In a move foreshadowed by earlier reports from regions around the US, the May Composite Index of activity in the manufacturing sector compiled by the Institute of Supply Management fell another 1.9 points to 51.4. The index has fallen [...]
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 01 2005ISM Factory Index Fell Again
by:Tom Moeller
|in:Economy in Brief
- Global| May 31 2005
Chicago Purchasing Agents' Index Down Big
The Chicago Purchasing Managers Business Barometer fell sharply in May. The 11.5 point decline to 54.1 was the steepest drop since 1974, nearly matched the record for a one month decline and pulled the index to its lowest since June [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 31 2005
Consumer Confidence Rebounded
The May Index of Consumer Confidence from the Conference Board rebounded much more than expected to 102.2. Confidence had fallen in each of the prior three months and Consensus expectations had been for another decline to 96.1. During [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 31 2005
Consumer Confidence Rebounded
The May Index of Consumer Confidence from the Conference Board rebounded much more than expected to 102.2. Confidence had fallen in each of the prior three months and Consensus expectations had been for another decline to 96.1. During [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 27 2005
U.S. Consumer Sentiment A Bit Better
The University of Michigan's reading of consumer sentiment for all of May did fall 0.9% from the prior month to 85.9 but that was better than the mid-month reading of a 2.7% decline. Consensus expectations had been for a level of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 27 2005
U.S. Income & Outlays Firm, Wage Revisions Upward
Personal income in April rose 0.7% following a 0.5% increase in March. Consensus expectations had been for a 0.6% rise. Disposable personal income increased 0.5% (6.0% y/y) following two months of 0.4% gain. When adjusted for price [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 27 2005
U.S. Income & Outlays Firm, Wage Revisions Upward
Personal income in April rose 0.7% following a 0.5% increase in March. Consensus expectations had been for a 0.6% rise. Disposable personal income increased 0.5% (6.0% y/y) following two months of 0.4% gain. When adjusted for price [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 26 2005
Help-Wanted Advertising Flat
The April Index of Help-Wanted Advertising from the Conference Board remained at 39. It fell in March from 41 during the prior two months. During the last ten years there has been a 65% correlation between the level of help-wanted [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 26 2005
Initial Claims for Jobless Insurance Nudged Up
Initial claims for unemployment insurance nudged 1,000 higher last week to 323,000 and the prior week's drop was lessened slightly to 19,000. Consensus expectations had been for 325,000 claims. During the last ten years there has been [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 26 2005
US GDP Growth Revised Up, Corporate Profit Growth Down
US real GDP growth last quarter was revised up to 3.5% (AR) due to a halving of the subtraction from deterioration in the foreign trade deficit. Consensus expectations had been for a 3.7% advance. Growth in corporate profits (w/IVA & [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 26 2005
US GDP Growth Revised Up, Corporate Profit Growth Down
US real GDP growth last quarter was revised up to 3.5% (AR) due to a halving of the subtraction from deterioration in the foreign trade deficit. Consensus expectations had been for a 3.7% advance. Growth in corporate profits (w/IVA & [...]
by:Tom Moeller
|in:Economy in Brief
- Global| May 25 2005
Mortgage Applications Recover
Last week total mortgage applications recovered nearly half of the prior period's decline with a 4.3% gain that left applications so far in May 7.4% ahead of the April average, according to the Mortgage Bankers Association. The gain [...]
by:Tom Moeller
|in:Economy in Brief
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