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 [...]
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 26 2006U.S. Personal Income Gain Light, Wages Soared, Prices Up
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
- Global| May 24 2006
New Home Sales Again Rose Unexpectedly
New home sales during April again posted an unexpected gain. The 4.9% m/m increase to 1.198 million (SAAR) followed a revised 12.0% rise during March which was revised down slightly. The increased contrasted to Consensus expectations [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 24 2006
New Orders for U.S. Durable Goods Fell
New orders for durable goods fell 4.8% last month, giving back much of the upwardly revised 6.6% March increase. Nevertheless, durable orders in April remained up 11.3% versus last year and for the first four months of this year [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 24 2006
New Orders for U.S. Durable Goods Fell
New orders for durable goods fell 4.8% last month, giving back much of the upwardly revised 6.6% March increase. Nevertheless, durable orders in April remained up 11.3% versus last year and for the first four months of this year [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 23 2006
Chain Store Sales Down Again With Gasoline Prices
Chain store sales dropped last week for the second week in the last three reported the International Council of Shopping Centers (ICSC)-UBS. The 0.8% w/w decline followed an unchanged level the prior period and a 0.4% dip to open the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 23 2006
Chain Store Sales Down Again With Gasoline Prices
Chain store sales dropped last week for the second week in the last three reported the International Council of Shopping Centers (ICSC)-UBS. The 0.8% w/w decline followed an unchanged level the prior period and a 0.4% dip to open the [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 899 page