Consumers still are shying away from big-ticket expenditures. The added evidence of that trend is that unit sales of light vehicles during May increased just 6.4% m/m to make up an April decline. Year-to-date, total May vehicle sales [...]
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| Jun 03 2009U.S. May Light Vehicle Sales Recover Only To Low March Level
by:Tom Moeller
|in:Economy in Brief
Global| Jun 03 2009U.S. ISM Nonmanufacturing Index Improves Further
Improvement in service sector activity is accompanying the factory sector's recent rise. The May Composite Index for the nonmanufacturing sector from the Institute for Supply Management (ISM) rose to 44.0 last month from an unrevised [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 02 2009U.S. Pending Home Sales Rise To Their Highest Level Since September
The National Association of Realtors reported that pending sales of existing homes during April rose for the third consecutive month. The 6.7% m/m rise was to the highest level since last September and doubled the unrevised 3.2% March [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 02 2009U.S. Chain Store Sales Backpedal
Consumers lost their mood for spending at the end of last month. According to the International Council of Shopping Centers-Goldman Sachs Index, store sales last week gave back with a 0.6% decline virtually all of the prior week's [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 02 2009Gasoline Prices Rise Further Reflecting Strength In Crude Oil Prices
News of a rebound in the U.S. economy has generated the suspicion that more consumers will take to the roads on longer journeys. So far, the evidence of a recovery in driving is limited, but the energy market nevertheless has reacted [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 02 2009U.S. Pending Home Sales Rise To Their Highest Level Since September
The National Association of Realtors reported that pending sales of existing homes during April rose for the third consecutive month. The 6.7% m/m rise was to the highest level since last September and doubled the unrevised 3.2% March [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 01 2009U.S. Construction Spending Increases Modestly
There's no real upward momentum driving the recent gains in construction spending, but it seems that an interim stabilization of earlier declines occurred this Spring. How long it will last is the question. For the second consecutive [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 01 2009ISM Index Suggests Downturn In Factory Sector Is Easing
The manufacturing sector showed a further sign of modest improvement after its sharp decline in overall activity. The May composite index for the factory sector from the Institute for Supply Management rose to 42.8 from 40.1 in April. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 01 2009U.S. Savings Rate Still Rising As Consumers Remain Cautious
The personal savings rate jumped last month to the highest level since early-1995. That rise may help explain earlier reports that confidence and sentiment are improving. Consumers are rebuilding their personal balance sheets, mending [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jun 01 2009U.S. Savings Rate Still Rising AsConsumers Remain Cautious
The personal savings rate jumped last month to the highest level since early-1995. That rise may help explain earlier reports that confidence and sentiment are improving. Consumers are rebuilding their personal balance sheets, mending [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 29 2009Michigan Consumer Sentiment Rose Throughout May
The University of Michigan's reading of consumer sentiment for all of May rose to the highest level since September of last year. At 68.7 the latest level was up from the mid-month figure and slightly exceeded Consensus expectations [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 29 2009U.S. 1Q GDP Decline Lessened, Yet Two-Quarter Drop Rivals 1958 Stats; Profits Recovered Modestly
Last quarter, economic weakness in the U.S. was not quite as severe as reported initially by the Commerce Department. The latest estimate of a 5.7% (AR) drop in real GDP compares to the advance estimate of a 6.1% decline and the [...]
by:Tom Moeller
|in:Economy in Brief
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