The Mortgage Bankers' Association today reported that foreclosures started on all mortgages rose to a still low 0.78% of mortgages outstanding. Nevertheless, that was by far the highest foreclosure rate on record. Foreclosure rates on [...]
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| Dec 06 2007U.S. Mortgage Foreclosures: Conventional Up, Subprime Soared
by:Tom Moeller
|in:Economy in Brief
Global| Dec 05 2007U.S. Factory Inventory Gain Moderate
Factory inventories ticked up 0.1% during October following a 0.6% surge in September. The three month in manufacturers' inventories remained stable at 2.3% (AR) but that was much more moderate than in prior years. Excluding the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 05 2007Challenger Layoffs Picked Up Modestly
Challenger, Grey & Christmas reported that job cut announcements in November picked up slightly to 73,140 from 63,114 during October. The number of job cut announcements has moved roughly sideways this year at a level reduced from [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 05 2007ADP Report: Private Payroll Growth Improved Further
The ADP National Employment Report, reported by the payroll processor, indicated that private nonfarm payroll growth improved further to 189,000 during November after a revised 119,000 rise in October.
by:Tom Moeller
|in:Economy in Brief
Global| Dec 05 2007U.S. ISM Non-manufacturing Index Slipped, Prices Soared
According to the Institute for Supply Management, the November Business Activity Index for the non-manufacturing sector slipped to 54.1 from 55.8. A figure above 50 indicates rising activity and the m/m decline somewhat outpaced [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 05 2007Q3 Productivity Revised Up, Unit Labor Costs Revised Down
Due mostly to an upward revision in output, nonfarm labor productivity growth last quarter was revised up to 6.3% from 4.9%. The revised gain matched Consensus estimates and it was the quickest quarterly rise in four years. The [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 05 2007Q3 Productivity Revised Up, Unit Labor Costs Revised Down
Due mostly to an upward revision in output, nonfarm labor productivity growth last quarter was revised up to 6.3% from 4.9%. The revised gain matched Consensus estimates and it was the quickest quarterly rise in four years. The [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 04 2007U.S. Vehicle Sales Still Driven By Gasoline Prices
U.S. sales of light vehicles nudged up 0.9% last month to a 16.20M unit annual selling rate, according to the Autodata Corporation. The uptick followed declines in four of the prior five months. Nevertheless, sales so far in 4Q are [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 04 2007U.S. Chain Store Sales Collapsed, But Did They?
In the biggest weekly decline since 2006, chain store sales collapsed 2.0% w/w in the final period of this year, according to the International Council of Shopping Centers (ICSC)-UBS. The decline probably is not indicative, however, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 04 2007U.S. Chain Store Sales Collapsed, But Did They?
In the biggest weekly decline since 2006, chain store sales collapsed 2.0% w/w in the final period of this year, according to the International Council of Shopping Centers (ICSC)-UBS. The decline probably is not indicative, however, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 03 2007ISM Index Still Low at an Expected 50.8
For November, the Institute of Supply Management (ISM) reported that its Composite Index of Manufacturing Sector Activity was about unchanged from the October level. The figure of 50.8 essentially met Consensus expectations for a [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 03 2007ISM Index Still Low at an Expected50.8
For November, the Institute of Supply Management (ISM) reported that its Composite Index of Manufacturing Sector Activity was about unchanged from the October level. The figure of 50.8 essentially met Consensus expectations for a [...]
by:Tom Moeller
|in:Economy in Brief
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