The University of Michigan's full- month reading of consumer sentiment for October fell 3.0% to 80.9. That roughly doubled the 1.7% decline reported for early October; it followed no change in September and a huge 7.7% drop in August. [...]
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| Oct 26 2007Michigan Consumer Sentiment Added To Decline in Early October
by:Tom Moeller
|in:Economy in Brief
Domestic inflation is the more nettlesome here The less than one year in duration statistics in the table below are not as meaningful for export and import prices as they are not seasonally adjusted. But overall the trends in the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 25 2007
US Home Sales Stable at Lower Level, Revisions Down
New single family home sales rose 4.8% last month and recovered much of the prior month's 7.9% m/m decline. Nevertheless, sales during the latest three months averaged 41.6% below the peak hit in the middle of 2005. New home sales in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 25 2007
U.S. Durable Goods Orders Down Big for Second Month
Durables goods orders fell sharply in September by 1.7% following a 5.3% drop during in August. That was revised slightly deeper from the initial report. Much of series' volatility is due to orders in the transportation sector. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 25 2007
U.S. Initial Claims for Jobless Insurance Remained High
Initial claims for unemployment insurance remained high at 331,000 last week versus an upwardly revised level of 339,000 during the prior week. The decline in claims last week fell short of Consensus expectations for a decline of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 25 2007
U.S. Initial Claims for Jobless Insurance Remained High
Initial claims for unemployment insurance remained high at 331,000 last week versus an upwardly revised level of 339,000 during the prior week. The decline in claims last week fell short of Consensus expectations for a decline of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 23 2007
U.S. Chain Store Sales Lost Steam as Gasoline Prices Ticked Up
The International Council of Shopping Centers (ICSC)-UBS reported that chain store sales last week retraced all of the prior week's rise with a 1.5% decline. That drop followed the 1.0% gain in the prior week but nevertheless was the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 23 2007
U.S. Chain Store Sales Lost Steam as Gasoline Prices Ticked Up
The International Council of Shopping Centers (ICSC)-UBS reported that chain store sales last week retraced all of the prior week's rise with a 1.5% decline. That drop followed the 1.0% gain in the prior week but nevertheless was the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 22 2007
U.S. Loan Delinquencies & Foreclosures Soar
Through the second quarter of this year, delinquent payments on loans at commercial banks in the U.S. has soared to the highest level since 2004. The rate on residential loans is up to the highest since the recession year 2001. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 22 2007
U.S. Loan Delinquencies & Foreclosures Soar
Through the second quarter of this year, delinquent payments on loans at commercial banks in the U.S. has soared to the highest level since 2004. The rate on residential loans is up to the highest since the recession year 2001. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 19 2007
U.S. Empire State Index Improved
The October index of manufacturing activity in New York State reversed its September deterioration and rose 14.1 points to 28.75, its highest level since July 2004. The figures are reported by the Federal Reserve Bank of New York. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 19 2007
U.S. Empire State Index Improved
The October index of manufacturing activity in New York State reversed its September deterioration and rose 14.1 points to 28.75, its highest level since July 2004. The figures are reported by the Federal Reserve Bank of New York. [...]
by:Tom Moeller
|in:Economy in Brief
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