Service sector activity backpedaled last month. The Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) fell to 56.0 in March versus an unrevised 57.3 during February and 56.8 in [...]
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 04 2012
U.S. ISM Nonmanufacturing Index Retraces Its Earlier Gain
by:Tom Moeller
|in:Economy in Brief
Global| Apr 04 2012
ADP Report Estimates Payrolls Rise 209,000
Employment growth is continuing at a moderate rate. That's indicated by the 209,000 increase in March private-sector payrolls reported by the payroll processor Automatic Data Processing (ADP) and economic consultants Macroeconomic [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 03 2012
U.S. Vehicle Sales Dip But Remain Firm
Sales of light motor vehicles dipped m/m during March but remained near the four-year high. Unit vehicle sales fell 4.8% m/m to 14.37M (AR) during March according to Autodata Corporation. That sales rate was up 10.0% versus one year [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 03 2012
U.S. Factory Orders Recover Along With Backlogs
Orders in the manufacturing sector recovered 1.3% (9.0% y/y) during February and reversed a little-revised 1.1% January slump. The rise reflected a 2.4% gain in orders for durable goods. That was little-changed from the advance report [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 03 2012
U.S. Gasoline Prices Continue Higher But Crude Oil Slips
The rise has been relentless. Pump prices for regular gasoline rose another two cents last week to $3.94 per gallon, their highest since last May. The gain has been seventy cents (22%) since year-end. Reduced seasonal demand typically [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 02 2012
U.S. Construction Spending Falls Again Despite The Mild Winter
Warm temperatures didn't seem to give much of a lift to construction spending. During February, outlays fell 1.1% (+5.8% y/y) following a downwardly revised 0.8% January drop. The decline disappointed Consensus expectations for a 0.7% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 02 2012
U.S. ISM Factory Index Nudges Up But Prices Slip
Factory sector growth remained just moderate last month. The Composite Index of industrial sector activity from the Institute For Supply Management inched up to an expected 53.4 last month from an unrevised 52.4 in February. The [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 30 2012
U.S. Consumer Sentiment Improves
The University of Michigan's Index of Consumer Sentiment for March increased to 76.2 from 75.3 in February. The figure compared to expectations for a slight dip to 75.0. An improved reading of current economic conditions led the gain [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 30 2012
U.S. Personal Income Gain Is Disappointing And Savings Decline
Personal income increased just 0.2% during February after lessened gains of 0.2% and 0.4% during the prior two months. The latest rise missed expectations for a 0.4% gain. Wage & salary disbursements reflected the improved gains in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 29 2012
U.S. 3.0% GDP Growth Estimate Unchanged; Profit Growth Declines
Economic growth of 3.0% (SAAR) last quarter was unrevised, as expected, in the Commerce Department's 3rd estimate. Growth remained the firmest since Q2'10. Despite this slight improvement, annualized corporate profit growth amounted [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 29 2012
U.S. Initial Claims for Jobless Insurance Continue Downward
The job market continued to firm last week. Initial claims for unemployment insurance fell 5,000 to 359,000 during the week ended March 24 from an upwardly revised 364,000 in the previous week. The latest figure was the lowest since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 28 2012
U.S. Mortgage Applications Decline Again With Higher Interest Rates
More of a depressing effect on mortgage loan applications from higher interest rates was evident last week. The index of total mortgage applications fell 2.7% to 663.7 (+36.8% y/y), down for the seventh straight week. Fewer [...]
by:Tom Moeller
|in:Economy in Brief
- of1069Go to 564 page