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 [...]
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 28 2006Consumer Confidence Up Sharply
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 27 2006
U.S. Durable Goods Orders Up, But ...
New orders for durable goods increased 2.6% last month following an 8.9% drop during January that was somewhat shallower than initially reported. The gain outpaced Consensus expectations for a 1.0% increase, however, unlike the prior [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 27 2006
U.S. Durable Goods Orders Up, But ...
New orders for durable goods increased 2.6% last month following an 8.9% drop during January that was somewhat shallower than initially reported. The gain outpaced Consensus expectations for a 1.0% increase, however, unlike the prior [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 23 2006
February U.S. Budget Deficit Deeper, Fiscal YTD Narrower
The U.S. federal government posted a deeper budget deficit during February of $119.2B versus last February's deficit of $113.9B. Nevertheless, the fiscal year to date budget deficit narrowed to $217.5B versus 223.4B during the first [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 23 2006
U.S. Existing Home Sales Up
The National Association of Realtors reported that total existing home sales rose 5.2% m/m to 6.910M last month following a 2.7% January decline that was about half the drop initially estimated. Consensus expectations had been for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 23 2006
Initial Jobless Insurance Claims Drop
Last week, initial claims for unemployment insurance reversed all of the upwardly revised increase the prior period. The 11,000 person decline to 302,000 compared with Consensus expectations for 305,000 claims. The latest figure [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 23 2006
U.S. Existing Home Sales Up
The National Association of Realtors reported that total existing home sales rose 5.2% m/m to 6.910M last month following a 2.7% January decline that was about half the drop initially estimated. Consensus expectations had been for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 22 2006
Gasoline Prices Up On Stronger Demand
Last week's jump in the U.S. average price for gasoline to $2.50 per gallon lifted prices 13.6% above the yearend 2005 level. This strength certainly reflects some pass through of this year's rise in crude oil prices. Crude costs are [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 22 2006
Mortgage Applications Down Further
The total number of mortgage applications slumped 1.6% last week and continued the downtrend which began the middle of last year. Since the weekly peak last June, applications are down 36.3%. In March, applications are 2.4% below the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 22 2006
Mortgage Applications Down Further
The total number of mortgage applications slumped 1.6% last week and continued the downtrend which began the middle of last year. Since the weekly peak last June, applications are down 36.3%. In March, applications are 2.4% below the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 21 2006
Chain Store Sales Flat
Chain store sales slipped 0.1% lower last week after the prior period's 0.1% up tick, according to the International Council of Shopping Centers (ICSC)-UBS survey. The average level of sales so far in March is 1.4% ahead of the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 21 2006
Producer Price Index Down, Core Prices Firm
The Producer Price Index for Finished Goods fell 1.4% last month. It was the largest decline in the index since April 2003 and easily outpaced Consensus expectations for a 0.3% decline. Producer prices less food & energy (core), [...]
by:Tom Moeller
|in:Economy in Brief
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