The Leading Index of the major 7 OECD economies slipped 0.1% during May and reversed a downwardly revised 0.1% gain the prior month. It was the first decline in the index since April of last year and it lowered the index's six 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| Jul 10 2006OECD Leaders Slip, North America Down
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 10 2006
OECD Leaders Slip, North America Down
The Leading Index of the major 7 OECD economies slipped 0.1% during May and reversed a downwardly revised 0.1% gain the prior month. It was the first decline in the index since April of last year and it lowered the index's six month [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 07 2006
Growth in U.S. Payrolls Moderate, Wages Jump
A 121,000 gain in June nonfarm payrolls fell short of Consensus expectations for a 155,000 increase. Disappointment should be mitigated, however, by details within the jobs report that indicate continuing, moderate expansion of the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 07 2006
Growth in U.S. Payrolls Moderate, Wages Jump
A 121,000 gain in June nonfarm payrolls fell short of Consensus expectations for a 155,000 increase. Disappointment should be mitigated, however, by details within the jobs report that indicate continuing, moderate expansion of the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2006
U.S. Factory Inventory Accumulation Stalled in May
Factory inventory accumulation stalled during May but that followed an upwardly revised 1.0% April increase. Despite the latest stall, the running rate of inventory accumulation this year matches the gains in 2005. Inventories of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2006
Mortgage Applications Up, Rates Fell
The total number of mortgage applications rose 5.9% last week and recovered about all of the prior week's sharp decline. For the month of June, the average number of applications fell 1.5% from May. A 6.5% increase in purchase [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2006
Challenger Layoffs Rose
Challenger, Grey & Christmas indicated that announced job cuts rose 25.1% last month (67,176) to the highest level since February. During the last ten years there has been an 83% (inverse) correlation between the three month moving [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2006
ISM Nonmanufacturing Index Down
The June Business Activity Index for the non-manufacturing sector about matched the three point May decline and fell to 57.0, reported the Institute for Supply Management (ISM). Consensus expectations for a lesser decline to 59.0. For [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2006
Initial Claims for Unemployment Insurance Fell
Initial unemployment insurance claims slipped 2,000 to 313,000 last week after a 6,000 rise the prior week that was upwardly revised, slightly. Consensus expectations had been for 315,000 claims. The four-week moving average of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2006
Initial Claims for Unemployment Insurance Fell
Initial unemployment insurance claims slipped 2,000 to 313,000 last week after a 6,000 rise the prior week that was upwardly revised, slightly. Consensus expectations had been for 315,000 claims. The four-week moving average of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 05 2006
U.S. Vehicle Sales Up a Bit
US light vehicle sales in June rose 1.3% m/m to 16.30M units and recaptured a piece of the prior month's 3.9% drop, according to the Autodata Corporation. Consensus expectations had been for sales of 16.4M units. Overall light truck [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 05 2006
ADP Nat'l Employment Report Indicates Strength in June
The Nat'l Employment Report published by ADP, the payroll processors for many employers, indicated that private nonfarm payrolls in June rose 368,000. The rise was the strongest increase in the brief history of the survey. For the [...]
by:Tom Moeller
|in:Economy in Brief
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