While a turn to positive growth in employment still is not at hand, the June report from the payroll processor ADP in their National Employment Report again showed an easing in the rate of contraction. It indicated that private [...]
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| Jul 01 2009ADP Report: Rate Of Job Loss Lessens A Bit
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 01 2009
U.S. Pending Home Sales Stable At Their Highest Level Since September
The moderate rebound in housing activity continued last month. The National Association of Realtors reported that May pending sales of existing homes held roughly stable with April at the highest level since last September. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 01 2009
Challenger Layoffs Moderate Further
For the fifth consecutive month the outplacement firm of Challenger, Grey & Christmas indicated that job cut announcements eased. In fact, the number of layoff announcements of 74,393 was the least since March of last year. This [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 01 2009
ISM Factory Sector Index Rose Modestly While Prices Jump
The National Association of Purchasing Management indicated that the recession in factory sector continued to moderate last month. The June composite index for the factory sector rose to 44.8 from 42.8 in May. Though the latest figure [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 01 2009
ISM Factory Sector Index RoseModestly While Prices Jump
The National Association of Purchasing Management indicated that the recession in factory sector continued to moderate last month. The June composite index for the factory sector rose to 44.8 from 42.8 in May. Though the latest figure [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 30 2009
U.S. Consumer Confidence Slips
According to the Conference Board, consumer confidence slipped this month following gains during the prior three months. The slip did not, however, alter the picture of improvement in consumer attitudes. Confidence remained up by more [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 30 2009
Energy Prices Are Volatile With Weak Demand & Short Supply Prospects
For all of last week, the energy markets continued to discount weakness in the economic environment. The likelihood of an easing in demand lowered the weekly average retail price for a gallon of regular gasoline slipped to $2.64 per [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 30 2009
Decline In Case-Shiller Home Price Index Eases
S&P/Case-Shiller Home Price Composite Index of twenty metro-markets slipped just 0.9% during April versus March. The latest monthly decline was the smallest since late 2007; however, it still left prices 18.1% lower during the last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 30 2009
Decline In Case-Shiller Home PriceIndex Eases
S&P/Case-Shiller Home Price Composite Index of twenty metro-markets slipped just 0.9% during April versus March. The latest monthly decline was the smallest since late 2007; however, it still left prices 18.1% lower during the last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 29 2009
Chicago Fed Index Remains Stable in May At Highest Level Since October
The National Activity Index published by the Chicago Federal Reserve Bank remained roughly unchanged during May versus April. Nevertheless, the index level of -2.30 was near its the highest level since October of last year. The latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 29 2009
Chicago Fed Index Remains Stablein May At Highest Level Since October
The National Activity Index published by the Chicago Federal Reserve Bank remained roughly unchanged during May versus April. Nevertheless, the index level of -2.30 was near its the highest level since October of last year. The latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 26 2009
Michigan Consumer Sentiment Improves With Higher Expectations
Though the overall economy has yet to make a convincing turn towards the better, the University of Michigan's June reading of consumer sentiment suggests a coming improvement in retail spending. The full-month index level rose [...]
by:Tom Moeller
|in:Economy in Brief
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