The National Association of Realtors reported that pending home sales in November fell 2.6% m/m and reversed most of the October gain. The level of sales remained down 22.7% year to date. The latest monthly figure is about one third [...]
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| Jan 08 2008U.S. Pending Home Sales Down Slightly in November
by:Tom Moeller
|in:Economy in Brief
Global| Jan 08 2008Small Business Optimism Remained Low
In December, small business optimism ticked up a slight 0.2% following sharp declines during most of the year according to the National Federation of Independent Business (NFIB). The latest was near the lowest level since September [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 08 2008Small Business Optimism Remained Low
In December, small business optimism ticked up a slight 0.2% following sharp declines during most of the year according to the National Federation of Independent Business (NFIB). The latest was near the lowest level since September [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 07 2008U.S. Construction Spending Up Slightly in November
The value of construction put in place rose slightly in November by 0.1%. That followed a 0.4% October decline which was softer than the 0.8% drop reported initially. The revision was due to a rise in nonresidential building instead [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 07 2008U.S. Construction Spending Up Slightly in November
The value of construction put in place rose slightly in November by 0.1%. That followed a 0.4% October decline which was softer than the 0.8% drop reported initially. The revision was due to a rise in nonresidential building instead [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 06 2008U.S. Gasoline Prices Moved Higher
Regular gasoline prices moved seven cents higher last week and nearly recouped the declines of the prior three periods, according to the U.S. Department of Energy survey. Nevertheless, at $1.68 per gallon the price was about even with [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 04 2008U.S. ISM Non-manufacturing Index Fell Again
According to the Institute for Supply Management, the December Business Activity Index for the non-manufacturing sector fell to 53.9 from 54.1. A figure above 50 indicates rising activity and the m/m decline somewhat outpaced [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 04 2008U.S. Vehicle Sales Tick Up in December, Down in 2007
U.S. sales of light vehicles rose all of 0.4% last month to a 16.27M unit annual selling rate, according to the Autodata Corporation. The uptick followed a 0.9% increase during November. These recent upticks left sales for the year [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 04 2008U.S. Payrolls Weak, Unemployment Rate Surged
For December, the Bureau of Labor Statistics reported that nonfarm payrolls rose a meager 18,000 versus expectations for a 50,000 increase. That expectation was ratcheted down after yesterday's ADP report of a modest 40,000 increase [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 04 2008U.S. Payrolls Weak, Unemployment Rate Surged
For December, the Bureau of Labor Statistics reported that nonfarm payrolls rose a meager 18,000 versus expectations for a 50,000 increase. That expectation was ratcheted down after yesterday's ADP report of a modest 40,000 increase [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 03 2008U.S. Initial Claims for Jobless Insurance Retreated, but 2005 Revisited
Initial claims for jobless insurance fell 21,000 last week to 336,000 after a 9,000 rise during the prior week. During the week prior claims had risen a sharp 14,000, so the latest figure reversed nearly all of those two increases. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 03 2008Challenger Layoffs Fell Back
Challenger, Grey & Christmas reported that job cut announcements in December fell back to 44,416 after 73,140 during November. The number of announcements was the lowest since the middle of last year. Job cut announcements fell [...]
by:Tom Moeller
|in:Economy in Brief
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