A 2,000 increase in initial claims for unemployment insurance to 326,000 reversed only a piece of the prior week's revised 6,000 decline. Consensus expectations had been for 323,000 claims. The four-week moving average of 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| Nov 10 2005Initial Jobless Insurance Claims Remain Low
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 10 2005
U.S. Consumer Sentiment Lifted By Drop in Oil Prices
The preliminary reading of consumer sentiment in November from the University of Michigan rose 7.7% to 79.9, the highest level in three months. Consensus expectations had been for less of an improvement to 76.8. During the last ten [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 10 2005
Import Prices Declined
Import prices fell an expected 0.3% last month following the revised 2.3% spike in September. Petroleum prices were the source of weakness as they reversed more than half of the prior month's gain with a 4.4% drop. Crude oil prices [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 10 2005
Record U.S. Trade Deficit Suffered Triple Whammy
The combination of higher oil prices, higher gasoline imports and lost aircraft exports due to the Boeing strike pushed the September U.S. foreign trade deficit deeper to a record $66.1B from a little revised $59.2B in August. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 10 2005
Record U.S. Trade Deficit Suffered Triple Whammy
The combination of higher oil prices, higher gasoline imports and lost aircraft exports due to the Boeing strike pushed the September U.S. foreign trade deficit deeper to a record $66.1B from a little revised $59.2B in August. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 09 2005
Mortgage Applications Rose
Last week, the total number of mortgage applications recovered about half of the prior period's decline with a 2.3% rise according to the Mortgage Bankers Association. The modest increase followed weekly declines from June to October [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 09 2005
Mortgage Applications Rose
Last week, the total number of mortgage applications recovered about half of the prior period's decline with a 2.3% rise according to the Mortgage Bankers Association. The modest increase followed weekly declines from June to October [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 08 2005
JOLTS: U.S. Job Openings & Hires Up
The Bureau of Labor Statistics reported that the job openings rate, from the Job Openings & Labor Turnover Survey (JOLTS), rose in September to 2.7% from 2.5% in August. The job openings rate is the number of job openings on the last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 08 2005
Chain Store Sales Jumped As Gas Prices Fell Another Dime
Last week, chain store sales posted the largest gain since April according to the International Council of Shopping Centers (ICSC)-UBS survey. The 1.0% jump pulled the starting point for November sales 1.3% above the October average [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 08 2005
Small Business Optimism Up, Pricing Intentions Cool
The index of small business optimism from the National Federation of Independent Business (NFIB) jumped 3.7% in October, despite the devastation wreaked by three Hurricanes. The economic outlook brightened as 14% of firms expected the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 08 2005
Small Business Optimism Up, Pricing Intentions Cool
The index of small business optimism from the National Federation of Independent Business (NFIB) jumped 3.7% in October, despite the devastation wreaked by three Hurricanes. The economic outlook brightened as 14% of firms expected the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 07 2005
Challenger Layoffs Up Again in October, Trend Lower
Last week, Challenger, Grey & Christmas reported that job cut announcements in October rose for the second consecutive month. The 13.2% m/m rise to 81,301 nevertheless left the three month average of job cut announcements down 8.8% at [...]
by:Tom Moeller
|in:Economy in Brief
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