Sales of new single-family homes fell 12.0% to 1.125M last month from an upwardly revised level in October. Consensus estimates had been for a decline in sales to 1.200M. Sales fell throughout the country except in the South where [...]
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| Dec 23 2004New Home Sales Softer
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 23 2004
U.S. Consumer Sentiment Rose Throughout December
The University of Michigan's reading of consumer sentiment for the full month of December rose to 97.1, up 4.6% from November. Consensus expectations had expected 95.7. During the last ten years there has been a 75% correlation [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 23 2004
U.S. Personal Income Rebounded
Personal income rose a moderate 0.3% last month following the unrevised 0.6% spurt in October. Consensus expectations had been for a 0.2% rise. The gain in wages & salaries eased to 0.2% (+4.6% y/y) after the 0.6% surge in October. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 23 2004
U.S. Durable Goods Orders Rebounded
Durable goods orders rebounded 1.6% following a 0.9% decline in October that was twice the advance indication. The Consensus expectation had been for a 0.6% gain. Less transportation, orders fell 0.8% (+11.8% y/y) and added to a 1.3% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 23 2004
U.S. Durable Goods Orders Rebounded
Durable goods orders rebounded 1.6% following a 0.9% decline in October that was twice the advance indication. The Consensus expectation had been for a 0.6% gain. Less transportation, orders fell 0.8% (+11.8% y/y) and added to a 1.3% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 22 2004
Total Mortgage Applications Unchanged but Refi's Rose
According to the Mortgage Bankers Association (MBA) Survey, mortgage applications were about unchanged last week but applications to refinance rose 5.7% after several weeks of decline. Refi's rose despite an uptick in the effective [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 22 2004
US 3Q GDP Revised Up
The "final" revision to US real GDP last quarter indicated 4.0% (AR) growth, up from the preliminary reading of 3.9% and the advance report of 3.7% growth. The Consensus expectation had been for no change at 3.9% growth. The decline [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 22 2004
US 3Q GDP Revised Up
The "final" revision to US real GDP last quarter indicated 4.0% (AR) growth, up from the preliminary reading of 3.9% and the advance report of 3.7% growth. The Consensus expectation had been for no change at 3.9% growth. The decline [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 21 2004
Chicago Fed Nat'l Activity Index Down: Above Trend Growth Still Suggested
The November National Activity Index (CFNAI) compiled by the Federal Reserve Bank of Chicago fell to 0.12 from a downwardly revised 0.49 the prior month. The figure continues to suggest that the U.S. economy is expanding. The decline [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 21 2004
Chain Store Sales Helped by Lower Gasoline Prices
Chain store sales rose another 1.6% last week and added to the 1.2% rise during the first full week of December, according to the International Council of Shopping Centers (ICSC)-UBS. The average of sales so far in December is 1.2% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 21 2004
Chicago Fed Nat'l Activity Index Down: Above Trend Growth Still Suggested
The November National Activity Index (CFNAI) compiled by the Federal Reserve Bank of Chicago fell to 0.12 from a downwardly revised 0.49 the prior month. The figure continues to suggest that the U.S. economy is expanding. The decline [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 20 2004
Leading Indicators Gain First in Six Months
The Composite Index of Leading Economic Indicators from the Conference Board rose in November by 0.2%, the first up month since May. October was downwardly revised to a 0.4% decline. The Consensus expectation had been for a 0.1% [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 1000 page