The Conference Board's Consumer Confidence Index in October unexpectedly reversed improvement during the prior two months. The overall index declined 4.9% to 97.6 but remained up 3.7% y/y. The consensus expectation was for a level of [...]
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 27 2015U.S. Consumer Confidence Retreats to Three-Month Low
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 27 2015
U.S. Durable Goods Orders Decline Is Broad-Based
New orders for durable goods fell 1.2% during September (-3.0% y/y) following a 3.0% August drop, revised from -2.0%. Expectations had been for a 1.0% decline in the Action Economics Forecast Survey. During the last ten years, there [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 26 2015
U.S. New Home Sales Weaken but Prices Rebound
Recent housing market data are throwing off mixed signals. On the heels of Thursday's report that existing home sales in September neared a nine-year high, today's indication that new single-family home sales fell 11.5% last month to [...]
by:Tom Moeller
|in:Economy in Brief
The Federal Reserve Bank of Dallas indicated that production in the Texas Manufacturing Outlook Survey strengthened this month to the firmest point since December. It was up meaningfully following modest firming in September. Moving [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 26 2015
U.S. New Home Sales Weaken but Prices Rebound
Recent housing market data are throwing off mixed signals. On the heels of Thursday's report that existing home sales in September neared a nine-year high, today's indication that new single-family home sales fell 11.5% last month to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 23 2015
Kansas City Federal Reserve Factory Sector Index Improves
The Federal Reserve Bank of Kansas City reported that regional manufacturing sector business activity remained roughly stable during October. That was improved as the Composite index of 10th District factory sector activity of -1 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 22 2015
U.S. Existing Home Sales Rebound as Prices Fall Again
Sales of existing homes increased 4.7% (8.8% y/y) during September to 5.550 million and recouped the August decline to 5.300 million, revised from 5.310 million. The latest figure beat expectations for 5.35 million sales in the Action [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 22 2015
U.S. Existing Home Sales Rebound as Prices Fall Again
Sales of existing homes increased 4.7% (8.8% y/y) during September to 5.550 million and recouped the August decline to 5.300 million, revised from 5.310 million. The latest figure beat expectations for 5.35 million sales in the Action [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 22 2015
U.S. Leading Economic Index Declines
The Conference Board's Leading Economic Index declined 0.2% during September following two months of remaining unchanged. The August figure was revised from 0.1%. The Action Economics Forecast Survey had anticipated no change in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 22 2015
U.S. Existing Home Sales Rebound as Prices Fall Again
Sales of existing homes increased 4.7% (8.0% y/y) during September to 5.550 million and recouped the August decline to 5.300 million, revised from 5.310 million. The latest figure beat expectations for 5.35 million sales in the Action [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 22 2015
U.S. Existing Home Sales Rebound as Prices Fall Again
Sales of existing homes increased 4.7% (8.0% y/y) during September to 5.550 million and recouped the August decline to 5.300 million, revised from 5.310 million. The latest figure beat expectations for 5.35 million sales in the Action [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 22 2015
Chicago Fed National Activity Index Suggests Moderate Economic Growth
The Chicago Federal Reserve reported that its National Activity Index (CFNAI) during September remained fairly constant at -0.37. The last two months were down sharply, however, from July. For Q3 as a whole, the index remained steady [...]
by:Tom Moeller
|in:Economy in Brief
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