The employment cost index for private industry workers rose a moderate 0.6% last quarter after a downwardly revised 0.7% increase to close out 2005. Downward revisions to earlier quarters (mostly in benefit costs) resulted in a [...]
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| Apr 28 2006Employment Cost Index Eased
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 28 2006
U.S. Consumer Sentiment Slipped in Late April
Consumer sentiment slipped late this month. The final reading from the University of Michigan's stood a 87.4 versus a preliminary indication of 89.2 posted two weeks ago. Consensus expectations had been for a reading of 89.0. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 28 2006
US GDP Growth Back on Track in 1Q
US real growth during 1Q06 rebounded smartly to 4.8% (AR) from a lull the prior quarter at 1.7%, but the two quarter average of growth at 3.2% was somewhat depressed from the 3.9% quarterly average of 2004 & 2005. The 1Q increase [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 28 2006
US GDP Growth Back on Track in 1Q
US real growth during 1Q06 rebounded smartly to 4.8% (AR) from a lull the prior quarter at 1.7%, but the two quarter average of growth at 3.2% was somewhat depressed from the 3.9% quarterly average of 2004 & 2005. The 1Q increase [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 26 2006
Mortgage Applications Plummet
The total number of mortgage applications dropped 3.7% last week, down hard for the third consecutive period. In April applications are 2.4% below the March average which fell 1.0% from February. Purchase applications fell another [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 26 2006
New Home Sales Surged Unexpectedly
Last month new home sales showed surprising resilience with a 13.8% jump to 1.21 million (SAAR), the highest level this year. The jump contrasted to Consensus expectations for a more moderate increase to 1.115M and a 10.9% drop during [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 26 2006
U.S. Durable Goods Orders' Rise = Factory Sector Resilience
New orders for durable goods jumped 6.1% last month and the 3.4% February increase was upwardly revised. The jump pulled the y/y increase in orders to 17.7%, its strongest in six years, and the m/m gain by far outpaced Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 26 2006
U.S. Durable Goods Orders' Rise = Factory Sector Resilience
New orders for durable goods jumped 6.1% last month and the 3.4% February increase was upwardly revised. The jump pulled the y/y increase in orders to 17.7%, its strongest in six years, and the m/m gain by far outpaced Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 25 2006
U.S. Existing Home Sales Increased Unexpectedly
Total existing home sales rose 0.3% to 6.920M last month following a 5.0% spurt during February that was revised down slightly from the initial figure. The gain reported by the National Association of Realtors contrasted to Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 25 2006
Consumer Confidence Rose To Four Year High
The April Index of Consumer Confidence from the Conference Board added 2.0% to the prior month's upwardly revised 4.7% increase. The increase to 109.6 compared to Consensus expectations for a decline to 106.2 and the latest was the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 25 2006
Chain Store Sales Hold The High Ground, Gas Prices Surge Further
Chain store sales slipped just 0.2% last week following two consecutive weeks of strong gain, according to the International Council of Shopping Centers (ICSC)-UBS survey. Chain store sales in April are 1.4% above the March average [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 25 2006
Chain Store Sales Hold The High Ground, Gas Prices Surge Further
Chain store sales slipped just 0.2% last week following two consecutive weeks of strong gain, according to the International Council of Shopping Centers (ICSC)-UBS survey. Chain store sales in April are 1.4% above the March average [...]
by:Tom Moeller
|in:Economy in Brief
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