In September, industrial production rose just 0.2% following a downwardly revised 0.2% decline the prior month. Consensus expectations had been for a 0.4% September increase. Production in the factory sector fell 0.3% (+5.3% y/y) last [...]
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 15 2004Industrial Production Disappointing, Factory Output Down Broadly
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 15 2004
Empire State Index Dropped
The October Empire State Index of General Business Conditions in New York's manufacturing industries fell 9.8 points to 17.43 following a 14.04 point gain in September. New orders and shipments both gave back some of the prior months' [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 15 2004
Finished Producer Prices Up Slightly
In September the finished goods PPI rose 0.1% and matched Consensus expectations. The gain followed slight decline in two of the prior three months. Less food & energy prices were a bit stronger, up 0.3%, versus expectations for a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 15 2004
U.S. Consumer Spending Firm
US retail sales jumped 1.5% last month following a little revised 0.2% decline in August. The gain far outpaced Consensus expectations for a 0.6% rise. Higher sales of motor vehicles led the surge. A 4.2% jump in sales at motor [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 15 2004
U.S. Consumer Spending Firm
US retail sales jumped 1.5% last month following a little revised 0.2% decline in August. The gain far outpaced Consensus expectations for a 0.6% rise. Higher sales of motor vehicles led the surge. A 4.2% jump in sales at motor [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 14 2004
Initial Jobless Insurance Claims Rose
Initial claims for unemployment insurance rose 15,000 last week to 352,000 after a 35,000 decline the prior week that was little revised. Consensus expectations had been for 345,000 claims. The increase may have reflected aberrant [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 14 2004
Import Prices Up Just 0.2%
Import prices rose a modest 0.2% last month, just half the Consensus expectation. The prior month's surge of 1.7% was a bit lower than initially estimated due to a downwardly revised 0.3% gain in non-petroleum prices. In September, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 14 2004
U.S. Trade Deficit Deepened in August
In August, the U.S. foreign trade deficit deepened to $54.0B, the second highest level on record. Prior months' figures were little revised. Consensus expectations had been for a somewhat shallower deficit of $51.0B. Total exports [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 14 2004
U.S. Trade Deficit Deepened in August
In August, the U.S. foreign trade deficit deepened to $54.0B, the second highest level on record. Prior months' figures were little revised. Consensus expectations had been for a somewhat shallower deficit of $51.0B. Total exports [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 13 2004
Mortgage Applications Plunge Despite Lower Rates
Mortgage applications plunged last week according to the Mortgage Bankers Association (MBA). After two weeks at a relatively high level, the MBA index dropped 9.2% to the lowest level since August and so far in October is 0.7% below [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 13 2004
Mortgage Applications Plunge Despite Lower Rates
Mortgage applications plunged last week according to the Mortgage Bankers Association (MBA). After two weeks at a relatively high level, the MBA index dropped 9.2% to the lowest level since August and so far in October is 0.7% below [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 12 2004
U.S. Chain Store Sales Recovered Further
Chain store sales recovered another 0.5% last week following the prior week's 0.3% gain, according to the International Council of Shopping Centers (ICSC)-UBS. The two gains pulled sales so far in October almost even with the [...]
by:Tom Moeller
|in:Economy in Brief
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