As worried as they are about the sales environment, businesses have taken the practice of shedding their inventories at the fastest rate in nearly thirty years. Total business inventories fell another 1.1% during April, down for the [...]
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| Jun 11 2009U.S. Business Inventory Decumulation Remains Strong and Steady
by:Tom Moeller
|in:Economy in Brief
Global| Jun 11 2009U.S. Retail Sales Rise With Higher Gas Prices; Underlying Trend Is Flat
Despite the latest increase in overall retail sales, U.S. consumer spending remains constrained by weak job growth and rising gasoline prices. The restraint was evident in a modest, expected 0.5% increase in May retail sales which [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 11 2009U.S. Initial Jobless Insurance Claims Fall To Their Lowest Since January
At the margin, the labor market continues to show signs of firming ... but just a bit. The latest indication is that last week, initial claims for unemployment insurance fell a sharp 24,000 to 601,000 from a little revised 625,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 11 2009U.S. Initial Jobless Insurance Claims Fall To Their Lowest Since January
At the margin, the labor market continues to show signs of firming ... but just a bit. The latest indication is that last week, initial claims for unemployment insurance fell a sharp 24,000 to 601,000 from a little revised 625,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 05 2009U.S. Payroll Losses Slow As Unemployment Rate Jumps
The May figures from the Bureau of Labor Statistics indicated moderation in the rate of job loss, though the labor market remains quite weak. Nonfarm payrolls fell 345,000 last month and that was the smallest monthly decline since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 05 2009U.S. Payroll Losses Slow AsUnemployment Rate Jumps
The May figures from the Bureau of Labor Statistics indicated moderation in the rate of job loss, though the labor market remains quite weak. Nonfarm payrolls fell 345,000 last month and that was the smallest monthly decline since [...]
by:Tom Moeller
|in:Economy in Brief
Labor productivity in the nonfarm business sector was revised higher for last quarter to 1.5% (AR) from the initial estimate of a 0.8% increase. The Consensus expectation was for revision to 1.2% growth. (Earlier figures also were [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 04 2009U.S. Initial Unemployment Insurance Claims Slip
The labor market is neither worsening nor improving significantly. It just remains quite soft. The latest indication of this is last week's slip in initial claims for unemployment insurance by 4,000 to 621,000 from an upwardly revised [...]
by:Tom Moeller
|in:Economy in Brief
Labor productivity in the nonfarm business sector was revised higher for last quarter to 1.5% (AR) from the initial estimate of a 0.8% increase. The Consensus expectation was for revision to 1.2% growth. (Earlier figures also were [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 03 2009U.S. ISM Nonmanufacturing Index Improves Further
Improvement in service sector activity is accompanying the factory sector's recent rise. The May Composite Index for the nonmanufacturing sector from the Institute for Supply Management (ISM) rose to 44.0 last month from an unrevised [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 03 2009Challenger Layoffs Continue To Indicate Job Market Improvement
The outplacement firm of Challenger, Grey & Christmas indicated that job cut announcements eased for the fourth consecutive month. The announcement of 111,182 layoffs followed 132,590 during April. This cycle's largest layoff total [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 03 2009ADP Report: Rate Of Job Loss Moderates
No doubt the job market has yet to materially improve. However, the latest report from the payroll processor ADP in their National Employment Report showed an easing in the rate of contraction. It indicated that private nonfarm [...]
by:Tom Moeller
|in:Economy in Brief
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