- Payroll employment increase is smallest since 2021.
- Monthly wage gain is slow but steady.
- Unemployment rate retraces August increase.
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
USA| Oct 07 2022U.S. Payroll Gain Moderates in September, but Jobless Rate Falls
by:Tom Moeller
|in:Economy in Brief
USA| Oct 06 2022U.S. Initial Claims for Unemployment Insurance Move Up
- Initial filings stand at highest level in five weeks.
- Continued weeks claimed rise modestly.
- Insured unemployment rate edges higher.
by:Tom Moeller
|in:Economy in Brief
USA| Oct 05 2022U.S. ISM Services Index Slips in September
- Employment moves higher.
- Business activity, new orders & supplier deliveries decline.
- Price gains ease further.
by:Tom Moeller
|in:Economy in Brief
USA| Oct 05 2022ADP Employment Gain Is Moderate in September
- Recent months' gains weaken versus early-2022.
- Hiring at medium-sized company leads softening.
- Pay gains remain firm.
by:Tom Moeller
|in:Economy in Brief
USA| Oct 04 2022U.S. Factory Orders Hold Steady but Backlogs Rise in August
- Durable goods orders slip, but nondurables orders rise.
- Shipments rise broadly.
- Unfilled orders increase but inventories dip.
by:Tom Moeller
|in:Economy in Brief
USA| Oct 04 2022U.S. Energy Prices Are Mixed
- Gasoline prices rise.
- Crude oil prices continue to fall.
- Natural gas prices decline again.
by:Tom Moeller
|in:Economy in Brief
USA| Oct 03 2022U.S. Light Vehicle Sales Edge Higher During September
- Light truck & auto sales both improve slightly.
- Imports' share slips.
- Sales remain constrained as parts shortages limit production
by:Tom Moeller
|in:Economy in Brief
USA| Oct 03 2022U.S. ISM Manufacturing Index Declines Sharply in September
- Composite index falls to lowest level since recession's end.
- New orders & employment decline.
- Pricing power continues to weaken.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 30 2022U.S. Personal Spending and Income Increase Moderately in August
- Spending gain mostly reflects higher prices.
- Income increases, but wage growth slows.
- Prices rise moderately as core inflation surges.
by:Tom Moeller
|in:Economy in Brief
- Consumer spending revised slightly higher.
- Business spending revised lower.
- Corporate profits increased modestly.
- Price index raised.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 28 2022U.S. Pending Home Sales Fall Further in August
- Sales are lowest since April 2020.
- Sales decline in most of the country.
by:Tom Moeller
|in:Economy in Brief
USA| Sep 28 2022U.S. Goods Trade Deficit Continues to Narrow in August
- Deficit is lowest since October 2021.
- Exports ease for third straight month.
- Imports drop for fourth month in last five.
by:Tom Moeller
|in:Economy in Brief
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