Job market improvement continues to be evidenced in the weekly report on claims for unemployment insurance. Initial claims in the week ended April 4 nudged up to 281,000 (-9.4% y/y) from 267,000 during the prior week, revised from [...]
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 09 2015
U.S. Initial Unemployment Insurance Claims Return to 2000 Low
by:Tom Moeller
|in:Economy in Brief
Global| Apr 08 2015
U.S. Mortgage Loan Applications Are Little Changed
The Mortgage Bankers Association reported that their total Mortgage Market Volume Index inched 0.4% higher last week (30.7% y/y). Purchase applications jumped 6.8% (11.9% y/y), strong for the third straight week, while refinance [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 07 2015
U.S. Consumer Credit Usage Picks Up
Consumer credit outstanding increased $15.5 billion during February following a $10.8 billion increase in January, initially reported as $11.6 billion. Expectations were for a $13.8 billion increase, according to the Action Economics [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 07 2015
U.S. JOLTS: Job Openings Rate Nudges Closer to 2001 Peak
The job openings rate during February improved to 3.5%, leaving it closer to the series high of 3.8% and up from the recession low of 1.6%. The job openings rate is the number of job openings on the last business day of the month as a [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 07 2015
U.S. Gasoline Prices Move Down Again
Gasoline prices eased another 4 cents last week to $2.41 cents per gallon, down by one-third versus a year ago. Haver Analytics constructs factors adjusting for the seasonal variation in pump prices. The seasonally adjusted price fell [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 06 2015
U.S. ISM Nonmanufacturing Index Slips
The Institute for Supply Management (ISM) Composite Index of Nonmanufacturing Sector Activity fell to 56.5 during March from an unrevised 56.9 in February. These numbers remained well below the highs of the second half of 2014. The [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 03 2015
U.S. Payroll Increase Disappoints; Jobless Rate Holds Steady; Earnings Strengthen
Job market improvement lost steam last month. Nonfarm payroll employment during March increased 126,000 (2.3% y/y) following a 264,000 February rise, revised from 295,000. January's advance also was lessened to 201,000 from 239,000. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 03 2015
U.S. Payroll Increase Disappoints; Jobless Rate Holds Steady At Prior Low
Job market improvement lost steam last month. Nonfarm payroll employment during March increased 126,000 (2.3% y/y) following a 264,000 February rise, revised from 295,000. January's advance also was lessened to 201,000 from 239,000. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 02 2015
U.S. Factory Sector Orders Increase With Petroleum
New orders in the manufacturing sector improved 0.2% during February following a 0.7% January decline, revised from -0.2%. A 0.5% decline was expected in the Action Economics Forecast Survey. Durable goods orders declined 1.4% (+0.5% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 02 2015
Challenger Job Cut Announcements Fall Sharply
The outplacement firm of Challenger, Gray & Christmas reported that job cut announcements during March declined to 36,595 (+6.4% y/y) following a fall to 50,579 in February. Layoffs fell m/m in the aerospace/defense, computer, energy, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 02 2015
U.S. Initial Claims for Jobless Insurance Decline Further
Initial unemployment insurance claims in the week ended March 28 declined to 268,000 (-18.5% y/y) from 288,000 during the prior week, revised from 282,000. The four-week moving average of initial claims fell to 285,500, the lowest [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 02 2015
U.S. Trade Deficit Narrows Sharply to Five-Year Low
The U.S. foreign trade deficit in goods and services declined to $35.4 billion during February from $42.7 billion in January, revised from $41.8 billion. A deficit of $41.8 billion was expected in the Action Economics Forecast Survey. [...]
by:Tom Moeller
|in:Economy in Brief
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