The Conference Board reported that consumer confidence rose a surprising 9.6% this month after a moderate 1.8% July gain. The rise contrasted with Consensus expectations for just a modest increase. The increase was fueled by a 23.7% [...]
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| Aug 26 2008Consumer Confidence Up in August
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 25 2008
Chicago Fed Index Slightly Weaker in July
For July, the Chicago Federal Reserve Bank indicated that its National Activity Index (CFNAI) weakened slightly. The reading of -0.67 was lower than the revised figure of -0.59 in June. The three-month moving average of the index, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 25 2008
U.S. Existing Home Sales Highest Since February
The level of existing homes rose 3.1% last month to 5.00 million. The figure, reported by the National Association of Realtors, more than made up a 2.8% decline during June and the rise lifted sales to the highest level since [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 25 2008
Chicago Fed Index Slightly Weaker in July
For July, the Chicago Federal Reserve Bank indicated that its National Activity Index (CFNAI) weakened slightly. The reading of -0.67 was lower than the revised figure of -0.59 in June. The three-month moving average of the index, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 15 2008
Michigan Consumer Sentiment Rose Slightly Early in August
The University of Michigan's mid-August reading of consumer sentiment ticked up 0.8% from July to 61.7. The gain followed the 8.5% increase in July and the level about matched Consensus expectations for a reading of 62.0. The latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 15 2008
U.S. Industrial Production Rose
For July, industrial production rose 0.2% after an unrevised 0.5% gain during June. Consensus expectations had been for no change in output last month. Utility output reversed its June increase and fell by 1.8% as the summer heat [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 15 2008
U.S. Empire State Index Slightly Positive
The Federal Reserve Bank of New York reported that its July index of manufacturing activity in the Empire State improved to a slightly positive 2.77 after having been at -4.92 during June. It was the first positive reading since April [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 15 2008
U.S. Empire State Index Slightly Positive
The Federal Reserve Bank of New York reported that its July index of manufacturing activity in the Empire State improved to a slightly positive 2.77 after having been at -4.92 during June. It was the first positive reading since April [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 14 2008
U.S. Initial Claims for Unemployment Insurance Dipped
Initial claims for unemployment insurance dipped last week to 450,000 from an upwardly revised 460,000 during the prior week. The latest levels were the highest since March of 2002 and the most recent surpassed Consensus expectations [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 14 2008
U.S. CPI Up 0.8% in July, Y/Y by 5.6%. Boost from Gasoline Prices Now Easing
The consumer price index (CPI-U) for July rose 0.8%. That was down somewhat from the June increase of 1.1%, according to the Bureau of Labor Statistics, but the gain was double the Consensus expectation for a 0.4% rise. The Y/Y [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Aug 14 2008
U.S. CPI Up 0.8% in July, Y/Y by 5.6%. Boost from Gasoline Prices Now Easing
The consumer price index (CPI-U) for July rose 0.8%. That was down somewhat from the June increase of 1.1%, according to the Bureau of Labor Statistics, but the gain was double the Consensus expectation for a 0.4% rise. The Y/Y [...]
by:Tom Moeller
|in:Economy in Brief
Total business inventories jumped 0.7% during June after an upwardly revised 0.4% May increase. The latest increase exceeded Consensus expectations for a 0.5% rise and it was the strongest gain since January. The three-month growth in [...]
by:Tom Moeller
|in:Economy in Brief
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