Initial claims for unemployment insurance dipped 1,000 last week to 319,000 from the prior week's unrevised level. Consensus expectations had been for a decline to 315,000. The figure included about 10,000 disaster-related [...]
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| Sep 08 2005Initial Claims for Unemployment Insurance Dipped
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 08 2005
Initial Claims for Unemployment Insurance Dipped
Initial claims for unemployment insurance dipped 1,000 last week to 319,000 from the prior week's unrevised level. Consensus expectations had been for a decline to 315,000. The figure included about 10,000 disaster-related [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 07 2005
Lower Rates Spurred Mortgage Applications
The total number of mortgage applications jumped 6.8% last week and recovered to the highest level since late July, according to the Mortgage Bankers Association. Mortgage applications to refinance surged 7.7% w/w to the highest level [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 07 2005
Chain Store Sales Flat
The International Council of Shopping Centers (ICSC)-UBS survey indicated that chain store sales were flat last week following four successive weeks of decline during August. The ICSC indicated that "The results for this past week [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 07 2005
2Q U.S. Productivity Revised Down
Non-farm labor productivity last quarter was revised down to 1.8% from 2.2%. Consensus expectations had been for 2.1% growth. Growth in output was lowered to 4.1% from 4.4% reported initially while hours worked were raised to 2.2% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 07 2005
2Q U.S. Productivity Revised Down
Non-farm labor productivity last quarter was revised down to 1.8% from 2.2%. Consensus expectations had been for 2.1% growth. Growth in output was lowered to 4.1% from 4.4% reported initially while hours worked were raised to 2.2% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 06 2005
ISM Non-Manufacturing Index Rebounded
The Institute for Supply Management reported that the Business Activity Index for the non-manufacturing sector rebounded in August from the prior month's decline and jumped 4.5 points to 65.0, the highest level since April of last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 06 2005
ISM Non-Manufacturing Index Rebounded
The Institute for Supply Management reported that the Business Activity Index for the non-manufacturing sector rebounded in August from the prior month's decline and jumped 4.5 points to 65.0, the highest level since April of last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 06 2005
ISM Non-Manufacturing Index Rebounded
The Institute for Supply Management reported that the Business Activity Index for the non-manufacturing sector rebounded in August from the prior month's decline and jumped 4.5 points to 65.0, the highest level since April of last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 02 2005
U.S. Vehicle Sales Slipped
US sales of light vehicles slipped 19.0% m/m to 16.79M last month, according to the Autodata Corporation, as the allure of manufacturers' successful employee price discount programs faded Sales of US made cars and trucks plummeted [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 02 2005
Before Katrina, U.S. Payrolls On An Up Trend
August non-farm payrolls rose 169,000. The gain was shy of Consensus expectations for a 190,000 increase but increases in both July and June were revised upward to 242,000 and 175,000, respectively. These job figures are the last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 02 2005
Before Katrina, U.S. Payrolls On An Up Trend
August non-farm payrolls rose 169,000. The gain was shy of Consensus expectations for a 190,000 increase but increases in both July and June were revised upward to 242,000 and 175,000, respectively. These job figures are the last [...]
by:Tom Moeller
|in:Economy in Brief
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