The Federal Reserve Bank of Philadelphia reported that its Nonmanufacturing Business Index of current general activity at the company level dropped to -12.8 during March after rising to 36.1 in February. The index of expected general [...]
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| Mar 24 2020Philadelphia Fed Nonmanufacturing Business Activity Collapses
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 24 2020
U.S. Energy Product Costs Plumb New Lows
The per barrel price of West Texas Intermediate crude oil has weakened due to reduced demand from around the globe and increases in supply. It declined to $23.36 yesterday from an average $24.79 last week after averaging $32.34 in the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 24 2020
U.S. Energy Product Costs Plumb New Lows
The per barrel price of West Texas Intermediate crude oil has weakened due to reduced demand from around the globe and increases in supply. It declined to $23.36 yesterday from an average $24.79 last week after averaging $32.34 in the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 24 2020
U.S. Energy Product Costs Plumb New Lows
The per barrel price of West Texas Intermediate crude oil has weakened due to reduced demand from around the globe and increases in supply. It declined to $23.36 yesterday from an average $24.79 last week after averaging $32.34 in the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 24 2020
U.S. Energy Product Costs Plumb New Lows
The per barrel price of West Texas Intermediate crude oil has weakened due to reduced demand from around the globe and increases in supply. It declined to $23.36 yesterday from an average $24.79 last week after averaging $32.34 in the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 23 2020
Chicago Fed National Activity Index Suggests Growth Picked Up in February
The Chicago Federal Reserve Bank indicated that these February figures likely were not much influenced by the COVID-19 outbreak. It reported that its National Activity Index (CFNAI) improved to 0.16 last month from -0.33 in January, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 23 2020
Chicago Fed National Activity Index Suggests Growth Picked Up in February
The Chicago Federal Reserve Bank indicated tha
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 20 2020
U.S. Existing Home Sales Reach 2007 High with Increased Prices in February
The National Association of Realtors (NAR) reported that sales of existing homes during February jumped 6.5% (7.2% y/y) to 5.770 million (AR) from 5.420 million in January, revised from 5.460 million. It was the highest level of sales [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 20 2020
U.S. Existing Home Sales Reach 2007 High with Increased Prices in February
The National Association of Realtors (NAR) reported that sales of existing homes during February jumped 6.5% (7.2% y/y) to 5.770 million (AR) from 5.420 million in January, revised from 5.460 million. It was the highest level of sales [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 19 2020
U.S. Leading Economic Indicators Edge Higher Ahead of Coronavirus
The Conference Board's Composite Index of Leading Economic Indicators rose 0.1% during February following a 0.7% January increase, revised from 0.8%. The latest reading compared to zero change expected in the Action Economics Forecast [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 19 2020
Philadelphia Fed Manufacturing Index Plunges in March
The Federal Reserve Bank of Philadelphia reported that its General Factory Sector Business Conditions Index deteriorated to -12.7 during March from 36.7 in February. It was the first negative reading since February 2013. An index of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 19 2020
Philadelphia Fed Manufacturing Index in March Signals Recession
The Federal Reserve Bank of Philadelphia reported that its General Factory Sector Business Conditions Index deteriorated to -12.7 during March from 36.7 in February. It was the first negative reading since February 2013. An index of [...]
by:Tom Moeller
|in:Economy in Brief
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