Total existing home sales fell 1.3% during June to 6.620M. The decline, however, was slightly less than Consensus expectations for a fall in sales to 6.60M. In addition, it followed a 0.6% May drop that was shallower than originally [...]
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 25 2006Price Concessions Support U.S. Existing Home Sales
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 25 2006
Consumer Confidence Improved Unexpectedly
Consumer confidence as reported by the Conference Board rose 1.0% in July to 106.5 and added to a 0.7% June increase that was revised down slightly from the initial report. Consensus expectations had been for a decline in confidence [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 25 2006
Consumer Confidence Improved Unexpectedly
Consumer confidence as reported by the Conference Board rose 1.0% in July to 106.5 and added to a 0.7% June increase that was revised down slightly from the initial report. Consensus expectations had been for a decline in confidence [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 24 2006
ECRI Leading Index Flat During 2006
The weekly leading index of the US economy published by the Economic Cycle Research Institute (ECRI) was unchanged in the latest week, a performance which typifies the index's movement during 2006. Versus its year end 2005 level, the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 24 2006
ECRI Leading Index Flat During 2006
The weekly leading index of the US economy published by the Economic Cycle Research Institute (ECRI) was unchanged in the latest week, a performance which typifies the index's movement during 2006. Versus its year end 2005 level, the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 21 2006
Regional Fed Bank Surveys Indicate Slower Growth
The Federal Reserve Bank of Richmond Mfg. Survey did improve in June, but the low reading of 4 still was down sharply from the highs reached earlier this year. The m/m rise reflected scant improvement in shipments & new orders though [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 21 2006
Regional Fed Bank Surveys Indicate Slower Growth
The Federal Reserve Bank of Richmond Mfg. Survey did improve in June, but the low reading of 4 still was down sharply from the highs reached earlier this year. The m/m rise reflected scant improvement in shipments & new orders though [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 20 2006
Philadelphia Fed Business Activity Index Lowest Since January
The Philadelphia Federal Reserve Bank's July Index of General Business Conditions in the manufacturing sector dropped to 6.0 from an unrevised 13.1 during June. The decline exceeded Consensus expectation for a drop to 12.4. The July [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 20 2006
Mass Layoffs Rose in June and During 2Q
The number of mass layoff events rose 2.1% during June. Though the number remained down sharply from last year, for all of 2Q the number of events rose 1.6% from 1Q 2006, the first q/q increase in nearly two years. During the last ten [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 20 2006
Leading Economic Indicators Nudged Higher
The Conference Board reported that the composite index of leading economic indicators ticked up 0.1% in June, the first increase in three months, and followed an unrevised 0.6% decline the prior month. Consensus expectations had been [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 20 2006
Initial Claims for Unemployment Insurance At One Month Low
Initial claims for unemployment insurance fell 30,000 to 304,000 last week after an upwardly revised 20,000 increase during the prior week. Consensus expectations had been for a lesser decline to 320,000 claims. The figure covers the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 20 2006
Philadelphia Fed Business Activity Index Lowest Since January
The Philadelphia Federal Reserve Bank's July Index of General Business Conditions in the manufacturing sector dropped to 6.0 from an unrevised 13.1 during June. The decline exceeded Consensus expectation for a drop to 12.4. The July [...]
by:Tom Moeller
|in:Economy in Brief
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