U.S. GDP declined 4.8% (SAAR) last quarter following a 2.1% Q4 2019 rise. A 3.8% fall had been expected in the Action Economics Forecast Survey. The decline was the first since Q1'14 and the largest since an 8.4% drop in Q4'08. The [...]
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
by:Tom Moeller
|in:Economy in Brief
U.S. GDP declined 4.8% (SAAR) last quarter following a 2.1% Q4 2019 rise. A 3.8% fall had been expected in the Action Economics Forecast Survey. The decline was the first since Q1'14 and the largest since an 8.4% drop in Q4'08. The [...]
by:Tom Moeller
|in:Economy in Brief
U.S. GDP declined 4.8% (SAAR) last quarter following a 2.1% Q4 2019 rise. A 3.8% fall had been expected in the Action Economics Forecast Survey. The decline was the first since Q1'14 and the largest since an 8.4% drop in Q4'08. The [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 29 2020FOMC Holds Fed Funds Rate Near Zero
The Federal Reserve left the target for the Fed funds rate in a range of 0.00% to 0.25% at today's meeting of the FOMC. In the Fed's press release, it stated "The Federal Reserve is committed to using its full range of tools to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 28 2020
U.S. Consumer Confidence Craters in April as Coronavirus Spreads
• Appraisal of current conditions plunges but expectations rise. • Buying plans falter. • All age groups exhibit less confidence. The Conference Board's Index of Consumer Confidence declined 26.9% (-32.7% y/y) during April to a level [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 28 2020
Advance U.S. Trade Deficit in Goods Deepens in March
• Exports and imports decline sharply. • Export weakness was broad-based. • Import declines were mixed amongst product categories. The advance estimate of the U.S. trade deficit in goods grew to $64.22 billion in March from $59.88 in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 28 2020
Advance U.S. Trade Deficit in Goods Deepens in March
The advance estimate of the U.S. trade deficit in goods grew to $$64.22 billion in March from $59.88 in February. A $53.6 billion deficit had been expected in the Action Economics Forecast Survey. Exports of goods declined 6.7% m/m [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 28 2020
Advance U.S. Trade Deficit in Goods Deepens in March
The advance estimate of the U.S. trade deficit in goods grew to $$64.22 billion in March from $59.88 in February. A $53.6 billion deficit had been expected in the Action Economics Forecast Survey. Exports of goods declined 6.7% m/m [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 27 2020
Texas Manufacturing Sector Activity Continues to Decline in April
• COVID-19 depresses business. • Outlook worsens. The Federal Reserve Bank of Dallas reported in its Texas Manufacturing Outlook Survey for April that the Current General Business Activity Index weakened to a record low of -73.7 from [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 27 2020
Texas Manufacturing Sector Activity Continues to Decline in April
• COVID-19 depresses business. • Outlook worsens. The Federal Reserve Bank of Dallas reported in its Texas Manufacturing Outlook Survey for April that the Current General Business Activity Index weakened to a record low of -73.7 from [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 24 2020
U.S. Durable Goods Orders & Shipments Fall
• Durable goods orders weaken 14.4% in March, the sharpest decline since August 2014. • Commercial aircraft orders plummet. • Inventories surge. Manufacturers' orders for durable goods fell 14.4% last month (-16.0% y/y) following a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 24 2020
U.S. Durable Goods Orders & Shipments Fall
• Durable goods orders weaken 14.4% in March, the sharpest decline since August 2014. • Commercial aircraft orders plummet. • Inventories surge.
by:Tom Moeller
|in:Economy in Brief
- of1074Go to 166 page