Despite improvement in the residential sector, the total value of construction outlays has continued to trend lower. The overall value of construction spending ticked lower last month by 0.2% to the lowest level since February of [...]
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 01 2009U.S. Construction Spending Holds Steady
by:Tom Moeller
|in:Economy in Brief
There's been no letup in the recovery in housing demand. The National Association of Realtors reported that during July pending, improved home affordability boosted sales of existing homes by 3.2% from June to their highest level [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 01 2009
Gasoline Prices Remain Roughly Stable As Crude Oil Prices Tick Higher
Earlier strength in gasoline prices took a breather during July and August. Nevertheless, prices remained up sharply since the year began. The pump price for regular gasoline dipped slightly last week to an average $2.61 per gallon, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 01 2009
The Factory Sector Recession Is Over; ISM Index Jumps To Highest Level Since Early-2007
According to The National Association of Purchasing Management data, the recession in U.S. factory sector activity is over. Its August composite index jumped to 52.9 from an unrevised July reading of 48.9 and reached it's highest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 01 2009
The Factory Sector Recession IsOver; ISM Index Jumps To Highest Level Since Early-2007
According to The National Association of Purchasing Management data, the recession in U.S. factory sector activity is over. Its August composite index jumped to 52.9 from an unrevised July reading of 48.9 and reached it's highest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 31 2009
Several Indices of Midwest Economic Activity Improve; August PMI Moves To Break-Even
Middle America finally appears to be emerging from its sharp recession. Reporting this morning, the Chicago Purchasing Managers Association indicated that its August Business Barometer Index rose to 50, at the break-even level for the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 31 2009
Several Indices of MidwestEconomic Activity Improve; August PMI Moves To Break-Even
Middle America finally appears to be emerging from its sharp recession. Reporting this morning, the Chicago Purchasing Managers Association indicated that its August Business Barometer Index rose to 50, at the break-even level for the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 21 2009
U.S. Existing Home Sales Rise With Distress Sales & Tax Credit
The National Association of Realtors reported that sales of existing homes during July jumped for the fourth consecutive month. The 7.2% m/m rise to 5,240 (SAAR) was to the highest level since August of 2007. The increase in July [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 21 2009
U.S. Existing Home Sales Rise With Distress Sales & Tax Credit
The National Association of Realtors reported that sales of existing homes during July jumped for the fourth consecutive month. The 7.2% m/m rise to 5,240 (SAAR) was to the highest level since August of 2007. The increase in July [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 21 2009
U.S. Existing Home Sales Rise With Distress Sales & Tax Credit
The National Association of Realtors reported that sales of existing homes during July jumped for the fourth consecutive month. The 7.2% m/m rise to 5,240 (SAAR) was to the highest level since August of 2007. The increase in July [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 20 2009
Philadelphia Fed Index Remains Positive At Its Highest Level Since 2007
The Philadelphia Federal Reserve Bank indicated that its August index of factory sector activity in the region rose to its highest since November of 2007. The level of 4.2 compared to figures near -40.0 this past fall and winter. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 20 2009
U.S. Leading Indicators Signal Economic Recovery With Fourth Straight Monthly Increase
The Conference Board's Index of Leading Economic Indicators continued to suggest a pending economic recovery. The July composite index of leaders rose another 0.6% after gains of 0.8%, 1.2% and 1.1% during the prior three months. The [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 712 page