US real GDP in 2Q '05 grew 3.4% (AR) versus the Consensus expectation for 3.5% growth. Revisions to data from 2002 to 2004 lowered growth to an average 2.8% during the period from 3.1% estimated earlier. Growth in domestic demand [...]
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| Jul 29 2005US GDP Growth About As Expected in 2Q
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 29 2005
US GDP Growth About As Expected in 2Q
US real GDP in 2Q '05 grew 3.4% (AR) versus the Consensus expectation for 3.5% growth. Revisions to data from 2002 to 2004 lowered growth to an average 2.8% during the period from 3.1% estimated earlier. Growth in domestic demand [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 28 2005
Initial Claims For Jobless Insurance Remained Low
Initial claims for unemployment insurance did rise 5,000 to 310,000 last week but the increase hardly dented the 32,000 decline the week previous which was little revised. Consensus expectations had been for an increase to 320,000 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 28 2005
Mass Layoffs Down
The Bureau of Labor Statistics reported that the number of mass layoff events dropped 1.8% in June for the second consecutive month. The decline lowered the average number of events so far this year 7.4% versus last year's first six [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 28 2005
Help-Wanted Advertising Inched Up
The Index of Help-Wanted Advertising from the Conference Board inched up to 38 last month. The low reading equaled the average level for the quarter. During the last ten years there has been a 64% correlation between the level of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 28 2005
Help-Wanted Advertising Inched Up
The Index of Help-Wanted Advertising from the Conference Board inched up to 38 last month. The low reading equaled the average level for the quarter. During the last ten years there has been a 64% correlation between the level of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 27 2005
Mortgage Applications Fell
Total mortgage applications fell 5.8% last week, the fourth decline in the last six weeks according to the Mortgage Bankers Association. The decline lowered the average level in July 0.2% below June. Last week's decline was led by a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 27 2005
New Home Sales Jumped Again
New single-family home sales jumped 4.0% in June to 1.374M on top of the upwardly revised 3.0% gain in May. The figure set a new record and sales during the last six months averaged 1.288M, up 7.7% from last year's first six months. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 27 2005
U.S. Durable Goods Orders Firm, Revisions Positive
New orders for durable goods added 1.4% last month to the upwardly revised 6.4% jump in May. Consensus expectations had been for a 1.0% decline. Strength in the factory sector was quite apparent in a 2.6% rise in durable goods orders [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 27 2005
U.S. Durable Goods Orders Firm, Revisions Positive
New orders for durable goods added 1.4% last month to the upwardly revised 6.4% jump in May. Consensus expectations had been for a 1.0% decline. Strength in the factory sector was quite apparent in a 2.6% rise in durable goods orders [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 26 2005
Chain Store Sales Post Another Solid Gain
Chain store sales increased 0.4% last week according to the International Council of Shopping Centers (ICSC)-UBS survey. This fourth consecutive gain lifted sales so far in July 0.5% higher than during June when sales fell 0.4% versus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 26 2005
Gasoline Prices Dipped Last Week, Up 6.2% in July
In the US, the average price for unleaded regular gasoline dipped to $2.29 per gallon last week from $2.32 or more during the prior two weeks. Early month strength lifted the July average so far 6.2% above June. In 2005 gasoline [...]
by:Tom Moeller
|in:Economy in Brief
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