Manufacturers' orders declined 1.4% (+6.6% y/y) during January following a 1.8% December rise, revised from 1.7% reported initially. Total factory orders excluding transportation improved 0.4% (6.5% y/y), the weakest rise since June. [...]
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| Mar 06 2018U.S. Factory Orders Reverse Course
by:Tom Moeller
|in:Economy in Brief
Global| Mar 06 2018U.S. Energy Prices Remain Firm
Retail gasoline prices of $2.56 per gallon last week (9.4% y/y) were little-changed versus the prior two weeks, up from the early-2016 lows near $1.76 per gallon. Prices have moved roughly sideways since September. Haver Analytics [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 05 2018U.S. ISM Nonmanufacturing Index Eases
Business activity in the service sector scaled back last month, but remained strong. The Composite Index of Nonmanufacturing Sector Activity from the Institute for Supply Management (ISM) eased to 59.5 during February from an [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 02 2018FIBER: Industrial Commodity Price Index Touches New High
The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) rose 1.4% during the last four weeks (6.8% y/y) as factory sector production around the world continued to improve. The [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 01 2018U.S. Light Vehicle Sales Ease Further
Total sales of light vehicles during February slipped 0.5% (-2.2% y/y) to 17.08 million units (SAAR), following a 3.9% January fall to 17.16 million units, according to the Autodata Corporation. Last month's sales compared to an 18.57 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 01 2018ISM Factory Sector Index Strengthens to 2004 High
The ISM manufacturing sector composite index jumped to 60.8 during February from 59.1 in January. It was the highest level since May 2004. A level of 58.6 had been expected in the Action Economics Forecast Survey. During the last ten [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 01 2018U.S. Personal Spending Growth Eases as Savings Are Rebuilt
Individuals felt the need to bolster savings account balances and pared back spending during January. Additions to savings were aided by tax cuts. Personal consumption expenditures gained 0.2% (4.4% y/y) during January following an [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 28 2018Chicago Purchasing Managers Index Weakens Again
The Chicago Purchasing Managers Business Barometer for February declined to 61.9 following a fall to 65.7 in January. It was the lowest index level since August 2017 and well below December's peak of 67.8. A decline to 64.0 had been [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 28 2018U.S. GDP Growth Is Slightly Lessened
In the second estimate of Q4'17 real GDP, the U.S. economy grew 2.5% (AR), slightly less than 2.6% estimated in the advance report. That followed a 3.2% Q3 rise and a 3.1% Q2 gain. Growth picked up, however, from Q4-to-Q4 to 2.5%, its [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 27 2018U.S. Consumer Confidence Firms
The Conference Board Consumer Confidence Index increased 1.9% during January (12.4% y/y) to 125.4 following a 4.3% December decline to 123.1, revised from 122.1. A level of 123.2 had been expected in the Action Economics Forecast [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 27 2018U.S. Consumer Confidence Strengthens to 2000 High
The Conference Board Consumer Confidence Index increased 5.2% during February (12.7% y/y) to 130.8, following a 1.0% January rise to 124.3, revised from 125.4. It was the highest index level since November 2000. A level of 126.7 had [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 27 2018U.S. FHFA House Price Index Increases
The Federal Housing Finance Agency's (FHFA) index of U.S. house prices rose 6.5% y/y during December. The rate of increase has improved from 5.3% in 2014 and contrasts to the house price deflation from 2008 to 2011. In the month of [...]
by:Tom Moeller
|in:Economy in Brief
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