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 [...]
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 24 2006New Orders for U.S. Durable Goods Fell
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
- Global| May 22 2006
Inflation Pressure Up
Gold prices near $700.00 per ounce of late point up the not-so-latent market concerns that inflationary pressure is rising. Since 1980 there has been a 56% correlation between the level of gold prices and the y/y change in consumer [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 22 2006
Inflation Pressure Up
Gold prices near $700.00 per ounce of late point up the not-so-latent market concerns that inflationary pressure is rising. Since 1980 there has been a 56% correlation between the level of gold prices and the y/y change in consumer [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 19 2006
Chicago Fed Nat'l Activity Index Improved
The National Activity Index (CFNAI) from the Federal Reserve Bank of Chicago improved during April on the prior month's recovery. It rose to 0.38 from 0.35 and a 1Q average of 0.24. The three-month moving average of the CFNAI rose to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 19 2006
Philadelphia Fed Business Activity Up
The May Index of General Business Conditions in the manufacturing sector from the Philadelphia Fed rose modestly, for the second month, to 14.4 from an unrevised 13.2 last month. The gain surpassed Consensus expectations for a decline [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 19 2006
Philadelphia Fed Business Activity Up
The May Index of General Business Conditions in the manufacturing sector from the Philadelphia Fed rose modestly, for the second month, to 14.4 from an unrevised 13.2 last month. The gain surpassed Consensus expectations for a decline [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 18 2006
Leading Economic Indicators Dip, March Revised Up
For April, the Conference Board's Composite Index of Leading Economic Indicators dipped 0.1% following a 0.4% March rise, initially reported as a 0.1% decline. Consensus expectations had been for a 0.1% April up tick. Six month growth [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 18 2006
Initial Jobless Insurance Claims Surge
Initial unemployment insurance claims surged 42,000 last week to 367,000 due to a partial government shutdown in Puerto Rico. The shutdown added 46,000 claims and has been resolved. Consensus expectations had been for 316,000 claims. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 18 2006
Initial Jobless Insurance Claims Surge
Initial unemployment insurance claims surged 42,000 last week to 367,000 due to a partial government shutdown in Puerto Rico. The shutdown added 46,000 claims and has been resolved. Consensus expectations had been for 316,000 claims. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 17 2006
Chain Store Sales Unchanged. Gasoline Prices Jumped
Chain store sales were unchanged last week, according to the International Council of Shopping Centers (ICSC)-UBS survey, after a modest 0.4% decline to open the month. So far, sales in May are 0.3% ahead of the April average which [...]
by:Tom Moeller
|in:Economy in Brief
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