The trend toward improvement in the job market continued this month. The Labor Department indicated that initial claims for unemployment insurance held roughly steady w/w at 530,000. The figures are down moderately from an average of [...]
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| Oct 29 2009U.S. Weekly Initial Claims For Unemployment Insurance Hold Steady
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 29 2009
EU Indices Jump in October
The EU Commission indices made their eight largest advance Since October 1988 for the EU region as a whole. This boosted the overall index for the EU to the 46th percentile of range much closer to its midpoint but still 14% below its [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 29 2009
Q3 GDP Posts First Gain After More-Than Year Long Recession
The U.S. economy grew last quarter at hardly a barn-burning rate, but at least it was positive for the first time in over a year. Real GDP during 3Q'09 grew at an expected 3.5% annual rate after a 3.7% decline since late-2007. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 29 2009
Q3 GDP Posts First Gain AfterMore-Than Year Long Recession
The U.S. economy grew last quarter at hardly a barn-burning rate, but at least it was positive for the first time in over a year. Real GDP during 3Q'09 grew at an expected 3.5% annual rate after a 3.7% decline since late-2007. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 28 2009
U.S. New Home Sales Decline Though Prices Increase
The recovery in the housing market stuttered last month. Sales of new single-family homes fell during September following five consecutive months of increase. The seasonally adjusted annual sales rate of 402,000 followed a downwardly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 28 2009
U.S. Durable Goods Orders Rise, Continuing Firm Uptrend
The manufacturing sector's recovery appears intact. Durable goods orders recovered an expected 1.0% last month following declines during two of the prior three months. Moreover, the three-month rate of increase held at a firm 12.6% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 28 2009
U.S. Durable Goods Orders Rise,Continuing Firm Uptrend
The manufacturing sector's recovery appears intact. Durable goods orders recovered an expected 1.0% last month following declines during two of the prior three months. Moreover, the three-month rate of increase held at a firm 12.6% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 27 2009
Weekly Gasoline Prices Climb Toward 12-Month High
Gasoline prices rose to nearly their highest level in one year. The pump price for regular gasoline increased last week to $2.67 per gallon which was roughly the highest level since October of last year. Moreover, prices remain up [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 27 2009
U.S. Consumer Confidence Drops Again
Earlier gains in consumer confidence have flagged with the continued run-up in unemployment. The Conference Board indicated that consumer confidence during October fell 10.7% from September. The decline was the fourth in the last five [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 27 2009
Case-Shiller Home Price Index Increases For Third Consecutive Month
Home prices have firmed along with the improvement seen in home sales. The August S&P/Case-Shiller Home Price Composite Index of twenty metro-markets rose 1.0% from July following like gains during the prior two months. The monthly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 27 2009
Case-Shiller Home Price Index Increases For Third Consecutive Month
Home prices have firmed along with the improvement seen in home sales. The August S&P/Case-Shiller Home Price Composite Index of twenty metro-markets rose 1.0% from July following like gains during the prior two months. The monthly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 26 2009
National Association For Business Economics Indicates Demand, Profits and Employment Improved
The National Association For Business Economics (NABE) indicated in its latest Industry Survey that U.S. economic conditions showed broad-based improvement during the last three months. That gain was paced by improvement in unit [...]
by:Tom Moeller
|in:Economy in Brief
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