Initial claims for unemployment insurance dropped 36,000 to 271,000 last week following a downwardly revised 15,000 increase the prior week. Consensus expectations had been for 315,000 claims. The latest figure covers the survey [...]
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 19 2006Initial Jobless Insurance Claims Dropped Sharply
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 19 2006
Housing Starts Fell To Lowest Level Since March
Housing starts slumped 8.0% m/m last month to 1.933M units following a little revised 3.4% increase in November. The decline was to the lowest level since March but did not prevent starts for all of 2005 from rising 6.0% to a record [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 19 2006
Housing Starts Fell To Lowest Level Since March
Housing starts slumped 8.0% m/m last month to 1.933M units following a little revised 3.4% increase in November. The decline was to the lowest level since March but did not prevent starts for all of 2005 from rising 6.0% to a record [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 18 2006
Mortgage Applications Up With More Refinancing
The total number of mortgage applications rose 2.2% last week, the second up week following four consecutive weeks down. This year, mortgage applications are 2.1% higher than during December. Higher applications to refinance accounted [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 18 2006
Chain Store Sales Fell Last Week
Chain store sales fell 1.4% last week following the modest 0.1% rise which opened the new year according to the International Council of Shopping Centers (ICSC)-UBS survey. Solid increases throughout December pulled the yearend level [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 18 2006
CPI Fell Again, Unexpectedly; 2005 Strongest Since 2000
The consumer price index (CPI-U) fell 0.1% last month on the heels of the 0.6% drop during November. Consensus expectations had been for a 0.2% rise. Despite the latest declines, the 2005 average rise in prices of 3.4% was the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 18 2006
CPI Fell Again, Unexpectedly; 2005 Strongest Since 2000
The consumer price index (CPI-U) fell 0.1% last month on the heels of the 0.6% drop during November. Consensus expectations had been for a 0.2% rise. Despite the latest declines, the 2005 average rise in prices of 3.4% was the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 17 2006
Industrial Output Gain Led By High Tech
Overall industrial output rose last month by 0.6% following an upwardly revised 0.8% increase during November. For the second month, the gain exceeded Consensus expectations which had been for a 0.5% rise. For all of 2005, output rose [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 17 2006
Empire State Index Slipped
The January Empire State Index of General Business Conditions reversed all of the prior month's gain and fell 6.16 points to 20.12. Consensus expectations for the factory sector index had been for a lesser decline to 22. The figures [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 17 2006
Empire State Index Slipped
The January Empire State Index of General Business Conditions reversed all of the prior month's gain and fell 6.16 points to 20.12. Consensus expectations for the factory sector index had been for a lesser decline to 22. The figures [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 13 2006
U.S. Business Inventory Accumulation Steady
Total business inventories rose 0.5% in November. The gain followed a 0.4% October increase that was revised upward and it was squarely in the 0.4-0.5% range of the last four months. The increases raised slightly the ratio of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 13 2006
PPI Rise Doubled Expectations
The Producer Price Index for Finished Goods doubled Consensus expectations for a 0.4% increase and posted a 0.9% gain in December. It was the strongest increase in four months and lifted the year to year rise to 4.9%, the strongest [...]
by:Tom Moeller
|in:Economy in Brief
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