Record cold temperatures kept builders off the job during December. The value of construction put-in-place plunged 2.5% following a downwardly revised 0.2% slip in November. The latest figure fell well short of expectations for a 0.1% [...]
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| Feb 01 2011
U.S. Construction Spending Falls Sharply
by:Tom Moeller
|in:Economy in Brief
Global| Feb 01 2011
U.S. Gasoline Prices Are Stable
Last week, the pump price for regular gasoline retraced the penny increase of the prior week and slipped to $3.10 per gallon. Still, prices remained the firmest since October 2008 and were nearly double the December-2008 low of $1.61. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 01 2011
U.S. ISM Factory Sector Index Increases to Highest Level Since 2004
The Composite Index from the Institute for Supply Management increased last month to 60.8 from a revised 58.5 during December. The figure easily beat consensus expectations for a reading of 58.0. The latest was the highest level since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 31 2011
Intuit Small Business Hiring Index Continues To Improve
Intuit compiles data covering small business employment and the figures indicate that jobs have been improving with the economic recovery. The 0.3% m/m gain in the January Employment Index added to 0.4% increases during each of the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 31 2011
U.S. Personal Income & Spending Improve During 2010
Personal income turned the corner last year into positive territory. For the full year, the pickup in income growth to 3.0% from -1.7% reflected positive growth in hourly earnings, a lessened decline in employment and growth in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 28 2011
Consumer Sentiment Regains Some Spirit
Consumer sentiment bounced back late this month from some mid-month apprehension. As a result, the full-month reading just slipped from December. The January reading of consumer sentiment from the University of Michigan dipped just [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 28 2011
U.S. Employment Cost Index Increases Y/Y
The employment cost index for private industry workers held at a 0.4% increase in Q4 for total compensation. However, the four-quarter gain improved moderately to 2.0%, its highest in two years. Private sector wages & salaries [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 28 2011
U.S. GDP Growth Strengthens
Real GDP increased 3.2% (SAAR) last quarter. Though the gain fell short of Consensus expectations for a 3.6% increase, it was the strongest since Q1 2010. For the full year, real GDP rose a moderate 2.9% and recouped the 2.6% lost [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 27 2011
U.S. Pending Home Sales Are Highest Since April As Prices Fall
The National Association of Realtors (NAR) reported that December pending sales of existing single-family homes increased another 2.0% m/m to the highest level since April, just before the expiration of the home-buyer tax credit. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 27 2011
U.S. Durable Goods Orders Lower Due To Aircraft
There's hardly a more volatile component of the durable goods orders report than aircraft & parts. Last month's orders halved, pulling overall transportation orders down 12.8%. The declined owed to an evaporation of orders for [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 27 2011
Chicago Fed Index Turns Positive
The Chicago Fed reported that its National Activity Index (CFNAI) rose last month to 0.03. It was the first positive figure since July. However, the index remained down sharply since its March peak, suggesting that the economy's [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 27 2011
U.S. Initial Claims For Unemployment Insurance Jump
Initial claims for unemployment insurance surged last week to the highest level since late-October. The increase to 454,000 was from a revised 403,000 during the prior week, initially reported as 404,000. The gain by far outpaced [...]
by:Tom Moeller
|in:Economy in Brief
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