Orders received by U.S. manufacturers of durable goods dropped 2.8% last month following a revised 0.2% dip in February. It was the third consecutive monthly decline in new orders. Consensus expectations had been for a 0.3% rise. [...]
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| Apr 27 2005U.S. Durable Goods Orders Off Sharply
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 26 2005
New Home Sales Set Another Record
New single-family home sales set a new record in March with a 12.2% m/m jump to 1.431M following the upwardly revised 8.2% increase in February. Consensus estimates had been for sales of 1.190M. Last month's sales gain was led by a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 26 2005
Consumer Confidence Fell Due To Worsened Job Outlook
The Conference Board's April Index of Consumer Confidence about matched Consensus expectations and fell a sharp 5.1% to 97.7 from an upwardly revised March level. It was the steepest one month decline since last August and pulled [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 26 2005
Chain Store Sales Dipped
Chain store sales dipped 0.3% last week following a 1.0% pop the week earlier according to the International Council of Shopping Centers (ICSC)-UBS survey. With one week to go, the average of sales in April is 0.5% higher than during [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 26 2005
New Home Sales Set Another Record
New single-family home sales set a new record in March with a 12.2% m/m jump to 1.431M following the upwardly revised 8.2% increase in February. Consensus estimates had been for sales of 1.190M. Last month's sales gain was led by a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 25 2005
U.S. Existing Home Sales Up More Than Expected
Sales of existing homes rose 1.0% in March to 6.890M versus Consensus expectations for sales of 6.78M. Improved methodology, better modeling and the addition of condo & co-op sales affected the figures back to 1999. The data reflect [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 25 2005
ECRI Leading Index of U.S. Economy Flat to Down
The Weekly Leading Index of the US economy from the Economic Cycle Research Institute (ECRI) edged up in the latest week but remained off the series' high reached roughly one month ago. The six month growth rate of 3.4% also declined [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 25 2005
ECRI Leading Index of U.S. Economy Flat to Down
The Weekly Leading Index of the US economy from the Economic Cycle Research Institute (ECRI) edged up in the latest week but remained off the series' high reached roughly one month ago. The six month growth rate of 3.4% also declined [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 22 2005
NAHB Housing Market Index Fell
The National Association of Home Builders' (NAHB) Composite Housing Market Index fell to 67 in April versus an upwardly revised 70 in March. The index has fallen in three out of last four months. All of the index components fell from [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 22 2005
Commodity Prices Meander, Forward Momentum Lost
The JoC-ECRI (Journal of Commerce-Economic Cycle Research Institute) index of industrial commodity prices has moved somewhat lower during the last few weeks, and that decline highlights the loss of forward momentum developed during [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 22 2005
Commodity Prices Meander, Forward Momentum Lost
The JoC-ECRI (Journal of Commerce-Economic Cycle Research Institute) index of industrial commodity prices has moved somewhat lower during the last few weeks, and that decline highlights the loss of forward momentum developed during [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 21 2005
Philadelphia Fed Index Passed the Soft Spot
The Philadelphia Fed's April Index of General Business Conditions in the manufacturing sector recovered all of the prior month's decline and rose to 25.3. Consensus expectations had been for a lesser increase to 14.0. During the last [...]
by:Tom Moeller
|in:Economy in Brief
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