Initial claims for unemployment insurance rose 43,000 to 364,000 last week following a deepened 10,000 decline the week prior. Consensus expectations had been for 333,000 claims. The increase probably was influenced by the [...]
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 06 2005Initial Unemployment Insurance Claims Rose Sharply
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 05 2005
Total Mortgage Applications Down Sharply
Mortgage applications virtually dried up during the latest week according to the Mortgage Bankers Association (MBA) Survey. A 10.6% decline during the last week of 2004 capped off several weeks of decline, dropped total applications [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 05 2005
Challenger Layoff Count Rose Further
According to Challenger, Gray & Christmas, job cut announcements reported in December rose 4.3% from November and ended the year up 17.2% from a year earlier. Despite these gains, total job cut announcements in 2004 fell 15.9% versus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 05 2005
ISM Non-Manufacturing Index Up Again
The Business Activity Index for the non-manufacturing sector rose last month for the third straight period to 63.1 from 61.3 in November according to the Institute for Supply Management. Consensus expectations had been for little [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 05 2005
U.S. Light Vehicle Sales Spurred by Incentives
Unit sales of light vehicles jumped 12.3% to 18.40M in December, the first m/m gain in three months. The jump was to the highest selling rate in over two years. Consensus expectations had been for sales of 16.9M. Sales of light trucks [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 05 2005
U.S. Light Vehicle Sales Spurred by Incentives
Unit sales of light vehicles jumped 12.3% to 18.40M in December, the first m/m gain in three months. The jump was to the highest selling rate in over two years. Consensus expectations had been for sales of 16.9M. Sales of light trucks [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 04 2005
Chain Store Sales Up a Little Further
Dec 04 Nov 04 Dec 03 M/M Dif Y/Y Dif 2003 2002 2001 ZEW (Percent balance) 13.9 31.3 67.2 -17.2 -53.3 36.4 45.3 2.8 Oct 04 Sep 04 Oct 03 M/M % Y/Y % 2003 2002 2001 Harmonized CPI (2000=100) 107.0 106.6 104.9 0.38 2.00 104.5 103.4 103.0 Q3 04 Q2 O4 Q3 04 Q/Q Dif Y/Y Dif 2003 2002 2001 Employment (Thousands) 38390 38371 38294 15 96 38316 38699 38923 by:Tom Moeller
|in:Economy in Brief
- Global| Jan 04 2005
Chain Store Sales Up a Little Further
Chain store sales added 0.2% to the 2.7% surge during Christmas week, according to the International Council of Shopping Centers (ICSC)-UBS survey. The addition of a high sales level to the average raised the December figure 0.5% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 04 2005
US Factory Sector: New & Unfilled Orders Surged
Factory orders surged 1.2% last month, although the advance report of a 1.6% jump in durables orders was revised down somewhat. The advance report of a 1.8% surge in nondefense capital goods orders less aircraft was revised to 0.8%. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 04 2005
US Factory Sector: New & Unfilled Orders Surged
Factory orders surged 1.2% last month, although the advance report of a 1.6% jump in durables orders was revised down somewhat. The advance report of a 1.8% surge in nondefense capital goods orders less aircraft was revised to 0.8%. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 04 2005
US Factory Sector: New & Unfilled Orders Surged
Factory orders surged 1.2% last month, although the advance report of a 1.6% jump in durables orders was revised down somewhat. The advance report of a 1.8% surge in nondefense capital goods orders less aircraft was revised to 0.8%. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 03 2005
U.S. Construction Spending Slipped in November
The total value of construction put in place slipped 0.4% in November versus the Consensus expectation for a 0.5% rise. Private residential building activity fell 0.6% due to a 0.7% (+10.7% y/y) decline in new single family building. [...]
by:Tom Moeller
|in:Economy in Brief
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