Initial claims for unemployment insurance rose 30,000 to 335,000 last week and reversed the little revised 23,000 decline the prior week. Consensus expectations had been for a lesser increase to 311,000 claims. Hurricane 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| Nov 23 2005Initial Claims for Jobless Insurance Higher
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 23 2005
Help-Wanted Advertising Stable
The Conference Board's Index of Help-Wanted Advertising held at 38 in October versus the downwardly revised September level and 38 in August. The average level so far this year is 39. During the last ten years there has been a 62% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 23 2005
Mortgage Applications Fell Further
The total number of mortgage applications dropped 3.4% last week to the lowest level since January, according to the Mortgage Bankers Association. The decline pulled the average level in November 5.5% below October. Applications to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 23 2005
U.S. Consumer Sentiment Lifted Further By Drop in Oil Prices
The November reading of consumer sentiment from the University of Michigan rose 10.0% m/m to 81.6, adding a bit to the improvement through mid-month. Consensus expectations had been for a rise to 81.0. During the last ten years there [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 23 2005
U.S. Consumer Sentiment Lifted Further By Drop in Oil Prices
The November reading of consumer sentiment from the University of Michigan rose 10.0% m/m to 81.6, adding a bit to the improvement through mid-month. Consensus expectations had been for a rise to 81.0. During the last ten years there [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 22 2005
Gasoline Prices Fell In A Competitive Market
Last week, the US average retail gasoline price continued lower to $2.20 per gallon from $2.30 during the prior week and from $2.73 one month earlier. As of yesterday, the spot market price for gasoline was $1.44 per gallon and has [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 22 2005
Chain Store Sales Up
The International Council of Shopping Centers (ICSC)-UBS survey indicated that last week, chain store sales recovered more than all of the prior period's decline with a 1.0% jump. It was the second w/w jump that strong this month and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 22 2005
Chain Store Sales Up
The International Council of Shopping Centers (ICSC)-UBS survey indicated that last week, chain store sales recovered more than all of the prior period's decline with a 1.0% jump. It was the second w/w jump that strong this month and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 21 2005
Leading Economic Indicators Recovered
The Conference Board reported that the Composite Index of Leading Economic Indicators recovered 0.9% in October. The rise recouped virtually all of the index's declines since June. The breadth of one month gain amongst the 10 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 21 2005
Leading Economic Indicators Recovered
The Conference Board reported that the Composite Index of Leading Economic Indicators recovered 0.9% in October. The rise recouped virtually all of the index's declines since June. The breadth of one month gain amongst the 10 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 17 2005
Initial Claims for Jobless Insurance Lowest Since April
A 25,000 decline last week in initial claims for unemployment insurance to 303,000 followed a little revised 3,000 increase the prior week and dropped claims to the lowest level since mid-April. Consensus expectations had been for a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 17 2005
NAHB Housing Market Index Fell Hard
The National Association of Home Builders' (NAHB) Composite Housing Market Index fell a hard 11.8% in November to 60, the lowest level since May 2003. During the last twenty years the y/y change in the annual composite index has had [...]
by:Tom Moeller
|in:Economy in Brief
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