Orders in the manufacturing sector fell 1.0% (+7.4% y/y) during January and reversed much of a little-revised 1.4% December jump. The decline owed to a 3.7% fall in orders for durable goods. That was little-revised from the advance [...]
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| Mar 05 2012U.S. Factory Orders Fall While Inventories Build
by:Tom Moeller
|in:Economy in Brief
Global| Mar 05 2012U.S. ISM Nonmanufacturing Index Reaches 12-Month High
Service sector activity continued to improve last month and was at its highest level since last February. The Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) rose to 57.3 in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 02 2012U.S. Vehicle Sales Fueled Again By Cars
Sales of light motor vehicles continued on the fast track last month. Unit vehicle sales rose 6.5% m/m to 15.10M (AR) during February according to Autodata Corporation. That sales rate was up 13.7% versus one year earlier and was the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 01 2012U.S. Initial Claims For Unemployment Insurance At Four Year Low
Job market improvement is continuing. Initial unemployment insurance claims slipped last week at 351,000. The previous week was revised slightly higher to 353,000. The recent figures are the lowest since March 2008. Claims averaged [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 01 2012U.S. Construction Spending Slips Following Earlier Strength
After several months of strong increase, construction spending slipped in January. The 0.1% decline followed a 1.4% December rise and a 1.9% November gain that was revised up sharply. Gains in the Summer also were solid. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 01 2012U.S. ISM Factory Index Slips As Prices Recover
Forward momentum in factory sector activity waned a bit last month. The Composite Index of industrial sector activity from the Institute For Supply Management slipped to 52.4 from an unrevised 54.1 in January. The latest reading [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 01 2012U.S. Income & Spending Weaken
Individuals' wherewithal to spend diminished last month, so they didn't. Disposable personal income increased a scant 0.1% (2.3% y/y) as taxes jumped 1.6% (8.7% y/y). Adjusted for prices, disposable income slipped 0.1% m/m (+0.6% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 29 2012U.S. Mortgage Applications Rise Again With Refinancing Surge
The index of total mortgage applications rose 7.5% last week to 810.0 (March 16, 1990 = 100), nearly the highest since late 2010. The rise followed two weeks of moderate decline. Continuing to take advantage of low interest rates, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 29 2012U.S. GDP Growth Is Revised Up
Economic growth last quarter was slightly higher than originally estimated. The Commerce Department indicated that Q4'11 real GDP grew at a 3.0% annual rate, revised from 2.8%. Expectations had been for an unchanged 2.8% rise. Growth [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 28 2012U.S. Consumer Confidence Rebounds
Consumers have been heartened by a firmer job market and low inflation. The Conference Board's Index of Consumer Confidence rebounded during February to 70.8 (seasonally adjusted, 1985=100) and recovered to the highest level in a [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 28 2012U.S. Case-Shiller Home Price Index Falls Again
Year-end and full year 2011 were periods of house price decline. The seasonally adjusted Case-Shiller 20-City Home Price Index dropped 1.1% in December after an unrevised 1.3% decline in November. That pulled prices over the last [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 28 2012U.S. Durable Goods Orders Retrace Earlier Gain
New orders for durable goods slumped 4.0% last month after a revised 3.2% December increase, originally reported as 3.0%. Consensus expectations had been for a 1.0% fall. However, the latest decline ran counter to the ISM orders [...]
by:Tom Moeller
|in:Economy in Brief
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