For September, the Conference Board indicated that consumer confidence recovered most of the prior month's drop, which was revised shallower, with a 4.3% increase to 104.5. Consensus expectations had been for a more moderate increase [...]
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| Sep 26 2006Consumer Confidence Recovered
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 25 2006
U.S. Existing Home Sales Hold Up As Prices Fell
Total existing home sales fell just 0.5% during August to 6.30M according to the National Association of Realtors, and it was the sixth decline this year. Though it lowered sales 13.3% below the peak in June of 2005, the decline [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 25 2006
U.S. Existing Home Sales Hold Up As Prices Fell
Total existing home sales fell just 0.5% during August to 6.30M according to the National Association of Realtors, and it was the sixth decline this year. Though it lowered sales 13.3% below the peak in June of 2005, the decline [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 22 2006
Energy & Gold Prices Deflate
At $61.05 yesterday for a barrel of WTI crude oil, the price has fallen 21% from this past summer's peak of $77.00.That decline has been accompanied by a 38% decline in the spot price for unleaded gasoline to $1.51 per gallon from [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 22 2006
Energy & Gold Prices Deflate
At $61.05 yesterday for a barrel of WTI crude oil, the price has fallen 21% from this past summer's peak of $77.00.That decline has been accompanied by a 38% decline in the spot price for unleaded gasoline to $1.51 per gallon from [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 21 2006
Philadelphia Fed Index Negative
The Philadelphia Federal Reserve Bank's September Index of General Business Conditions in the manufacturing sector was negative for the first month since April 2003. The figure fell to -0.4 from an unrevised, very firm 18.5 in August. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 21 2006
Chicago Fed Nat'l Activity Index Negative Again
The August National Activity Index (CFNAI) from the Federal Reserve Bank of Chicago at -0.18 was negative for the third month in the last four and that was enough to pull the three-month moving average of the CFNAI fell to 0.05, its [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 21 2006
Mass Layoffs Up
In August, the number of mass layoff events rose for the third consecutive month. The 6.0% m/m increase pulled the y/y comparison positive for the first time since December. During the last ten years there has been a (negative) 85% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 21 2006
Leading Economic Indicators Fell
The composite index of leading economic indicators fell 0.2% in August for the second month. It was the fifth m/m decline in the index reported by the Conference Board this year and matched Consensus expectations. During the last ten [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 21 2006
Initial Jobless Insurance Claims Rose More Than Expected
Initial claims for unemployment insurance rose 7,000 last week to 318,000 reversing two weeks of moderate decline. Consensus expectations had been for 310,000 claims. Last year, claims surged in the aftermath of Hurricane Katrina. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 21 2006
Initial Jobless Insurance Claims Rose More Than Expected
Initial claims for unemployment insurance rose 7,000 last week to 318,000 reversing two weeks of moderate decline. Consensus expectations had been for 310,000 claims. Last year, claims surged in the aftermath of Hurricane Katrina. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 20 2006
Federal Funds Rate Again Held at 5.25%
The target interest rate for Federal funds was again held steady at 5.25% at today's meeting of the Federal Open Market Committee. Voting against the decision for the second time was Richmond Federal Reserve Bank President Jeffrey M. [...]
by:Tom Moeller
|in:Economy in Brief
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