Initial claims for jobless insurance fell unexpectedly last week. The decline to 381,000 was from a level the prior week revised up 1,000 to 400,000. Expectations had been for claims of 400,000. Claims the prior week were for the [...]
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| Sep 25 2003Initial Claims for Jobless Insurance Fell
by:Tom Moeller
|in:Economy in Brief
Global| Sep 24 2003Mortgage Applications Down Again
The index of mortgage applications compiled by the Mortgage Bankers Association fell 3.7% last week. The decline pulled the average level of applications in September to its lowest since June of last year. A 7.0% w/w decline in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 24 2003Mortgage Applications Down Again
The index of mortgage applications compiled by the Mortgage Bankers Association fell 3.7% last week. The decline pulled the average level of applications in September to its lowest since June of last year. A 7.0% w/w decline in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 23 2003Hurricane Isabel Lowered Weekly Chain Store Sales Sharply
Chain store sales fell 1.8% last week as Hurricane Isabel struck the U.S. mid-Atlantic region Thursday, according to the BTM-UBSW survey. The hurricane left over 10 million people without power and killed at least 28. The decline in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 22 2003U.S. Employment Series Indicate Positive or Negative Growth
Recent analysis from the US House Budget Committee highlighted two measures of the US employment situation. The latest Economic Update which contains the analysis is available here. In fact, employment during the last six months as [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 19 2003U.S. Budget Deficit Plumbing New Depths
The U.S. Government budget deficit deepened in August to $76.5B. That was versus a deficit of $54.7B in August '02. The deficit was slightly shallower than most analysts had expected. The Federal government's deficit totaled $400.5B [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 18 2003Initial Jobless Insurance Claims Below 400,000
Initial claims for jobless insurance fell an unexpectedly sharp 29,000 to 399,000 last week. The prior week's level was revised up. Consensus expectations had been for claims of 410,000. During the last ten years there has been a 80% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 17 2003Housing Starts Fell Slightly
Housing starts fell 3.8% m/min August to 1.82 mil. units after rising for three consecutive months. Consensus expectations had been for starts of 1.83 mil. Starts in July were revised up to a new seventeen year high. Single family [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 16 2003CPI Up Less Than Expected
The Consumer Price Index (CPI-U) rose 0.3% in August versus the Consensus expectation for a 0.4% gain. A weaker than expected gain in "core" prices accounted for the relatively tame report. The 0.1% rise in the CPI less food & energy [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 15 2003U.S. Industrial Production Weak
Industrial production rose less than expected last month by 0.1%. The Consensus of economists forecast a 0.3% gain. Prior months' figures were revised up slightly. Output in the manufacturing sector fell 0.2% (-1.5% y/y) although the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 12 2003Retail Sales Rose Less Than Expected Due to Autos
Retail sales rose 0.6% in August. That was much less than the Consensus expectation for a 1.2% gain. July sales were revised to show a 1.3% gain versus 1.4% reported initially. Motor vehicle dealers' sales rose just 0.5% m/m in July. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 11 2003Initial Claims for Jobless Insurance Higher
Initial claims for jobless insurance rose unexpectedly to 422,000 last week. The prior week's level was revised up slightly. Consensus expectations had been for claims of 400,000. The four-week moving average of initial claims rose to [...]
by:Tom Moeller
|in:Economy in Brief
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