Job market improvement remains in place. Initial unemployment insurance claims were unchanged last week at 351,000. (The previous week was revised from 348,000). The latest are the lowest figures since March 2008. Claims averaged [...]
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| Feb 23 2012
U.S. Initial Claims For Jobless Insurance Are Stable And Low
by:Tom Moeller
|in:Economy in Brief
Global| Feb 22 2012
U.S. Existing Home Sales Rise To New High As Prices Fall
Sales of existing homes rose in January to a 4.570M annual rate (0.7% y/y) from a revised 4.380M during December, last month reported as 4.610M. The latest was the highest since May 2010. Data back to 2009 were revised. Sales of [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 22 2012
U.S. Chain Store Sales Show More Life
The consumer still is in a mood to spend. Chain store sales rose 3.0% last week (3.2% y/y) and more-than-recovered the prior week's decline. The increase lifted February sales so far by 0.8% versus January when sales fell 3.3% m/m. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 22 2012
U.S. Energy Prices Are Driven Higher
Tensions in the Mideast are having a further effect driving energy prices upward. The price for a barrel of light sweet crude oil jumped last week to $101.80 and remained up sharply from $79.71, the average during the first week of [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 21 2012
U.S. Chicago Fed Index Is Again Positive
The January National Activity Index (CFNAI) from the Chicago Federal Reserve provides another sign of improving economic momentum. The index slipped to 0.22 from 0.54 in December, which was revised up from 0.17. However, the three- [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 17 2012
U.S. Leading Indicators Point Toward Continued Recovery
The Conference Board reported that the Leading Economic Indicator index gained 0.4% during January following a revised 0.5% December rise, last month reported as 0.4%. A 0.5% increase had been expected. The latest rise pulled the six- [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 17 2012
U.S. CPI Picks Up
Consumer prices rose during January at their quickest pace in four months. The CPI increased 0.2% after being unchanged in December. A 0.3% gain had been the Consensus expectation. Figures back to 2007 were revised due to new seasonal [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 16 2012
Philadelphia Fed Business Activity Index Gains
The Philadelphia Federal Reserve Bank's General Business Conditions Index rose in February indicating expansion and built on its January rise. The Index of General Business Conditions rose to 10.2 from 7.3 in January. The figures have [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 16 2012
U.S. PPI Posts Minimal Increase; Core Firm
The producer price index for finished goods ticked up 0.1% last month following an unrevised 0.1% December slip. Consensus expectations had been for a 0.4% rise, according to the Action Economics survey. Core pricing power again was [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 16 2012
U.S. Housing Starts Rise
New home building is improving moderately. Housing starts rose last month by 1.5% (9.9% y/y) to 699,000 from a revised 689,000 in December, initially reported as 657,000. Expectations had been for 675,000 starts in January. Starts in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 16 2012
U.S. Initial Claims For Unemployment Insurance Fall To New Low
Labor market improvement is gaining steam. Initial unemployment insurance claims fell to 348,000 last week from 361,000 during the week prior (revised from 358,000). Claims averaged 365,250 (-12.9% y/y) during the last four weeks, the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 15 2012
U.S. Home Builders' Index Again Is Strong
The National Association of Home Builders/Wells Fargo reported that housing market activity continues to improve. The Composite Housing Market Index for February again rose four points to 29, its highest level since April 2007. [...]
by:Tom Moeller
|in:Economy in Brief
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