The September Business Activity Index for the non-manufacturing sector fell to 56.7 from 58.2 in August, reported the Institute for Supply Management. Consensus expectations had been for a moderate gain to 59.0. Since the series' [...]
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| Oct 05 2004ISM Non-manufacturing Index Down Unexpectedly
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 04 2004
US Factory Shipments & Inventories Strong
Shipments out of the US manufacturing sector surged another 1.1% in August pulling the total 13.4% ahead of last year. Strength has been widespread. Less the volatile transportation sector shipments rose 0.5% (14.1% y/y) after an [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 04 2004
Stronger Trucks Drove U.S. Light Vehicle Sales
Unit sales of light vehicles rose 5.5% m/m in September to a 17.51M selling rate, just under the year's high of 17.71M set back in May. Consensus expectations had been for sales of 16.7M. Sales of light trucks surged 7.7% m/m to the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 04 2004
Stronger Trucks Drove U.S. Light Vehicle Sales
Unit sales of light vehicles rose 5.5% m/m in September to a 17.51M selling rate, just under the year's high of 17.71M set back in May. Consensus expectations had been for sales of 16.7M. Sales of light trucks surged 7.7% m/m to the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 01 2004
U.S. Construction Spending Up
The total value of construction put in place rose a moderate 0.8% in August, twice the Consensus expectation for a 0.4% gain. Higher private residential building led the gain with a 1.7% spurt. New single family building jumped 2.1% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 01 2004
U.S. Consumer Sentiment Down
The University of Michigans consumer sentiment index for September fell 1.8% versus August to 94.2, was below Consensus expectations for 96.0 and indicated slippage through the month. During the last ten years there has been a 75% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 01 2004
Flat ISM Factory Index As Expected
The Purchasing Managers Composite Index (PMI) released by the Institute of Supply Management was about flat last month at 58.5 versus 59.0 in August. Consensus expectations had been for a reading of 58.5. For the third quarter the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 01 2004
Flat ISM Factory Index As Expected
The Purchasing Managers Composite Index (PMI) released by the Institute of Supply Management was about flat last month at 58.5 versus 59.0 in August. Consensus expectations had been for a reading of 58.5. For the third quarter the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 30 2004
Help-Wanted Advertising Remained Depressed
The National Index of Help-Wanted Advertising published by the Conference Board remained at 37 in August after the decline in July to the lowest level of the year. During the last ten years there has been a 91% correlation between the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 30 2004
Initial Claims for Jobless Insurance Again Raised by Hurricanes
Initial claims for unemployment insurance surged another 18,000 last week to 369,000 after a 15,000 gain the prior week. Consensus expectations had been for 335,000 claims. Prior years' figures were slightly revised. The US Labor [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 30 2004
Chicago Purchasing Agents' Index Rebounded
The Chicago Purchasing Managers Business Barometer for September recovered just over half of the prior month's decline with a 4.0 point gain to 61.3. Consensus expectations had been for a lesser rise to 57.5. During the last ten years [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 30 2004
U.S. Personal Income Up Moderately
Personal income grew a moderate 0.4% last month following the 0.2% uptick in July that was revised slightly up. Consensus expectations had been for a 0.5% increase. Wages & salaries rose 0.4% (+4.6% y/y) and earlier months' figures [...]
by:Tom Moeller
|in:Economy in Brief
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