The March Business Activity Index for the non-manufacturing sector inched up to 60.5 from 60.1 during February, reported the Institute for Supply Management (ISM). These levels are much improved versus the low January reading of 56.8 [...]
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 05 2006ISM Nonmanufacturing Index Sustained Improvement
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 04 2006
Challenger Layoffs Skid Further
Announced job cuts fell another 25.7% m/m during March on top of the 15.5% February decline, according to the Challenger, Grey & Christmas survey. The decline was to the lowest level in nearly one year During the last ten years there [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 04 2006
Chain Store Sales Soft as Gasoline Prices Surged
Chain store sales tread water last week, according to the International Council of Shopping Centers (ICSC)-UBS survey.The unchanged w/w level of sales followed three consecutive periods of decline. Sales began April 1.4% lower than at [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 04 2006
U.S. Light Vehicle Sales Soft
US light vehicle sales during March dipped 0.1% m/m to 16.59M units according to the Autodata Corporation and were slightly softer than Consensus expectations for sales of 16.7M. Sales of US made vehicles were weak and posted a 1.4% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 04 2006
U.S. Light Vehicle Sales Soft
US light vehicle sales during March dipped 0.1% m/m to 16.59M units according to the Autodata Corporation and were slightly softer than Consensus expectations for sales of 16.7M. Sales of US made vehicles were weak and posted a 1.4% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 03 2006
U.S. Construction Rose
After a lackluster performance during January, the February value of construction put in place rose 0.8%, double the upwardly revised gain the prior month. Consensus expectations had been for a 0.5% increase. Residential building [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 03 2006
ISM Index Off Unexpectedly, Pricing Pressure Up
The March Composite Index of activity in the factory sector fell to 55.2. The Institute of Supply Management (ISM) reported that most of the prior month's increase was reversed and that the 1Q average level was the lowest since the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 03 2006
ISM Index Off Unexpectedly, Pricing Pressure Up
The March Composite Index of activity in the factory sector fell to 55.2. The Institute of Supply Management (ISM) reported that most of the prior month's increase was reversed and that the 1Q average level was the lowest since the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 31 2006
U.S. Factory Inventories Flew Off The Shelves
Factory inventories dropped 0.4% last month. This first decline since August of last year followed 1.1% accumulation during January, that was twice the 0.5% gain initially estimated. Motor vehicle & parts inventories dropped 0.4% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 31 2006
U.S. Consumer Sentiment Recovered Late in March
During late March, consumer sentiment recovered enough to lift the University of Michigan's Sentiment Index for the month to 88.9 from a preliminary indication of 86.7. Consensus expectations had been for a reading of 87.0. During the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 31 2006
U.S. Personal Income Gain Light
Personal income rose 0.3% during February, a gain that fell just short of Consensus expectations for a 0.4% increase though the firm 0.7% January advance was unrevised. Wage & salary disbursements continued firm with a 0.4% (5.1% y/y) [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 31 2006
U.S. Personal Income Gain Light
Personal income rose 0.3% during February, a gain that fell just short of Consensus expectations for a 0.4% increase though the firm 0.7% January advance was unrevised. Wage & salary disbursements continued firm with a 0.4% (5.1% y/y) [...]
by:Tom Moeller
|in:Economy in Brief
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