The July index of manufacturing activity in New York State added slightly to the improvement in June. The Index of General Business Conditions rose 0.71 points on top of its 17.72 jump during June. Consensus expectations for the [...]
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| Jul 16 2007Empire State Index Adds To June Surge
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 13 2007
Michigan Consumer Sentiment Rebounded
The University of Michigan's preliminary reading of consumer sentiment this month jumped 8.3% to 92.4, the highest level since January.The latest contrasted with Consensus expectations for only a reading of 86. The consumer [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 13 2007
U.S. Import Prices Jumped Again in June
Surging petroleum prices fueled a 1.0% jump in overall import prices last month. The jump was about equal to the May rise and easily beat Consensus expectations for a 0.6% gain. The increase occurred as petroleum import prices surged [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 13 2007
U.S. Budget Reverses May Shortfall
The U.S. federal government ran a surplus of $27.5B last month versus a deep deficit during May. Last months surplus was up from the June 2006 figure of $20.B. The monthly figure was near Consensus expectations for a surplus of $30B. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 13 2007
U.S. June Retail Sales Fell After Huge Gain in May
In June, US retail sales fell 0.9% after a 1.5% gain during May that was revised from 1.4%. The figure for last month fell short of Consensus expectations for a modest 0.1% rise. Excluding autos, retail sales fell 0.4% but a revised [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 13 2007
U.S. June Retail Sales Fell After Huge Gain in May
In June, US retail sales fell 0.9% after a 1.5% gain during May that was revised from 1.4%. The figure for last month fell short of Consensus expectations for a modest 0.1% rise. Excluding autos, retail sales fell 0.4% but a revised [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2007
June Payrolls Beat Forecasts. Prior Months Revised Up
Nonfarm payrolls grew by 132,000 during June, an increase that slightly beat the Consensus forecast for a 125,000 rise. In addition, the prior two months' gains were upwardly revised by a collective 75,000. The unemployment rate held [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2007
June Payrolls Beat Forecasts. Prior Months Revised Up
Nonfarm payrolls grew by 132,000 during June, an increase that slightly beat the Consensus forecast for a 125,000 rise. In addition, the prior two months' gains were upwardly revised by a collective 75,000. The unemployment rate held [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 05 2007
ISM Nonmanufacturing Index Indicates Strength in Services
The non-manufacturing sector Business Activity Index for June rose to 60.7, up a point m/m, and the gain was to the highest level since April 2006 according to the Institute for Supply Management. Since the series' inception in 1997 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 05 2007
Initial Jobless Insurance Claims Up Slightly
Initial unemployment insurance claims rose 2,000 to 318,000last week after a 10,000 increase the week prior. During the last ten years there has been a (negative) 77% correlation between the level of initial claims and the m/m change [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 05 2007
U.S. Vehicle Sales Lowest Since 2005
Last month, U.S. sales of light vehicles fell for the sixth consecutive month this year. The 3.4% m/m decline to an annualized selling rate of 15.6M units, according to the Autodata Corporation, was to the lowest level since October [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 05 2007
U.S. Vehicle Sales Lowest Since 2005
Last month, U.S. sales of light vehicles fell for the sixth consecutive month this year. The 3.4% m/m decline to an annualized selling rate of 15.6M units, according to the Autodata Corporation, was to the lowest level since October [...]
by:Tom Moeller
|in:Economy in Brief
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