Past gloom in the job market eased last month. During January the unemployment rate fell to 9.7%, its lowest level since August. Expectations had been for a stable 10.0% unemployment rate. Nevertheless, the figure hardly suggests [...]
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| Feb 05 2010U.S. Unemployment Rate Falls Sharply; Payroll Decline Is Modest
by:Tom Moeller
|in:Economy in Brief
Global| Feb 05 2010U.S. Unemployment Rate FallsSharply; Payroll Decline Is Modest
Past gloom in the job market eased last month. During January the unemployment rate fell to 9.7%, its lowest level since August. Expectations had been for a stable 10.0% unemployment rate. Nevertheless, the figure hardly suggests [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 04 2010U.S. Factory Shipments Surge And Trim Inventories Slightly
actory shipments surged for the fourth straight month during December. The 1.9% increase followed an upwardly revised 1.6% November gain and it was the fourth straight month of strong increase. Shipments of nondurables were strong all [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 04 2010Strong U.S. Worker Productivity Drives Down Costs
Worker productivity surged during the fourth quarter. Employers kept a tight hold on costs as the economic recovery began to take hold. The 6.2% (AR) jump in 4Q productivity followed a downwardly revised 7.2% 3Q gain but it pulled [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 04 2010U.S. Initial Jobless Insurance Claims Inch Up
The Labor Department reported that initial claims for jobless insurance last week made up the prior period's decline with a gain to 480,000. Despite the increase, claims remained near the lowest level since late August, 2008 and were [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 04 2010U.S. Initial Jobless InsuranceClaims Inch Up
The Labor Department reported that initial claims for jobless insurance last week made up the prior period's decline with a gain to 480,000. Despite the increase, claims remained near the lowest level since late August, 2008 and were [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 03 2010Challenger Indicates Labor Market Deterioration
Earlier labor market improvement paused last month as announced job cuts rose and hiring plans fell, according to the outplacement firm of Challenger, Grey & Christmas. Their measure of job cut announcements increased last month to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 03 2010Challenger Indicates Labor MarketDeterioration
There's been little expansion but less contraction in the nonmanufacturing sector. That's the message from the Institute for Supply Management (ISM) for the service & construction sectors. Their Composite Index ticked up to 50.5 from [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 03 2010U.S. Vehicle Sales Suffer From Promotions' End
The beginning of the new year brought an attempt by car-makers to back away from end-of-year sales promotions. As a result, higher prices as well as reduced inventories caused U.S. unit sales of light vehicles during January to fall. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 03 2010ADP Report: Payroll Employment Decline Continues To Shrink
There's no gain in payroll levels yet, but the shrinkage continued to lessen last month. The latest report from the payroll processor ADP, in their National Employment Report, indicated that January nonfarm payroll levels declined [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 03 2010ADP Report: Payroll Employment Decline Continues To Shrink
There's no gain in payroll levels yet, but the shrinkage continued to lessen last month. The latest report from the payroll processor ADP, in their National Employment Report, indicated that January nonfarm payroll levels declined [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 02 2010U.S. Weekly Gasoline Prices Meander
After hitting the high last June the pump price for regular gasoline has been roughly unchanged. Last week, the price slipped to $2.66 and compares to $2.69 reached during June. Nevertheless, prices remained up 41% from last year. [...]
by:Tom Moeller
|in:Economy in Brief
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