Signs of improvement in the U.S. labor market are continuing to surface.Initial claims for jobless insurance fell to 332,000 (-8.5% y/y) during the week ended March 9 versus 342,000 a week earlier (revised from 342,000). Consensus [...]
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 14 2013
U.S. Initial Unemployment Insurance Claims Post An Unexpected Decline
by:Tom Moeller
|in:Economy in Brief
Global| Mar 14 2013
U.S. PPI Led Higher By Energy Prices; Elsewhere Inflation is Moderate
The producer price index for finished goods gained 0.2% last month (1.8% y/y), the same as during January. The latest rise matched expectations. Also, as expected, there was a 0.2% gain (1.7% y/y) in prices excluding food & energy [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 13 2013
U.S. Import Prices Jump With Higher Oil Costs
Prices in the U.S. foreign trade sector increased during February, for the second consecutive month. Import prices jumped 1.1% (-0.3% y/y), about double the unrevised 0.6% January rise. The Action Economics survey looked for prices to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 13 2013
U.S. Business Inventories Jump And Raise I/S Ratio
All of a sudden, business inventories reversed their prior moderation and jumped in January. Total business inventories surged 1.0% (5.6% y/y) during January following an upwardly revised 0.3% December rise. The latest was the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 13 2013
U.S. Retail Spending Is Strong
The consumer regained the inclination to spend last month. February retail sales increased 1.1% (4.6% y/y) following a 0.2% January uptick, earlier reported as 0.1%. The latest rise exceeded expectations for a 0.5% gain, according to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 12 2013
U.S. Manpower Employment Outlook Survey Is Firm
The near-term employment environment should maintain its recent strength, according to Manpower, Inc. On a seasonally adjusted basis, the hiring index did slip to 11, but that left the 2013 outlook average up from 2012. On a not [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 12 2013
U.S. Petroleum Prices Retreat But Natural Gas Prices Firm
The pump price for a gallon of regular gasoline fell by 5 cents last week to $3.71 per gallon (-3.1% y/y) and added to its 2 cent decline during the prior week. Nevertheless, prices have risen 46 cents (14.0%) since the mid-December [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 12 2013
U.S. JOLTS: Job Openings Rate Continues Sideways Move
According to the Bureau of Labor Statistics in the January Job Openings & Labor Turnover Survey (JOLTS) report, the job openings rate ticked up to 2.7% from an unrevised 2.6% in December. However, the figure remained slightly below [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 12 2013
U.S. Small Business Optimism Improves Again
The National Federation of Independent Business reported that its February Small Business Optimism Index rose for the third straight month. However, the advance in the seasonally adjusted index to 90.8 from 88.9 in January still left [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 12 2013
U.S. Manpower Employment Outlook Survey Is Firm
The near-term employment environment should maintain its recent strength, according to Manpower, Inc. On a seasonally adjusted basis, the hiring index did slip to 11, but that left the 2013 outlook average up from 2012. On a not [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 11 2013
U.S. Breadth of Job Increase is Improved
Since 1990, diffusion indexes of payroll employment have moved with the change in overall employment. Therefore, recent moderate payroll gains are well-grounded. For private nonfarm production industries, 63.3% added to payrolls last [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 08 2013
U.S. Employment Jumps; Jobless Rate Reaches Cycle Low
The rate of job market improvement picked up a bit last month. Payroll employment gained 236,000 (1.5% y/y) after a 119,000 January increase (revised from 157,000) and a 219,000 December rise (revised from 196,000). Consensus had been [...]
by:Tom Moeller
|in:Economy in Brief
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