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 [...]
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 01 2006Chain Store Sales Surged
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
- Global| Feb 23 2006
Help-Wanted Advertising Dipped
The Index of Help-Wanted Advertising from the Conference Board fell to 37 from a revised level of 38 in December. The decline was to the lower end of a range between 37 and 40 in place since the Spring of last year. During the last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 23 2006
Initial Claims for Jobless Insurance Back Down
Initial unemployment insurance claims for dropped 20,000 to 278,000 last week. The decline reversed all of the prior week's increase which was slightly revised. Consensus expectations had been for 298,000 claims. The latest figure [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 23 2006
Initial Claims for Jobless Insurance Back Down
Initial unemployment insurance claims for dropped 20,000 to 278,000 last week. The decline reversed all of the prior week's increase which was slightly revised. Consensus expectations had been for 298,000 claims. The latest figure [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 22 2006
Chain Store Sales Recovered Some
Chain store sales last week recovered half of the prior period's drop with a 0.2% advance, according to the International Council of Shopping Centers (ICSC)-UBS survey. Because a sharp 2.0% jump during the opening week of the month, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 22 2006
Mortgage Applications Inched Up
The total number of mortgage applications inched 0.8% last week after three consecutive weeks of sharp decline. The average level of applications this month is down 5.6% from January. Purchase applications recovered 4.3% following [...]
by:Tom Moeller
|in:Economy in Brief
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