U.S. unit sales of light vehicles during October recovered from the "payback" month of September following the summer's "cash-for-clunkers" sales program. Sales rose 13.5% m/m to 10.46M units according to the Autodata Corporation. [...]
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 04 2009U.S. Vehicle Sales Recover DuringOctober
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 03 2009
U.S. Factory Inventory Decumulation Rate Still Strong
Factory inventories continued lower during September as the stage continued to be set for a firm rebound in manufacturing activity. Of course that rebound is dependant on whether demand improves, and there are tentative indications [...]
by:Tom Moeller
|in:Economy in Brief
Divergent trends within the construction sector haven't yet added up to any meaningful improvement in the total but it could be on the way. Reported yesterday, September construction spending rose 0.8% following steady monthly [...]
by:Tom Moeller
|in:Economy in Brief
Divergent trends within the construction sector haven't yet added up to any meaningful improvement in the total but it could be on the way. Reported yesterday, September construction spending rose 0.8% following steady monthly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 02 2009
U.S. Home Prices On The Rise; Distressed Sales Matter
Without question, the sales price of most homes is under pressure. Demand is down and supply is up. Nevertheless, home prices recently have turned around after a decline that began early in 2006. On a month-to-month basis home prices [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 02 2009
U.S. Pending Home Sales Rise To Highest Since 2006
Housing demand is increasing faster than generally expected. The National Association of Realtors (NAR) reported that September pending home sales increased 6.1%. The gain was similar to the August increase and continued stronger than [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 02 2009
ISM Factory Index Rises Further Continuing Respectable Rebound
The recession in U.S. factory sector activity is over, according to the data from the National Association of Purchasing Management. Their composite index for October rose to 55.7 which was its highest level since April 2006. (Any [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 02 2009
ISM Factory Index Rises FurtherContinuing Respectable Rebound
The recession in U.S. factory sector activity is over, according to the data from the National Association of Purchasing Management. Their composite index for October rose to 55.7 which was its highest level since April 2006. (Any [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 30 2009
U.S. Employment Cost Index Rose Slightly Q/Q But Reaches A New Low Y/Y
Employment compensation picked up slightly last quarter, but high unemployment dragged down the y/y change to its lowest on record. (The series dates back to 1980). The total employment cost index for private industry workers rose [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 30 2009
Michigan Consumer Sentiment Improves From Mid-Month
Consumer sentiment for all of October fell from September but the trend during the month improved. The University of Michigan indicated that its October reading of consumer sentiment of 70.6 was improved from the mid-month reading of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 30 2009
U.S. Personal Income Slips Marginally And Spending Declines
The weak job market continued last month to exact its toll on labor income growth. Personal income slipped marginally during September after two months of just 0.1% increase. The August gain was revised down from 0.2% and the latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 30 2009
U.S. Personal Income SlipsMarginally And Spending Declines
The weak job market continued last month to exact its toll on labor income growth. Personal income slipped marginally during September after two months of just 0.1% increase. The August gain was revised down from 0.2% and the latest [...]
by:Tom Moeller
|in:Economy in Brief
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