The Chicago Federal Reserve Bank's Midwest manufacturing index fell 0.4% last month and it was the third consecutive monthly decline. The three month growth rate in the index dropped to -6.5% (AR), its worst since 2003. During 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| Nov 30 2006Chicago Fed Survey of Factory Activity Down
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 30 2006
Help-Wanted Advertising Low
The Conference Board reported that its Index of Help-Wanted Advertising in October ticked up to 30 in October from a downwardly revised reading of 29 in September. During the last ten years there has been a 57% correlation between the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 30 2006
Initial Claims for Jobless Insurance Jumped
Initial claims for unemployment insurance jumped 34,000 last week to 357,000 from an upwardly revised level during the prior period. Consensus expectations had been for a decline to 317,000. No specific factors were sighted by the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 30 2006
U.S. Personal Income Gain Light, Core Prices Firmer
Personal income for October rose a bit less than expectations with a 0.4% increase after an unrevised 0.5% September gain. The disappointment in last month's income gain, however, was confined to a 3.9% (-8.7% y/y) decline in rental [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 30 2006
U.S. Personal Income Gain Light, Core Prices Firmer
Personal income for October rose a bit less than expectations with a 0.4% increase after an unrevised 0.5% September gain. The disappointment in last month's income gain, however, was confined to a 3.9% (-8.7% y/y) decline in rental [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 29 2006
Mortgage Applications Down on Lower Refis
The total number of mortgage applications repeated the prior period's decline and fell 3.9% last week, according to the Mortgage Bankers Association. Last week's decline was due to a collapse in applications to refinance which doubled [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 29 2006
New Home Sales Fell, Prices Increase
Sales of new single family homes fell 3.7% to 1.004M during October and reversed all of a downwardly revised gain the prior month. The decline exceeded expectations for stability near 1.050M. Moving in the other direction, the median [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 29 2006
US 3Q GDP Growth Revised Up, Profits Firm
U.S. real GDP growth for 3Q '06 was revised up to 2.2% (AR) from the advance estimate of just 1.6% growth. The revision exceeded Consensus estimates for a 1.8% increase. However, the rise in GDP last quarter still was the second [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 29 2006
US 3Q GDP Growth Revised Up, Profits Firm
U.S. real GDP growth for 3Q '06 was revised up to 2.2% (AR) from the advance estimate of just 1.6% growth. The revision exceeded Consensus estimates for a 1.8% increase. However, the rise in GDP last quarter still was the second [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 28 2006
Gasoline Prices Up Another Penny
Regular unleaded gasoline prices at the pump rose a penny last week to an average $2.25 per gallon after the penny increase during the prior week. Average gas prices this month nevertheless fell two cents from the October average of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 28 2006
Weekly Chain Store Sales Slip, Month A Bit Better
Chain store sales during Thanksgiving week slipped 0.4% after a 1.2% surge the prior period, according to the International Council of Shopping Centers (ICSC)-UBS. Despite the decline November sales advanced 0.3% from the October [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 28 2006
Consumer Confidence Slipped Again
The Conference Board reported that November consumer confidence fell 2.1% to 102.9 following a downwardly revised 0.8% slip during October. The decline ran counter to Consensus expectations for an increase to 106.4. During the last [...]
by:Tom Moeller
|in:Economy in Brief
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