The current recession started over eighteen months ago and roughly eight billion dollars are being paid each month in unemployment benefits under state programs. For the jobless who have exhausted their unemployment benefits, recent [...]
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 09 2009U.S. Pays $8 Billion In Unemployment Benefits
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 08 2009
U.S. Mortgage Applications For Purchase Rise But Applications To Refinance Remain Low
The Mortgage Bankers Association latest report on mortgage applications provided further evidence that home purchases are recovering but that the refinancing boom is most assuredly over. Overall, mortgage applications recovered 10.9% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 08 2009
U.S. Mortgage Applications ForPurchase Rise But Applications To Refinance Remain Low
The Mortgage Bankers Association latest report on mortgage applications provided further evidence that home purchases are recovering but that the refinancing boom is most assuredly over. Overall, mortgage applications recovered 10.9% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 07 2009
Weekly Chain Store Sales Recover Around The Holiday
The Fourth of July seems to have prompted consumer spending this year. During the latest week, chain store sales ticked up all of 0.1%. That, however, was enough to pull the y/y change up to +0.5% after a y/y gain of 0.6% last week. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 07 2009
Gasoline Prices Decline As Economic Momentum Fades Further
The energy markets continued to reflect the recent and developing worry that forward momentum in the U.S. economy has faded. Yesterday, the cash market price for a gallon of regular gasoline fell to $1.71 versus the daily high of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 07 2009
Gasoline Prices Decline AsEconomic Momentum Fades Further
The energy markets continued to reflect the recent and developing worry that forward momentum in the U.S. economy has faded. Yesterday, the cash market price for a gallon of regular gasoline fell to $1.71 versus the daily high of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2009
U.S. Initial Unemployment Insurance Claims Continue To Move Sideways
Despite the week-to-week gyration, initial claims for unemployment insurance have moved sideways since April, trending slightly downward. Reported Thursday, claims edged down last week by 16,000 to 614,000 after an upwardly revised [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2009
U.S. ISM Nonmanufacturing Index Improves To The Highest Level Since Last September
The service sector continued to show signs of improvement during June. The Composite Index for the nonmanufacturing sector from the Institute for Supply Management (ISM) rose to 47.0 from an unrevised reading of 44.0 during May. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2009
U.S. ISM Nonmanufacturing IndexImproves To The Highest Level Since Last September
The service sector continued to show signs of improvement during June. The Composite Index for the nonmanufacturing sector from the Institute for Supply Management (ISM) rose to 47.0 from an unrevised reading of 44.0 during May. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 02 2009
U.S. Payrolls Decline Another 467,000 As Jobless Rate Increases To 9.5%
The Bureau of Labor Statistics indicated that the rate of job loss continued to moderate last month, just not by as much as had been anticipated. Nonfarm payrolls fell 467,000 during June after a 322,000 worker decline, revised from [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 02 2009
U.S. Light Vehicle Sales In June Hold A Steady, Sideways Movement
There's no breaking out from a sideways trend for sales of U.S. light vehicles. Certainly that was the case last month as unit vehicle sales slipped 2.3% during June to 9.69 million units (AR). That followed a 6.4% rise during May. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 02 2009
U.S. Light Vehicle Sales In JuneHold A Steady, Sideways Movement
There's no breaking out from a sideways trend for sales of U.S. light vehicles. Certainly that was the case last month as unit vehicle sales slipped 2.3% during June to 9.69 million units (AR). That followed a 6.4% rise during May. [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 721 page