According to the Autodata Corporation, November US sales of light vehicles recovered most of the prior month's decline with a 6.7% m/m rise to 15.74M. The increase, however, failed to recoup the decline during the prior three months. [...]
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 02 2005U.S. Vehicle Sales Up Modestly
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 02 2005
U.S. Payrolls Up
In November, non-farm payrolls posted the largest gain since July. The 215,000 increase matched Consensus expectations and followed a 44,000 October rise that was slightly lower than initially reported, but the September figure was [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 02 2005
U.S. Payrolls Up
In November, non-farm payrolls posted the largest gain since July. The 215,000 increase matched Consensus expectations and followed a 44,000 October rise that was slightly lower than initially reported, but the September figure was [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 01 2005
U.S. Construction Spending Up
The value of construction put in place rose 0.7% in October though the September gain was revised lower to 0.2% due to a lessened increase in residential building. Residential building in October continued at about its earlier pace [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 01 2005
US 3Q GDP Revised Up, Hurricanes Slam Profits
US real GDP growth for 3Q was revised upward to 4.3% (AR) and surpassed Consensus expectations for 4.1% growth. Operating corporate profits are estimated to have declined 3.4% (+16.5% y/y) and that reversed most of a 2Q rise. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 01 2005
ISM Index Fell As Expected and Still Firm
The Institute of Supply Management (ISM) reported that the November Composite Index of activity in the manufacturing sector fell one point to 58.1. The decline about matched Consensus expectations and the average of the last three [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 01 2005
Initial Claims for Jobless Insurance Higher
Initial claims for jobless insurance reversed about half of the prior week's rise and fell 17,000 to 320,000 during Thanksgiving week. Consensus expectations had been for 323,000 claims. Hurricane related claims dropped back to 10,000 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 01 2005
U.S. Personal Income Lifted By Strong Wage Gain
A strong 0.6% gain in wage & salary disbursements raised U.S. personal income by 0.4% in October. The increase in wages offset declines in proprietors' and rental income while the latest rise in total income followed an unrevised 1.7% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 01 2005
U.S. Personal Income Lifted By Strong Wage Gain
A strong 0.6% gain in wage & salary disbursements raised U.S. personal income by 0.4% in October. The increase in wages offset declines in proprietors' and rental income while the latest rise in total income followed an unrevised 1.7% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 29 2005
Chain Store Sales Backpedaled, Gas Prices Down Again
The International Council of Shopping Centers (ICSC)-UBS survey indicated that during Thanksgiving week, chain store sales slipped 0.7% following the prior period's 1.0% jump. The latest left the average level of sales in November [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 29 2005
Consumer Confidence Recovered
The Conference Board reported that it's November index of Consumer Confidence recovered to the highest level since August. The 16.1% m/m jump contrasted to Consensus expectations for a lesser gain to 90.0 and it was the strongest m/m [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 29 2005
New Home Sales; There's Life Yet
New single-family home sales rose a surprising 13.0% last month to a record 1.424M, adding to upwardly revised levels in September and August. The m/m advance was the strongest since 1993 and the October level by far exceeded [...]
by:Tom Moeller
|in:Economy in Brief
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