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 [...]
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 26 2006U.S. Durable Goods Orders' Rise = Factory Sector Resilience
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
- Global| Apr 24 2006
$73.83: Oil & Water
The domestic spot price for a barrel of West Texas Intermediate crude oil settled at $73.83 on Friday, driven by Mid East supply concerns and strong demand. That easily surpassed last August's high of $70 reached in the wake of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 24 2006
$73.83: Oil & Water
The domestic spot price for a barrel of West Texas Intermediate crude oil settled at $73.83 on Friday, driven by Mid East supply concerns and strong demand. That easily surpassed last August's high of $70 reached in the wake of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 21 2006
Mass Layoffs Remained Low in March
The number of mass layoff events last month ticked up 0.8% after sharp declines during the prior two months. During all of 1Q, the number of events fell 9.9% from 4Q 2005. During the last ten years there has been a (negative) 87% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 21 2006
Chicago Fed Nat'l Activity Index Recovered
The Federal Reserve Bank of Chicago indicated that the National Activity Index (CFNAI) recovered during March to 0.37 from 0.19 in February. The three-month moving average of the CFNAI, however, fell slightly to 0.29 from 0.34. A zero [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 21 2006
Philadelphia Fed Business Activity Index Up Slightly
The Philadelphia Fed Index of General Business Conditions in the manufacturing sector during April rose slightly to 13.2 from an unrevised 12.3 last month. The 0.9 point m/m increase fell somewhat short of Consensus expectations for a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 21 2006
Philadelphia Fed Business Activity Index Up Slightly
The Philadelphia Fed Index of General Business Conditions in the manufacturing sector during April rose slightly to 13.2 from an unrevised 12.3 last month. The 0.9 point m/m increase fell somewhat short of Consensus expectations for a [...]
by:Tom Moeller
|in:Economy in Brief
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