Nominal personal income inched up 0.1% last month following a revised 1.8% May surge which was due to the first installment of the government's tax rebate checks being mailed out. During May, the government distributed $48.1 billion [...]
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| Aug 04 2008U.S. Income Gain Modest after May Surge
by:Tom Moeller
|in:Economy in Brief
Global| Aug 04 2008U.S. Light Vehicle Sales Lowest Since 1992
U.S. sales of light vehicles in July fell another 8.3% from June, according to the Autodata Corporation. The latest sales level of 12.55M units was the lowest since early-1992 and it pulled sales down 21.5% so far this year. The level [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 04 2008U.S. Income Gain Modest after May Surge
Nominal personal income inched up 0.1% last month following a revised 1.8% May surge which was due to the first installment of the government's tax rebate checks being mailed out. During May, the government distributed $48.1 billion [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 01 2008U.S. Construction Spending Fell in June, Stable This Year
The value of construction put in place fell 0.4% during June after having been unchanged in May. The decline was as-expected.Year-to-year construction was down 5.9% but the level of activity so far this year has been roughly stable. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 01 2008ISM Index Roughly About Stable M/M But Still Up From Recent Lows
The Institute for Supply Management 's Composite Index of Manufacturing Sector Activity fell very slightly month-to-month during July to a break-even 50 from 50.2 in June. Still, the index is up from the monthly lows near 48 this past [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 01 2008U.S. Payrolls Down, Jobless Rate Up
Nonfarm payrolls fell 51,000 last month after a revised decline of 51,000 during June, according to the Bureau of Labor Statistics. The latest decline was less than expectations for a 75,000 drop but payrolls have declined in each [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 01 2008U.S. Payrolls Down, Jobless Rate Up
Nonfarm payrolls fell 51,000 last month after a revised decline of 51,000 during June, according to the Bureau of Labor Statistics. The latest decline was less than expectations for a 75,000 drop but payrolls have declined in each [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 31 2008U.S. Help-Wanted Advertising Ticked Up
The index of help-wanted advertising, reported by the Conference Board, ticked up last month to 18 from 17 in May. Both levels were, however, still at or near the record lows for the two series. During the last ten years there has [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 31 2008Chicago Purchasing Managers' Barometer Improved Again, Prices Surged
The Chicago Purchasing Manager's Association reported that its July business barometer improved again. The figure of 50.8, versus 49.6 in June, was the first reading above the break-even level of 50 since this past January. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 31 2008U.S. Initial Claims for Jobless Insurance Surged Again
Initial claims for unemployment insurance surged last week to 448,000 from 404,000 during the prior week. The latest level was the highest in five years but it may have been upwardly biased by summer workers. The weekly level [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 31 2008U.S. Employment Cost Index Increase Eased in 2Q
The employment cost index for private industry workers increased by 0.6% last quarter and that was the weakest rate of gain since 1Q 2006. It fell short of Consensus expectations for a 0.7% rise. The rise held roughly steady the y/y [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 31 2008U.S. 2Q'08 GDP Growth Improved Due to Foreign Trade
U.S. real GDP growth last quarter improved to 1.9% from 0.9% during 1Q and from the small decline (revised from a slight increase) during 4Q'07. In addition, growth last year and during 2006 was revised down by 0.2 percentage points [...]
by:Tom Moeller
|in:Economy in Brief
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