According to the Autodata Corporation, unit sales of light vehicle sales during March rose 7.1% y/y to 16.40 million (SAAR), roughly the highest level since February 2007. On a month-to-month basis, sales improved 6.9%. Sales of light [...]
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| Apr 01 2014
U.S. Vehicle Sales Reach Expansion High
by:Tom Moeller
|in:Economy in Brief
Global| Apr 01 2014
U.S. Construction Spending Growth Pulled Down by Severe Winter Weather
The value of construction put-in-place eked out a 0.1% rise (8.7% y/y) during February following a revised 0.2% January slip, initially reported as a 0.1% gain. Recently weak performance lowered three-month growth in construction to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 01 2014
U.S. ISM Index Gains to Three-Month High
Moderate improvement in manufacturing sector activity continued last month following a harsh winter. The Composite Index of Manufacturing Sector Activity from the Institute for Supply Management improved to 53.7 during March from an [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 01 2014
U.S. Gasoline and Crude Oil Prices Firm
Petroleum prices resumed their upward movement last week. The price for a gallon of regular gasoline increased to $3.58 (-1.8% y/y) and was at the highest level since early September. Prices remained below the $3.78 per gallon peak [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 31 2014
Chicago Purchasing Managers Report Softer Economic Conditions
Chicago Purchasing Managers indicated that their March index of General Business Conditions fell to 55.9 from an unrevised 59.8 in February. The figure was the lowest since August and missed expectations for 60.0, according to the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 28 2014
U.S. Consumer Spending, Income and Saving Improve
Personal consumption expenditures increased 0.3% (3.0% y/y) during February after a 0.2% January gain, revised from 0.1%. A 0.2% rise had been expected in the Action Economics Forecast Survey. Clothing purchases led the improvement [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 27 2014
U.S. Pending Home Sales Continue to Fall From June High
The National Association of Realtors (NAR) reported that pending sales of single-family homes moved 0.8% lower during February, the eighth strait monthly decline. The 0.2% January drop was revised from a 0.1% uptick reported last [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 27 2014
U.S. Initial Unemployment Insurance Claims Decline to Another Four-Month Low
Initial claims fell sharply to 311,000 during the week ended March 22 from a little-revised 321,000 in the prior week. It was the lowest level since the last week of November. Expectations had been for 324,000 claims in the Action [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 27 2014
U.S. GDP Growth is Revised Higher; Corporate Profit Growth Improves Q/Q
Real GDP growth for Q4'13 was revised slightly higher to 2.6% (2.6% y/y) from 2.4% estimated last month. The Department of Commerce, in this third estimate, indicated that growth remained down sharply from 4.1% in the third quarter. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 26 2014
U.S. Mortgage Loan Applications Move Lower but Loan Size Jumps
The Mortgage Bankers Association reported that their total mortgage market index fell 3.5% last week (-56.1% y/y) following a revised 0.2% uptick. Applications were roughly two-thirds below the peak in September 2012. Applications to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 26 2014
U.S. Durable Goods Orders Rebound With Aircraft Bookings
New orders for durable goods can be quite volatile depending on what's happening in the transportation sector, which accounts for roughly one-third of the total. Total durable goods orders recovered 2.2% (0.2% y/y) last month [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 25 2014
U.S. Consumer Confidence Improves to Six-Year High
Consumers are emerging from a winter funk. Consumer confidence, as measured by the Conference Board, rose to an index reading of 82.3 this month (33.0% y/y) from February's little revised 78.3. The latest figure was the highest since [...]
by:Tom Moeller
|in:Economy in Brief
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