The manufacturing sector showed a sign of modest improvement following several months of sharp decline in overall activity. The April composite index for the factory sector from the Institute for Supply Management rose to 40.1 from [...]
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| May 01 2009ISM Index Suggests Modest Slowing Of Factory Sector Downturn
by:Tom Moeller
|in:Economy in Brief
Global| May 01 2009ISM Index Suggests Modest Slowing Of Factory Sector Downturn
The manufacturing sector showed a sign of modest improvement following several months of sharp decline in overall activity. The April composite index for the factory sector from the Institute for Supply Management rose to 40.1 from [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 30 2009U.S. Employment Cost Index Increase Slackens To New Low
Weak job markets continue to hold down the increase in labor compensation. For private industry workers, the employment cost index increased by 0.2% last quarter which was less than half the 4Q gain. The gain fell well short of [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 30 2009U.S. Personal Spending & Income Still Under Pressure
Any recovery in consumer spending will have to wait. The U.S. Bureau of Economic Analysis reported that personal spending during March fell another 0.2% and adjusted for inflation spending also fell 0.2%. These declines followed two [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 30 2009U.S. Initial Claims for Jobless Insurance Fall As Continuing Claims Reach Another Record
In what may be a sign that the worse for the U.S. job market has passed, initial claims for unemployment insurance fell last week and they have moved slightly lower since the March high. Claims fell to 631,000 from a little revised [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 30 2009U.S. Personal Spending & Income Still Under Pressure
Any recovery in consumer spending will have to wait. The U.S. Bureau of Economic Analysis reported that personal spending during March fell another 0.2% and adjusted for inflation spending also fell 0.2%. These declines followed two [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 29 2009U.S. Weekly Mortgage Applications Fall As Refinancings Lag
As evidence that the mortgage refinancing boom has lost steam, the Mortgage Bankers Association reported that mortgage applications fell sharply for the second week in the last three. The 18.1% decline last week lowered applications [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 29 2009FOMC Leaves Rates Unchanged
In an anticipated move the Federal Open Market Committee today left the Federal funds rate in a "range from 0 to 1/4 percent." The discount also was left unchanged at 0.50%. The Fed funds rate remained the lowest ever. The decision [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 29 2009U.S. GDP Declines 6.1% In 1Q As Inventory Cutbacks Weigh Heavily
Businesses worked with a vengeance last quarter to reduce levels of unwanted inventory. The 6.1% (AR) drop in real GDP was about the same as during 4Q '08, but together the back-to-back declines were the worst since early-1958. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 29 2009U.S. GDP Declines 6.1% In 1Q As Inventory Cutbacks Weigh Heavily
Businesses worked with a vengeance last quarter to reduce levels of unwanted inventory. The 6.1% (AR) drop in real GDP was about the same as during 4Q '08, but together the back-to-back declines were the worst since early-1958. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 28 2009U.S. Chain Store Sales Firm During April
Consumer spending firmed this month. Though chain store sales slipped 0.7% last week, the International Council of Shopping Centers-Goldman Sachs Index indicated that on average April sales so far rose 1.4% from the March average [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 28 2009Gasoline Prices Continue To Hover Just Over $2.00 Per Gallon
Regular gasoline prices last week averaged $2.05 per gallon, steady with the level reached in late March and up 41 cents from the December low. The figures are reported by the U.S. Department of Energy and can be found in Haver's [...]
by:Tom Moeller
|in:Economy in Brief
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