The job market may be on the mend.Initial claims for jobless insurance dropped a sharp 37,000 to 391,000,000 last week from 428,000 (revised from 423,000). The latest figure was the lowest since the first week of April and was far [...]
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| Sep 29 2011U.S. Initial Unemployment Insurance Claims Are Lowest Since April
by:Tom Moeller
|in:Economy in Brief
Global| Sep 28 2011U.S. Chain Store Sales Slip Further
In a another sign of a consumer that is hesitant to consume, chain store sales continue lethargic. Last week, they slipped 0.2% (+2.7% y/y) and added to the prior period's 1.2% drop. So far in September sales are down 1.2% from August [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 28 2011U.S. Mortgage Applications Jump With Refinancing
Low interest rates continue to generate strength in the mortgage loan market. The total index of mortgage applications jumped 9.3% last week to 767.9 (March 16, 1990 = 100). That followed a 10.0% rise during the prior week which was [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 28 2011U.S. Durable Goods Orders Are Flat
New orders for durable goods slipped an expected 0.1% last month following a little-revised 4.1% jump during July. Last month's figure reflected strong crosscurrents amongst the components, certainly in the transportation sector where [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 27 2011U.S. Consumer Confidence Is Stable M/M But Still Low
The Conference Board's September Index of Consumer Confidence showed stability following the harrowing August decline. The index actually ticked up slightly m/m to 45.4 following the nearly one-quarter August downdraft, which was [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 27 2011U.S. Case-Shiller Home Price Index Remains Unchanged
The seasonally adjusted Case-Shiller 20-City Home Price Index remained unchanged during July for the third straight month, June was revised up from a 0.1% slip reported earlier. Despite their recent stability, prices during the last [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 27 2011U.S. Gasoline Prices Move To Their Lowest Since February
Slacked demand and lower crude oil prices helped lower retail gasoline prices last week to their least since late-February. The pump price for a gallon of regular gasoline fell another nine cents to $3.51. Prices were down forty-five [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 26 2011U.S. New Home Sales Slip But Prices Plummet
The sales market for new homes remained weak last month, and that greatly depressed home pricing power. Total new home sales decreased 2.3% to 295,000 after a downwardly revised 0.3% July slip. The latest was the fourth consecutive [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 26 2011U.S. Chicago Fed Index Returns To Negative Territory
Economic momentum, one way or the other, is something the U.S. economy can't muster. The Chicago Fed's National Activity Index (CFNAI) was a negative 0.43 in August. That followed a marginally positive July number which was revised up [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 23 2011U.S. Leading Indicators Continue Upward But Momentum Slows
The Conference Board reported that its Leading Economic Indicators index rose 0.3% during August following July's revised 0.6% increase, initially set at 0.5%. The gain beat the Consensus forecast for a 0.1% rise. Despite the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 22 2011FHFA Reports Further Improvement In Its Home Price Index
The U.S. House Price Index from the Federal Housing and Finance Agency (FHFA) now has risen for four consecutive months. The July increase of 0.8% followed a 0.7% June rise. The gain lessened the y/y decline to 3.2%. The greatest [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 22 2011U.S. Initial Claims For Unemployment Insurance Decline
Initial claims for jobless insurance retreated to 423,000 last week from 432,000 during the week prior (revised from 428,000). The figure roughly matched Consensus expectations for 422,000 claims, according to the Action Economics [...]
by:Tom Moeller
|in:Economy in Brief
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