Nonfarm payrolls surged 321,000 during November (2.0% y/y) following upwardly revised increases of 243,000 and 271,000 during the prior two months. The gain outpaced expectations for a 225,000 rise in the Action Economics Forecast [...]
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 05 2014
U.S. Payrolls Jump; Unemployment Rate Remains At 2008 Low
by:Tom Moeller
|in:Economy in Brief
Global| Dec 05 2014
U.S. Consumer Credit Usage Tapers Off
Consumer credit outstanding increased $13.2 during October (6.7% y/y) following a revised $15.4 billion September rise, initially reported as $15.9 billion. It was the slowest rate of gain since December. Expectations were for a $16.5 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 05 2014
U.S. Factory Sector Orders Decline As Petroleum Prices Fall
New orders to all manufacturers fell 0.7% (+2.1% y/y) during October following a 0.5% decline. No change in orders was expected in the Action Economics Forecast Survey. Orders for nondurable goods (which equal shipments) declined 1.5% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 05 2014
U.S. Payrolls Jump; Unemployment Rate Remains At 2008 Low
Nonfarm payrolls surged 321,000 during November (2.0% y/y) following upwardly revised increases of 243,000 and 271,000 during the prior two months. The gain outpaced expectations for a 225,000 rise in the Action Economics Forecast [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 04 2014
Challenger Job Cut Announcements Fall Back
The outplacement firm of Challenger, Gray & Christmas reported that job cut announcements declined to 35,940 (-20.7% y/y) during November. Layoffs fell m/m in the aerospace/defense, apparel, commodities, computer, electronics, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 04 2014
U.S. Initial Unemployment Insurance Claims Decline
Initial claims for unemployment insurance during the week ended November 29 dropped to 297,000 after increasing to 314,000 in the prior week, revised from 313,000. The four-week moving average of initial claims increased to 299,000. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 03 2014
U.S. Mortgage Loan Applications Decline Along With Interest Rates
The Mortgage Bankers Association reported that their total Mortgage Market Volume Index declined 7.3% last week (-11.5% y/y) to the lowest level since early last month. Applications to refinance a loan declined 13.4% (-16.3% y/y) [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 03 2014
U.S. ISM Nonmanufacturing Index Regains Strength
Nonmanufacturing activity rebounded last month following two months of decline. The Institute for Supply Management's (ISM) composite nonmanufacturing index rose to 59.3 from 57.1 in October. The figure nearly reached its August peak [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 03 2014
U.S. ADP Employment Growth Remains Steady
Hiring growth in November continued on a par with earlier months, according to the ADP/Moody's National Employment Report. Private sector employment grew 208,000 last month following a 233,000 October increase, revised from 230,000. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 02 2014
U.S. Light Vehicle Sales Renew Positive Growth
Sales of light vehicles improved 5.6% y/y to 17.20 million units (SAAR). Purchases were up 4.5% versus October when they totaled 16.46 million, little-changed from the prior month. Purchases of light trucks recovered 6.3% (9.6% y/y) [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 02 2014
U.S. Construction Spending Rebounds
The value of construction put-in-place recovered 1.1% (3.3% y/y) during October following a 0.1% September slip, revised from -0.4%. Despite the latest gain, forward momentum continued to fade. The increase exceeded expectations for a [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 02 2014
U.S. Gasoline Prices Continue To Move Lower
The price for a gallon of regular gasoline fell to an average $2.78 last week (-15.1% y/y) versus $2.82 during the prior week. Prices remained down versus $3.65 reached in June. To account for seasonal patterns, Haver Analytics [...]
by:Tom Moeller
|in:Economy in Brief
- of1072Go to 428 page