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 [...]
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| Nov 29 2005Chain Store Sales Backpedaled, Gas Prices Down Again
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
- Global| Nov 29 2005
U.S. Durable Goods Rebound; Aircraft Orders Soared
Orders for nondefense aircraft soared 50.4% m/m (100.6% y/y) in October. That combined with a more than doubling (111.1% y/y) of defense aircraft bookings, caused total durable goods orders to jump 3.4% last month and therefore [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 29 2005
U.S. Durable Goods Rebound; Aircraft Orders Soared
Orders for nondefense aircraft soared 50.4% m/m (100.6% y/y) in October. That combined with a more than doubling (111.1% y/y) of defense aircraft bookings, caused total durable goods orders to jump 3.4% last month and therefore [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 28 2005
U.S. Existing Home Sales Soften
Total existing home sales fell 2.7% m/m to 7.090M (AR) in October according to the National Association of Realtors. The September level of sales was revised slightly higher. Consensus expectations for sales last month had been for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 28 2005
Mass Layoffs Down
Mass layoffs fell in half last month from a September count that was bloated by establishment closures due to Hurricanes Katrina & Rita. Year to year, the number of mass layoffs also fell by 14.6%, continuing the downtrend in place [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 28 2005
U.S. Existing Home Sales Soften
Total existing home sales fell 2.7% m/m to 7.090M (AR) in October according to the National Association of Realtors. The September level of sales was revised slightly higher. Consensus expectations for sales last month had been for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 23 2005
Initial Claims for Jobless Insurance Higher
Initial claims for unemployment insurance rose 30,000 to 335,000 last week and reversed the little revised 23,000 decline the prior week. Consensus expectations had been for a lesser increase to 311,000 claims. Hurricane related [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 23 2005
Help-Wanted Advertising Stable
The Conference Board's Index of Help-Wanted Advertising held at 38 in October versus the downwardly revised September level and 38 in August. The average level so far this year is 39. During the last ten years there has been a 62% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 23 2005
Mortgage Applications Fell Further
The total number of mortgage applications dropped 3.4% last week to the lowest level since January, according to the Mortgage Bankers Association. The decline pulled the average level in November 5.5% below October. Applications to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 23 2005
U.S. Consumer Sentiment Lifted Further By Drop in Oil Prices
The November reading of consumer sentiment from the University of Michigan rose 10.0% m/m to 81.6, adding a bit to the improvement through mid-month. Consensus expectations had been for a rise to 81.0. During the last ten years there [...]
by:Tom Moeller
|in:Economy in Brief
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