Construction activity suffered in the wake of Hurricane Sandy. The value of construction put-in-place fell 0.3% during November after a downwardly revised 0.7% October increase. The decline compared to consensus expectations for a [...]
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| Jan 02 2013
U.S. Construction Spending Is Depressed by Hurricane Sandy
by:Tom Moeller
|in:Economy in Brief
Global| Jan 02 2013
U.S. ISM Factory Index Posts A Limp Gain From Recovery Low; Pricing Power Increases Slightly
Factory sector activity posted a modest recovery last month following several months of downward pressure. The Institute for Supply Management reported that its December composite index of manufacturing activity rose to 50.7 from an [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 21 2012
U.S. Chicago Fed Index Improves
The Chicago Federal Reserve reported that its National Activity Index (CFNAI) for November improved to 0.10 from a revised October reading of -0.64, last month reported as -0.56. The three-month moving average also rose to -0.20. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 21 2012
U.S. Consumer Sentiment Falls To Lowest Since July; Annual Reading Is Highest Since 2007
The consumer lost the holiday spirit this month. The University of Michigan's Index of Consumer Sentiment in December fell to 72.9 from 82.7 last month. The reading also fell short of the mid-month figure, 74.5. The latest was the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 21 2012
U.S. Income, Spending & Savings Each Improved Last Month
November was a better month for individuals' income & outlays. Personal income grew 0.6% last month following an unrevised 0.1% October uptick. A 0.3% rise was expected. The gain was the strongest since February and lifted the y/y [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 20 2012
U.S. Leading Economic Indicators Decline and Trend Growth Weakens
The Leading Economic Indicator index from the Conference Board declined 0.2% during November following a 0.3% October gain, initially estimated at 0.2%. Fifty percent of the component series had a positive influence on the index last [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 20 2012
Philadelphia Fed Business Activity Index Improves Sharply
With the passage of Hurricane Sandy, business activity improved. The Philadelphia Federal Reserve Bank reported that its General Business Conditions Index rose sharply to 8.1 this month after falling to an unrevised -10.7 during [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 20 2012
U.S. GDP Growth Is Revised Up With Final Sales & Int'l Trade
Economic growth during Q3'12 was better than reported initially. Real GDP increased at a revised 3.1% (2.6% y/y) annual rate, up from 2.7% estimated last month and 2.0% initially. The gain improved from 1.3% during Q2 and beat [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 20 2012
U.S. Initial Claims for Jobless Insurance Move Higher
For the first time in five weeks, initial claims for jobless insurance rose. Claims increased 17,000 during the week ended December 15 to 361,000 from 344,000 in the prior period, initially reported as 343,000. Consensus expectations [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 19 2012
FIBER: Commodity Prices Hold Firm
Industrial commodity prices have shown upward movement of late despite signs of weakening growth in factory sector output. At 171.2, the latest price index from the Foundation for International Business and Economic Research (FIBER) [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 19 2012
U.S. Chain Store Sales Recover Lost Ground
The latest report from the International Council of Shopping Centers and Goldman Sachs indicated renewed vigor in consumer spending. Chain store sales jumped 4.3% last week (3.5% y/y) to the highest level since late-July. During the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 19 2012
U.S. Mortgage Applications Decline
The Mortgage Bankers Association index of total mortgage applications slumped 12.3% last week (23.9% y/y) to the lowest level since early last month. The decline was led by a 13.8% drop (+28.5% y/y) in applications to refinance an [...]
by:Tom Moeller
|in:Economy in Brief
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