The University of Michigan reported that its February reading of consumer sentiment fell a sharp 8.0% month-to-month, about equal to the mid-month read. That nearly reversed all of the gains of the prior two months and returned the [...]
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| Feb 27 2009Michigan Consumer Sentiment Estimate Little Changed At Lowest Since 1980
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 27 2009
U.S. 4Q GDP Revised Down To Show Sharpest Drop Since 1980
The U.S. Bureau of Economic Analysis today reported that real GDP contracted at a 6.2% annual rate last quarter. It was the largest decline since the "credit crunch" recession of 1980 and it exceeded Consensus expectations for a 5.4% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 27 2009
U.S. 4Q GDP Revised Down To ShowSharpest Drop Since 1980
The U.S. Bureau of Economic Analysis today reported that real GDP contracted at a 6.2% annual rate last quarter. It was the largest decline since the "credit crunch" recession of 1980 and it exceeded Consensus expectations for a 5.4% [...]
by:Tom Moeller
|in:Economy in Brief
The recession in the U.S. factory sector entered an even more dire phase during the last several months. New orders for durable goods fell 5.2% last month after downwardly revised declines of between 4.0% and 8.0% during four of the [...]
by:Tom Moeller
|in:Economy in Brief
The recession in the U.S. factory sector entered an even more dire phase during the last several months. New orders for durable goods fell 5.2% last month after downwardly revised declines of between 4.0% and 8.0% during four of the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 26 2009
U.S. Initial Claims For Unemployment Insurance Highest Since 1982; Continuing Claims Another Record
The U.S. labor market weakened ever further as initial claims for unemployment insurance rose to their highest level since 1982. The Labor Department indicated that initial claims for unemployment insurance jumped last week 36,000 to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 26 2009
U.S. New Home Sales Lowest Since 1963
Sales of new single-family homes during January fell again, to their lowest level in the series' history which dates back to 1963. They dropped 10.2% from December to 309,000 after a 9.5% December decline that was slightly shallower [...]
by:Tom Moeller
|in:Economy in Brief
The recession in the U.S. factory sector entered an even more dire phase during the last several months. New orders for durable goods fell 5.2% last month after downwardly revised declines of between 4.0% and 8.0% during four of the [...]
by:Tom Moeller
|in:Economy in Brief
The recession in the U.S. factory sector entered an even more dire phase during the last several months. New orders for durable goods fell 5.2% last month after downwardly revised declines of between 4.0% and 8.0% during four of the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 25 2009
U.S. Mortgage Applications Fall: Refi's & Purchase Applications Off
The Mortgage Bankers Association indicated that the total number of mortgage applications fell 15.1% from the prior week and that they were off roughly 40% from the peaks earlier this year. Applications had been boosted by lower [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 25 2009
January U.S. Existing Home Sales & Prices Fell
Any prior indication that home sales were stabilizing should be dismissed. According to the National Association of Realtors, sales of existing homes fell 5.3% last month to 4.490M after an unrevised December rise of 4.4%. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 25 2009
January U.S. Existing Home Sales & Prices Fell
Any prior indication that home sales were stabilizing should be dismissed. According to the National Association of Realtors, sales of existing homes fell 5.3% last month to 4.490M after an unrevised December rise of 4.4%. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
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