unrevised 3.5% rise in Q2. The revised Q3 increase matched expectations in the Action Economics Forecast [...]
by:Tom Moeller
|in:Economy in Brief
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