• Initial claims for jobless insurance eased to 4.427 million last week. • Roughly 26 million individuals filed new claims during the last five weeks. • The insured jobless rate jumped to 11.0%. Initial jobless claims for unemployment [...]
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| Apr 23 2020U.S. Claims for Unemployment Insurance Slip, but Remain Historically High
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 23 2020
U.S. Claims for Unemployment Insurance Slip, but Remain Historically High
• Initial claims for jobless insurance eased to 4.427 million last week. • Roughly 26 million individuals filed new claims during the last five weeks. • The insured jobless rate jumped to 11.0%. Initial jobless claims for unemployment [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 23 2020
U.S. Claims for Unemployment Insurance Slip, but Remain Historically High
• Initial claims for jobless insurance eased to 4.427 million last week. • Roughly 26 million individuals filed new claims during the last five weeks. • The insured jobless rate jumped to 11.0%. Initial jobless claims for unemployment [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 22 2020
U.S. FHFA House Prices Increase Pre-Coronavirus
• Home prices remained firm in mid-winter. The Federal Housing Finance Agency (FHFA) Price Index increased 0.7% during February following a 0.5% rise in January, revised from 0.3%. The 5.7% y/y gain had been fairly steady since early [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 22 2020
U.S. Mortgage Applications & Interest Rates Are Little Changed
• The housing market remains weak. • Financing rates are low. The Mortgage Bankers Association reported that its Mortgage Loan Application Index eased 0.3% (+70.0% y/y) in the week ended April 17 after the prior week's 7.3% increase. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 22 2020
U.S. FHFA House Prices Increase Pre-Coronavirus
• Home prices remained firm in mid-winter. The Federal Housing Finance Agency (FHFA) Price Index increased 0.7% during February following a 0.5% rise in January, revised from 0.3%. The 5.7% y/y gain had been fairly steady since early [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 22 2020
U.S. FHFA House Prices Increase Pre-Coronavirus
• Home prices remained firm in mid-winter. The Federal Housing Finance Agency (FHFA) Price Index increased 0.7% during February following a 0.5% rise in January, revised from 0.3%. The 5.7% y/y gain had been fairly steady since early [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 21 2020
U.S. Petroleum Prices Plunge as Demand Dries Up
• Crude oil prices slid lower last week and dropped further yesterday. • Gasoline prices fall as drivers stay off the road. • Natural gas prices ease. The spot price of West Texas Intermediate crude oil weakened to $20.10 (-68.5% y/y) [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 21 2020
U.S. Existing Home Sales Pull Back but Prices Rise
• Existing home sales near 2019 low as coronavirus sets in. • Sales decline around the country. • Prices improved before quarantine. The National Association of Realtors (NAR) reported that sales of existing homes during March [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 21 2020
Philadelphia Fed Nonmanufacturing Business Activity Collapses
• New orders & shipments turn negative. • Employment decline weakens wages. • Prices paid fall sharply. The Federal Reserve Bank of Philadelphia reported that its Nonmanufacturing Business Index of current activity at the company [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 21 2020
U.S. Petroleum Prices Plunge as Demand Dries Up
• Crude oil prices slid lower last week and dropped further yesterday. • Gasoline prices fall as drivers stay off the road. • Natural gas prices ease. The spot price of West Texas Intermediate crude oil weakened to $20.10 (-68.5% y/y) [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 21 2020
U.S. Petroleum Prices Plunge as Demand Dries Up
• Crude oil prices slid lower last week and dropped further yesterday. • Gasoline prices fall as drivers stay off the road. • Natural gas prices ease. The spot price of West Texas Intermediate crude oil weakened to $20.10 (-68.5% y/y) [...]
by:Tom Moeller
|in:Economy in Brief
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