Chain store sales fell sharply last week. The 1.0% w/w decline followed a similar 0.8% drop the prior week, reported the International Council of Shopping Centers (ICSC)-UBS. Declines during three of the four weeks this month pulled [...]
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| May 31 2006Chain Store Sales Fell Sharply
by:Tom Moeller
|in:Economy in Brief
- Global| May 31 2006
ADP Nat'l Employment Report: Slimmer Gain in May Payrolls
The Nat'l Employment Report published by ADP, the payroll processors for many employers, indicated that nonfarm private payrolls in May increased 122,000. For April, a 178,000 rise in ADP's nonfarm private payrolls was accompanied by [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 30 2006
Consumer Confidence Fell Less Than Expected
Consumer confidence, as reported by the Conference Board, fell less than expected in May from what was a four year high in April. The 6.0% decline to 103.2 from a revised 109.9 contrasted with Consensus expectations for a decline to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 30 2006
Consumer Confidence Fell Less Than Expected
Consumer confidence, as reported by the Conference Board, fell less than expected in May from what was a four year high in April. The 6.0% decline to 103.2 from a revised 109.9 contrasted with Consensus expectations for a decline to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 26 2006
U.S. Consumers' Funk Didn't Deepen in Late May
The University of Michigan reported that for all of May, consumer sentiment held steady at the preliminary level indicated two weeks ago. Nevertheless, sentiment fell 9.5% m/m to 79.1, the lowest level since last October. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 26 2006
U.S. Personal Income Gain Light, Wages Soared, Prices Up
Personal income rose 0.5% last month following a downwardly revised 0.5% gain during March. The latest compared to Consensus expectations for a 0.7% increase. Wage & salary disbursements soared 0.9% (5.3% y/y) following an upwardly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 26 2006
U.S. Personal Income Gain Light, Wages Soared, Prices Up
Personal income rose 0.5% last month following a downwardly revised 0.5% gain during March. The latest compared to Consensus expectations for a 0.7% increase. Wage & salary disbursements soared 0.9% (5.3% y/y) following an upwardly [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 25 2006
Initial Jobless Insurance Claims Back Down
Last week, initial unemployment insurance claims fell 40,000 to 329,000 due to the resolution of a partial government shutdown in Puerto Rico. The drop reversed nearly all of the prior week's little revised rise. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 25 2006
U.S. Existing Home Sales Decline As Expected
The National Association of Realtors reported that April total existing home sales declined 2.0% m/m to 6.760M following little change in March that was little revised. The gain was in line with Consensus expectations for 6.78M sales. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 25 2006
1Q US GDP Growth Revised Up, Profits Soared
During 1Q06 the U.S. economy grew 5.3% (AR), faster than the initially estimated 4.8% which was an acceleration from 1.7% during 4Q05. The increase fell short of Consensus expectations for a revision to 5.8% and growth of 3.0-3.5% is [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 25 2006
1Q US GDP Growth Revised Up, Profits Soared
During 1Q06 the U.S. economy grew 5.3% (AR), faster than the initially estimated 4.8% which was an acceleration from 1.7% during 4Q05. The increase fell short of Consensus expectations for a revision to 5.8% and growth of 3.0-3.5% is [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 24 2006
Mortgage Applications Recovered
The total number of mortgage applications fell a hard 6.0% last week and pulled the average level in May 1.0% below April. Purchase applications cratered 7.1% w/w but in May remained 0.3% ahead of April which rose 1.1% versus March. [...]
by:Tom Moeller
|in:Economy in Brief
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