• Initial claims fall to another pandemic low. • Continuing claims rise moderately. • Insured unemployment rate holds steady. Initial claims for unemployment insurance declined in the week ending May 1 to 498,000 from 590,000 in 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| May 06 2021
U.S. Initial Unemployment Insurance Claims Fall Again
by:Tom Moeller
|in:Economy in Brief
Global| May 06 2021
U.S. Initial Unemployment Insurance Claims Fall Again
• Initial claims fall to another pandemic low. • Continuing claims rise moderately. • Insured unemployment rate holds steady. Initial claims for unemployment insurance declined in the week ending May 1 to 498,000 from 590,000 in the [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 05 2021
U.S. ISM Services Index Unexpectedly Edges Lower in April
• Components are mixed. • New orders decline, but employment increases. • Pricing improves to July 2008 high. Service sector activity weakened last month along with the factory sector, as reported Monday. The Composite Index of [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 05 2021
U.S. ADP Nonfarm Private Payroll April Gain Disappoints
• Jobs expand for a fourth consecutive month. • Improvement extends throughout company size. • Factory & construction workforces continue strong. Job market improvement continued last month as businesses reopened and Covid-19 [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 04 2021
U.S. Factory Orders & Shipments Rebound in March
• Factory order gains are broad-based. • Shipments reverse sharp February decline. • Order backlogs & inventories continue to move up. New orders for manufactured goods increased 1.1% in March (16.1% y/y) after February's 0.5% easing. [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 04 2021
U.S. Trade Deficit Deepens to Record in March
• Exports & improve moderately. • Oil prices lift petroleum imports. The U.S. trade deficit in goods and services widened to $74.4 billion during March from February's $70.5 billion, revised from $71.1 billion. The deficit was a [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 03 2021
U.S. Light Vehicle Sales Continue to Strengthen in April
• Car & light truck sales have risen sharply so far this year. • Imports' share of market moves higher. U.S. sales of light vehicles increased last month as COVID-19 vaccines became more readily available. The Autodata Corporation [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 03 2021
U.S. Construction Spending Disappoints in March
• Activity improved after severe winter weather limited building activity in February. • Private nonresidential & public sector building drop. • Residential building activity is strong. The value of construction put-in-place improved [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 03 2021
ISM Manufacturing Index Falters in April
• Factory activity weakens to lowest level in three months. • Component declines are broad-based. • Pricing power continues to improve. The Institute for Supply Management (ISM) reported that its Composite Index of Manufacturing [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 30 2021
U.S. Chicago Business Barometer Continues to Strengthen in April
• Barometer jumped to highest level since December 1983. • New orders & orders backlogs surge. • Pricing power improves significantly. The ISM-Chicago Purchasing Managers Business Barometer strengthened to 72.1 in April from 66.3 in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 30 2021
U.S. Personal Income Surges With Stimulus Checks during March; Spending Strengthens
• Total income jumps and wages strengthen. • Spending increases broadly. • Pricing power picks up. Personal income jumped a record 21.1% during March (29.0% y/y) after a 7.0% February fall, revised from -7.1%. A 19.7% rise had been [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 29 2021
U.S. Pending Home Sales Rebound in March
• Purchases remain constrained by limited supply. • Sales are mixed amongst regions. Pending home sales increased 1.9% (23.3% y/y) during March following an 11.5% February fall, revised from -10.6%. According to the National [...]
by:Tom Moeller
|in:Economy in Brief
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