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. [...]
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| Nov 24 2010U.S. Personal Income & Spending Firm While Savings Improves
by:Tom Moeller
|in:Economy in Brief
Global| Nov 23 2010U.S. Existing Home Sales & Prices Drop
The National Association of Realtors reported that October sales of existing homes fell 2.2% to 4.430M following an unrevised 10.0% September increase. October sales fell short of Consensus expectations for 4.48M. Total sales include [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 23 2010U.S. GDP Growth Revised Up; Corporate Profit Gain Is Modest
Real GDP increased 2.5% (SAAR) last quarter which was slightly better than the advance report of a 2.0% rise. The gain roughly matched expectations for a 2.4% rise according to the Bloomberg survey. So far since the last recession GDP [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 22 2010NABE Expectations For Economic Growth Are Little Changed
In the latest report, the National Association for Business Economics indicates that moderate U.S. economic growth will continue through next year. Expectations for 2.6% growth are unchanged from the previous forecast. Continuing to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 22 2010Chicago Fed Index Recovers Modestly
The Chicago Fed National Activity Index (CFNAI) improved last month to its highest level since August. Regardless, the index remained down sharply since its March peak, suggesting that the economy's recovery has lost forward momentum. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 22 2010Chicago Fed Index Recovers Modestly
The Chicago Fed National Activity Index (CFNAI) improved last month to its highest level since August. Regardless, the index remained down sharply since its March peak, suggesting that the economy's recovery has lost forward momentum. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 19 2010U.S. Mortgage Delinquencies Slip
It may be because the mortgage pool has fewer loans in it, but the percentage of loans that are delinquent has peaked. As of Q3, the percentage fell to 9.1%, down from its Q1 high of 10.1%. But indeed, the number of loans serviced [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 18 2010Philadelphia Fed Index Jumps To Highest This Year
Economic momentum may have picked up. The Philadelphia Federal Reserve Bank indicated that its November index of regional factory sector activity improved greatly to 22.5, its highest level this year. The latest outpaced Consensus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 18 2010U.S. Claims For Jobless Insurance Tick Higher
Initial claims for unemployment insurance rose slightly last week to 439,000 from 437,000 (revised from 435,000) but remained near their lowest level since early-July. The 4-week moving average, which smoothes out some of the w/w [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 18 2010U.S. Leading Economic Indicators Firm Again
The Conference Board reported that its Index of Leading Economic Indicators rose 0.5% during October after an upwardly revised 0.5% September increase that was initially reported at 0.3%. The latest reading was a record high. Again, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 17 2010Mortgage Applications Drop Sharply With Refinancing
The Mortgage Bankers Association reported that a 14.4% w/w decline in mortgage applications lowered them to the lowest level since July. Nevertheless, applications remained up more than one-third from last year's low. Last week's [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 17 2010U.S. Housing Starts Weaken Further
Earlier signs of stability in the housing sector reversed during October. Housing starts fell 11.7% last month to 519,000 (AR) from a downwardly revised September level. The latest was the lowest since April of last year and starts [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 644 page

