Perhaps replacement demand was a factor when it came to light vehicle sales last month. Possibly, it was deep price discounts. Or was this the beginning of a bona fide uptrend? For whatever reason, U.S. unit sales of light vehicles [...]
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| Apr 02 2009March U.S. Light Vehicle Sales Increase From 27-Year low
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 02 2009
March U.S. Light Vehicle Sales Increase From 27-Year low
Perhaps replacement demand was a factor when it came to light vehicle sales last month. Possibly, it was deep price discounts. Or was this the beginning of a bona fide uptrend? For whatever reason, U.S. unit sales of light vehicles [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 01 2009
U.S. Pending Home Sales Tick Higher
The National Association of Realtors indicated that pending sales of existing homes during February edged up 2.1% after the sharp 7.7% decline during January. The decline left sales so far this year 6.4% below the 2008 average after [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 01 2009
U.S. Construction Spending; A More Moderate Decline
Perhaps the worst news on construction activity has passed. However, the industry detail suggests not to count on it. The value of construction put-in-place slipped just 0.9% during February following three consecutive months of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 01 2009
Challenger Layoffs Ease Slightly Second Month
The outplacement firm of Challenger, Grey & Christmas reported that March job cut announcements eased for the second month to 150,411 following 186,350 layoffs during February. Both of the figures were down from the cycle high of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 01 2009
Rise In ISM Index Suggests Factory Sector Stabilization
The March composite index of activity in the manufacturing sector from the Institute for Supply Management improved slightly to 36.3 from 35.8 in February. Though the latest figure was still near the lowest level since the recession [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 01 2009
ADP Report: Payroll Employment Down Another 742,000
According to the payroll processor ADP in the latest National Employment Report, private nonfarm payrolls fell 742,000 last month after a 706,000 decline. The February figure was revised from the initial estimate of a 697,000 drop. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 01 2009
ADP Report: Payroll Employment Down Another 742,000
According to the payroll processor ADP in the latest National Employment Report, private nonfarm payrolls fell 742,000 last month after a 706,000 decline. The February figure was revised from the initial estimate of a 697,000 drop. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 31 2009
U.S. Consumer Confidence Stabilizes Near Record Low
The Conference Board reported that its March index of consumer confidence stabilized this month near its record low level reached during February. The reading of 26.0 was roughly stable with February but it left confidence three- [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 31 2009
Petroleum Prices Strengthen, Then Fall Back
Petroleum prices continued to rally last week as sentiment continued to shift on the economy. Firmer data on U.S. consumer spending, home sales & factory orders helped lift crude oil prices to their highest level since last November. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 31 2009
Case-Shiller Home Price Index Falls Further
The January S&P/Case-Shiller 20 Home Price Composite Index fell 2.2% from December. That pulled prices down 19.0% during the last twelve months and by 29.1% since their peak in May 2006. The series dates back only to 2000. The January [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 31 2009
Case-Shiller Home Price IndexFalls Further
The January S&P/Case-Shiller 20 Home Price Composite Index fell 2.2% from December. That pulled prices down 19.0% during the last twelve months and by 29.1% since their peak in May 2006. The series dates back only to 2000. The January [...]
by:Tom Moeller
|in:Economy in Brief
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