Initial filings for unemployment insurance fell to 389,000 last week versus an upwardly revised 391,000 the prior period. Consensus expectations had been for 370,000 claims. The Labor Department indicated that last week 75,000 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| Oct 13 2005Initial Jobless Insurance Claims Slipped
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 13 2005
Import Prices Surged Again
The 2.3% rise in import prices last month more than doubled Consensus expectations for a 1.0% increase. Surprising was a 1.2% gain in nonpetroleum prices that was a record for any one month. Petroleum prices also were strong and the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 13 2005
U.S. Trade Deficit Deeper Due to Oil
Higher oil prices caused the U.S. foreign trade deficit to deepen in August to $59.0B from a July deficit of $58.0B which was little revised. Consensus expectations had been for a slightly deeper August deficit of $59.5B. Imports of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 13 2005
U.S. Trade Deficit Deeper Due to Oil
Higher oil prices caused the U.S. foreign trade deficit to deepen in August to $59.0B from a July deficit of $58.0B which was little revised. Consensus expectations had been for a slightly deeper August deficit of $59.5B. Imports of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 12 2005
Mortgage Applications Continued Lower
The total number of mortgage applications fell last week by 2.6%. It was the third consecutive weekly decline, according to the Mortgage Bankers Association, and lowered applications 21.7% versus the weekly peak in early June. Lower [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 12 2005
Mortgage Applications Continued Lower
The total number of mortgage applications fell last week by 2.6%. It was the third consecutive weekly decline, according to the Mortgage Bankers Association, and lowered applications 21.7% versus the weekly peak in early June. Lower [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 11 2005
Chain Store Sales Up Slightly Last Week
Chain store sales added 0.2% last week to the prior week's 0.6% jump, according to the International Council of Shopping Centers (ICSC)-UBS survey. Though sales have risen during the past three successive weeks, the level in early [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 11 2005
Small Business Optimism Again Slipped Moderately
The index of small business optimism from the National Federation of Independent Business (NFIB) fell another 0.9% in September following a 0.2% decline the month earlier. Hurricanes Katrina and Rita drastically cut expectations for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 11 2005
Small Business Optimism Again Slipped Moderately
The index of small business optimism from the National Federation of Independent Business (NFIB) fell another 0.9% in September following a 0.2% decline the month earlier. Hurricanes Katrina and Rita drastically cut expectations for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 10 2005
OECD Leaders Signal Further Growth
The Leading Index of the Major 7 OECD economies rose for the third consecutive month in August following four months of decline. The 0.1% gain followed increases of 0.5% during the prior two months and the leaders' six month growth [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 10 2005
OECD Leaders Signal Further Growth
The Leading Index of the Major 7 OECD economies rose for the third consecutive month in August following four months of decline. The 0.1% gain followed increases of 0.5% during the prior two months and the leaders' six month growth [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 07 2005
Decline in U.S. Payrolls Dampened
Non-farm payrolls declined 35,000 in September. The decline very much reflected the effects of Hurricane Katrina, then Hurricane Rita which made landfall during the week the employment surveys were taken. The m/m decline in payrolls [...]
by:Tom Moeller
|in:Economy in Brief
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