Forward momentum behind U.S. unit sales of light vehicles eased during April and sales fell 4.8% to 11.21M units (SAAR) from 11.78M in March. Nevertheless, sales remained up by nearly one-quarter from the recession low. April sales [...]
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| May 04 2010U.S. Vehicle Sales Slip From High
by:Tom Moeller
|in:Economy in Brief
- Global| May 03 2010
U.S. Construction Activity Remains Near 2003 Low
Construction activity remains depressed. The negligible 0.2% uptick in March after the 2.1% February collapse left it near the lowest level since 2003. The latest rise barely beat Consensus expectations for a 0.3% dip. Total private [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 03 2010
Job Gains Help Lift ISM Factory Sector Index
Employment growth is helping to underpin the recovery in factory sector activity. According to the Institute for Supply Management, the level of activity grew last month at the fastest pace since June of 2004. The April composite [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 03 2010
U.S. Personal Spending & Income Firm
U.S. consumers love to spend, even if they don't have the money. Personal consumption expenditures increased an expected 0.6% during March as spending grew faster than income for the second month in a row. During the last six months [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 03 2010
U.S. Personal Spending &Income Firm
U.S. consumers love to spend, even if they don't have the money. Personal consumption expenditures increased an expected 0.6% during March as spending grew faster than income for the second month in a row. During the last six months [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 30 2010
U.S. GDP Growth Moderates As Lift From Inventories Fades
A slower rate of inventory replenishment was warranted because products weren't leaving the shelves quickly. As a result, real GDP growth eased last quarter to 3.2% after the 5.6% jump during 4Q '09. The latest roughly matched [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 30 2010
U.S. GDP Growth Moderates As LiftFrom Inventories Fades
A slower rate of inventory replenishment was warranted because products weren't leaving the shelves quickly. As a result, real GDP growth eased last quarter to 3.2% after the 5.6% jump during 4Q '09. The latest roughly matched [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 29 2010
U.S. Unemployment Insurance Claims Fall To Last Month's Low
The job market is on the mend. The Bureau of Labor Statistics reported that initial claims for jobless insurance fell 11,000 to 448,000 after the prior week's revised 21,000 drop. The latest level equaled the March average and roughly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 29 2010
Chicago Fed Index Improves Modestly
Weather constraints on U.S. economic growth abated last month, according to the Chicago Fed National Activity Index (CFNAI) from the Federal Reserve Bank of Chicago. Their index rose to -0.07 and recovered all of its February decline. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 29 2010
Chicago Fed Index Improves Modestly
Weather constraints on U.S. economic growth abated last month, according to the Chicago Fed National Activity Index (CFNAI) from the Federal Reserve Bank of Chicago. Their index rose to -0.07 and recovered all of its February decline. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 27 2010
U.S. Consumer Confidence Improves Further
Improvement in consumers' mood continued this month according to the Conference Board. Their consumer confidence index rose 10.7% m/m to 57.9, its highest level since September 2008. The gain handily outpaced the Consensus expectation [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 27 2010
U.S. Petroleum Prices Maintain Their Higher Level
April has been a firm month for energy prices and a gallon of regular gasoline averaged its highest price since October 2008. Last week, it remained near the prior week's high of $2.85 which was up by 77% since the December, 2008 low. [...]
by:Tom Moeller
|in:Economy in Brief
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