US real GDP growth in 4Q04 was revised up to 3.8% (AR), about the same rate of growth as in the prior quarter. The Consensus expectation had been for 3.6% growth in 4Q. Trade sector deterioration is now estimated to have subtracted [...]
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| Feb 25 2005US GDP Growth Revised Up
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 25 2005
US GDP Growth Revised Up
US real GDP growth in 4Q04 was revised up to 3.8% (AR), about the same rate of growth as in the prior quarter. The Consensus expectation had been for 3.6% growth in 4Q. Trade sector deterioration is now estimated to have subtracted [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 24 2005
Energy Prices Firm
The average price for unleaded regular gasoline rose to $1.91 per gallon last week and the average price this month of $1.90 is up versus the low of $1.83 in January. The price of oil firmed even more with the price of West Texas [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 24 2005
Help-Wanted Advertising: An Upside Breakout
The Conference Board's National Index of Help-Wanted Advertising rose to 41 in January, the highest level in nearly two years. During the last ten years there has been an 88% correlation between the level of help-wanted advertising [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 24 2005
Initial Jobless Insurance Claims Up Modestly
Initial claims for unemployment insurance 9,000 to 312,000 last week following three weeks of sharp decline. The prior week's level was little revised and Consensus expectations had been for 309,000 claims. Despite the increase, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 24 2005
U.S. Durable Goods Orders Lower in January, Trend Strong
Durable goods orders fell 0.9% in January following an upwardly revised gain in December of 1.4%. Consensus expectations had been for no change. Orders for transportation equipment weakened during the last two months, down 5.3% in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 24 2005
U.S. Durable Goods Orders Lower in January, Trend Strong
Durable goods orders fell 0.9% in January following an upwardly revised gain in December of 1.4%. Consensus expectations had been for no change. Orders for transportation equipment weakened during the last two months, down 5.3% in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 23 2005
Mortgage Applications Off Again
The Mortgage Bankers Association reported that mortgage applications fell another 0.6% last week but slight decline during the last two weeks only tempered earlier gains which lifted the average in February 11.1% above January. Last [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 23 2005
Chain Store Sales Dipped
Chain store sales dipped 0.1% last week and reversed the prior week's up tick according to the International Council of Shopping Centers (ICSC)-UBS survey. Sales in February are 0.7% ahead of the January average which rose 0.9% from [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 23 2005
Consumer Prices Rose As Expected
Consumer Prices (CPI-U) rose a modest 0.1% in January following an upwardly revised no change the month earlier. Consensus expectations had been for a 0.2% increase for last month. Prices less food & energy rose the same 0.2% in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 23 2005
Consumer Prices Rose As Expected
Consumer Prices (CPI-U) rose a modest 0.1% in January following an upwardly revised no change the month earlier. Consensus expectations had been for a 0.2% increase for last month. Prices less food & energy rose the same 0.2% in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 22 2005
Consumer Confidence Slipped
The Conference Boards Index of Consumer Confidence slipped in February to 104.0 from an upwardly revised January level of 105.1. Consensus expectations had been for a reading of 103.3. The index of consumer expectations fell for the [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 988 page