• Component movement was mixed. • Expectations remain depressed. The Federal Reserve Bank of Philadelphia reported that its General Factory Sector Business Conditions Index fell in August to 17.2% from 24.1% during July. It was the [...]
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| Aug 20 2020
Philadelphia Fed Factory Sector Activity Is Expanding
by:Tom Moeller
|in:Economy in Brief
Global| Aug 20 2020
U.S. Leading Indicators Continue to Increase in July
• Component gains are somewhat mixed. • Coincident indicators rise further. • Lagging indicators indicate less economic stress. The Conference Board reported that its Composite Index of Leading Economic Indicators increased 1.4% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 20 2020
Philadelphia Fed Factory Sector Activity Is Expanding
• Component movement was mixed. • Expectations remain depressed. The Federal Reserve Bank of Philadelphia reported that its General Factory Sector Business Conditions Index fell in August to 17.2% from 24.1% during July. It was the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 20 2020
Philadelphia Fed Factory Sector Activity Is Expanding
• Component movement was mixed. • Expectations remain depressed. The Federal Reserve Bank of Philadelphia reported that its General Factory Sector Business Conditions Index fell in August to 17.2% from 24.1% during July. It was the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 19 2020
FIBER: Industrial Commodity Prices Continue to Increase
• Crude oil prices show further strength. • Metals and lumber prices jump. The upturn in factory sector activity continues to support industrial materials prices. A 3.3% jump in July industrial output helped lift the Industrial [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 19 2020
Mortgage Loan Applications Decline as Interest Rates Increase
• Mortgage demand wavers. • Applications to refinance an existing loan decline while purchase applications rise. The Mortgage Bankers Association reported that its total Mortgage Applications Index fell 3.3% (+34.3% y/y) during the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 18 2020
E-Commerce Sales Surge During Lockdown
The U.S. Commerce Department reported that during the second quarter of this year, retail sales via the internet (E-Commerce) rose 31.8% (SA) from Q1'20. The gain followed increases of 2.4% in Q1 and a 2.2% Q4'19 rise. This strength [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 18 2020
U.S. Housing Starts Surge Unexpectedly in July; Building Permits Strengthen
• Housing activity continues to recover following coronavirus shutdown. • Building permits hit six-month high. Improved activity in the housing sector continues to lead the economy out of recession. Housing starts strengthened 22.6% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 17 2020
U.S. Home Builder Sentiment Unexpectedly Surges to Record High in August
• Housing market activity continues to strengthen. • Number of prospective buyers posts a new record. • Strength is broad-based regionally. The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 17 2020
Empire State Manufacturing Activity Improves Slowly in August
Economic activity in New York continued to expand in August, but at a rate reduced from July's. The Empire State Manufacturing Index of General Business Conditions declined in August to 3.7 from 17.2. The figures remained up, however, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 14 2020
U.S. Business Inventories Continue to Decline in June
• Business inventories decline for the sixth consecutive month. • Sales post second straight month of strong increase. • Inventory-to-sales ratio drifts lower. Total business inventories fell 1.1% in June (-5.8% y/y) after declining [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 14 2020
U.S. Retail Sales Post Firm Increase in July
• Consumer spending stays strong for third straight month. • Auto sales decline holds back total. The consumer continues to spend, following coronavirus shutdowns in the spring. Total retail sales, including food service [...]
by:Tom Moeller
|in:Economy in Brief
- of1075Go to 152 page