The January Business Activity Index for the non-manufacturing sector, from the Institute for Supply Management, fell out of bed to 41.9 from 54.4 in December. A figure above 50 indicates rising activity and the latest was quite a bit [...]
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| Feb 05 2008U.S. ISM Non-Manufacturing Index Down Sharply, Lowest Since 2001
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 05 2008
U.S. ISM Non-Manufacturing Index Down Sharply, Lowest Since 2001
The January Business Activity Index for the non-manufacturing sector, from the Institute for Supply Management, fell out of bed to 41.9 from 54.4 in December. A figure above 50 indicates rising activity and the latest was quite a bit [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 04 2008
U.S. Construction Spending Decline Largest Since 1991
During December, the value of construction put in place fell 1.1% after a downwardly revised 0.4% November dip. The latest decline was the third consecutive monthly drop and it finished a year where activity fell 2.7%, the largest y/y [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 04 2008
U.S. Vehicle Sales in January Lowest in Over Two Years
U.S. sales of light vehicles in January fell 6.3% m/m to a 15.24M unit annual selling rate, according to the Autodata Corporation. That rate of sales was the lowest since October of 2005. After two years when sales fell 2.2% in 2007 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 04 2008
U.S. Construction Spending Decline Largest Since 1991
During December, the value of construction put in place fell 1.1% after a downwardly revised 0.4% November dip. The latest decline was the third consecutive monthly drop and it finished a year where activity fell 2.7%, the largest y/y [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 01 2008
Michigan Consumer Sentiment's Earlier Gains Diminished
The University of Michigan's consumer sentiment index for all of last month did improve by 3.8% m/m to a reading of 78.4. But that gain was reduced by nearly one half from the rise reported at mid-month. A level for the month of 79 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 01 2008
ISM Index Improved
The Institute of Supply Management (ISM) reported that its Composite Index of Manufacturing Sector Activity recovered last month. The m/m gain to 50.7 from a revised 48.4 in December (figures were revised back to 2005) contrasted with [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 01 2008
U.S. Payrolls Fell Unexpectedly, Revisions & Jobless Rate Down Slightly
The Bureau of Labor Statistics reported that nonfarm payrolls fell in January by 17,000 versus expectations for a rise of 70,000. In December, the rise payrolls was revised to a stronger gain of 82,000, but November's increase was [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 01 2008
U.S. Payrolls Fell Unexpectedly, Revisions & Jobless Rate Down Slightly
The Bureau of Labor Statistics reported that nonfarm payrolls fell in January by 17,000 versus expectations for a rise of 70,000. In December, the rise payrolls was revised to a stronger gain of 82,000, but November's increase was [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 31 2008
U.S. Help-Wanted Advertising Remained Low
The Conference Board indicated that its index of help-wanted advertising did rise slightly last month but only to 22 from 21 in November. The figures are at the record lows for the series which dates back to the 1950s. The Conference [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 31 2008
U.S. Employment Cost Index Steady At 0.8% Quarterly Increase
Rising 0.8% last quarter, the employment cost index for private industry workers remained steady with the 3Q increase. The gain matched Consensus expectations. Moreover, the gain in total compensation in 4Q was roughly steady at 3.0% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 31 2008
U.S. Initial Claims for Unemployment Insurance Surged
Last week, initial claims for jobless insurance surged to a level which now exceeds the late 2007 highs. A 69,000 w/w jump to 375,000 followed declines during the prior several weeks. The latest level is the highest since October of [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 818 page