The number of mass layoff events rose 3.2% in November for the fifth increase in the last six months. That was enough to lift the number of layoff events to the highest level of 2006. During the last ten years there has been a [...]
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| Dec 21 2006Mass Layoffs Up
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 21 2006
Chicago Fed Nat'l Activity Index Negative
The National Activity Index (CFNAI) from the Federal Reserve Bank of Chicago remained negative in November at -0.26. The figure was negative for the fifth month in the last seven. The three-month moving average of the CFNAI fell to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 21 2006
U.S. Leading Economic Indicators Edged Up
According to the Conference Board, the composite index of leading economic indicators edged up 0.1% last month, the same as during October which was downwardly revised. The increase in November marked the third consecutive monthly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 21 2006
Initial Unemployment Insurance Claims Rose
Initial unemployment insurance claims increased 9,000 last week to 315,000 and reversed half of the revised decline during the prior week. The increase matched Consensus expectations. The latest figure covers the December survey [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 21 2006
US 3Q GDP Growth Revised Lower
U.S. real GDP growth last quarter was revised down to 2.0% (AR). The estimate had started at 1.6% then was raised to 2.2% last month and compared to Consensus expectations for no change at 2.2%. The rise in GDP last quarter was the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 21 2006
US 3Q GDP Growth Revised Lower
U.S. real GDP growth last quarter was revised down to 2.0% (AR). The estimate had started at 1.6% then was raised to 2.2% last month and compared to Consensus expectations for no change at 2.2%. The rise in GDP last quarter was the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 20 2006
Mortgage Applications Reversed Gain
In a complete reversal of the prior week's gain, the total number of mortgage applications fell 10.2% last week after the 11.5% jump during the prior period, according to the Mortgage Bankers Association. Purchase applications fell [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 20 2006
Mortgage Applications Reversed Gain
In a complete reversal of the prior week's gain, the total number of mortgage applications fell 10.2% last week after the 11.5% jump during the prior period, according to the Mortgage Bankers Association. Purchase applications fell [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 19 2006
Gasoline Prices Up Again
Pump prices for regular unleaded gasoline rose three cents last week to an average $2.32 per gallon. That left this month's average price for gasoline up seven cents from the November average of $2.23. The spot market (NY harbor) [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 19 2006
Weekly Chain Store Sales Rose Again
According to the International Council of Shopping Centers (ICSC)-UBS, chain store sales last week rose again by 1.6% after the prior period's 1.0% gain. Despite these increases which recovered about all of a collapse in sales which [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 19 2006
NAHB Housing Market Index Slipped
The Composite Housing Market Index from the National Association of Home Builders' (NAHB) slipped in December to 32 and gave back half of last month's improvement. The index, therefore, remained down 5.9% in the fourth quarter versus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 19 2006
November PPI Gain the Largest Since 1974
The producer price index for finished goods surged 2.0% last month and far surpassed Consensus expectations for a 0.6% rise. It was the largest one month increase since 1974 and reflected higher energy & nonenergy prices. The core PPI [...]
by:Tom Moeller
|in:Economy in Brief
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