The Index of Help-Wanted Advertising from the Conference Board fell to 33 in May from 35 the prior month and an average of 39 last year. The decline dropped the figure to its lowest level since July 1961. During the last ten years [...]
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| Jun 29 2006Help-Wanted Advertising Lowest Since 1961
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 29 2006
Initial Unemployment Insurance Claims Again Up Slightly
Initial unemployment insurance claims ticked up another 4,000 to 313,000 last week. The gain followed a 12,000 increase the prior week which was little changed. Consensus expectations had been for 305,000 claims. The four-week moving [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 29 2006
US GDP & Profits Revised Up for 1Q. Price Gain Easier
U.S. real GDP grew faster during the first quarter than estimated last month. The 5.6% (AR) annual rate of growth was upwardly revised from 5.3% and from the initial estimate of 4.8%. The revised figure matched Consensus expectations [...]
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
- Global| Jun 28 2006
Mortgage Applications Fell Hard, Rates Above 7%
The total number of mortgage applications fell a sharp 6.7% last week after a slight decline the prior week. The drop pulled the average number of applications 1.8% in June below the May average and applications were 32.0% below the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 28 2006
Mortgage Applications Fell Hard, Rates Above 7%
The total number of mortgage applications fell a sharp 6.7% last week after a slight decline the prior week. The drop pulled the average number of applications 1.8% in June below the May average and applications were 32.0% below the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 27 2006
Chain Store Sales Fell
The International Council of Shopping Centers (ICSC)-UBS reported that chain store sales fell 0.4% last week after having been unchanged the prior period. Sales in June are 0.2% below the May average which fell 0.4% from April. During [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 27 2006
Consumer Confidence Improved A Bit
Consumer confidence as reported by the Conference Board improved 1.0% in June to 105.7. The rise recovered a piece of the 4.6% May decline that was revised slightly shallower. It contrasted to Consensus expectations for a further [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 27 2006
U.S. Existing Home Sales Decline As Expected
Total existing home sales fell 1.2% during May to 6.670M following a little revised 2.2% decline during April. Consensus expectations had been for sales of 6.62M and the figures were reported by the National Association of Realtors. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 27 2006
U.S. Existing Home Sales Decline As Expected
Total existing home sales fell 1.2% during May to 6.670M following a little revised 2.2% decline during April. Consensus expectations had been for sales of 6.62M and the figures were reported by the National Association of Realtors. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 26 2006
New Home Sales Continued Firm
May new single family home sales continued unexpectedly firm and rose 4.6% m/m to 1.234 million (SAAR). The rise was third consecutive monthly increase and followed a 5.9% April gain that was little revised. Consensus expectations had [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 26 2006
New Home Sales Continued Firm
May new single family home sales continued unexpectedly firm and rose 4.6% m/m to 1.234 million (SAAR). The rise was third consecutive monthly increase and followed a 5.9% April gain that was little revised. Consensus expectations had [...]
by:Tom Moeller
|in:Economy in Brief
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