Chain store sales rose 0.3% last week for the third consecutive weekly rise, according to the International Council of Shopping Centers (ICSC)-UBS survey. So far this month sales are 0.4% higher than during June when sales fell 0.4% [...]
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 19 2005Chain Store Sales Again Higher
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 19 2005
NAHB Housing Market Index Fell from Record High
The National Association of Home Builders' (NAHB) Composite Housing Market Index fell to 70 in July from the upwardly revised record level one month prior. The index this year has averaged 70, up slightly versus 2004. During the last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 19 2005
Housing Starts Unchanged, Single Family Slipped
Housing starts were unchanged last month at 2.004M units.Consensus expectations had been for 2.05M starts. Single-family starts slipped 2.5% after rising 4.2% in May which was a slightly weaker gain than reported initially. The June [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 19 2005
Housing Starts Unchanged, Single Family Slipped
Housing starts were unchanged last month at 2.004M units.Consensus expectations had been for 2.05M starts. Single-family starts slipped 2.5% after rising 4.2% in May which was a slightly weaker gain than reported initially. The June [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 18 2005
ECRI Leading Economic Index Improved Slightly
Though the level of the leading index of the US economy published by the Economic Cycle Research Institute (ECRI) fell in the latest week, the 0.7% decline was not enough to undo the modest improvement in the leaders since late May. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 18 2005
ECRI Leading Economic Index Improved Slightly
Though the level of the leading index of the US economy published by the Economic Cycle Research Institute (ECRI) fell in the latest week, the 0.7% decline was not enough to undo the modest improvement in the leaders since late May. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 15 2005
U.S. Business Inventory Accumulation Continued Slow
Total business inventories rose just 0.1% in May following a downwardly revised 0.2% gain in April. The three month change in inventories dropped to 3.3% (AR) versus the 12.1% peak rate of accumulation through last August. The ratio [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 15 2005
Empire State Index Up Sharply
The July Empire State Index of General Business Conditions in New York's manufacturing industries doubled June's positive reading and rose to 23.91 versus 10.49. The two figures were the best back-to-back positive indications since [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 15 2005
Industrial Production Recovered
Industrial production in June jumped 0.9% and handily beat Consensus expectations for a 0.4% rise. The gain was inflated by warmer weather which raised utility output by 5.3%. Factory sector output rose 0.4% (3.8% y/y) following a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 15 2005
U.S. Consumer Sentiment Up A Bit Further
The University of Michigan's preliminary reading of consumer sentiment in July rose to 96.5 and added 0.5% to the 10.5% increase during June. Consensus expectations had been for a slight pullback to 95.0. During the last ten years [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 15 2005
Producer Prices Unexpectedly Weak
The producer price index for finished goods was unexpectedly unchanged last month following the 0.6% decline in May which also was unexpected. Consensus expectations had been for a 0.4% rise in June. Excluding food & energy prices [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 15 2005
Producer Prices Unexpectedly Weak
The producer price index for finished goods was unexpectedly unchanged last month following the 0.6% decline in May which also was unexpected. Consensus expectations had been for a 0.4% rise in June. Excluding food & energy prices [...]
by:Tom Moeller
|in:Economy in Brief
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