Industrial production fell 0.3% (4.2% AR, YTD) in August versus Consensus expectations for a 0.2% rise. July figures were revised up from a 0.2% gain reported last month. Output in the manufacturing sector fell 0.1% (3.9% AR, YTD). [...]
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| Sep 17 2002Industrial Production Fell Unexpectedly
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 16 2002
Business Inventory Accumulation Strong
Total business inventories rose strongly in July versus consensus expectations for only a slight gain. It was the third consecutive month of accumulation following over a year during which inventories were shed. Retail inventories, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 13 2002
August Retail Sales Firm
Retail sales rose more than expected in August. It was the fourth firm rise in the last five months. Year to date sales are up at a 5.6% annual rate. July sales were little revised. Sales of motor vehicle and parts dealers again were [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 12 2002
Import Prices Rose As Expected
Prices for imported commodities rose moderately last month. The rise was right on Consensus expectations. July figures were little revised. Petroleum import prices rose for the seventh month this year. Petroleum prices have risen [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 11 2002
ECRI Future Inflation Gauge Rose
The Future Inflation Gauge (FIG) published by the Economic Cycle Research Institute (ECRI) rose for the fifth consecutive month in August. The indicator's six-month growth rate of 18.8% was the strongest growth rate in the record of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 10 2002
Chain Store Sales Up Modestly
Chain store sales rose 0.1% during the first week of September according to the BTM-UBSW survey. Sales during Labor Day week posted the second rise versus the prior period following three consecutive down weeks. Sales began the month [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 09 2002
Consumer Credit Growth Strong
Consumer credit outstanding rose $10.8B (0.6%) in July, a bit more than expected. June figures were revised up slightly. So far this year, consumer credit outstanding has risen at a 5.9% annual rate. Revolving credit grew more [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 06 2002
August Payrolls Rose Modestly
Payrolls rose about as expected last month, up 39,000. July's gain in payrolls was revised up to 67,000 from just 6,000 reported last month, but June's gain was lowered to 34,000 from 66,000. Payrolls are about unchanged YTD. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 05 2002
U.S. Light Vehicle Sales Firm
Unit sales of light vehicles were stronger than expected last month as 0% financing plans continued to spur buying. Vehicle sales rose 3.2% versus July and were up 13.1% YTD. Total vehicle sales were the highest since October of last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 04 2002
Construction Spending Unchanged in July
The value of construction put in place was about as expected in July, unchanged from June which was revised up. The revision to June was slight and due to a lessened decline in nonresidential construction. May's sharp decline was [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 03 2002
ISM Index Unchanged in August
The ISM Composite Index of manufacturing sector activity was slightly weaker than expected last month, unchanged from July at 50.5. Consensus expectations were for a modest rise to 51.7. New orders, production and the vendor [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 30 2002
Personal Income Weak, Spending Up
Personal income rose less than expected last month. June's gain was revised slightly higher. Consensus expectations were for a 0.3% gain. A decline in wage and salary disbursements (2.6% AR, YTD), the second this year, was broadly [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 1068 page