The Institute for Supply Management reported that its composite index of manufacturing activity fell to 49.5 in November from an unrevised 51.7 in October. The latest level was the lowest since July 2009 and it was well short 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| Dec 01 2012
U.S. ISM Factory Index Falls to Recovery Low While Pricing Pressure Eases
by:Tom Moeller
|in:Economy in Brief
Global| Nov 30 2012
ISM-Chicago Business Activity Improves
The Institute for Supply Management-Chicago reported that its Business Barometer improved this month to 50.4, its highest level in three months. Haver Analytics constructs a seasonally adjusted figure comparable to the ISM Composite [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 30 2012
U.S. Income & Outlays Are Reduced by Sandy
Hurricane Sandy made landfall on October 29th and thus reduced three days worth of income & outlays along the Eastern Seaboard. Personal income was unchanged last month (3.1% y/y) following an unrevised 0.4% September increase. A 0.2% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 29 2012
U.S. Pending Home Sales Jump
Pending sales of single-family homes jumped 5.2% (13.2% y/y) last month after a little revised 0.4% September rise, according to the National Association of Realtors (NAR). The latest figure broke home sales out of the sideways trend [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 29 2012
U.S. Initial Claims for Jobless Insurance Decline As Sandy's Impact Eases
Initial claims for unemployment insurance fell again last week as Hurricane Sandy had less of an increasing effect on filings. Claims fell during the week ended November 24 to an expected 393,000 from 416,000 in the prior period, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 29 2012
U.S. GDP Growth Is Revised Upward Due To Higher Inventories
The economy grew faster than initially reported during Q3'12. Real GDP increased at a revised 2.7% (2.5% y/y) annual rate, up from a 2.0% advance estimate and up from 1.3% during Q2. Consensus expectations were for a 2.8% rise. A [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 28 2012
U.S. New Home Sales Are Depressed
New home buyers were hesitant to commit last month. New home sales in October slipped 0.3% to 368,000 (SAAR) from 369,000 during September, revised from 389,000. The figure fell short of Consensus expectations for 388,000 sales. Home [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 28 2012
U.S. Mortgage Applications Fall With Fewer Refinancings
The Mortgage Bankers Association index of total mortgage applications slipped 0.9% last week (+45.5% y/y). The decline was led by a 1.5% drop (+61.4% y/y) in applications to refinance an existing loan. Home purchase applications [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 27 2012
FHFA Home Price Index Keeps Improving
The U.S. House Price Index from the Federal Housing and Finance Agency (FHFA) rose 0.2% during September following a 0.5% August rise. The 4.4% y/y increase was its strongest since 2006, and followed four successive years of price [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 27 2012
U.S. Consumer Confidence Moves Higher
The Conference Board's Consumer Confidence Index for November rose slightly to 73.7 from 73.1 in October, revised from 72.2. Consensus expectations had been 73.2 for this month. The latest figure was the highest since February 2008. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 27 2012
U.S. Case-Shiller Home Price Index Y/Y Momentum Picks Up
Not only are housing prices rising, but the rate of increase is firming. The seasonally adjusted Case-Shiller 20 City Home Price Index rose 0.4% (3.0% y/y) during September, the same as in August. The y/y gain of 3.0% was the fastest [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 27 2012
U.S. Gasoline Prices Stabilize But Demand Surges
Last week the pump price for a gallon of regular gasoline inched up one cent (3.9%) to $3.44 per gallon. Since their September peak prices have fallen 44 cents per gallon. The w/w price increase ran counter to the norm for this time [...]
by:Tom Moeller
|in:Economy in Brief
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