Consumers were distressed this past winter. Malaise is the best word to describe consumer confidence since then. The Conference Board indicated that consumer confidence during November rose just 1.6% from October following sharp [...]
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 2009U.S. Consumer Confidence Gains M/M
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 24 2009
Case-Shiller Home Price Gains Slow After Three Months Of Strength
The rise in home prices slowed with the recent plateau in home sales. The September S&P/Case-Shiller Home Price Composite Index of twenty metro-markets edged up 0.3% after an average 1.0% rise during each of the prior three months. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 24 2009
Q3 GDP Growth Revised Down Due To Domestic Demand & Foreign Trade
The second estimate of 3Q U.S. economic growth was lowered from the advance report due to slower growth in domestic demand and greater deterioration in the foreign trade deficit. The revision to 2.4% from 3.5% was greater than [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 24 2009
Q3 GDP Growth Revised Down Due ToDomestic Demand & Foreign Trade
The second estimate of 3Q U.S. economic growth was lowered from the advance report due to slower growth in domestic demand and greater deterioration in the foreign trade deficit. The revision to 2.4% from 3.5% was greater than [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 23 2009
Although Stresses Vary, All States Endure Doubling Of Unemployment
Overall, the U.S. unemployment rate touched 10.2% during October, just shy of the 10.8% postwar-record reached in December 1982. That, however, understates the severity of joblessness. In virtually all 50 states, since 2007 there has [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 23 2009
Chicago Fed Index Eases Again Pointing Towards Softer GDP Growth
The upward momentum in the U.S. economy sagged during the last few months. That's the message from lower readings of the Chicago Fed National Activity Index (CFNAI) from the Federal Reserve Bank of Chicago. The index slipped again m/m [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 23 2009
U.S. Existing Home Sales Surge To Highest Since 2007 As Prices Fall Again
Improved affordability is a great help when buying a home. The National Association of Realtors reported that October sales of existing homes rose sharply to the highest level since July 2007. The 10.1% m/m increase to 6.100M units [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 23 2009
U.S. Existing Home Sales Surge ToHighest Since 2007 As Prices Fall Again
Improved affordability is a great help when buying a home. The National Association of Realtors reported that October sales of existing homes rose sharply to the highest level since July 2007. The 10.1% m/m increase to 6.100M units [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 20 2009
U.S. Leading Indicators Continue To Signal Economic Recovery
The leaders haven't missed one yet in their sixty year history. Therefore, the probability is high that economic recovery is near for the U.S. Released yesterday, the Conference Board's Index of Leading Economic Indicators rose 0.3% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 20 2009
U.S. Leading Indicators Continue To Signal Economic Recovery
The leaders haven't missed one yet in their sixty year history. Therefore, the probability is high that economic recovery is near for the U.S. Released yesterday, the Conference Board's Index of Leading Economic Indicators rose 0.3% [...]
by:Tom Moeller
|in:Economy in Brief
Layoffs from the U.S. workforce held steady last week at the recent low. That's according to the Labor Department which reported that initial claims for unemployment insurance equaled the prior week's upwardly revised level of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 19 2009
Philadelphia Fed Index Improves To Highest Since 2007
The Philadelphia Federal Reserve Bank indicated that the November index of factory sector activity in the region continued to expand this month. Moreover, the index was unexpectedly strong at 16.7 and positive for the fourth [...]
by:Tom Moeller
|in:Economy in Brief
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