- Annual increase remains below last year’s gain.
- Compensation growth dips.
- Increase in unit labor costs slows.
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| Nov 07 2024
U.S. Productivity Growth Is Steady in Q3’24
by:Tom Moeller
|in:Economy in Brief
- USA| Nov 05 2024
U.S. ISM Services PMI Improves in October; Prices Ease
- Index level is highest in over two years.
- Business activity & employment firm.
- Despite a modest backpedal, prices reading remains firm.
by:Tom Moeller
|in:Economy in Brief
- USA| Nov 05 2024
U.S. Energy Prices Decline in Latest Week
- Gasoline, crude oil & natural gas prices weaken.
- Demand for gasoline increases moderately.
- Inventories of gasoline & crude oil slip.
by:Tom Moeller
|in:Economy in Brief
- USA| Nov 04 2024
U.S. Factory Inventories & Orders Slip in September
- Inventory easing follows six months of little change.
- Order weakening is led by aircraft.
- Unfilled orders steady, and they remain soft.
by:Tom Moeller
|in:Economy in Brief
- USA| Nov 01 2024
U.S. Payroll Employment Reduced by Storms & Strike During October; Earnings Improve & Jobless Rate Steadies
- Hurricanes close businesses & reduce production.
- Increase in earnings extends trend of improved growth.
- Unchanged jobless rate remains below July peak.
by:Tom Moeller
|in:Economy in Brief
- USA| Nov 01 2024
U.S. Light Vehicle Sales Rise Modestly in October
- Light truck purchases improve, but auto sales decline.
- Total domestic vehicle sales increase; imports are little changed.
- Imports' market share slips.
by:Tom Moeller
|in:Economy in Brief
- USA| Nov 01 2024
U.S. ISM Manufacturing Index Eases in October
- Index down sharply from March high.
- Production & inventories indexes lead decline, orders & employment rise.
- Prices reading improves.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 31 2024
U.S. Core PCE Price Gain Picks Up, but Real Spending Posts Solid Increase in September
- Monthly gain in core prices is highest in six months.
- Improvement in real spending is concentrated in goods.
- Disposable income firms as wages maintain strength.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 30 2024
U.S. GDP Growth & Pricing Pressures Ease in Q3
- GDP grew 2.8% (SAAR) after 3.0% Q2 gain, while final demand components are firm.
- Inventory & foreign trade effects are negative.
- Price index growth moderates to slowest this year; consumer price gain weak.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 30 2024
U.S. Pending Home Sales Surge in September
- Sales are highest in six months.
- Home sales strengthen across country.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 29 2024
Consumer Confidence Strengthens in October
- Improves to highest level since January.
- Both present situation & expectations measures increase.
- Inflation expectations rise further.
by:Tom Moeller
|in:Economy in Brief
- USA| Oct 29 2024
U.S. Goods Trade Deficit Deepens Sharply in September
- Deficit deepening reverses most of earlier shrinkage.
- Sharp export decline reflects weakness in consumer & capital goods.
- Import increase powered by consumer & foods.
by:Tom Moeller
|in:Economy in Brief
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