The University of Michigan indicated that its final reading of consumer sentiment during September was unchanged from the preliminary indication of a 13.7% m/m decline to 76.9, the lowest level in over ten years. The September decline [...]
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| Sep 30 2005U.S. Consumer Sentiment Remained Depressed
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 30 2005
U.S. Personal Income Fell
Personal income fell 0.1% last month after an unrevised 0.3% gain in July. Consensus expectations had been for a 0.3% August increase. The Commerce Department indicated that declines in rental & proprietors' income due to Hurricane [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 30 2005
U.S. Personal Income Fell
Personal income fell 0.1% last month after an unrevised 0.3% gain in July. Consensus expectations had been for a 0.3% August increase. The Commerce Department indicated that declines in rental & proprietors' income due to Hurricane [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 29 2005
Help-Wanted Advertising Down Sharply
The Index of Help-Wanted Advertising from the Conference Board fell sharply in August to 35 from 39 in July, a record low. During the last ten years there has been a 61% correlation between the level of help-wanted advertising and the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 29 2005
US GDP Growth Unrevised
The "final" estimate of US real GDP growth during 2Q was unrevised at 3.3% (AR) and matched Consensus expectations. Downward revisions to foreign trade and inventories were offset by an upward revision to domestic demand growth. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 29 2005
Unemployment Insurance Claims Fell Sharply
Initial claims for unemployment insurance fell a sharp 79,000 to 356,000 last week following a 11,000 rise the prior week which was little revised. Consensus expectations had been that claims would remain in a range of 350,000 to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 29 2005
Unemployment Insurance Claims Fell Sharply
Initial claims for unemployment insurance fell a sharp 79,000 to 356,000 last week following a 11,000 rise the prior week which was little revised. Consensus expectations had been that claims would remain in a range of 350,000 to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 28 2005
Mortgage Applications Down Sharply
The total number of mortgage applications fell a sharp 6.6% last week, according to the Mortgage Bankers Association, and left applications so far in September 1.4% above August. Mortgage applications to refinance plummeted 10.5% w/w [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 27 2005
U.S. Durable Goods Orders Rebounded
US durable goods orders in August recouped much of the prior month's decline with a 3.3% rise that far exceeded Consensus expectations for a 0.8% increase. The volatility of orders in the transportation sector recently has been [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 27 2005
U.S. Durable Goods Orders Rebounded
US durable goods orders in August recouped much of the prior month's decline with a 3.3% rise that far exceeded Consensus expectations for a 0.8% increase. The volatility of orders in the transportation sector recently has been [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 27 2005
Weekly Chain Store Sales Inch Higher
The International Council of Shopping Centers (ICSC)-UBS survey indicated that chain store sales inched 0.1% higher last week, depressed again by the Hurricane effect which lowered sales 2.1% the prior week. So far this month sales [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 27 2005
New Home Sales Decline Surprising
New single-family home sales dropped 9.9% m/m last month to 1.237M following a 5.3% gain in July that was slightly weaker than estimated initially. Consensus expectations had been for stability in August near 1.35M. The latest decline [...]
by:Tom Moeller
|in:Economy in Brief
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