The value of construction put in place rose about as expected in November, but the figures for October were revised up sharply due to raised estimates of residential construction. In constant 1996 dollars, overall construction [...]
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| Jan 03 2003Construction Spending Up Slightly
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 02 2003
ISM Index Above 50
The ISM Composite Index of manufacturing sector activity rose more than expected last month. The index moved above 50 for the first month since August. The rise was in line with the improvement in the Philadelphia Fed and Empire State [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 31 2002
Chain Store Sales Up
Chain store sales rose during Christmas week. The 2.1% w/w gain was the third consecutive weekly rise according to the BTM-UBSW survey. The late month surge in sales finally recouped a sharp decline early in the month and pulled [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 30 2002
Chicago Purchasing Agents' Index Fell
The Chicago Purchasing Managers Index of Business activity fell more than expected in December. Consensus estimates were for a reading of 53.0. The decline ran counter to the moderate improvement in the Philadelphia Fed and the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 27 2002
New Home Sales Rose
Sales of new single family homes were slightly stronger than expected last month. Sales rose 5.7% from October when sales were revised up slightly. Consensus expectations were for a 1.000 Mil. sales rate. Sales were mixed across the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 26 2002
Initial Jobless Insurance Claims Dropped
Initial claims for unemployment insurance fell much more than expected last week. Claims in the prior week were revised slightly higher. Seasonal adjustment difficulties have contributed to the erratic behavior of initial claims in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 24 2002
Durable Goods Orders Fell Unexpectedly
Durable goods orders last month fell unexpectedly and the gain in October was revised lower. Consensus expectations had been for a 0.6% rise. Orders for nondefense capital goods fell sharply, reversing most of the sharp October gain [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 23 2002
Personal Income Moderate, Spending Firm
Personal income (4.3% AR, YTD) rose slightly more than expected last month. It was the fourth consecutive 0.3% monthly gain in income. Growth in wage and salary disbursements has been relatively firm recently, up 0.4% last month and [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 20 2002
3Q GDP Growth Revised Little
Real GDP last quarter was little revised, as expected. Component revisions also were largely technical. Year to date growth in real GDP has been 3.4% (AR). The previously reported strong growth in corporate profits after tax was [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 19 2002
Initial Jobless Insurance Claims Remained High
Initial claims for unemployment insurance fell less than expected last week from the elevated level of the week prior. Claims in the prior week were revised slightly higher. The latest figure is for the survey period for December [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 18 2002
U.S. Trade Deficit Improved
The U.S. foreign trade deficit improved more than expected in October. September's deficit was revised lower due to lessened imports. Consensus expectations had been for a October deficit of $36.5B. Declines in exports and imports [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 17 2002
CPI Weak, As Expected
The Consumer Price Index (CPI-U) rose just 0.1% last month. The gain was as expected. Excluding food and energy, prices also rose as expected and the rise was equal to the YTD average. Tobacco prices (-0.0%) fell for the second [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 1062 page