In October, the Index of Leading Indicators for the Major Seven OECD Countries fell slightly for the third straight month. The declines pulled the six-month growth rate down to 0.4%, its lowest since May 2003. During the last ten [...]
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 15 2004OECD Leaders Declined For Third Month
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 14 2004
FOMC Raised Funds Rate to 2.25%
The Federal Open Market Committee raised the target rate for federal funds by 25 basis points to 2.25%, as expected. The discount rate also was raised 25 basis points to 3.25%. The decision was unanimous. Today's press release from [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 14 2004
Small Business Optimism At 20 Year High
The Small Business Optimism Index for November published by the National Federation of Independent Business (NFIB) surged 3.7% to 107.7 in November, the highest level in twenty years. During the last ten years there has been a 68% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 14 2004
Manpower Index of US Hiring Intentions Remained Firm
The Manpower Employment Outlook Survey indicated continued improvement in U.S. hiring intentions in 1Q05. A seasonally adjusted net 21% of 16,000 employers expect to increase hiring activity and that was the highest level in four [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 14 2004
The Holiday Spirit Found? Chain Store Sales Recover
Chain store sales recovered 1.2% during the first full week of December following two weeks of sharp decline, according to the International Council of Shopping Centers (ICSC)-UBS. Despite the rise, sales so far in December are 1.9% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 14 2004
Industrial Production Up But Gains Slow
Industrial production rose 0.3% in November following a downwardly revised 0.6% rise the prior month. Consensus expectations had been for a 0.2% rise. Production in the factory sector rose 0.3% (4.7% y/y). Slower increases recently [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 14 2004
U.S. Trade Deficit a Deeper Than Expected Record in October
The U.S. foreign trade deficit deepened sharply to $55.5B in October, $4.5B deeper than September which was revised slightly shallower. Consensus expectations had been for a deficit of $52.4B. The latest deficit set a new record and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 14 2004
U.S. Trade Deficit a Deeper Than Expected Record in October
The U.S. foreign trade deficit deepened sharply to $55.5B in October, $4.5B deeper than September which was revised slightly shallower. Consensus expectations had been for a deficit of $52.4B. The latest deficit set a new record and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 13 2004
U.S. Inventories Rose Slightly
Total business inventories rose 0.2% in October following a downwardly revised, slight decline in September. Wholesale inventories jumped 1.1%. During the last ten years there has been a 63% correlation between the y/y change in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 13 2004
U.S. Retail Sales Up
US retail sales rose 0.1% in November versus expectations for a 0.1% decline and October sales were revised higher. In both months, total sales were held back by lower motor vehicle purchases which fell 1.3% in November for the third [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 13 2004
U.S. Retail Sales Up
US retail sales rose 0.1% in November versus expectations for a 0.1% decline and October sales were revised higher. In both months, total sales were held back by lower motor vehicle purchases which fell 1.3% in November for the third [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 10 2004
U.S. Consumer Sentiment Rebounded in December
The University of Michigan's mid-month reading of consumer sentiment rebounded in December to 95.7, up 3.1% from November. Consensus expectations had expected 93.5. During the last ten years there has been a 75% correlation between [...]
by:Tom Moeller
|in:Economy in Brief
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