Consumer sentiment may be showing the effects of the lessened declines recently logged by overall employment. The University of Michigan's September reading of consumer sentiment rose to 73.5 from the mid-month reading of 70.2 and it [...]
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| Sep 25 2009Michigan Consumer Sentiment Improves To Highest Since Early 2008
by:Tom Moeller
|in:Economy in Brief
Sales of new single-family homes rose during August for the fifth consecutive month of increase. The seasonally adjusted annual sales rate of 429,000 was up a disappointing 0.7% from a downwardly revised July level of 426,000. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 25 2009
U.S. Durable Goods Orders Decline Unexpectedly During August But Short-Term Trend Firms
Durable goods orders declined unexpectedly last month and reversed half of the little-revised 4.8% jump during July. Virtually all of the August decline reflected lower orders for transportation equipment which gave back half of a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 25 2009
U.S. Durable Goods Orders Decline Unexpectedly During August But Short-Term Trend Firms
Durable goods orders declined unexpectedly last month and reversed half of the little-revised 4.8% jump during July. Virtually all of the August decline reflected lower orders for transportation equipment which gave back half of a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 24 2009
U.S. Mass Layoffs Recover M/M And Are Up By Nearly One-Half From Last Year
The U.S. Labor Department reports figures covering mass layoffs which involve at least 50 initial claimants from a single establishment filing during a consecutive 5-week period. They include short-term layoffs of 30 days or fewer. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 24 2009
U.S. Existing Home Sales Unexpectedly Fall Along With Prices
The National Association of Realtors reported that August sales of existing homes unexpectedly fell following four consecutive months of increase. The 2.7% m/m decline to 5.100M units (SAAR) nevertheless left sales still near the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 24 2009
U.S. Initial Claims For Jobless Insurance Near Cycle Low But Continuing Claims Hold Steady
Initial claims for jobless insurance continue to suggest labor market improvement. The Labor Department indicated that last week claims fell 21,000 to 530,000. It was the fourth decline in the last five weeks and left claims near [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 24 2009
U.S. Initial Claims For JoblessInsurance Near Cycle Low But Continuing Claims Hold Steady
Initial claims for jobless insurance continue to suggest labor market improvement. The Labor Department indicated that last week claims fell 21,000 to 530,000. It was the fourth decline in the last five weeks and left claims near [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 23 2009
FOMC Cites Economic Improvement But Leaves Rates Unchanged
In an anticipated and unanimous vote, the Federal Open Market Committee today left the Federal funds rate in a "range from 0 to 1/4 percent." The discount rate also was left unchanged at 0.5%. The action was as expected and left the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 23 2009
U.S. Weekly Mortgage Applications Strengthen As Interest Rates Near The Lowest Since 2003
The Mortgage Bankers Association indicated that mortgage applications overall increased 12.8% last week as lower interest rates spurred strength in refinancings. Applications to refinance jumped 17.4% last week and in September they [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 23 2009
FHFA Home Price Index Strengthens Due To Notable Gains In The Pacific & Mid-Atlantic Regions
Released yesterday was the U.S. House Price Index from the Federal Housing and Finance Agency (FHFA). The Purchase Only Index for July rose 0.3% from June and it was the third consecutive monthly increase. Moreover, the latest gain [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 23 2009
FHFA Home Price Index StrengthensDue To Notable Gains In The Pacific & Mid-Atlantic Regions
Released yesterday was the U.S. House Price Index from the Federal Housing and Finance Agency (FHFA). The Purchase Only Index for July rose 0.3% from June and it was the third consecutive monthly increase. Moreover, the latest gain [...]
by:Tom Moeller
|in:Economy in Brief
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