- Jobless claims on very slight downward trend.
- Continuing claims are rising gradually.
- The insured unemployment rate inched up to 1.3%, the first rise since March 2023.
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
USA| Nov 21 2024U.S. Unemployment Insurance Claims Rose 6,000 in Latest Week
by:Tom Moeller
|in:Economy in Brief
USA| Nov 20 2024U.S. Mortgage Applications & Interest Rates Increased Last Week
- Both purchase & refinancing loan applications rise.
- Mortgage rates move higher.
- Average loan size declines.
by:Tom Moeller
|in:Economy in Brief
USA| Nov 20 2024U.S. Energy Price Changes Vary in Latest Week
- Gasoline prices slip. Crude oil prices decline but natural gas prices rise.
- Demand for gasoline increases moderately.
- Inventories of gasoline fall but crude oil inventories rise.
by:Tom Moeller
|in:Economy in Brief
- Single-family starts tumble as two hurricanes strike.
- Regional movement is mixed.
- Building permits ease to three-month low.
by:Tom Moeller
|in:Economy in Brief
USA| Nov 19 2024U.S. E-Commerce Sales Strengthen in Q3’24
- Online share of total sales remains high.
- Nonstore sales gains continue to moderate.
- General merchandise & electronics sales strengthen y/y.
by:Tom Moeller
|in:Economy in Brief
USA| Nov 18 2024U.S. Home Builders Index Improves in November
- Overall reading is highest since April.
- Each component improves.
- Regional indexes are mixed.
by:Tom Moeller
|in:Economy in Brief
USA| Nov 15 2024U.S. Business Inventories and Sales Increase in September
- Inventories increase is led by retailers.
- Sales improvement also paced by retailers.
- Inventory/sales ratio is steady.
by:Tom Moeller
|in:Economy in Brief
- September sales increase is doubled.
- Most sales categories’ sales are little changed.
- Motor vehicle sales surge while gasoline purchases edge higher.
by:Tom Moeller
|in:Economy in Brief
USA| Nov 14 2024U.S. PPI & Its Core Index Firm in October
- Price increase in core goods strengthens.
- Gain in services prices picks up.
- Food & energy prices fall.
by:Tom Moeller
|in:Economy in Brief
USA| Nov 13 2024U.S. CPI Continues to Rise Moderately in October
- Services price gain slips with lessened increase in medical care prices.
- Core goods prices hold steady.
- Food prices moderate as energy costs hold steady.
by:Tom Moeller
|in:Economy in Brief
USA| Nov 13 2024U.S. Energy Prices are Mixed in Latest Week
- Gasoline prices ease. Crude oil prices increase, but natural gas prices fall.
- Demand for gasoline increases moderately.
- Inventories of gasoline & crude oil slip.
by:Tom Moeller
|in:Economy in Brief
- Expectations for economy & sales improve.
- Job applicants plunge but employment plans steady.
- Prices and price expectations are little changed.
by:Tom Moeller
|in:Economy in Brief
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