The Bureau of Labor Statistics reported in its Job Openings & Labor Turnover Survey (JOLTS) that the September job openings rate rose to 2.8% from a downwardly-revised 2.7% in August. The job openings rate is the number of job [...]
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| Nov 22 2013U.S. JOLTS: Job Openings & Hires Rates Move Up
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 21 2013
Philadelphia Fed Business Conditions Index Retreats as Prices Advance
The Philadelphia Federal Reserve Bank reported that its General Business Conditions Index for November fell back to 6.5 from 19.8 in October. The figure was at its lowest level in six months and was weaker than Consensus expectations [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 21 2013
U.S. PPI Falls Again but Core Price Increase Firms
The Producer Price Index for finished goods matched expectations and declined 0.2% last month (+0.3% y/y) following a 0.1% September slip. Prices excluding food & energy rose 0.2% in October (1.4% y/y), the quickest rise since June. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 21 2013
U.S. Initial Jobless Insurance Claims Fall to Two-Month Low
The job market is showing more signs of improvement. Initial claims for jobless insurance fell to 323,000 (-19.3% y/y) during the week ended November 16 from 344,000 during the previous week, revised up from 339,000. It was the lowest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 20 2013
U.S. Existing Home Sales Continue To Weaken
Sales of existing homes declined 3.2% (+6.0% y/y) during October to 5.120 million (AR). The drop followed an unrevised September 1.9% shortfall, according to the National Association of Realtors. Consensus expectations had been for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 20 2013
U.S. Consumer Prices Dip With Lower Energy Prices
The October consumer price index slipped 0.1% (1.0% y/y) following an unrevised 0.2% increase during September. Expectations had been for no change in prices. Consumer prices excluding food and energy matched expectations and rose a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 20 2013
U.S. Retail Sales Gain As Auto and Restaurant Purchases Advance
Retail sales improved last month as consumers bought cars and dined out. Retail spending firmed 0.4% (3.9% y/y) during October following no change in September, revised from a 0.1% dip. A 0.1% uptick had been expected in the Action [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 20 2013
U.S. Retail Sales Gain As Auto and Restaurant Purchases Advance
Retail sales improved last month as consumers bought cars and dined out. Retail spending firmed 0.4% (3.9% y/y) during October following no change in September, revised from a 0.1% dip. A 0.1% uptick had been expected in the Action [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 19 2013
U.S. Chain Store Sales Are Slightly Improved
The International Council of Shopping Centers and Goldman Sachs reported that chain store sales ticked 0.1% higher (2.8% y/y) last week following a 1.7% rise the week earlier. For the month so far, sales have recovered half of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 19 2013
U.S. Gasoline Price Decline Stabilizes as Demand Firms
The price for a gallon of regular gasoline edged 3 cents higher last week to $3.22 (-6.1% y/y), but remained near the lowest level since February 2011. They're down from the $3.78 per gallon peak reached late in February. Much of the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 19 2013
U.S. Employment Cost Index Gain Paced by Benefits Increase
The employment cost index for private industry workers increased 0.4% (1.9% y/y) in Q3'13, following an unrevised 0.6% rise in Q2. The result was weaker than consensus expectations for a 0.5% gain. Benefit costs increased 0.6% (2.0% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 18 2013
U.S. Home Builders Index Is Steady Following Sharp October Decline
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo was unchanged at 54 this month after a 3 point decline in October, last month reported as a 2 point dip. This latest figure was weaker than [...]
by:Tom Moeller
|in:Economy in Brief
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