The Commerce Department indicated that real GDP declined last quarter at a 1.0% annual rate, indicating a slowing in the U.S. recession. The diminution in the rate of GDP decline versus the prior two quarters was due to a reduced rate [...]
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| Jul 31 2009Rate of U.S. GDP Decline Slows inQ2 2009
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 30 2009
U.S. Weekly Claims For Jobless Insurance Rise, But Falling Trend Suggests Improved Labor Market
The rate of improvement in the job market again appears to have slowed. The latest figures from the Labor Department indicate that initial claims rose for the second consecutive week after sharp declines early in the month. The latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 30 2009
U.S. Weekly Claims For JoblessInsurance Rise, But Falling Trend Suggests Improved Labor Market
The rate of improvement in the job market again appears to have slowed. The latest figures from the Labor Department indicate that initial claims rose for the second consecutive week after sharp declines early in the month. The latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 29 2009
U.S. Durable Goods Orders Decline Led By Aircraft & Computers; Lower Inventories May Set Stage for Rebound
The recent improvement in factory sector activity stuttered last month as June durable goods orders fell. The 2.5% decline reversed nearly all of the increases during the prior two months. Moreover, the May increase was revised [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 29 2009
U.S. Durable Goods Orders DeclineLed By Aircraft & Computers; Lower Inventories May Set Stage for Rebound
The recent improvement in factory sector activity stuttered last month as June durable goods orders fell. The 2.5% decline reversed nearly all of the increases during the prior two months. Moreover, the May increase was revised [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 28 2009
U.S. Consumer Confidence Slips For A Second Month
According to the Conference Board, consumer confidence fell slightly during July for the second consecutive monthly decline. Despite these shortfalls, however, confidence remained up sharply from the February low. The Conference Board [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 28 2009
Gasoline Prices Stabilize With The Rise In Crude Oil Costs
Signs that the worst of the downtrend in the U.S. economy may have passed helped stabilize the earlier weakness in the oil market. The pump price for regular gasoline increased last week to an average $2.50 per gallon, though that [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 28 2009
Case-Shiller Home Price Index Decline Eases
The declines in home prices are moderating. That's the message from May's 0.2% seasonally adjusted decline in the S&P/Case-Shiller Home Price Composite Index of twenty metro-markets. The moderation eased the y/y drop to 17.1% but [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 28 2009
Case-Shiller Home Price IndexDecline Eases
The declines in home prices are moderating. That's the message from May's 0.2% seasonally adjusted decline in the S&P/Case-Shiller Home Price Composite Index of twenty metro-markets. The moderation eased the y/y drop to 17.1% but [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 27 2009
U.S. New Home Sales Gain As Prices Fall, Again
Home buyers know a good deal when they see it, and looks like that's what buoyed sales of new homes last month. June sales of new single-family homes increased 11.0% from May to 384,000 after two months of modest increase. Though the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 27 2009
U.S. New Home Sales Gain As PricesFall, Again
Home buyers know a good deal when they see it, and looks like that's what buoyed sales of new homes last month. June sales of new single-family homes increased 11.0% from May to 384,000 after two months of modest increase. Though the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 24 2009
Full-Month Michigan Consumer Sentiment Reading Eases
Worries about the prospects for the economy persisted late this month, but they eased somewhat from earlier. The University of Michigan's full-month reading of July consumer sentiment came in at 66.0 versus the mid-month reading of [...]
by:Tom Moeller
|in:Economy in Brief
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