Nonfarm payrolls declined 159,000 during September, according to the Bureau of Labor Statistics. The latest decline was the largest during each of the last nine months and it exceeded Consensus expectations for a 105,000. It was [...]
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 03 2008Largest Decline in U.S. Payrolls Since Early 2003
by:Tom Moeller
|in:Economy in Brief
Global| Oct 02 2008U.S. Factory Inventory Level Continued Higher
Factory inventories increased another 0.6% during August, the same as during July. That lifted the y/y gain to 8.6%, its strongest since late 2006. Growth in inventories within the transportation sector has been strong at 14.6% y/y. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 02 2008U.S. Initial Claims For Unemployment Insurance Rose
Initial claims for unemployment insurance rose to 497,000 from an upwardly revised 496,000 during the week prior. The latest was the highest level since the recession of 2001. The four-week moving average jumped to 474,000 (48.8% y/y) [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 02 2008U.S. Light Vehicle Sales Backpedal
U.S. September sales of light vehicles reversed their August rise and fell 8.9%, according to the Autodata Corporation. The sales rate of 12.50M units fell back to its July level, which was the lowest sales rates since 1992. Sales for [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 02 2008U.S. Light Vehicle Sales Backpedal
U.S. September sales of light vehicles reversed their August rise and fell 8.9%, according to the Autodata Corporation. The sales rate of 12.50M units fell back to its July level, which was the lowest sales rates since 1992. Sales for [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 01 2008U.S. Construction Spending in August Unchanged M/M, Down 5.9% Y/Y
The value of construction put in place was unchanged during August but the decline in July was revised doubled to 1.4%. The decline for August compared to expectations for a slight, 0.5% drop. Year-to-year, the decline in construction [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 01 2008ISM Index Plunged to Recession Level
The Institute for Supply Management reported that it's Composite Index of Manufacturing Sector Activity plunged to its lowest level since the end of the 2001 recession. The decline to 43.5 in September from an August reading of 49.9 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 01 2008U.S. Challenger Layoffs Back Up
Job cut announcements rose 7.2% to 95,094 in September reversing half of their August decline, according to the Challenger, Grey & Christmas survey. The three-month level layoffs also increased to 95,714 and was near the highest level [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 01 2008ADP Report: Payroll Employment Decline Moderated
The payroll processor ADP released its National Employment Report for September. Private nonfarm payrolls were indicated to have fallen 8,000 after a downwardly revised 37,000 decline during August. The U.S. Bureau of Labor Statistics [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 01 2008ADP Report: Payroll Employment Decline Moderated
The payroll processor ADP released its National Employment Report for September. Private nonfarm payrolls were indicated to have fallen 8,000 after a downwardly revised 37,000 decline during August
by:Tom Moeller
|in:Economy in Brief
Global| Sep 30 2008Consumer Confidence Rose Further in September
For September, the Conference Board reported that its index of consumer confidence rose 2.2% to 59.8. That followed an upwardly revised 12.7% increase during August. The latest rise contrasted with Consensus expectations for a m/m [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 30 2008Chicago Purchasing Managers' Barometer Dipped
For September, the Chicago Purchasing Manager's Association reported that its business barometer dipped. However, the 2.1% decline in the index to 56.7 reversed only a small part of its 14.0% m/m jump during August. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
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