The National Association of Realtors reported that the level of pending sales of existing homes fell an expected 1.0% after a deepened 2.8% February decline. Sales during 1Q08 were down 11.9% from the average sales level in 2007. [...]
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| May 07 2008U.S. Pending Home Sales Again Fell in March, As Expected
by:Tom Moeller
|in:Economy in Brief
Global| May 07 2008U.S. Productivity Growth Firm, Unit Labor Costs Contained
Nonfarm labor productivity rose 2.2% last quarter after 1.8% growth during 4Q07. The latest gain was slightly stronger than the expected 1.8% figure and at 3.2%, the year-to-year rise in productivity was the firmest since early 2004. [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 07 2008U.S. Productivity Growth Firm, Unit Labor Costs Contained
Nonfarm labor productivity rose 2.2% last quarter after 1.8% growth during 4Q07. The latest gain was slightly stronger than the expected 1.8% figure and at 3.2%, the year- to- year rise in productivity was the firmest since early [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 06 2008U.S. Chain Store Sales Dipped Last Week
In its ICSC-UBS Chain Store survey, the International Council of Shopping Centers reported that sales dipped 0.2% last week after the prior period's 0.9% rise.
by:Tom Moeller
|in:Economy in Brief
Global| May 06 2008U.S. Gasoline Prices Stable at $3.61 per Gallon, WTI Crude Down
The retail price for a gallon of regular gasoline was relatively stable last week. A penny rise to $3.61 per gallon, according to the U.S. Department of Energy survey, followed a ten cent increase during the last week of April.Prices [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 06 2008U.S. Gasoline Prices Stable at $3.61 per Gallon, WTI Crude Down
The retail price for a gallon of regular gasoline was relatively stable last week. A penny rise to $3.61 per gallon, according to the U.S. Department of Energy survey, followed a ten cent increase during the last week of April.Prices [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 05 2008U.S. April ISM Non-Manufacturing Index Improved, Trend Still Lower
For April, the Institute for Supply Management reported that its Composite Index for the non-manufacturing sector improved further. At 52.0, the index was up from 49.6 in March and it was well up from the recent low of 44.6 in [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 05 2008U.S. April ISM Non-Manufacturing Index Improved, Trend Still Lower
For April, the Institute for Supply Management reported that its Composite Index for the non-manufacturing sector improved further. At 52.0, the index was up from 49.6 in March and it was well up from the recent low of 44.6 in [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 02 2008U.S. Higher Gasoline Prices Weigh on Light Vehicle Sales
U.S. sales of light vehicles during April dropped another 4.8% m/m to a 14.39M unit annual selling rate, according to the Autodata Corporation. So far this year vehicle sales have fallen 11.1% while, since December, gasoline prices [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 02 2008U.S. Payrolls Declined For Fourth Straight Month, Unemployment Slipped
The Bureau of Labor Statistics reported that for the fourth consecutive month nonfarm payrolls fell. The 20,000 worker decline in April fell short of expectations for a decline of 78,000 and it followed a little revised 81,000 drop in [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 02 2008U.S. Payrolls Declined For Fourth Straight Month, Unemployment Slipped
The Bureau of Labor Statistics reported that for the fourth consecutive month nonfarm payrolls fell. The 20,000 worker decline in April fell short of expectations for a decline of 78,000 and it followed a little revised 81,000 drop in [...]
by:Tom Moeller
|in:Economy in Brief
Global| May 01 2008U.S. Construction Spending Off Sharply
The value of construction put in place in March fell a more-than-expected 1.1% but February's level was revised up. The latest decline was the fifth in the last six months and the March level was 8.4% below the peak two years ago. The [...]
by:Tom Moeller
|in:Economy in Brief
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