The Bureau of Labor Statistics reported in its Job Openings & Labor Turnover Survey (JOLTS) that the January job openings rate slipped to 2.1% from a downwardly revised 2.2% during December. Nevertheless, these levels remained [...]
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 11 2011JOLTS: U.S. Job Openings Rate Reverses Earlier Improvement
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 11 2011
U.S. Consumer Sentiment Slumps As Oil Prices Surge
Consumers don't like it when they lose money. And the rise in oil prices reduces their spending power. The mid-March reading of consumer sentiment, from the University of Michigan, reflected that concern and declined 12.0% to 68.2 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 11 2011
U.S. Retail Sales Regain Forward Momentum
Total retail and food service sales rose last month by 1.0% following a 0.7% January increase, revised up from 0.3%. Sales have risen for eight consecutive months and the latest increase lifted the y/y increase to 8.9%, the strongest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 10 2011
U.S. Initial Claims For Jobless Insurance Rise
Initial claims for unemployment insurance rose to 397,000 last week from 371,000, initially reported as 368,000. Consensus expectations had been for 380,000 claims according to Action Economics. Despite the increase, claims remained [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 10 2011
U.S. Trade Deficit Deepens Further Due To Higher Oil Prices
The U.S. foreign trade deficit deepened during January to $46.3B versus a little-revised $40.3B in December. Consensus expectations had been for $41.5B. Economic improvement abroad and the lower value of the dollar helped exports jump [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 09 2011
U.S. Mortgage Applications Rise With Low Interest Rates
The Mortgage Bankers Association reported that overall mortgage applications increased 15.5% last week. The jump pulled applications 13.9% above the February average. Nevertheless, applications were up just modestly from nearly the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 09 2011
U.S. Chain Store Sales Begin March With A Jump
Consumers began the month in a mood to spend. Sales at chain stores jumped 2.3% during the first week of March following a modest slip that ended last month. The gain lifted sales 2.8% above the February average after that month's [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 08 2011
U.S. Manpower Inc. Survey: Hiring Remains Steady For Q2
The latest Manpower Inc. Survey suggested that recent improvement in the U.S. labor market will hold steady next quarter. For Q2 2011, the level of the seasonally adjusted diffusion index held at 8 following a downwardly revised 8 in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 08 2011
U.S. Small Business Optimism Increases Further
The National Federation of Independent Business indicated that its index of small business optimism rose to 94.5 in February from an unrevised 94.1 in January. The latest remained the highest level since December 2007. Improvement [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 08 2011
U.S. Gasoline Prices Rise Further With Crude Oil
There's no way but up for petroleum prices. The pump price for regular gasoline increased last week by fourteen cents to $3.52 per gallon, the highest since October-2008 and more-than double the December-2008 low of $1.61. Typically, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 07 2011
U.S. Consumer Credit Expands But The Mix Diverges
A firmer job market is encouraging consumers to take on more debt, but this time it's not business as usual. During January consumer credit expanded by $5.0B after a revised $4.1B increase during December. Credit has risen strongly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 04 2011
U.S. Payroll Employment Firms And Unemployment Rate Falls Unexpectedly
Weather effects faded last month and the U.S. job market showed clear signs of improvement. Nonfarm payrolls increased 192,000 and added to a 63,000 increase during January, initially reported as 36,000. The December figure also was [...]
by:Tom Moeller
|in:Economy in Brief
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