November factory inventories rose 0.2% following an unrevised 0.6% gain in October. Less a 3.2% (+14.4% y/y) decline in petroleum, factory inventories rose 0.3% (3.3% y/y) and that y/y gain is nearly one third the rate of accumulation [...]
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| Jan 04 2006U.S. Factory Inventories and Backlogs Up
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 03 2006
U.S. Construction Gain Eased, Single Family Still Strong
The value of construction put in place rose a modest 0.2% in November following a 0.8% October increase and fell far short of Consensus expectations for a 0.7% rise. Residential building dropped modestly for the first decline since [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 03 2006
ISM Index Fell Further
The Institute of Supply Management (ISM) reported that the December Composite Index of activity in the manufacturing sector fell for the fourth month in the last five. The sharp 3.9 point decline to 54.2 was the largest since 2002, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 03 2006
ISM Index Fell Further
The Institute of Supply Management (ISM) reported that the December Composite Index of activity in the manufacturing sector fell for the fourth month in the last five. The sharp 3.9 point decline to 54.2 was the largest since 2002, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 30 2005
Chicago PMI Steady
The Chicago Purchasing Managers Business Barometer held at 61.5 in December versus an unrevised 61.7 in November. Consensus expectations had been for an easing to 60. For the year, the reading of 60.6 was slightly below the 2004 level [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 30 2005
Chicago PMI Steady
The Chicago Purchasing Managers Business Barometer held at 61.5 in December versus an unrevised 61.7 in November. Consensus expectations had been for an easing to 60. For the year, the reading of 60.6 was slightly below the 2004 level [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 29 2005
U.S. Existing Home Sales Down Again
Total existing home sales fell for the second consecutive month, according to the National Association of Realtors The 1.7% decline to 6.970M (AR) in November followed an unrevised 2.7% October drop that left sales 5.2% below the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 29 2005
Help-Wanted Advertising Improved
The Conference Board's November Index of Help-Wanted Advertising rose to 39 from an unrevised level of 38 in October. A pattern of improvement in the labor market has emerged this year as the index's level has averaged 39 versus 38 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 29 2005
Initial Claims for Jobless Insurance Inched Up
Initial claims for unemployment insurance fell 3,000 to 322,000 last week following a little revised 12,000 decline the prior week. Consensus expectations had been for 325,000 claims. During the last ten year there has been a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 29 2005
Initial Claims for Jobless Insurance Inched Up
Initial claims for unemployment insurance fell 3,000 to 322,000 last week following a little revised 12,000 decline the prior week. Consensus expectations had been for 325,000 claims. During the last ten year there has been a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 28 2005
Mortgage Applications At Three Year Low
The total number of mortgage applications fell a hard 6.8% last week to the lowest level since mid-2002 and pulled the average level during December down 6.0% from November. Purchase applications were notably weak, again. The 4.5% w/w [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 28 2005
Chain Store Sales Reflect A Cheery Spirit & Lower Gas Prices
Chain store sales added 2.8% last week to the 2.4% jump during the week prior according to the International Council of Shopping Centers (ICSC)-UBS survey. The two increases did much to rescue the December average from an abysmal [...]
by:Tom Moeller
|in:Economy in Brief
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