U.S. real GDP growth last quarter improved to 1.9% from 0.9% during 1Q and from the small decline (revised from a slight increase) during 4Q'07. In addition, growth last year and during 2006 was revised down by 0.2 percentage points [...]
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| Jul 31 2008U.S. 2Q'08 GDP Growth Improved Due to Foreign Trade
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 30 2008
U.S. Gasoline Prices Down Again With Lower Crude Costs
The retail price for a gallon of regular gasoline fell ten cents last week to $3.96 per gallon, according to the U.S. Department of Energy survey. That added to a five cent decline during the prior week and reduced prices to their [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 30 2008
ADP Report: July Payrolls Rose With Service Sector Hiring
The ADP National Employment Report, from the payroll processor, indicated that July private nonfarm payrolls rose 9,000 after a revised 77,000 worker decline during June. Expectations had been for a July decline of 60,000. The U.S. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 30 2008
ADP Report: July Payrolls RoseWith Service Sector Hiring
The ADP National Employment Report, from the payroll processor, indicated that July private nonfarm payrolls rose 9,000 after a revised 77,000 worker decline during June. Expectations had been for a July decline of 60,000. The U.S. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 29 2008
U.S. Chain Store Sales Surged To New High
Chain store sales were reported by the International Council of Shopping Centers to have surged last week. The 1.2% w/w jump was the strongest since early June. It lifted the level of sales to a record high and sales for most of this [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 29 2008
Consumer Confidence Ticked Up During July
Consumer confidence, as reported by the Conference Board, ticked up this month by 1.8% after having dropped a revised 12.2% m/m during June. The rise contrasted with Consensus expectations for a moderate decline and it was the first [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 29 2008
U.S. Gasoline Prices Down Again With Lower Crude Costs
The retail price for a gallon of regular gasoline fell ten cents last week to $3.96 per gallon, according to the U.S. Department of Energy survey. That added to a five cent decline during the prior week and reduced prices to their [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 29 2008
Case-Shiller Home Price Index Down 15.8%
During May the S&P/Case-Shiller Composite 20 home price index fell 1.3% from April. The index was revised up slightly for April but it has fallen during each month since July 2006. Since then prices have fallen 18.4% and by 15.8% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 29 2008
Consumer Confidence Ticked Up During July
Consumer confidence, as reported by the Conference Board, ticked up this month by 1.8% after having dropped a revised 12.2% m/m during June. The rise contrasted with Consensus expectations for a moderate decline and it was the first [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 25 2008
Michigan Consumer Sentiment Better Than Expected in July
The University of Michigan's July reading of consumer sentiment rose 8.5% from June, an improvement from the read for early July which showed a 0.4% uptick versus the June average. The rise beat Consensus expectations for a reading of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 25 2008
U.S. New-Home Sales Dipped in June, Decline Stabilizing?
Sales new single-family homes in June dipped 0.6% to 530,000. The fall added to a 1.7% drop during May that was a much shallower decline than initially reported. The level of sales in June was down 61.8% from the July 2005 peak. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 25 2008
U.S. Durable Goods Orders Rose. Less Transportation Orders Jumped
Orders for durable goods rose 0.8% last month and the increase followed a 0.1% uptick during May. Consensus expectations had been for a 0.4% decline during June. The figures of late, however, have been very much influenced by weakness [...]
by:Tom Moeller
|in:Economy in Brief
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