New orders for durable goods fell 4.5% during August and that reversed all of the downwardly revised, modest increases during the prior two months. Last month's decline certainly reflected a 38.1% (+31.1% y/y) plunge in orders for [...]
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| Sep 25 2008U.S. Durable Goods Orders Show Broad-based Decline Last Month
by:Tom Moeller
|in:Economy in Brief
Global| Sep 24 2008U.S. Existing Home Sales & Prices Fell
The level of existing homes during August fell 2.2% m/m to 4.910 million. The figure, reported by the National Association of Realtors, followed a 3.5% increase during July which was revised up modestly. The figure about matched [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 24 2008OFHEO House Price Index Continued Moving Lower
The index of U.S. house prices from the Office of Federal Housing Enterprise Oversight (OFHEO) continued moving lower in July. The 0.6% m/m decline from June followed a revised 0.3% dip during that month which was revised from the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 24 2008OFHEO House Price Index Continued Moving Lower
The index of U.S. house prices from the Office of Federal Housing Enterprise Oversight (OFHEO) continued moving lower in July. The 0.6% m/m decline from June followed a revised 0.3% dip during that month which was revised from the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 23 2008U.S. Shoppers Tightened Their Purse Strings
The International Council of Shopping Centers reported that chain store sales fell 1.0% last week after an even sharper 1.6% drop during the week prior. The weakness of sales for September so far is reflected in a decline which [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 23 2008U.S. Gasoline Prices Down Last Week With Lessened Demand
Last week, the U.S. pump price for a gallon of regular gasoline reversed most of the prior period's strength. It fell twelve cents to an average of $3.72, according to the U.S. Department of Energy survey. The price still was [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 23 2008U.S. Gasoline Prices Down Last Week With Lessened Demand
Last week, the U.S. pump price for a gallon of regular gasoline reversed most of the prior period's strength. It fell twelve cents to an average of $3.72, according to the U.S. Department of Energy survey. The price still was [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 22 2008Chicago Fed Index At Recession Level
The August National Activity Index (CFNAI) from the Chicago Federal Reserve Bank dropped sharply from July. The reading of -1.59 was its lowest level since the last recession during 2001.The current index level was then associated [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 22 2008Chicago Fed Index At Recession Level
The August National Activity Index (CFNAI) from the Chicago Federal Reserve Bank dropped sharply from July. The reading of -1.59 was its lowest level since the last recession during 2001.The current index level was then associated [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 18 2008Philadelphia Fed Index Rose to Its Highest Since Last Year
The Philadelphia Federal Reserve Bank indicated that its September Index of General Business conditions in the manufacturing sector improved sharply. The index reading of 3.8 was up from a revised -12.7 in August and it was the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 18 2008U.S. Leading Indicators Fell Again
The composite index of leading economic indicators, reported by the Conference Board fell 0.5% last month after an unrevised decline of 0.7% in July. The decline left the six-month percent change at -2.1% which was modestly improved [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 18 2008U.S. Initial Unemployment Insurance Claims Near The Highest Since 2002
Last week, initial claims for unemployment insurance rose to 455,000 from an unrevised level of 445,000 during the prior week. Except for a level at the beginning of last month which was raised by a program to locate and provide extra [...]
by:Tom Moeller
|in:Economy in Brief
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