The Conference Board Consumer Confidence Index during July increased 0.2% (6.2% y/y) to 127.4 from 127.1, initially reported as 126.4. The July level exceeded expectations for 126.0 in the Action Economics Forecast Survey. The level [...]
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| Jul 31 2018U.S. Consumer Confidence Improves Slightly
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 31 2018
U.S. Personal Spending and Income Increase Firmly
Personal consumption expenditures rose 0.4% (5.1% y/y) during June after a 0.5% May increase, revised from 0.2%, and a 0.6% April gain, altered from 0.5%. A 0.4% increase had been expected in the Action Economics Forecast Survey. Real [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 30 2018
Texas Factory Sector Index Eases
The Federal Reserve Bank of Dallas indicated in its Texas Manufacturing Outlook Survey that the General Business Activity Index declined to 32.3 during July after increasing to 36.5 in June. The latest level remained near the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 30 2018
U.S. Pending Home Sales Rebound
The National Association of Realtors (NAR) reported that pending sales of existing homes increased 0.9% during June following two months of decline. Sales rose to an index level of 106.9 (2001=100) which remained down 2.5% y/y. Sales [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 27 2018
U.S. GDP Growth Accelerates
Real gross domestic product grew 4.1% at an annual rate during Q2'18 (2.8% y/y) following a 2.2% rise during Q1, upwardly revised from 2.0%. It was the strongest increase since Q2'14. The increase matched expectations in the Action [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 27 2018
U.S. GDP Growth Lowered; Corporate Profits Strengthened
U.S. economic growth in Q1'18 moderated slightly more than earlier estimates. Real gross domestic product grew at a 2.0% annual rate, revised from 2.2% reported last month and 2.3% estimated initially. The rise followed 2.9% growth [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 27 2018
U.S. GDP Growth Accelerates
Real gross domestic product grew 4.1% at an annual rate during Q2'18 (2.8% y/y) following a 2.2% rise during Q1, upwardly revised from 2.0%. It was the strongest increase since Q3'14. The increase matched expectations in the Action [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 27 2018
U.S. GDP Growth Accelerates
Real gross domestic product grew 4.1% at an annual rate during Q2'18 (2.8% y/y) following a 2.2% rise during Q1. It was the strongest increase since Q2'14. The increase matched expectations in the Action Economics Forecast Survey. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 26 2018
Kansas City Federal Reserve Factory Index Deteriorates
The Federal Reserve Bank of Kansas City reported that its index of regional manufacturing sector business activity declined to 23 in July, the lowest level since March. The index remained higher than its low of -12 in December 2015. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 26 2018
U.S. Durable Goods Orders Rebound, Powered by Aircraft
Improvement in factory sector activity continues. New orders for durable goods strengthened 1.0% (3.2% y/y) during June after declines in the prior two months. The 0.3% May shortfall was revised from -0.6%. The latest gain fell short [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 25 2018
U.S. New Home Sales Decline While Prices Plummet
Strength in the new housing market gave way to weakness last month. New single-family home sales declined 5.3% (+2.4% y/y) to 631,000 (SAAR) during June and more-than-reversed May's 3.9% increase to 666,000, revised from 689,000. It [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 25 2018
U.S. Mortgage Loan Applications Ease
The Mortgage Bankers Association reported that its total Mortgage Applications Index slipped 0.2% last week (-13.4% y/y) following a 2.5% decline during the prior week. The effective interest rate on a 15-year mortgage was little [...]
by:Tom Moeller
|in:Economy in Brief
- of1071Go to 241 page