Initial claims for unemployment insurance were about as expected in the latest week. At 417,000, claims rose 5,000 from the prior week which was revised slightly higher. The four-week moving average rose slightly to 423,000, up 11.2% [...]
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| Oct 03 2002Initial Claims for Jobless Insurance Tick Up
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 02 2002
Challenger Survey Indicates Layoffs Reversed August Rise
According to Challenger, Gray & Christmas, announced job cuts fell sharply in September, more than reversing a large rise in August. The 40.7% m/m decline lowered layoffs to the lowest since late 2000. Job cut announcements were less [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 01 2002
ISM Index Fell Below 50
The ISM Composite Index of manufacturing sector activity in September fell below 50 for the first time since January. The decline to 49.5 mirrored yesterday's report from the Chicago purchasing managers. Before that report, Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 30 2002
Personal Income and Spending Moderate
Personal income (4.7% AR, YTD) rose slightly less than expected last month. July's figure was unrevised. Consensus expectations were for a 0.5% gain. Wage and salary disbursements (2.7% AR, YTD) rose 0.5% and recouped the 0.3% July [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 27 2002
2Q GDP Growth Revised Up Slightly to 1.3%
GDP growth last quarter was revised slightly higher due to lessened deterioration in the trade deficit. Revisions elsewhere were minor. Domestic final demand growth of 1.3% was unrevised. Growth in consumer spending (1.8%) and capital [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 26 2002
Durable Goods Orders Down Just Slightly
Durable goods orders fell a slight 0.6% last month. Consensus expectations were for a steep 3.0% decline following an 8.6% July jump that was little revised. Much of the recent volatility in orders has been due to the transportation [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 25 2002
Existing Home Sales Fell
Sales of existing single family homes were weaker than expected in August. July's solid gain was revised up slightly. Sales have fallen in five months of this year, and August sales were 12.7% below the record pace set in January. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 24 2002
Weekly Chain Store Sales Slump
Chain store sales slumped 1.7% last week according to the BTM-UBSW survey. The week-to-week drop in sales was the largest since one in late April. It followed two weeks during which sales were virtually unchanged. Sales in the first [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 23 2002
Leading Indicators Down For Third Month
The Composite Index of Leading Economic Indicators, reported by the Conference Board, fell as expected last month. It was the third decline in as many months and the fourth decline in the last five. July figures were revised to show [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 20 2002
Crude Oil Prices Strong
Oil prices recently have leveled off just below the $30.00 per barrel level for West Texas Intermediate crude, but strength in the energy market still is apparent in the more than 60% rise in prices since the end of last year. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 19 2002
Housing Starts Fell Again
Housing starts were weaker than expected last month. Total starts fell 2.2% from July which was revised slightly lower due to lowered single-family starts. It was the third consecutive monthly decline in starts. Housing starts were [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 18 2002
CPI Rose More Than Expected
Consumer prices (CPI-U) rose 0.3% last month. Consensus expectations were for a 0.2% gain. Excluding food and energy, prices also rose a more than expected 0.3%. Pricing strength centered on higher tobacco prices, up 2.4%. [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 1067 page