- Decline is to lowest level since November 1968.
- Continued weeks claimed edge higher.
- Insured unemployment rate holds at record low.
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| Apr 07 2022U.S. Initial Unemployment Insurance Claims Unexpectedly Fall
by:Tom Moeller
|in:Economy in Brief
USA| Apr 06 2022U.S. Mortgage Applications Weaken
- Decline in purchase applications accelerates.
- Sharp decline in refinancing applications continues.
- Mortgage interest rates continue to increase.
by:Tom Moeller
|in:Economy in Brief
USA| Apr 05 2022U.S. Trade Deficit Narrows Marginally in February
- Consumer goods exports firm.
- Capital goods imports fall.
- Petroleum imports soar as prices climb.
by:Tom Moeller
|in:Economy in Brief
USA| Apr 05 2022U.S. Gasoline & Crude Oil Prices Weaken
- Gasoline prices retrace March gains.
- Crude oil prices fall moderately.
- Natural gas prices continue to strengthen.
by:Tom Moeller
|in:Economy in Brief
- Fall in manufactured goods orders is first since April 2021.
- Shipments continue year long gain.
- Unfilled orders and inventories rise further.
by:Tom Moeller
|in:Economy in Brief
USA| Apr 01 2022U.S. Light Vehicle Sales Fall Sharply in March
- Both auto & light truck sales tumble for second straight month.
- Sales have been under pressure as parts shortages limit dealer inventory.
- Imports' share reverses most of three-month increase.
by:Tom Moeller
|in:Economy in Brief
- Service sector job growth slows.
- Hourly earnings gain accelerates.
- Jobless rate falls to lowest level in over two years.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 31 2022U.S. Chicago Business Barometer Rebounds in March
- Component improvement is widespread.
- Employment increases.
- Pricing power eases.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 31 2022U.S. Personal Spending Slows as Income Picks Up in February
- Goods spending declines but services improves.
- Core price inflation eases m/m.
- Wage & salary growth strengthens.
by:Tom Moeller
USA| Mar 30 2022U.S. ADP Nonfarm Private Payrolls Improve in March
- Gain is larger than expected.
- Leisure & hospitality continues to lead growth.
- Factory & construction sectors also improve.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 30 2022U.S. Mortgage Applications Decline as Refinancings Plunge
- Refinancings stand at lowest level since 2019.
- Applications for purchase rise slightly.
- Mortgage interest rates move steadily higher.
by:Tom Moeller
|in:Economy in Brief
USA| Mar 29 2022U.S. FHFA House Price Index Strengthens in January
- Monthly increases are mixed regionally.
- Mountain states lead price gains y/y.
by:Tom Moeller
|in:Economy in Brief
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