Factory inventories fell another 0.1% in September following a deepened 0.2% decline in August even though higher prices recently have boosted petroleum inventories, (+24.9% y/y). Less petroleum, factory inventories fell 0.1% (+4.1% [...]
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 03 2005U.S. Factory Inventories Slip
by:Tom Moeller
|in:Economy in Brief
Global| Nov 03 2005ISM Non-Manufacturing Index Recovered
The October Non-manufacturing Sector Business Activity Index from the Institute for Supply Management recovered more than half of its September decline with a 6.7 point increase to 60.0. Consensus expectations had been for a lesser [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 03 2005Initial Unemployment Insurance Claims At Two Month Low
Initial claims for unemployment insurance fell 8,000 to 323,000 last week versus a little revised 26,000 decline during the prior period. Consensus expectations had been for 330,000 claims. The decline lowered the level of claims to [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 03 20053Q U.S. Productivity Strong
Growth in non-farm labor productivity of 4.1% last quarter was nearly double the upwardly revised growth during the prior quarter and easily surpassed Consensus expectations for a 2.5% rise. The increase lifted the year on year growth [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 03 20053Q U.S. Productivity Strong
Growth in non-farm labor productivity of 4.1% last quarter was nearly double the upwardly revised growth during the prior quarter and easily surpassed Consensus expectations for a 2.5% rise. The increase lifted the year on year growth [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 02 2005Mortgage Applications Off Again
The total number of mortgage applications fell a sharp 4.8% last week on the heels of a 7.9% decline the prior period according to the Mortgage Bankers Association. The decline pulled the average level of applications in October 7.8% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 02 2005U.S. Vehicle Sales Lowest Since 1998, Inventories Lower As Well
According to the Autodata Corporation, US sales of light vehicles in October fell another 10.0% m/m to 14.75M under the weight of higher gasoline prices and lower consumer sentiment. The decline was the third in as many months and [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 02 2005U.S. Vehicle Sales Lowest Since 1998, Inventories Lower As Well
According to the Autodata Corporation, US sales of light vehicles in October fell another 10.0% m/m to 14.75M under the weight of higher gasoline prices and lower consumer sentiment. The decline was the third in as many months and [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 01 2005Fed Funds Rate Raised to 4.00% and Going Higher?
The Federal Open Market Committee's unanimous decision to increase the target rate for federal funds 25 basis points to 4.00% was widely expected by analysts. The discount rate also was raised 25 basis points to 5.00%. This latest [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 01 2005U.S. Construction Spending Rose Further
The value of construction put in place matched Consensus expectations for the second month in a row and rose 0.5% in September following an upwardly revised 0.6% gain in August. Private building activity increased 0.6%. Residential [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 01 2005ISM Index Firmer Than Expected, Pricing Up
The October Composite Index of activity in the manufacturing sector remained unexpectedly firm at 59.1, reported the Institute of Supply Management (ISM). The modest decline from 59.4 in September contrasted with Consensus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 01 2005Chain Store Sales Finish October Firm as Gasoline Prices Decline
Lower gasoline prices helped raise spending at chain stores. Last week, the retail average price of regular gasoline in the U.S. fell 12 cents for the second consecutive week to $2.48 per gallon (+21.9 y/y). Since the early September [...]
by:Tom Moeller
|in:Economy in Brief
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