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| Jan 11 2016U.S. Labor Market Conditions Index Improves Modestly
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 11 2016
U.S. ISM Factory Index Continues To Fall; Prices Decline Sharply
The Institute for Supply Management reported that it's Composite Index of factory sector activity declined for a second consecutive month. At 48.2 during December, the figure was down from an unrevised November reading of 48.6. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 11 2016
U.S. Wholesale Inventories and Sales Decline
Inventories at the wholesale level fell 0.3% during November, the same as in October. The decline reflected a 0.9% fall in durable goods due to a 3.0% drop in metal & minerals (excl. petroleum -13.3% y/y). Electrical goods inventories [...]
by:Tom Moeller
|in:Economy in Brief
Nonfarm payrolls increased by a firm 292,000 during December following upwardly revised gains in the prior two months. Expectations had been for a 194,000 rise in the Action Economic Forecast Survey. The gain was powered by strength [...]
by:Tom Moeller
|in:Economy in Brief
Nonfarm payrolls increased by a firm 292,000 during December following upwardly revised gains in the prior two months. Expectations had been for a 194,000 rise in the Action Economic Forecast Survey. The gain was powered by strength [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 07 2016
Challenger Job Cut Announcements Decline to 2000 Low; Hires Rise
The outplacement firm of Challenger, Gray & Christmas reported that job cut announcements during December fell to 23,622 (-27.6% y/y) following the prior month's decline to 30,953. The latest was the lowest since 2000. Layoffs fell in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 07 2016
U.S. Initial Claims for Jobless Fell Last Week, Nearing 15-Year Low
Initial claims for unemployment insurance rose to 277,000 (-7.8%y/y) in the week ended January 2 from an unrevised 287,000 the previous week. Consensus expectations in the Action Economics Forecast Survey looked for 275,000 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 06 2016
U.S. Factory Sector's New Orders Backpedal
New orders in the manufacturing sector fell 0.2% during November (-3.5% y/y) following a 1.3% October increase, revised from 1.5%. The decline compared to expectations for a 0.1% increase in the Action Economics Forecast Survey. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 06 2016
U.S. ISM Nonmanufacturing Index Eases Further; Prices Fall
The Composite Index of Nonmanufacturing Sector Business, from the Institute for Supply Management (ISM), declined to 55.3 last month and added to an unrevised November decline to 55.9. It was the lowest level since April 2014. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 06 2016
U.S. ADP Reports Strongest Job Gain in 12 Months
The ADP/Moody's National Employment Report indicated that nonfarm private sector payrolls rose 257,000 during December following a 211,000 November increase, revised from 217,000. The latest increase was firmer than expectations for a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 05 2016
U.S. Light Vehicle Sales Set New Record in 2015
Records were meant to be broken, and total sales of light vehicles in 2015 did just that. Rising to 17.42 million units, they just beat the old record of 17.40 million reached in 2000, as gasoline prices and interest rates fell. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 05 2016
U.S. Gasoline Prices Near Seven-Year Low
For all of 2015, the pump price for a gallon of regular gasoline averaged $2.03 according to the U.S. Department of Energy, the lowest level since 2008. Prices have fallen 45% since late-April of 2004. As of last week, pump prices [...]
by:Tom Moeller
|in:Economy in Brief
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