The Labor Department indicated that initial claims for unemployment insurance increased unexpectedly for the second consecutive week to 576,000 after an upwardly revised rise to 561,000. The four-week moving average of claims, which [...]
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| Aug 20 2009Extended Benefits Dip
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 20 2009
Extended Benefits Dip
The Labor Department indicated that initial claims for unemployment insurance increased unexpectedly for the second consecutive week to 576,000 after an upwardly revised rise to 561,000. The four-week moving average of claims, which [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 19 2009
UK's CBI Orders Continue To Lag
The Confederation of British Industry continues to see very weak orders in both its domestic and export surveys. Both total and export orders are in the lower ten percentile of their historic range of values. Stocks of goods with a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 19 2009
Weekly Chain Store Sales Remain Flat Versus July
Encouraging indications that consumer spending was improving faded during August. During the latest week, chain store sales fell 0.9% and that was enough to leave the August average unchanged from July after that month's 1.0% increase [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 19 2009
U.S. Weekly Mortgage Applications Rise But Trend Remains Weak
The Mortgage Bankers Association indicated that mortgage applications overall increased 5.6% last week; however, that only made up for a 3.5% decline during the prior period. Together, the latest figures left applications for all of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 19 2009
U.S. Weekly Mortgage ApplicationsRise But Trend Remains Weak
The Mortgage Bankers Association indicated that mortgage applications overall increased 5.6% last week; however, that only made up for a 3.5% decline during the prior period. Together, the latest figures left applications for all of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 18 2009
Gasoline Price Increase Stabilizes After A One Dollar Rise This Year
The strong rise this year in gasoline prices stabilized last week. The pump price for regular gasoline held at an average $2.64 per gallon and that was down a nickel from last month's high. Despite this w/w stability, however, prices [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 18 2009
U.S. Housing Starts Dip During July After Two Months Of Strong Gains Multi-family Starts Revisit Record Low
After two months of fairly strong increases, the momentum in the housing sector paused last month. Housing starts dipped to 581,000 (AR) units versus 587,000 during June, a level which was revised up slightly from the initial report. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 18 2009
U.S. PPI Posts Broad-Based Decline With Energy Prices Leading The Fall
Pricing power reflected the weakness in the U.S. economy last month as the PPI for finished goods fell 0.9%. That reversed half of the 1.8% jump during June and left prices down 6.4% from the year ago level. The decline also was [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 18 2009
U.S. PPI Posts Broad-Based Decline With Energy Prices Leading The Fall
Pricing power reflected the weakness in the U.S. economy last month as the PPI for finished goods fell 0.9%. That reversed half of the 1.8% jump during June and left prices down 6.4% from the year ago level. The decline also was [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 17 2009
U.S. Home Builders' Index Seems To Be Crawling Out of the Cellar
According to the National Association of Home Builders, the housing market continued its recent improvement during August. Their Composite Housing Market Index rose to 18 which equaled the highest level since June of last year, and it [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 17 2009
Empire State Factory Conditions Improve To Highest Level in Two Years
For August, the Federal Reserve Bank of New York reported that its Empire State Factory Index of General Business Conditions was positive and at its highest level in two years. The latest reading of 12.08 compares to sharply negative [...]
by:Tom Moeller
|in:Economy in Brief
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