Worries about the prospects for the economy persisted late this month, but they eased somewhat from earlier. The University of Michigan's full-month reading of July consumer sentiment came in at 66.0 versus the mid-month reading 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| Jul 24 2009Full-Month Michigan ConsumerSentiment Reading Eases
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 23 2009
U.S. Claims For Jobless Insurance Tick Higher Last Week Yet Remain Off Peak
Positive growth in jobs may not have yet begun, but the rate of job loss has slowed. The Labor Department's report on employment insurance claims indicated a moderate, and expected, 30,000 increase in initial claims. The gain to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 23 2009
U.S. Claims For Jobless InsuranceTick Higher Last Week Yet Remain Off Peak
Positive growth in jobs may not have yet begun, but the rate of job loss has slowed. The Labor Department's report on employment insurance claims indicated a moderate, and expected, 30,000 increase in initial claims. The gain to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 22 2009
U.S. Weekly Mortgage Applications Rise But Trend Is Weak
In its latest report, the Mortgage Bankers Association indicated that mortgage applications overall increased 2.8% but that was the weakest increase in the last three weeks. As a result, applications remained near the lowest level [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 22 2009
U.S. Weekly Mortgage Applications Rise But Trend Is Weak
In its latest report, the Mortgage Bankers Association indicated that mortgage applications overall increased 2.8% but that was the weakest increase in the last three weeks. As a result, applications remained near the lowest level [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 21 2009
Chicago Fed Index Indicates That Economic Activity Improved Further
The Chicago Federal Reserve Bank reported that its June National Activity Index rose further to the highest level since July of last year. The reading of -1.80 was up from May and both figures were higher than the series' low of -3.99 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 21 2009
Weekly Chain Store Sales Remain Flat
The strengthening of chain store sales around the July 4th holiday faded as the month progressed. During the latest week, chain store sales rose 0.5% but that recovered just half of the prior week's decline. So far in July sales have [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 21 2009
Gasoline Prices Fall Again
Recession in the U.S. economy prompted a lower retail price for gasoline last week. The pump price for regular gasoline fell to an average $2.46 per gallon, down twenty-three cents from last month's high. Nevertheless, prices remained [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 21 2009
Chicago Fed Index Indicates That Economic Activity Improved Further
The Chicago Federal Reserve Bank reported that its June National Activity Index rose further to the highest level since July of last year. The reading of -1.80 was up from May and both figures were higher than the series' low of -3.99 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 21 2009
Chicago Fed Index Indicates ThatEconomic Activity Improved Further
The Chicago Federal Reserve Bank reported that its June National Activity Index rose further to the highest level since July of last year. The reading of -1.80 was up from May and both figures were higher than the series' low of -3.99 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 20 2009
U.S. Leading Indicators Rise For A Third Month Signaling Economic Recovery
The Conference Board's Index of Leading Economic Indicators continued to suggest a pending economic recovery. The June composite index of leaders rose another 0.7% after gains of 1.3% (upwardly revised) and 1.0% during the prior two [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 20 2009
U.S. Unemployment Rates Rise Sharply And Rapidly For All
The current recession has been harshest in the labor market. Employers look to cut costs as top-line revenues falter. Though the June unemployment rate of 9.5% was below the 1981-82 peak of 10.8%, the speed of the rate's recent [...]
by:Tom Moeller
|in:Economy in Brief
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