Initial claims for jobless insurance fell last week to 405,000 versus a revised 427,000 during the week prior, initially reported as 418,000. The Labor Department indicated that the latest figure reflected 11,500 claims due to 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| Jul 14 2011U.S. Claims for Unemployment Decline
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 14 2011
U.S. PPI Falls With Lower Energy Costs; Core Prices Strengthen
The U.S. producer price index for finished goods fell 0.4% last month, pulled down by a 2.8% drop in energy. The figure compared to Consensus expectations for a 0.2% decline. The energy price decline reflected an 8.8% drop (NSA, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 14 2011
U.S. Retail Sales Remain Lethargic
Total retail & food service sales inched up 0.1% last month following a -0.1% slip during May and a 0.2% April rise, earlier reported as -0.2% and 0.3%, respectively. The June decline roughly matched Consensus expectations for no- [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 13 2011
U.S. Gasoline & Oil Prices Move Higher
Good news for consumers on the energy price front was interrupted last week as the pump price for regular gasoline rose six cents to $3.64 per gallon. Since their peak, however, prices still were down 33 cents. Pump prices usually [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 13 2011
U.S. Import Prices Decline
Pricing strength receded further amongst internationally traded goods last month. Overall U.S. import prices fell 0.5% after a little-revised 0.1% May increase. The decline roughly matched Consensus expectations for a 0.7% drop. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 13 2011
U.S. JOLTS Rate Is Stable But Layoffs Rise
The Bureau of Labor Statistics reported yesterday in its Job Openings & Labor Turnover Survey (JOLTS) that the May job openings rate held steady m/m at 2.2%. The latest reading remained improved versus the recession low of 1.6% but [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 12 2011
U.S. Trade Deficit Surges With Oil Imports
The foreign trade deficit jumped in May to $50.2B from a little-revised $43.6B in April. Expectations had been for $43.6B according to Action Economics. The latest figure was the deepest since October, 2008 as imports jumped 2.6% with [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 11 2011
U.S. Consumer Credit Expansion Led By Credit Cards
Consumers seem to have retrieved their credit cards, earlier stowed in the dresser drawer. Reported late Friday, overall consumer credit rose $5.1B during May following a $5.7B April advance, revised down from $6.3B reported last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 08 2011
U.S. Payroll Gain Disappoints; Jobless Rate Increases, Again
The June employment painted a picture of a labor market with no forward momentum. Nonfarm payrolls rose just 18,000 following increases during the prior two months that were revised down by a collective 44,000. The latest gain [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 07 2011
Intuit Small Business Hiring Index Gains
Intuit compiles data covering small business employment. For June, its hiring index rose 0.2% versus May following seven months of 0.3% gain. These earlier increases raised the figure 3.2% y/y. The index fell 6.2% and 2.8% during all [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 07 2011
U.S. Claims for Jobless Insurance Retreat
In a sign of job market healing, initial claims for jobless insurance fell to 428,000 last week versus an upwardly revised 432,000 during the week prior, initially reported as 428,000. The latest compared to Consensus expectations for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 07 2011
ADP Reports Labor Market Healing
The labor market improved last month after being hit by a tsunami and floods. In its latest National Employment Report, the payroll processor Automatic Data Processing (ADP) and economic consultants Macroeconomic Advisers, indicated [...]
by:Tom Moeller
|in:Economy in Brief
- of1068Go to 599 page