A rising level of inventories accompanied by modest final demand was the theme of last quarter's improved economic growth. Real GDP growth for Q3'13 was revised up to 3.6% (1.8% y/y) from 2.8%. Growth was the firmest since Q1'12 and [...]
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| Dec 05 2013
U.S. GDP Growth Boosted By More Inventory Accumulation
by:Tom Moeller
|in:Economy in Brief
Global| Dec 05 2013
U.S. GDP Growth Boosted By More Inventory Accumulation
A rising level of inventories accompanied by modest final demand was the theme of last quarter's improved economic growth. Real GDP growth for Q3'13 was revised up to 3.6% (1.8% y/y) from 2.8%. Growth was the firmest since Q1'12 and [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 04 2013
U.S. ADP Jobs Survey Unexpectedly Strengthens
Job growth recovered last month. The ADP/Moody's National Employment Report indicated a 215,000 rise (1.9% y/y) in non-farm private sector jobs during November, the firmest increase in a year. Consensus expectations were for a 175,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 04 2013
U.S. ISM Nonmanufacturing Index Falls Sharply
The Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) declined sharply during November to 53.9 after an increase to 55.4 in October. The latest was the lowest level since June and [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 04 2013
U.S. New Home Sales Surge as Prices Plummet
New home sales during October jumped 25.4% to 444,000 following a 6.6% September decline. These figures were released jointly due to the federal government shutdown. The latest figure compared to expectations for 435,000 sales in the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 04 2013
U.S. Trade Deficit Shrinks As Exports Strengthen
The U.S. foreign trade deficit improved to $40.6 billion compared to a revised $43.0 billion in September, last month reported as $41.8 billion. A $40.1 billion deficit had been expected in the Action Economics survey. Exports jumped [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 04 2013
U.S. ADP Jobs Survey Unexpectedly Strengthens
Job growth recovered last month. The ADP/Moody's National Employment Report indicated a 215,000 rise (1.9% y/y) in nonfarm private sector jobs during November, the firmest increase in a year. Consensus expectations were for a 175,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 03 2013
U.S. Vehicle Sales Surge to Seven-Year High
Car & truck dealerships were a busy place during November. Unit sales of light motor vehicles jumped 7.7% (7.1% y/y) versus October to 16.41 million (SAAR), according to the Autodata Corporation. The latest level of sales was the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 03 2013
U.S. Gasoline Prices Slip
The price for a gallon of regular gasoline prices edged 2 cents lower last week to $3.27 (-3.6% y/y). That left prices down 13.5% versus the $3.78 per gallon peak reached late in February. Much of the decline reflects less driving [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 03 2013
U.S. Chain Store Sales Disappoint as Holiday Season Begins
Sales at chain stores began the holiday sales season on a weak footing. The International Council of Shopping Centers and Goldman Sachs reported that chain store sales fell 2.8% (+2.5% y/y) last week following a 2.6% rise during the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 02 2013
U.S. Construction Spending Recovers Its Earlier Decline
The value of construction put-in-place gained 0.8% in October (5.3% y/y) following a 0.3% September slip. A 0.4% rise in building activity had been expected. The September figures, released for the first time, were contained in this [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 02 2013
U.S. ISM Index Shows Additional Factory Sector Improvement
Activity in the manufacturing sector continued to firm last month. The Composite Index of Manufacturing Sector Activity from the Institute for Supply Management advanced to 57.3 during November from an unrevised 56.4 October reading. [...]
by:Tom Moeller
|in:Economy in Brief
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