The ADP Nat'l Employment Report, reported by the payroll processor, indicated that private nonfarm payrolls rose 152,000 during January. The U.S. Bureau of Labor Statistics employment figure will be published this Friday. Last month, [...]
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| Jan 31 2007ADP Report: Private Payrolls Improved
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 31 2007
Employment Cost Index Remained Firm
The employment cost index for private industry workers increased 0.8% last quarter. That was less than the 1.0% rise expected by the Consensus, but during the latter part of 2006 the increases clearly accelerated versus the prior [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 31 2007
US 4Q GDP Growth Firmer Than Expected
U.S. real GDP grew 3.5% (AR) last quarter. It was both the fastest growth since 1Q06 and beat Consensus expectations for a 3.0% rise. The yearend figure raised growth for the full year to 3.4%, slightly ahead of 3.2% during 2005. A [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 31 2007
US 4Q GDP Growth Firmer Than Expected
U.S. real GDP grew 3.5% (AR) last quarter. It was both the fastest growth since 1Q06 and beat Consensus expectations for a 3.0% rise. The yearend figure raised growth for the full year to 3.4%, slightly ahead of 3.2% during 2005. A [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 30 2007
Weekly Chain Store Sales Reversed Prior Gains
The International Council of Shopping Centers (ICSC)-UBS survey indicated that chain store sales last week reversed all of the increases during the prior four weeks with a 0.9% decline. Nevertheless, the average level of chain store [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 30 2007
Consumer Confidence Rose Slightly, Highest Since 2002
Consumer confidence increased a modest 0.3% in January, according to the Conference Board Survey, following an upwardly revised 4.5% December gain. The increase was to the highest level since March 2002. The reading of present [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 30 2007
Consumer Confidence Rose Slightly, Highest Since 2002
Consumer confidence increased a modest 0.3% in January, according to the Conference Board Survey, following an upwardly revised 4.5% December gain. The increase was to the highest level since March 2002. The reading of present [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 26 2007
New Home Sales Up Much More Than Expected
Mild weather likely was behind a 4.8% gain in new home sales to 1.120M last month after an upwardly revised 7.4% jump during November. The latest gain by far outpaced Consensus estimates for 1.05M sales (see Haver's AS1REPNA [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 26 2007
U.S. Durable Goods Orders Firmed, Inventories Up
The 3.1% surge in new orders for durable goods about matched Consensus expectations and followed an upwardly revised 2.2% increase in November. For the year durable goods orders rose 7.1%, down just moderately from the 9.0% gain [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 26 2007
New Home Sales Up Much More Than Expected
Mild weather likely was behind a 4.8% gain in new home sales to 1.120M last month after an upwardly revised 7.4% jump during November. The latest gain by far outpaced Consensus estimates for 1.05M sales (see Haver's AS1REPNA [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 25 2007
Help-Wanted Advertising Finally Popped
The Conference Board reported that its Index of Help-Wanted Advertising in December popped upwards to 33, its highest level since June. During the last ten years there has been a 57% correlation between the level of help-wanted [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 25 2007
Initial Jobless Insurance Claims Jumped
Initial unemployment insurance claims jumped 36,000 to 325,000 last week and reversed all of the declines over the prior two weeks. Consensus expectations had been for a lesser increase to 310,000. During the last ten years there has [...]
by:Tom Moeller
|in:Economy in Brief
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