During December the number of mass layoff events rose another 7.8%, according to BLS data, and that countered a 1.3% November decline.These specific layoff incidents are called "mass layoffs" because they involve 50 or more initial [...]
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| Jan 24 2008Mass Layoffs Higher Still
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 24 2008
Mass Layoffs Higher Still
During December the number of mass layoff events rose another 7.8%, according to BLS data, and that countered a 1.3% November decline.These specific layoff incidents are called "mass layoffs" because they involve 50 or more initial [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 24 2008
Existing Home Sales Lowest Since 1998, Prices Off 10% Since Peak
According to the National Association of Realtors, sales of existing single family homes slipped 2.0% during December after a very slight 0.7% uptick in November. The decline was to the lowest level since 1998 and since the sales peak [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 24 2008
Low U.S. Initial Claims for Jobless Insurance: Doubts About Hiring Slowdown
Initial claims for jobless insurance remained unexpectedly low last week. A 1,000 w/w decline followed sharp declines during the prior three weeks which now have totaled 15.7% since the high one month ago. The latest level was the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 24 2008
Existing Home Sales Lowest Since 1998, Prices Off 10% Since Peak
According to the National Association of Realtors, sales of existing single family homes slipped 2.0% during December after a very slight 0.7% uptick in November. The decline was to the lowest level since 1998 and since the sales peak [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 23 2008
Chicago Fed National Activity Index Remained Negative
The National Activity Index (CFNAI) from the Federal Reserve Bank of Chicago during December, at -0.91, was negative for the fifth consecutive month after having been negative for virtually all of last year. The three month moving [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 23 2008
U.S. Chain Store Sales Move Sideways
Chain store sales last week recovered 0.7% after a 0.9% decline during the prior period, according to the International Council of Shopping Centers (ICSC)-UBS.
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 23 2008
U.S. Chain Store Sales Move Sideways
Chain store sales last week recovered 0.7% after a 0.9% decline during the prior period, according to the International Council of Shopping Centers (ICSC)-UBS.
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 22 2008
FOMC Takes Aggressive Action
After an unscheduled meeting, the Federal Open Market Committee today lowered the Federal funds rate by seventy-five basis points to 3.50%. It was the largest cut in the rate since October 1984, followed thereafter by moves either in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 22 2008
FOMC Takes Aggressive Action
After an unscheduled meeting, the Federal Open Market Committee today lowered the Federal funds rate by seventy-five basis points to 3.50%. It was the largest cut in the rate since October 1984, followed thereafter by moves either in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 18 2008
U.S. Leading Economic Indicators Down Again
The Conference Board reported that the December composite index of leading economic indicators fell 0.2% after an unrevised 0.4% decline during November. A 0.1% decline had been expected. For all of last year the leaders fell 0.2% and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 18 2008
Michigan Consumer Sentiment Highest in Four Months
For early January, the University of Michigan's consumer sentiment index recovered 6.6% m/m to 80.5, the highest level since October.The increase was only the second in eight months and it beat expectations for a continued decline to [...]
by:Tom Moeller
|in:Economy in Brief
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