Labor market improvement is counted as fewer jobs lost and more jobs gained. Both were indicated for December by the outplacement firm of Challenger, Grey & Christmas Their measure of job cut announcements fell last month to 45,094, [...]
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| Jan 06 2010Challenger Indicates Further Improvement in the Labor Market
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 06 2010
U.S. ISM Nonmanufacturing Index Improves To Break-Even
The nonmanufacturing sector has improved from its worst condition at year-end 2008 but it has yet to show much expansion. The December figure from the Institute for Supply Management (ISM) for the service & construction sectors [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 06 2010
U.S. Vehicle Sales Improve At YearendBut For 2009 Were The Lowest In Twenty Seven Years
U.S. unit sales of light vehicles during December recovered slightly, but by hardly enough to salvage losses earlier in the year. Sales rose 2.9% m/m to 11.25M units according to the Autodata Corporation and were slightly stronger [...]
by:Tom Moeller
|in:Economy in Brief
Though private sector payrolls fell again last month, the 84,000 worker decline was the least since March 2008. The latest report from the payroll processor ADP, in their National Employment Report, indicated that the December decline [...]
by:Tom Moeller
|in:Economy in Brief
Though private sector payrolls fell again last month, the 84,000 worker decline was the least since March 2008. The latest report from the payroll processor ADP, in their National Employment Report, indicated that the December decline [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 05 2010
Weekly Chain Store Sales Improve Sharply
The Holiday spirit, or perhaps after-Christmas discounts, prompted a surge in spending late in 2009. During the latest week, chain store sales jumped 1.5% from the prior week to lift sales to the highest level since August 2008. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 05 2010
U.S. Pending Home Sales Decline
Home sales suffered during November due to the (since-extended) expiration of an $8,000 first-time home buyers tax credit. The National Association of Realtors (NAR) reported that November pending home sales fell 16.0% from October [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 05 2010
U.S. Weekly Gasoline Prices Move Higher
Evidence of a U.S. economic recovery has given life to energy prices. The pump price for regular gasoline rose to $2.67 per gallon last week, the highest level since early-November. Gasoline prices remain up from the December '08 low [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 05 2010
U.S. Factory Inventories & Shipments Increase Again
For the second straight month factory inventories increased, a turn following thirteen consecutive months of decline. Moreover, October gains were revised up slightly. The latest monthly increase owed largely to a 3.8% jump (-26.5% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 04 2010
U.S. Factory Inventories &Shipments Increase Again
Though its rate of decline has moderated, construction spending has continued to move lower. During November construction outlays fell 0.6% after a little-revised 0.5% October shortfall. The latest decline left the y/y change at [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 04 2010
ISM Manufacturing Series Show Broad-Based Gains
Improvement in the U.S. factory sector continued last month from its nadir reached twelve months earlier. The National Association of Purchasing Management reported that its December composite index showed unexpected strength with a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 26 2009
FHFA Home Price Index Ticks Up Both M/M And Y/Y
The U.S. House Price Index from the Federal Housing and Finance Agency (FHFA) continued to show improvement last fall. The Purchase Only Index for November rose 0.7% after its 0.4% October increase. Moreover, the year-to-year change [...]
by:Tom Moeller
|in:Economy in Brief
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