Factory inventories rose 0.5% in February, down from the 1.3% surge during January. Despite the lesser rate of monthly gain, the three month growth in inventories jumped to 11.3% (AR) which was near its strongest since early 2005. [...]
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| Apr 02 2008U.S. Factory Inventory Rise Continued Firm
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 01 2008
U.S. Construction Spending Slipped; Nonresidential Activity Slackened
The value of construction put in place slipped 0.3% during February and January was revised to less of a decline of 1.0%. The latest decline was the fifth consecutive monthly drop and the level was 8.5% below the March 2006 peak. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 01 2008
U.S. Chain Store Sales Slipped Again
Chain store sales slipped another 0.2% last week, according to the International Council of Shopping Centers ICSC-UBS Chain Store survey. Together with the prior week's 0.4% slip, the two declines left sales in March essentially flat [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 01 2008
ISM Factory Sector Index Ticked Higher But Still Was Below 50
The Institute of Supply Management (ISM) reported that in March its Composite Index of Manufacturing Sector Activity ticked up to 48.6 from 48.3 in February. The rise exceeded Consensus expectations for a decline to 47.5. However, the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 01 2008
ISM Factory Sector Index Ticked Higher But Still Was Below 50
The Institute of Supply Management (ISM) reported that in March its Composite Index of Manufacturing Sector Activity ticked up to 48.6 from 48.3 in February. The rise exceeded Consensus expectations for a decline to 47.5. However, the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 31 2008
Commodity Prices Surge
Not only have petroleum prices and gold prices surged, but in their wake has been broad based strength in commodity prices. Industrial metals have remained strong recently despite the weakening of U.S. industrial sector activity. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 31 2008
Commodity Prices Surge
Not only have petroleum prices and gold prices surged, but in their wake has been broad based strength in commodity prices. Industrial metals have remained strong recently despite the weakening of U.S. industrial sector activity. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 28 2008
Michigan Consumer Sentiment Fell Further
The University of Michigan's consumer sentiment index for all of March fell 1.8% m/m to 69.5. That was larger than the 0.4% decline in the preliminary reading and it was just slightly greater than Consensus expectations for a reading [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 28 2008
U.S. Real DPI Up 0.3%, Real PCE Flat, Prices Easy
Nominal personal income grew 0.5% last month and beat Consensus expectations for a 0.3% gain. The rise lifted the three-month growth in income to 4.8%, its best since September. Wage & salary income moderated a bit and rose 0.3% after [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 28 2008
U.S. Real DPI Up 0.3%, Real PCE Flat, Prices Easy
Nominal personal income grew 0.5% last month and beat Consensus expectations for a 0.3% gain. The rise lifted the three-month growth in income to 4.8%, its best since September. Wage & salary income moderated a bit and rose 0.3% after [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 27 2008
U.S. Help-Wanted Advertising Back to Record Low in January
The index of help-wanted advertising reported by the Conference Board dipped last month to a reading of 21 from an upwardly revised 22 in January. The latest level was equal to the record low hit last November. During the last ten [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 27 2008
U.S. Weekly Initial Jobless Insurance Claims Dipped
Initial unemployment insurance claims fell back last week by 9,000 to 366,000 after an upwardly revised 28,000 increase during the prior week. The latest was near the highest level since September 2005. Consensus expectations had been [...]
by:Tom Moeller
|in:Economy in Brief
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