New orders for durable goods soared 5.5% in May, lifted by aircraft & parts orders which more than doubled m/m. Consensus expectations had been for a 1.5% rise. The 125% surge in orders for aircraft raised transportation equipment [...]
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| Jun 24 2005U.S. Durable Goods Orders Soar
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 23 2005
U.S. Existing Home Sales Slipped
The National Association of Realtors reported that sales in May of existing homes declined a modest 0.7% to 7,130M versus the unrevised record during the prior month. Consensus expectations had been for roughly the same decline to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 23 2005
Initial Claims for Unemployment Insurance Fell
Initial claims for unemployment insurance fell a sharp 20,000 to 314,000 last week, the lowest level in two months. Consensus expectations had been for 330,000 claims and the prior week's figure was revised up slightly. The latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 23 2005
Initial Claims for Unemployment Insurance Fell
Initial claims for unemployment insurance fell a sharp 20,000 to 314,000 last week, the lowest level in two months. Consensus expectations had been for 330,000 claims and the prior week's figure was revised up slightly. The latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 22 2005
Crude Oil Prices Pushing $60 per Barrel
The price of oil touched $59.37 on Monday then a barrel of West Texas Intermediate crude dropped back yesterday to $56.91. So far in 2005 the price of crude has averaged $52.75, up 26% versus last year's average. In the US, the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 22 2005
Mortgage Applications Retraced Prior Week's Jump
The Mortgage Bankers Association reported that last week, total mortgage applications retraced more than half of the prior week's surge and fell 11.3% w/w. Nevertheless, applications so far in June remain 11.0% ahead of the May [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 22 2005
Mortgage Applications Retraced Prior Week's Jump
The Mortgage Bankers Association reported that last week, total mortgage applications retraced more than half of the prior week's surge and fell 11.3% w/w. Nevertheless, applications so far in June remain 11.0% ahead of the May [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 21 2005
Chain Store Sales Rose For Third Week
Chain store sales inched up another 0.1% last week following gains of 0.6% and 0.4% during the prior two periods according to the International Council of Shopping Centers (ICSC)-UBS survey. So far in June sales are 0.3% below the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 21 2005
Chain Store Sales Rose For Third Week
Chain store sales inched up another 0.1% last week following gains of 0.6% and 0.4% during the prior two periods according to the International Council of Shopping Centers (ICSC)-UBS survey. So far in June sales are 0.3% below the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 21 2005
Chain Store Sales Rose For Third Week
Chain store sales inched up another 0.1% last week following gains of 0.6% and 0.4% during the prior two periods according to the International Council of Shopping Centers (ICSC)-UBS survey. So far in June sales are 0.3% below the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 20 2005
Leading Indicators Down Again
The Composite Index of Leading Economic Indicators reported by the Conference Board fell a sharp 0.5% in May following an upwardly revised no change in April. Six-month growth in the leaders dropped to -2.2%. Growth in the leaders [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jun 20 2005
Leading Indicators Down Again
The Composite Index of Leading Economic Indicators reported by the Conference Board fell a sharp 0.5% in May following an upwardly revised no change in April. Six-month growth in the leaders dropped to -2.2%. Growth in the leaders [...]
by:Tom Moeller
|in:Economy in Brief
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