Last week, initial claims for unemployment insurance rose to 455,000 from an unrevised level of 445,000 during the prior week. Except for a level at the beginning of last month which was raised by a program to locate and provide extra [...]
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| Sep 18 2008U.S. Initial Unemployment Insurance Claims Near The Highest Since 2002
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 17 2008
U.S. Current Account Deficit Slightly Deeper in 2Q'08
The US current account deficit deepened slightly last quarter to $183.1 billion from a revised $175.8 billion during 1Q. The 2Q deficit was slightly deeper than the Consensus expectation for a reading of $179.9 billion. As a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 17 2008
U.S. Housing Starts Lowest Since 1991
Housing starts fell hard again last month. The 6.2% m/m decline to 895,000 units (SAAR) followed a 12.4% drop during July which was revised slightly deeper. The August level was the lowest since 921,000 starts during January 1991. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 17 2008
U.S. Housing Starts Lowest Since 1991
Housing starts fell hard again last month. The 6.2% m/m decline to 895,000 units (SAAR) followed a 12.4% drop during July which was revised slightly deeper. The August level was the lowest since 921,000 starts during January 1991. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 16 2008
U.S. Home Builders' Survey Improved
The National Association of Home Builders reported that its September Housing Market Index (HMI) improved. The rise to 18 followed two months at 16, which were the lowest readings in the twenty three history of the index. The index is [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 16 2008
FOMC Left Funds Rate Again at 2.00%
As expected, the Federal Open Market Committee left the Federal funds rate unchanged today at 2.00%. The discount rate also was left unchanged at 2.25%. If the Fed had eased, it would have been in the name of boosting market [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 16 2008
U.S. Gasoline Prices Raised By Hurricane Ike
The pump price for a gallon of regular gasoline jumped nearly twenty cents last week to $3.85 per gallon due to the threat to refineries from Hurricane Ike, according to the U.S. Department of Energy survey. For all grades of gasoline [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 16 2008
U.S. CPI Fell With Gasoline Prices
The August consumer price index (CPI-U) fell 0.1%, according to the Bureau of Labor Statistics. The Consensus expectation was for no change. Despite the decline, the three-month rate of change remained elevated at 7.2%. That will fall [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 16 2008
U.S. CPI Fell With Gasoline Prices
The August consumer price index (CPI-U) fell 0.1%, according to the Bureau of Labor Statistics. The Consensus expectation was for no change. Despite the decline, the three-month rate of change remained elevated at 7.2%. That will fall [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 15 2008
U.S. Empire State Index Negative; Prices Paid The Weakest Since January
The Federal Reserve Bank of New York reported that its September index of manufacturing activity in the Empire State was again negative. At -7.41 the reading fell from a positive 2.77 in August. Following modest improvement from more [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 15 2008
U.S. Industrial Production Plummeted; Auto Output Plunged
August industrial production plummeted 1.2% following a little-revised 0.1% uptick during July. Consensus expectations had been for no change in output last month. The latest monthly decline was the largest since September 2005. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 15 2008
U.S. Industrial Production Plummeted; Auto Output Plunged
August industrial production plummeted 1.2% following a little-revised 0.1% uptick during July. Consensus expectations had been for no change in output last month. The latest monthly decline was the largest since September 2005. The [...]
by:Tom Moeller
|in:Economy in Brief
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