Orders for nondefense aircraft more than doubled m/m last month (158.6% y/y) and combined with a 51.6% surge in October to lift durable goods orders 4.4% versus Consensus expectations for a 1.0% November rise. Less the volatile [...]
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| Dec 23 2005Rise in U.S. Durable Goods Orders All Air(craft)
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 22 2005
Mass Layoffs Rose
Mass layoffs rose 8.7% from October. Year to year, the number of mass layoffs fell by 13.1%. During the last ten years there has been a (negative) 87% correlation between the three month average level of layoff announcements and the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 22 2005
Initial Unemployment Insurance Claims Fell
Initial claims for unemployment insurance fell 13,000 to 318,000 last week following an upwardly revised 3,000 increase the prior week. Consensus expectations had been for 325,000 claims. The latest figure covers the survey period for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 22 2005
Leading Economic Indicators Up Again
The Composite Index of Leading Economic Indicators from the Conference Board increased 0.5% following an upwardly revised 1.0% gain in October. It was the third increase in the last five months and beat Consensus expectations for a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 22 2005
U.S. Personal Income rose As Expected
Personal income rose an expected 0.3% last month following an upwardly revised 0.5% increase in October. Growth in wage & salary income eased to 0.2% (4.2% y/y) from the unrevised 0.6% pop in October as factory sector wages fell 0.1% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 22 2005
U.S. Personal Income rose As Expected
Personal income rose an expected 0.3% last month following an upwardly revised 0.5% increase in October. Growth in wage & salary income eased to 0.2% (4.2% y/y) from the unrevised 0.6% pop in October as factory sector wages fell 0.1% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 21 2005
Mortgage Applications Down Again
The Mortgage Bankers Association reported that the total number of mortgage applications dropped again last week by 4.0% following a 5.7% decline the week prior. The decline was to the lowest level in nearly a year and dropped [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 21 2005
US 3Q GDP Revised Slightly Lower
US real GDP growth for 3Q was revised down slightly to 4.1% (AR) and fell short of Consensus expectations for no change to earlier estimate of 4.3% growth. A weakened estimate of domestic demand growth caused the downward revision. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 21 2005
US 3Q GDP Revised Slightly Lower
US real GDP growth for 3Q was revised down slightly to 4.1% (AR) and fell short of Consensus expectations for no change to earlier estimate of 4.3% growth. A weakened estimate of domestic demand growth caused the downward revision. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 20 2005
Chain Store Sales: The Holiday Spirit Found?
Chain store sales rose 2.4% last week. The jump followed a 0.9% gain the prior period and thus recovered all of December's opening week skid of 3.1%, according to the International Council of Shopping Centers (ICSC)-UBS survey. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 20 2005
Housing Starts Post Surprising Gain; Single Family At Record
Housing starts surged 5.3% m/m in November. The gain to 2.123M units reversed most of the prior month's decline and beat Consensus expectations for a decline to 2.015M starts. A 4.8% gain in single-family starts returned the level to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 20 2005
PPI Down 0.7%, Core Tame
The November Producer Price Index reversed the prior month's gain and fell 0.7%. The decline was the largest for any month since April 2003 andslightly exceeded Consensus expectations for a 0.5% drop. In a reverse of the prior month's [...]
by:Tom Moeller
|in:Economy in Brief
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