The value of construction put-in-place rose 0.7% during October following an upwardly revised 0.7% September gain. The figure was better than Consensus expectations for a 0.4% decline. These recent, small monthly changes stand 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| Dec 01 2010U.S. Construction Spending Increases Modestly
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 01 2010
U.S. ISM Factory Sector Index Slips But Indicates Positive Growth
Expansion in factory sector activity continued during November, as indicated by the Composite Index from the Institute for Supply Management. It slipped to 56.6 from 56.9 in October but the latest was the highest level since May. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 01 2010
U.S. Challenger Layoffs Again Rise Just Slightly But Hiring Plans Slack Off
The outplacement firm of Challenger, Grey & Christmas indicated that the level of layoffs during November again increased slightly to 48,711. The level was the least since March. Planned layoffs announced during the first eleven [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 01 2010
ADP Report Indicates Firmest Job Growth Since 2007
In its latest National Employment Report, the payroll processor, Automatic Data Processing (ADP), indicated that the level of private nonfarm payrolls rose 93,000 m/m during November. Upward revisions to earlier monthly figures show [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 30 2010
U.S. Consumer Confidence Recovers Further
The Conference Board reported that consumer confidence improved modestly for the second month during November but remained down sharply from the May high. The index of overall confidence rose 8.4% to 54.1 following a little-changed [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 30 2010
Chain Store Sales Finish Month On Firm Note During Holiday Week
This holiday season began with a firm gain in consumer spending. Last week, chain store sales increased 0.5% to recover after the prior week's 0.6% decline. Adding to earlier strength, the rise lifted sales for the month 1.2% above [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 30 2010
U.S. Case-Shiller Home Price Index Falls For Third Month
What strength in home prices there might have been evaporated this summer. During September, the seasonally adjusted Case-Shiller 20-City Home Price Index fell 0.8% after a 0.5% August drop that was deeper than reported initially. It [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 29 2010
U.S. Economic Misery Remains High, But Not Historic
The "misery index" is a popular indicator of stress in the U.S. economy and it now shows plenty of it. The idea for the figure was created by Yale University economist Arthur Okun. The two components of the series are the unemployment [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 24 2010
U.S. New Home Sales Fall But Home Prices Collapse
Weakness in the housing market was reinforced with this month's readings. Yesterday, the figures on sales of existing single-family homes slipped. Today's reading indicated that sales of new homes collapsed. The 8.1% decline to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 24 2010
Consumer Sentiment Improves Beyond Expectations
The sour mood adopted by the consumer this summer seems to be brightening. For November, the full-month consumer sentiment reading of 71.6 was a marked improvement from mid-month. The University of Michigan Index of Consumer Sentiment [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 24 2010
U.S. Personal Income & Spending Firm While Savings Improves
Personal income may be finally on the mend. Overall income recovered 0.5% last month after a September dip and a 0.5% August gain, both of which were slightly higher than reported last month. A 0.4% gain last month had been expected. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 24 2010
U.S. Gasoline Prices Slip But They Should Be Weaker
It may just be a temporary respite, but the pump price for regular gasoline eased last week to $2.88 per gallon, off a penny from the prior week. Nevertheless, prices have risen six cents this month after last month's ten cent gain. [...]
by:Tom Moeller
|in:Economy in Brief
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