The Chicago Purchasing Manager's Association reported that its November business barometer improved to 52.9 and the 3.2 point rise from October reversed most of that month's deterioration. The latest figure was better than expected. [...]
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| Nov 30 2007Chicago Purchasing Managers Survey Improved
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 30 2007
U.S. Construction Spending Down in October, But Stabilizing?
The value of construction put in place fell again October. The 0.8% decline followed a modest 0.2% uptick during September but the three month growth in activity has stabilized at -1.0% (AR), an improvement from the double digit rate [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 30 2007
U.S. Personal Income Light, Real DPI Down and Real PCE Easier
Personal income during October rose 0.2% and the increase fell slightly short of Consensus forecasts for a 0.4% gain. The rise followed two months of 0.4% increased it lowered the three month growth in income to 4.3% (AR), its worst [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 30 2007
U.S. Personal Income Light, Real DPI Down and Real PCE Easier
Personal income during October rose 0.2% and the increase fell slightly short of Consensus forecasts for a 0.4% gain. The rise followed two months of 0.4% increased it lowered the three month growth in income to 4.3% (AR), its worst [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 29 2007
Home Price Appreciation Slowest in Three Years
According to the Office of Federal Housing Enterprise Oversight (OFHEO), home prices in the U.S. fell last quarter and that was the first q/q decline since 1994. The decline pulled the y/y change in prices to a still positive 1.7% but [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 29 2007
U.S. Initial Unemployment Insurance Claims Surged
Initial claims for unemployment insurance surged much more than expectations to the highest level since early this year. The 23,000 rise last week to 352,000 followed a little revised 12,000 decline during the week prior. The early [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 29 2007
US Home Sales Ticked Up in October, Revisions Way Down
New single family home sales rose a modest 1.7% last month to 728,00 but the prior month's figures were revised down to the point where so far this year, new home sales are down by nearly one third. Sales during the latest three [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 29 2007
US 3Q GDP Up 4.9%: Trade & Inventories Boosted Revision, Profits Fell
U.S. real GDP growth during the third quarter was revised upward to 4.9% (AR) from 3.9% in the advance report. The latest figures from the Commerce Department were about as expected. The revision came from two components only: net [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 29 2007
US 3Q GDP Up 4.9%: Trade & Inventories Boosted Revision, Profits Fell
U.S. real GDP growth during the third quarter was revised upward to 4.9% (AR) from 3.9% in the advance report. The latest figures from the Commerce Department were about as expected. The revision came from two components only: net [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 28 2007
Existing Home Sales Down and So Goes Prices
Another low was reached by existing home sales last month. The level of 4,970 (AR) about met expectations but was the lowest on record which extends back only to 1999. The tally of single family home sales, however, extends further [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 28 2007
U.S. Durable Goods Orders Down Big for Second Month
Orders for durable manufactured goods fell for the third consecutive month. The 0.4% slip in October followed a 1.4% slide in September that was only slightly revised. The latest slip contrasted with Consensus expectations for a 0.2% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 28 2007
U.S. Durable Goods Orders Down Big for Second Month
Orders for durable manufactured goods fell for the third consecutive month. The 0.4% slip in October followed a 1.4% slide in September that was only slightly revised. The latest slip contrasted with Consensus expectations for a 0.2% [...]
by:Tom Moeller
|in:Economy in Brief
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