U.S. real GDP growth during 4Q '07 was unrevised, as expected, at 0.6% (AR). Growth during the last two quarters was down sharply from an average gain during the prior two periods of 4.4%. Reported for the first time were corporate [...]
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| Mar 27 2008U.S. 4Q GDP Growth Unrevised at 0.6%, Profits Fell
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 27 2008
U.S. 4Q GDP Growth Unrevised at 0.6%, Profits Fell
U.S. real GDP growth during 4Q '07 was unrevised, as expected, at 0.6% (AR). Growth during the last two quarters was down sharply from an average gain during the prior two periods of 4.4%. Reported for the first time were corporate [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 26 2008
U.S. New Home Sales Down Again
New single family home sales fell 1.8% during February to 590,000 after a 1.6% January decline that was slightly less than reported initially. The decline dropped sales to the lowest level since 1995 and they were down 57.5% since the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 26 2008
U.S. Durable Goods Orders Post Surprising Decline
New orders for durable manufactured goods fell 1.7% last month. During January orders declined 4.7% and that was slightly less severe than originally reported. Consensus expectations had been for a slight uptick in February orders. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 26 2008
U.S. Durable Goods Orders Post Surprising Decline
New orders for durable manufactured goods fell 1.7% last month. During January orders declined 4.7% and that was slightly less severe than originally reported. Consensus expectations had been for a slight uptick in February orders. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 25 2008
U.S. Chain Store Sales Backpedal
The International Council of Shopping Centers ICSC-UBS Chain Store survey indicated that chain store sales last week fell 0.4% and gave back all of the prior week's modest increase. The decline left sales so far in March up a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 25 2008
U.S. Petroleum Prices Tick Lower
Retail gasoline prices ticked down two cents last week after rising strongly during each of the prior five weeks. The retreat to $3.26 per gallon was so modest that prices so far in March are still up 6.6% from February. They were [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 25 2008
Case-Shiller Home Price Index Posts 10.7% y/y Decline
The S&P/Case-Shiller Composite 20 home price index fell 2.4% m/m in January. As a result this index of U.S. home prices was down 10.7% from January of 2007, a record decline for this series which dates back only to 2000. Home prices [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 25 2008
Consumer Confidence Fell Sharply
The Conference Board reported today that consumer confidence in March again fell sharply. The 15.6% m/m decline to a reading of 64.5 followed February's 12.4% drop. It was the sharpest two month decline since late 1991. A consensus of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 25 2008
Consumer Confidence Fell Sharply
The Conference Board reported today that consumer confidence in March again fell sharply. The 15.6% m/m decline to a reading of 64.5 followed February's 12.4% drop. It was the sharpest two month decline since late 1991. A consensus of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 24 2008
Chicago Fed Index So Low Perhaps Indicates Recession
The February National Activity Index (CFNAI) published by the Chicago Federal Reserve fell to its lowest level since April of 2003. At a negative 1.04 following downwardly revised readings in January and December '07 the latest figure [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 24 2008
U.S. Existing Home Sales Rose Slightly. Momentum Changing?
According to the National Association of Realtors, existing home sales in February rose 2.9% m/m to 5.030M from an unrevised January level which fell 0.4%. The rise contrasted with Consensus expectations for a slight decline. There [...]
by:Tom Moeller
|in:Economy in Brief
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