U.S. sales of light vehicles in August recovered their decline during July and rose 9.3%, according to the Autodata Corporation. The latest sales level of 13.72M units, nevertheless, left sales for the year so far averaging 14.32M. [...]
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 04 2008U.S. August Light Vehicle Sales Recovered Modestly
by:Tom Moeller
|in:Economy in Brief
Global| Sep 03 2008U.S. Factory Inventories Rose Again
Factory inventories rose 0.5% during July, lifted by a 3.5% surge in inventories of nondefense aircraft & parts. Less the transportation sector altogether the value of inventories rose 0.4%. At petroleum refineries, inventories fell [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 03 2008U.S. Chain Store Sales Ticked Up
According to the International Council of Shopping Centers, chain store sales inched up another 0.1% last week after the 0.2% uptick during the week prior. For all of August sales rose 0.2% from the July average after that month's [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 03 2008U.S. Gasoline Prices Unchanged Last Week, Down Eight Cents Yesterday
The pump price for a gallon of regular gasoline was roughly unchanged last week at $3.68 per gallon, according to the U.S. Department of Energy survey. The price, nevertheless, has fallen by 44 cents, or more than ten percent from the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 03 2008Challenger Layoffs Fell Sharply
Job cut announcements fell a sharp 14.1% last month and reversed roughly all of their 26.4% jump during July, according to the Challenger, Grey & Christmas survey. The three-month level layoffs also fell but remained near the highest [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 03 2008U.S. Factory Inventories Rose Again
Factory inventories rose 0.5% during July, lifted by a 3.5% surge in inventories of nondefense aircraft & parts. Less the transportation sector altogether the value of inventories rose 0.4%. At petroleum refineries, inventories fell [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 02 2008U.S. Construction Spending Fell in July
The value of construction put in place fell 0.6% during July and that reversed the 0.3% increases during the prior two months. The decline was as-expected. Year-to-year, construction was down 4.8% but the level of activity so far this [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 02 2008U.S. Construction Spending Fell in July
The value of construction put in place fell 0.6% during July and that reversed the 0.3% increases during the prior two months. The decline was as-expected. Year-to-year, construction was down 4.8% but the level of activity so far this [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 02 2008ISM Index About Unchanged
The Institute for Supply Management reported that it's Composite Index of Manufacturing Sector Activity was about unchanged from its July level at 49.9. It thus remained up slightly from the monthly lows near 48 this past winter. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 02 2008U.S. Construction Spending Fell in July
The value of construction put in place fell 0.6% during July and that reversed the 0.3% increases during the prior two months. The decline was as-expected. Year-to-year, construction was down 4.8% but the level of activity so far this [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 29 2008Michigan Consumer Sentiment Improved Further in August
The University of Michigan's reading of consumer sentiment for this month rose 2.9% from July to an index level of 63.0. That was firmer than a 0.8% uptick reported in the mid-month survey. The gain followed a 8.5% increase in July [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 29 2008U.S. Income Fell Without the Stimulus Checks
Nominal personal income fell 0.7% in July after gains of 0.1% and 1.8% during the prior two months. Those increases were lifted by $90B from the government's tax rebate checks. The June drop in personal income exceeded Consensus [...]
by:Tom Moeller
|in:Economy in Brief
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