Warm temperatures in January did little for the value of construction put in place which increased just 0.2%. Consensus expectations had been for a 1.1% gain but the firm 1.0% advance in December was unrevised. Residential building [...]
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 02 2006U.S. Construction Increase Light
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 02 2006
U.S. Vehicle Sales Down in February
US light vehicle sales in February retraced all of the January gain and fell 5.8% to 16.61M units, the lowest level since November according to the Autodata Corporation. The decline about matched Consensus expectations for a 16.5M [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 02 2006
U.S. Vehicle Sales Down in February
US light vehicle sales in February retraced all of the January gain and fell 5.8% to 16.61M units, the lowest level since November according to the Autodata Corporation. The decline about matched Consensus expectations for a 16.5M [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 01 2006
Rumors of Home Prices' Demise Exaggerated
According to the Office of Federal Housing Enterprise Oversight (OFHEO), U.S. home prices rose last quarter at roughly the same rate as during the prior two years. The 2.9% q/q rise certainly was down from the upwardly revised 3.1% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 01 2006
Mortgage Applications Off Sharply
The total number of mortgage applications dropped 1.2% last week, the fourth sharp decline in the last five weeks. The average level of applications during February fell 6.3% from the prior month. Purchase applications dropped 1.9% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 01 2006
Chain Store Sales Surged
Chain store sales surged 1.5% during the last week of February after a 0.2% up tick the prior week, according to the International Council of Shopping Centers (ICSC)-UBS survey. Strength early and late in the month lifted the average [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 01 2006
ISM Index Recovered, New Orders Surged
The Institute of Supply Management (ISM) reported that the February Composite Index of activity in the manufacturing sector recovered 1.9 points to 56.7, the first m/m increase since October. Consensus expectations had been for a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 01 2006
U.S. Personal Income & Spending Firm Again
The 0.7% rise in personal income was slightly stronger than Consensus expectations for a 0.6% advance during January and followed an upwardly revised 0.5% increase in December. Wage & salary disbursements nearly doubled the prior [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 01 2006
U.S. Personal Income & Spending Firm Again
The 0.7% rise in personal income was slightly stronger than Consensus expectations for a 0.6% advance during January and followed an upwardly revised 0.5% increase in December. Wage & salary disbursements nearly doubled the prior [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 24 2006
U.S. Durable Goods Orders Plunge Due To Aircraft
Durable goods orders plunged 10.2% last month following an upwardly revised 2.5% increase during December. The drop far outpaced Consensus expectations for a 2.0% decline, however, the details of the report again portrayed a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 24 2006
U.S. Durable Goods Orders Plunge Due To Aircraft
Durable goods orders plunged 10.2% last month following an upwardly revised 2.5% increase during December. The drop far outpaced Consensus expectations for a 2.0% decline, however, the details of the report again portrayed a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 23 2006
Mass Layoffs Lowest Since 2000
Mass layoffs in January reversed all of the prior month's revised increase and fell 27.5%. The decline in the number of mass layoff events was to the lowest level since October, 2000. During the last ten years there has been a [...]
by:Tom Moeller
|in:Economy in Brief
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