The average price for unleaded regular gasoline rose to $2.03 per gallon last week and has averaged $2.00 so far this month. The inflation adjusted "real" price of gasoline remained well below the early 1981 peak, but the roughly 50% [...]
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| Oct 26 2004Gasoline Above $2.00/gal. & Crude Oil Topped $50/bbl.
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 26 2004
Consumer Confidence Down Sharply
The Conference Boards Index of Consumer Confidence fell a sharp 4.0% in October to 92.8. It was the third consecutive monthly decline and was to the lowest level since March. Consensus expectations had been for a reading of 93.5. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 26 2004
Consumer Confidence Down Sharply
The Conference Boards Index of Consumer Confidence fell a sharp 4.0% in October to 92.8. It was the third consecutive monthly decline and was to the lowest level since March. Consensus expectations had been for a reading of 93.5. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 25 2004
ECRI U.S. Leading Index Flat Since July
The Weekly Leading Index of the US economy published by the Economic Cycle Research Institute (ECRI) has remained roughly unchanged since July. That performance pulled the smoothed six-month growth rate in the index to negative 1.0%. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 25 2004
U.S. Existing Home Sales Rebounded
Existing single family home sales rebounded 3.1% in September to 6.75M following two months of decline that were little revised. Consensus expectations had been for a roughly unchanged reading at 6.54M. The figures reflect closings of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 25 2004
U.S. Existing Home Sales Rebounded
Existing single family home sales rebounded 3.1% in September to 6.75M following two months of decline that were little revised. Consensus expectations had been for a roughly unchanged reading at 6.54M. The figures reflect closings of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 22 2004
Nat'l Activity Index Negative: Chicago Fed
The Chicago Fed National Activity Index (CFNAI) fell in September to the second negative reading in four months. Last month's level of -0.01 followed a downwardly revised figure in August. The three-month moving average of the CFNAI [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 22 2004
Nat'l Activity Index Negative: Chicago Fed
The Chicago Fed National Activity Index (CFNAI) fell in September to the second negative reading in four months. Last month's level of -0.01 followed a downwardly revised figure in August. The three-month moving average of the CFNAI [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 21 2004
Mass Layoffs Plunge Again
Mass layoffs in the US as reported to the Bureau of Labor Statistics fell another 12.5% following the 61.4% in August to the lowest level since August 1999. These layoffs generated 68,972 (-16.5% y/y) initial claims for unemployment [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 21 2004
Philadelphia Fed Activity Index Rebounded
The Philadelphia Feds October index of general business conditions in the manufacturing sector rebounded more than expected to 28.5. The 15.1 point rise versus September exactly matched that month's drop. Consensus expectations had [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 21 2004
Leading Indicators Down Again
The 0.1% September decline in the Conference Board's Composite Index of Leading Economic Indicators was expected and the fourth consecutive monthly drop. August's 0.3% decline was unrevised. Among the 10 components of the leading [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 21 2004
Initial Jobless Insurance Claims Drop Suggests Labor Market Firmed
Initial claims for unemployment insurance dropped 25,000 last week following a revised gain of 16,000 the week prior. The decline to 329,000 was to the lowest level in over a month and compared to the Consensus expectation for 345,000 [...]
by:Tom Moeller
|in:Economy in Brief
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