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% [...]
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| Mar 31 2006U.S. Factory Inventories Flew Off The Shelves
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
- Global| Mar 30 2006
Initial Jobless Insurance Claims Drop
Last week, initial claims for unemployment insurance fell 10,000 to 302,000 from an upwardly revised level the prior period. The figure matched Consensus expectations. Revisions raised the recent claims figures by roughly 10,000. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 30 2006
US 4Q GDP Little Revised at 1.7%, Profits Surged
US real growth last quarter was revised up slightly, as expected, to 1.7% (AR) from the preliminary estimate of 1.6% and from 1.1% growth estimated two months ago. This quarter, growth is widely expected to bounce back with several [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 30 2006
US 4Q GDP Little Revised at 1.7%, Profits Surged
US real growth last quarter was revised up slightly, as expected, to 1.7% (AR) from the preliminary estimate of 1.6% and from 1.1% growth estimated two months ago. This quarter, growth is widely expected to bounce back with several [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 29 2006
Mortgage Applications Recover Some
Last week, the total number of mortgage applications recovered 1.2% following two weeks of decline. Nevertheless, applications in March are 2.4% below the February average which fell 6.3% m/m. Purchase applications recovered all of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 29 2006
Mortgage Applications Recover Some
Last week, the total number of mortgage applications recovered 1.2% following two weeks of decline. Nevertheless, applications in March are 2.4% below the February average which fell 6.3% m/m. Purchase applications recovered all of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 28 2006
FOMC Increased Fed Funds Rate to 4.75%
The Federal Open Market Committee increased the target interest rate for Federal funds 25 basis points to 4.75% at today's meeting. It was the fifteenth increase since June of 2004 and the unanimous decision was widely expected by [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 28 2006
Chain Store Sales Slide, Gasoline Prices Up
Chain store sales slid 1.6% last week, according to the International Council of Shopping Centers (ICSC)-UBS survey.The w/w drop followed a 0.1% decline during the prior period and rounded a lackluster March when sales ended the month [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 28 2006
Consumer Confidence Up Sharply
The Conference Board's Index of Consumer Confidence jumped 4.4% during March to 107.2, the highest level in nearly four years. The jump compared to Consensus expectations for stability at 102.0 and the m/m stability in the University [...]
by:Tom Moeller
|in:Economy in Brief
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