Initial claims for unemployment insurance rose to 352,000 (-9.0% y/y) during the week ended April 13 from a revised 348,000 during the prior week, initially reported as 346,000. Consensus expectations were for 345,000 claims. The four [...]
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 18 2013U.S. Initial Claims for Unemployment Insurance Nudge Up
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 17 2013
U.S. Mortgage Applications For Refinancing & Purchase Rise
The index of total mortgage applications from the Mortgage Banker Association increased 4.8% (19.4% y/y) last week. The rise was led by a 5.2% gain (19.0% y/y) in applications to refinance an existing loan. Home purchase mortgage [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 17 2013
FIBER: Industrial Commodity Prices Weaken
Commodity prices are quite sensitive to changes in the economic environment, and the latest signals suggest softening forward momentum. Yesterday's industrial commodity price index, from the Foundation for International Business and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 16 2013
U.S. Industrial Production Gain Supported by Utility Output
Industrial production rose 0.4% during March following a 1.1% February increase, earlier reported as a 0.7% rise. A 0.2% gain had been expected in the Action Economics survey. The gain in overall output reflected a 5.4% rise (10.4% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 16 2013
U.S. Housing Starts Gain Reflects Firmer Multi-family Sector
Total housing starts jumped to 1,036M (AR) last month from 968,000 in February, initially reported as 917,000. Expectations had been for 930,000 starts in the Action Economics survey of economists. It was the highest level since June [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 16 2013
U.S. CPI Falls As Energy Prices Move Lower
The consumer price index fell 0.2% (+1.5% y/y) during March and partially reversed February's 0.7% rise. Expectations were for no change in the index. Prices excluding food and energy ticked up 0.1% (1.9% y/y), weaker than the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 15 2013
Philadelphia Fed Business Activity Index Slips; Pricing Power Evaporates
The Philadelphia Federal Reserve Bank reported that its General Business Conditions Index fell during April to 1.3. That followed an unrevised March improvement to 2.0. Haver Analytics constructs a seasonally adjusted figure [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 15 2013
U.S. Home Builders Index Falls to Six-Month Low
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo declined to 42 this month following an unrevised March reading of 44. Expectations were for an index reading of 45 in April. The latest was [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 15 2013
Empire State Factory Index Deteriorates
Forward momentum in factory sector activity is losing steam. The Federal Reserve Bank of New York reported that the Empire State Factory Index of General Business Conditions declined to 3.05 this month from an unrevised 9.24 in March. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 12 2013
U.S. Consumer Sentiment Revisits July low
The University of Michigan's Index of Consumer Sentiment for mid-April fell sharply m/m to 72.3 from 78.6 in March. The latest reading matched the low this past July. It was the lowest since December 2011 and compared to the consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 12 2013
U.S. PPI Whipsawed By Food & Energy; Core Trends Lower
The producer price index for finished goods fell 0.6% last month (+1.1% y/y) and reversed an unrevised 0.7% February gain. The decline exceeded expectations for a 0.2% dip. Prices excluding food & energy gained 0.2% (1.7% y/y) for the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 12 2013
U.S. Retail Sales Led Lower by Gasoline Price Decline
Retail sales during March fell 0.4% (+2.8% y/y) following a 1.0% rise in February, earlier reported as 1.1%. The latest decline was deeper than an expected 0.1% slip, according to Action Economics. Retail sales excluding autos also [...]
by:Tom Moeller
|in:Economy in Brief
- of1069Go to 511 page