For the second time, 1Q '10 real GDP growth was revised slightly lower. The latest 2.7% figure compares to 3.0% estimated last month and 3.2% in the advance report. A lessened rate of growth in domestic final demand was behind the [...]
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
by:Tom Moeller
|in:Economy in Brief
Global| Jun 25 2010U.S. Consumer Sentiment Revised Higher
Consumer sentiment as reported by The University of Michigan improved even more this month than indicated by the mid-June measure. The final figure rose to 76.0, its highest level since January 2008. Since its low late in 2008 the [...]
by:Tom Moeller
|in:Economy in Brief
For the second time, 1Q '10 real GDP growth was revised slightly lower. The latest 2.7% figure compares to 3.0% estimated last month and 3.2% in the advance report. A lessened rate of growth in domestic final demand was behind the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 24 2010
U.S. CASH Index Slips In June But Remains Improved Y/Y
The CASH Index is produced by the RBC Financial Group. It stands for Consumer Attitudes & Spending By Households. And what the overall index does is move much like the University of Michigan's Index of Consumer Sentiment, but its [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 24 2010
U.S. Initial Jobless Insurance Claims Slip & Continue Sideways Trend
Volatility around a sideways trend continued as the pattern, since December, for initial claims for unemployment insurance. Claims fell 19,000 last week to 457,000 following a 17,000 gain during the prior week. Consensus expectations [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 24 2010
U.S. Durable Goods Orders Crash With Aircraft
For the second month in a row the durable goods orders numbers from the Commerce Department were heavily influenced by a swing in commercial aircraft bookings, last month to the downside. The advance reading of durable goods orders [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 23 2010
U.S. New Home Sales Fall With Tax-Credit Expiration To Record Low
New home sales fell by nearly one-third last month versus April with the end to the Federal government's $8,000 home-buyer tax credit. New home sales at 300,000 followed a downwardly revised 446,000 during April. It was a record low [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 23 2010
U.S. Mortgage Applications Recover But Purchase Apps Weak
Low interest rates continue to prompt firm lending by mortgage bankers. For June so far, The Mortgage Bankers Association reported that applications were up modestly from May and were 13.3% higher than last year despite a slight [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 23 2010
U.S. Mortgage Applications Recover But Purchase Apps Weak
Low interest rates continue to prompt firm lending by mortgage bankers. For June so far, The Mortgage Bankers Association reported that applications were up modestly from May and were 13.3% higher than last year despite a slight [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 22 2010
U.S. Gasoline & Crude Oil Prices Reverse Earlier Declines
Petroleum prices have firmed recently. The pump price for regular gasoline of $2.74 per gallon last week was its highest in four weeks and prices were up more than three-quarters since the December 2008 low. Holding firm yesterday was [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 22 2010
U.S. Existing Home Sales Slip
Sales of existing single-family home sales slipped following the expiration of a Federal home-buyer tax credit. Existing home sales fell 2.2% to 5.660M last month following April's little revised 8.0% increase according to the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 22 2010
U.S. Existing Home Sales Slip
Sales of existing single-family home sales slipped following the expiration of a Federal home-buyer tax credit. Existing home sales fell 2.2% to 5.660M last month following April's little revised 8.0% increase according to the [...]
by:Tom Moeller
|in:Economy in Brief
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