Initial unemployment insurance claims slipped 2,000 to 313,000 last week after a 6,000 rise the prior week that was upwardly revised, slightly. Consensus expectations had been for 315,000 claims. 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| Jul 06 2006Initial Claims for Unemployment Insurance Fell
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 05 2006
U.S. Vehicle Sales Up a Bit
US light vehicle sales in June rose 1.3% m/m to 16.30M units and recaptured a piece of the prior month's 3.9% drop, according to the Autodata Corporation. Consensus expectations had been for sales of 16.4M units. Overall light truck [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 05 2006
ADP Nat'l Employment Report Indicates Strength in June
The Nat'l Employment Report published by ADP, the payroll processors for many employers, indicated that private nonfarm payrolls in June rose 368,000. The rise was the strongest increase in the brief history of the survey. For the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 05 2006
Chain Store Sales Fell Again, Gasoline Prices Rose
The International Council of Shopping Centers (ICSC)-UBS reported that chain store sales fell another 0.7% last week following a 0.4% slip the prior period. Sales for all of June fell 0.4% from the May average which fell 0.4% from [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 05 2006
Chain Store Sales Fell Again, Gasoline Prices Rose
The International Council of Shopping Centers (ICSC)-UBS reported that chain store sales fell another 0.7% last week following a 0.4% slip the prior period. Sales for all of June fell 0.4% from the May average which fell 0.4% from [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 03 2006
U.S. Construction Spending Off Again
The value of construction put in place fell another 0.4% in May following a little revised 0.2% slip during April. Consensus expectations had been for a 0.2% gain and revisions to the data extended back to January 2003. Lower [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 03 2006
ISM Index Disappointing Again in June, but Orders Up
The June Composite Index of factory sector activity reported by the Institute of Supply Management (ISM) slipped to 53.8 from 54.4 the month prior. Consensus expectations had been for a slight increase to 55.0. During the last twenty [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 03 2006
ISM Index Disappointing Again in June, but Orders Up
The June Composite Index of factory sector activity reported by the Institute of Supply Management (ISM) slipped to 53.8 from 54.4 the month prior. Consensus expectations had been for a slight increase to 55.0. During the last twenty [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 30 2006
U.S. Consumers' Spirits Rose Further as Inflation Expectations Fell
Consumer sentiment during all of June improved 7.3% from the prior month to 84.9 according to the University of Michigan. The increase recovered most of a 9.5% slump during May, built on the rise that was reported earlier and exceeded [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 30 2006
U.S. Personal Income Firm, Prices Tame
Personal income rose 0.4% last month following an upwardly revised 0.5% gain during April. The May increase doubled Consensus expectations for a 0.2% rise. The PCE chain price index rose an expected 0.4% and reflected a 4.6% (30.5% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 30 2006
U.S. Personal Income Firm, Prices Tame
Personal income rose 0.4% last month following an upwardly revised 0.5% gain during April. The May increase doubled Consensus expectations for a 0.2% rise. The PCE chain price index rose an expected 0.4% and reflected a 4.6% (30.5% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 29 2006
Fed Funds Rate Increased to 5.25%
The Federal Open Market Committee raised the target interest rate for Federal funds 25 basis points to 5.25% at today's meeting. This seventeenth 25 basis point increase since June of 2004 was the result of a unanimous decision. The [...]
by:Tom Moeller
|in:Economy in Brief
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