Small businesses see little to improve their sense of well being about the U.S. economy. The National Federation of Independent Business indicated that their index of small business optimism inched up to 89.0 last month from 88.8 in [...]
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| Oct 12 2010Small Business Optimism Moves Further Sideways
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 11 2010
NABE Lowers Expectations for Economic Growth
In the latest report, the National Association for Business Economics indicated that moderate U.S. economic growth will continue through next year. However, expectations for 2.6% growth are down from the previous forecast of 3.2%. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 08 2010
U.S. Private-Sector Payrolls Gain Modestly; Jobless Rate Steady
Job creation in the overall U.S. job market has yet to amount to much. Private sector nonfarm payrolls rose just 64,000 last month following increases of 93,000 and 117,000 during August and July, respectively. These gains continue to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 07 2010
JOLTS: U.S. Job Openings Hold At Higher Rate
Counter to most other indications of increasing labor market slack, the Bureau of Labor Statistics reported in this JOLTS survey that labor market conditions continued an earlier improvement. The Job Openings & Labor Turnover Survey [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 07 2010
U.S. Credit Card Payoffs Reduce Consumer Credit Outstanding Again
Consumers remain on their quest to reduce debt levels. The Federal Reserve reported that consumer credit outstanding fell $3.3B during August following declines during the prior six months. Coupled with larger drops late last year, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 07 2010
Though Weekly Initial Claims For Jobless Insurance Slip, Other Signs of Job Market Improvement Are Few
Today came the indication that initial claims for unemployment insurance fell 11,000 to 445,000 in early October and reversed most of the prior week's gain. The latest was the lowest since the second week of July and the 4-week moving [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 06 2010
Intuit Small Business Hiring Index Improves Modestly
Intuit compiles data covering small businesses and employment conditions are moderately improved from last year. The 0.1% September rise from August in Intuit's Employment Index added to 0.2% increases during each of the prior five [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 06 2010
Challenger Layoffs Tick Higher But Hiring Plans Jump
The outplacement firm of Challenger, Grey & Christmas indicated that the level of layoffs during September increased slightly to 37,151 but that was still near the smallest number since June of 2000. The level remains down by more [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 06 2010
ADP Report Again Indicates Reversal In U.S. Private-Sector Job Recovery
Pressure continues on the ability of the U.S. market to grow. After seven consecutive months of modest recovery, the payroll processor ADP, in their latest National Employment Report, indicated that private nonfarm payroll levels fell [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 05 2010
U.S. ISM Nonmanufacturing Index Recovers
The U.S. service sector last month recovered most of what it lost during August. The September Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) rose to 53.2 from 51.5 in August. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 05 2010
U.S. Gasoline Price Continues Sideways Movement But Crude Oil Firms
The pump price for regular gasoline has been roughly stable since June, close to last week's level of $2.73 per gallon. Prices remained down from $2.91 in early-May. To the upside, however, the moderate economic recovery has been [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 04 2010
U.S. Pending Home Sales Improve
The National Association of Realtors (NAR) reported that pending sales of existing single-family homes improved during August. The 4.3% m/m rise repeated the gain during July and brought home sales to the highest level since April. [...]
by:Tom Moeller
|in:Economy in Brief
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