April brought increased buying activity at chain stores. Reported Wednesday was a 0.8% (+2.8% y/y) slip in chain store sales last week, but that still left sales for the month as a whole up 2.7% m/m after a 3.0% gain during March. [...]
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| May 06 2011
U.S. Chain Store Sales Show Strength During April
by:Tom Moeller
|in:Economy in Brief
Global| May 06 2011
U.S. Payroll Hiring Is Firm But Jobless Rate Ticks Up
Nonfarm payrolls increased 244,000 last month after a 221,000 March gain, initially reported as 216,000. The February rise also was revised up to 235,000 from 194,000. The latest gain exceeded Consensus expectations for a 185,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 06 2011
U.S. Chain Store Sales Show Strength During April
April brought increased buying activity at chain stores. Reported Wednesday was a 0.8% (+2.8% y/y) slip in chain store sales last week, but that still left sales for the month as a whole up 2.7% m/m after a 3.0% gain during March. [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 06 2011
U.S. Payroll Hiring Is Firm But Jobless Rate Ticks Up
Nonfarm payrolls increased 244,000 last month after a 221,000 March gain, initially reported as 216,000. The February rise also was revised up to 235,000 from 194,000. The latest gain exceeded Consensus expectations for a 185,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 05 2011
U.S. Monster Employment Index Hits New High
The Monster Index rose 6.6% m/m during April following similar, strong gains during the prior two months. The increase raised the latest level 9.0% versus last year and 18.9% from its recent trough. Industry improvement has been [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 05 2011
U.S. Labor Productivity Slows
The current economic slowdown is taking a toll on worker productivity. Labor productivity in the nonfarm business sector rose 1.6% last quarter, the slowest gain since Q2'10. Productivity is calculated by dividing an index of real [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 05 2011
U.S. Initial Unemployment Insurance Claims Surge
Initial claims for jobless insurance jumped last week to 474,000 from 431,000 during the prior period, initially reported as 429,000. By far, the latest figure exceeded Consensus expectations for 410,000 claims and was the highest [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 04 2011
U.S. Challenger Layoffs Near Lowest Since 2000
The outplacement firm of Challenger, Grey & Christmas reported that layoffs during April fell back to 36,490, nearly the lowest level since June, 2000. The decline in layoffs was led by the government, legal, media, electronics, [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 04 2011
U.S. ISM Nonmanufacturing Index Declines Further
Growth in U.S. nonmanufacturing activity continued to slow last month. The April Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) fell to 52.8 from 57.3 in March. The latest was [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 04 2011
ADP Reports Moderate Job Growth
In its latest National Employment Report, the payroll processor Automatic Data Processing (ADP) and economic consultants Macroeconomic Advisers, indicated that the April level of private nonfarm payrolls rose 179,000 after a 207,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 04 2011
U.S. Vehicle Sales Rise Slightly M/M
Unit sales of light vehicles recovered just 0.5% during April to 13.17M units (SAAR) after the 2.4% decline in March. The Consensus expectation was for sales of 13.0M, according to the Bloomberg survey. (Seasonal adjustment of these [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 03 2011
U.S. Factory Orders & Shipments Jump
Factory sector activity recovered during March. Manufacturing orders jumped 3.0% after a 0.7% February gain that was revised up from a 0.1% slip reported earlier. For durable goods only, orders rose 2.9%, revised from the 2.5% [...]
by:Tom Moeller
|in:Economy in Brief
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