The Federal Reserve Bank of Dallas reported that its general activity index of factory sector activity in Texas remained slightly negative in October. The figure at -1.5, however, was improved versus the low of -34.6 in January. 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
Global| Oct 31 2016Dallas Fed Factory Sector Index Improves
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 31 2016
Chicago Purchasing Managers Index Declines Sharply
The Chicago Purchasing Managers Business Barometer Index fell to 50.6 during October following an unrevised increase to 54.2 during September. The latest was the lowest level since May. The figure compared to expectations for 53.8 in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 31 2016
U.S. Personal Spending Rebounds Along With Income
Consumer spending recovered last month following a brief pullback. Personal consumption expenditures increased 0.5% (3.7% y/y) after a 0.1% dip during August. The gain matched expectations in the Action Economics Forecast Survey. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 28 2016
U.S. Employment Cost Index Increases at Steady Rate
The employment cost index for civilian workers increased 0.6% (2.2% y/y) during Q3'16 for the third straight quarter. The rise matched expectations in the Action Economics Forecast Survey. Wages and salaries increased 0.5% (2.4% y/y) [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 28 2016
U.S. GDP Growth Firms; Exports & Inventories Strengthen
Economic growth improved to 2.9% (1.5% y/y) during Q3'16 following a 1.4% Q2 rise. It was the strongest increase in two years. A 2.5% rise had been expected in the Action Economic Forecast Survey. Improvement in the foreign trade [...]
by:Tom Moeller
|in:Economy in Brief
The Federal Reserve Bank of Kansas City reported that regional manufacturing sector business activity was unchanged at 6 during October. That represented improvement, however, versus negative readings registered back to early last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 27 2016
U.S. Pending Home Sales Rebound
The National Association of Realtors (NAR) reported that pending home sales increased 1.5% during September following a 2.5% August decline, revised from -2.4%. These sales are reported as an index with 2001=100. The September value [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 27 2016
U.S. Initial Unemployment Claims Fall
Initial claims for unemployment insurance declined to 258,000 (-2.6% y/y) during the week ended October 22 following a rise to 261,000 in the week prior, revised from 260,000. The four-week moving average of claims rose to 253,000, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 27 2016
U.S. Durable Goods Orders Ease in September
New orders for durable goods slipped 0.1% (+1.6% y/y) during September after a 0.3% August rise, revised from zero change. A 0.2% gain had been expected in the Action Economics Forecast Survey. Despite the latest decline, downward [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 26 2016
U.S. New Home Sales & Prices Recover
Sales of new single-family homes increased 3.1% (29.8% y/y) during September to 593,000 (AR) following an 8.6% August decline to 575,000, revised from 609,000. Sales of 604,000 had been expected in the Action Economics Forecast [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 26 2016
U.S. Mortgage Loan Applications Fall
The Mortgage Bankers Association reported that its total Mortgage Market Volume Index declined 4.1% last week (+17.9% y/y) following a 0.6% gain. Applications to purchase fell 6.9% (+8.7% y/y) and were 12.0% below the June high. [...]
by:Tom Moeller
|in:Economy in Brief
The Federal Reserve Bank of Philadelphia reported that its October Index of Nonmanufacturing Sector Activity at the company level was little changed at 16.3, the lowest level since July 2015. It remained down sharply versus 53.9 in [...]
by:Tom Moeller
|in:Economy in Brief
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