Last week initial claims for unemployment insurance again ticked up, by 4,000 to 372,000 following the prior week's 6,000 decline. Consensus expectations had been for claims to total 370,000 last week. The four week moving 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| May 29 2008U.S. Initial Claims for Jobless Insurance Ticked Up
by:Tom Moeller
|in:Economy in Brief
- Global| May 29 2008
U.S. 1Q'08 GDP Revised Up Slightly, Profits Rose
U.S. real GDP growth during 1Q'08 was revised slightly higher to 0.9%, as expected. The rise followed a 4Q '07 increase of 0.6% and, together, the figures still are the weakest since near the end of the recession year of 2001. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 29 2008
U.S. 1Q'08 GDP Revised Up Slightly, Profits Rose
U.S. real GDP growth during 1Q'08 was revised slightly higher to 0.9%, as expected. The rise followed a 4Q '07 increase of 0.6% and, together, the figures still are the weakest since near the end of the recession year of 2001. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 28 2008
U.S. Chain Store Sales Weak Again
The International Council of Shopping Centers reported that chain store sales were unchanged last week after declines during four of the prior five weeks.
by:Tom Moeller
|in:Economy in Brief
- Global| May 28 2008
U.S. Gasoline Prices Near $4.00 per Gallon, Crude Oil Doubled
The retail price for a gallon of regular gasoline increased nearly fifteen cents last week to $3.94 per gallon, according to the U.S. Department of Energy survey.So far this year gasoline prices have risen nearly one dollar. [...]
by:Tom Moeller
|in:Economy in Brief
April new orders for durable manufactured goods dipped 0.5% after slipping a little revised 0.3% during March. Consensus expectations had been for a 1.1% decline in April. Outsized weakness in orders for transportation equipment [...]
by:Tom Moeller
|in:Economy in Brief
April new orders for durable manufactured goods dipped 0.5% after slipping a little revised 0.3% during March. Consensus expectations had been for a 1.1% decline in April. Outsized weakness in orders for transportation equipment [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 27 2008
Consumer Confidence in May Fell Unexpectedly Hard
For May, the Conference Board reported that consumer confidence fell by 8.9% m/m which was roughly double the decline registered in April. The decline also doubled the consensus expectation for a 4.5% drop. The May shortfall left [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 27 2008
U.S. New Home Sales & Prices Recovered in April
Sales new single family homes recovered 3.3% to 526,000, but the March decline of 11.0% was revised deeper from an initial indication of an 8.5% drop. Sales were down 62.1% from their July 2005 peak. An April sales level of 527,000 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 27 2008
Case-Shiller Home Price Index Declined Again
The S&P/Case-Shiller Composite 20 home price index fell 2.2% m/m in March, continuing a decline of about that magnitude during each of the prior four months. This index of U.S. home prices has fallen in every month since its peak in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 27 2008
Case-Shiller Home Price Index Declined Again
The S&P/Case-Shiller Composite 20 home price index fell 2.2% m/m in March, continuing a decline of about that magnitude during each of the prior four months. This index of U.S. home prices has fallen in every month since its peak in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 23 2008
U.S. Existing Home Sales % Decline Eased
The National Association of Realtors reported that April sales of existing homes fell 1.0% m/m to 4.89M. The decline was to the lowest level in the nine year history of the series and it was about as expected. Total sales include [...]
by:Tom Moeller
|in:Economy in Brief
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