The downtrend in unemployment appears intact. Initial claims for unemployment insurance fell to 391,000 last week and reversed most of the prior week's increase to 413,000. The earlier week's figure was revised up slightly 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| Feb 24 2011U.S. Initial Claims For Jobless Insurance Reverse Earlier Increase
by:Tom Moeller
|in:Economy in Brief
Global| Feb 24 2011U.S. Durable Goods Orders Surge Due To Aircraft
Volatility is the keyword for recent bookings in most categories of the durable goods factory sector, but the trend remains positive. Stronger orders for aircraft & parts were behind the advance report of a 2.7% jump in January [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 23 2011U.S. Existing Home Sales Jump; Prices Near 10-Year Low
For the fifth month in the last six, the National Association of Realtors reported a rise in existing home sales. Despite severe winter storms, the January gain of 2.7% to 5.560M from a revised 5.220M in December was to the highest [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 23 2011U.S. Mortgage Applications Rebound With Dip In Interest Rates
The Mortgage Bankers Association reported that overall mortgage applications rebounded 13.2% last week and recovered most of the prior two weeks' decline. Nevertheless, applications remained near the lowest level since 2008. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 23 2011U.S. Crude Oil Costs Spike: "It's the Libyans"
That was the cry in the 1985 hit movie "Back to the Future." Today, it's no joke. Now the risk that political turmoil in the country will involve others in the region has oil markets concerned about supply. As a result, crude oil [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 22 2011U.S. Consumer Confidence Increases To Highest Since 2008
Consumers must like the combination of low price inflation, low interest rates and an improved job market. The Conference Board reported that the February index of consumer confidence rose 8.6% to 70.4 from an upwardly revised 64.8 in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 22 2011U.S. Case-Shiller Home Price Index Gives Back Earlier Gains
During the last several months, home prices resumed the decline that was the norm during the prior three years. Since the April 2006 peak, prices have fallen 31.2%. For December, the seasonally adjusted Case-Shiller 20-City Home Price [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 22 2011Philadelphia Fed Index Reaches Highest Since 2004
The factory sector's recovery built stronger legs this month, according to the Philadelphia Federal Reserve Bank's index of regional factory sector activity. The figure rose to 35.9 from an unrevised 19.3 in January and it was the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 18 2011U.S. Labor Force Participation Falls
The slack job market has caused participation in the labor force to fall to its lowest since 1984. Last year, of the eligible population of 237.8 million, the participation rate fell to 64.7%. Of the 85.5 million who weren't in the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 17 2011U.S. Initial Claims For Unemployment Insurance Increase
Initial claims for unemployment insurance increased to 410,000 and made up most of the prior week's decline. The earlier week's figure was revised up slightly to 385,000 from 383,000. Nevertheless, claims remained close to the lowest [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 17 2011U.S. CPI Is Strong With Higher Energy & Food Costs; Core Pricing Firms
Pricing power improved last month -- everywhere. The Consumer Price Index rose 0.4% in January, the same as in December, but generally higher than prior months. Consensus expectations were for a 0.3% rise. Core price inflation bumped [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 16 2011U.S. Industrial Production Falls With Less Utility Output While Factories Produce More
U.S. industrial production slipped 0.1% in January after an upwardly revised 1.2% December increase, initially reported as 0.8%. The latest decline disappointed Consensus expectations for a 0.5% gain. The January figure followed an [...]
by:Tom Moeller
|in:Economy in Brief
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