The outplacement firm of Challenger, Grey & Christmas indicated that the level of layoffs during October increased slightly to 37,986 but that remained near the smallest number since June of 2000. The level remains down by more than [...]
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 03 2010U.S. Challenger Layoffs Again Rise Just Slightly While Hiring Plans Jump
by:Tom Moeller
|in:Economy in Brief
Global| Nov 03 2010U.S. ADP Report Indicates Private-Sector Job Growth Resumed
In their latest National Employment Report, the payroll processor, Automatic Data Processing (ADP), indicated that the level of private nonfarm payrolls rose 43,000 m/m during October. The September report was revised to show a lesser [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 02 2010Chain Store Sales Continue Sideways Movement
Consumers continue to shy away from the chain-store checkout counter. Last week, chain store sales ticked up all of 0.1% after a 0.3% gain the prior week. These increases, however, left the October average down 0.7%. The decline [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 02 2010U.S. Gasoline Prices Remain In Sideways Trend
Sideways has typified the gasoline price trend for some time. The pump price for regular gasoline slipped to $2.81 per gallon last week, down one penny w/w. Prices have been slightly above or below the current level, but are close to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 02 2010U.S. Construction Spending Shows Minimal Gain After Earlier Declines
The value of construction put-in-place recovered 0.5% during September following a downwardly-revised 0.2% August down-tick. The figure was slightly better than Consensus expectations for a 0.5% decline for last month. These recent [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 01 2010U.S. ISM Index Reverses Earlier Deterioration
Today's release that the Composite Index from the Institute for Supply Management rose to 56.9 last month lifted it back to its highest since May. Moreover, the gain beat Consensus expectations for near-stability at 54.0. Finally, the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 01 2010U.S. Personal Income & Spending Gains Are Disappointing
Personal income slipped an unexpected 0.1% during September following a 0.4% August increase that was downwardly revised. A 0.2% increase had been expected for last month. The troubling part of the report was the slight dip in wage & [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 29 2010Consumer Sentiment Drifts Sideways
Consumer sentiment has been unchanged for the last four months. The University of Michigan Index of Consumer Sentiment reported that its full month measure for October declined versus September to 67.7, about its level during July. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 29 2010U.S. GDP Growth Stable At 2.0%
Real GDP increased 2.0% (SAAR) last quarter. The increase roughly matched Q2 as well as expectations for a 2.1% rise according to the Bloomberg survey. So far since the last recession GDP growth has averaged 2.8%, a figure that is [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 28 2010U.S. Weekly Claims For Jobless Insurance Fall To Lowest Since July
Initial claims dropped sharply last week to 434,000, the lowest level since early-July. It's happened before. Initial claims for unemployment insurance would fall sharply, suggesting labor market improvement, only to subsequently [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 27 2010Mortgage Applications Stabilize
The Mortgage Bankers Association reported that a 3.2% w/w rise in mortgage applications recovered some of the prior week's decline. The stabilization left the uptrend in applications intact. They were at their highest level since May [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 27 2010U.S. New Home Sales Nudge Higher
Home sales remain in the doldrums. The Census Department reported September new home sales rose 6.6% to 307,000 from an unrevised 288,000. Nevertheless the latest remained near the series' low. Expectations were for September sales of [...]
by:Tom Moeller
|in:Economy in Brief
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