The retail price for gasoline rose to $2.42 per gallon last week (-5.4% y/y), the fourth consecutive week of increase. Haver Analytics constructs factors adjusting for the seasonal variation in gasoline pump prices. The seasonally- [...]
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 05 2019U.S. Gasoline Prices Move Upward
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 04 2019
U.S. Construction Spending Reverses Earlier Increase
The value of construction put-in-place declined 0.6% (+0.8% y/y) during December. It reversed an unrevised 0.8% November gain. A 0.2% rise had been expected in the Action Economics Forecast Survey. During all of 2018, construction's [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 04 2019
U.S. Construction Spending Reverses Earlier Increase
The value of construction put-in-place declined 0.6% (+0.8% y/y) during December. It reversed an unrevised 0.8% November gain. A 0.2% rise had been expected in the Action Economics Forecast Survey. During all of 2018, construction's [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 19 2019
U.S. Home Builder Index Continues to Rise
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo improved to 62 during February after increasing to 58 in January. Nevertheless, the figure remained below the expansion high of 74 in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 19 2019
FIBER: Industrial Commodity Prices Increase
The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) rose 2.8% during the last four weeks, but were 11.5% below the prior year's level. Individual commodity price gains were [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 15 2019
U.S. Industrial Production Declines Broadly
Activity in the factory sector weakened significantly last month. Industrial production declined 0.6% (+3.8% y/y) during January following a 0.1% December uptick, revised from +0.3%. A 0.2% rise had been expected in the Action [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 15 2019
Empire State Manufacturing Activity Improves Modestly
The Empire State Manufacturing Index of General Business Conditions rose to 8.8 during February, but remained near the lowest level since the middle of 2017. The Action Economics Forecast Survey expected a reading of 8.0 for February. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 15 2019
U.S. Industrial Production Slips Unexpectedly
The Federal Reserve reported that industrial production eased 0.1% (+3.5% y/y) during May following a 0.9% April rise, revised from 0.7%. A 0.2% increase had been expected in the Action Economics Forecast Survey. Factory sector [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 14 2019
U.S. Business Inventories Decline Led by Retailers
Total business inventories slipped 0.1% (+4.6% y/y) during November following an unrevised 0.6% October gain. Total business sales fell 0.3% (+4.2% y/y). The inventory-to-sales ratio held steady at 1.35 and remained below its 1.43 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 14 2019
U.S. Retail Sales Exhibit Extensive Weakness
Consumers cut back on spending late in 2018, to the greatest degree since 2009. Total retail sales declined 1.2% (+2.3% y/y) during December following a 0.1% November uptick, revised from 0.2%. A 0.2% rise had been expected in the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 13 2019
U.S. Government Budget Deficit Widens As Tax Rates Fall
The U.S. Treasury Department reported that the federal government ran a $13.5 billion budget deficit during December 2018. The deficit compared to a shortfall of $23.2 billion during December 2017. The Action Economics Forecast Survey [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 13 2019
U.S. Mortgage Loan Applications and Interest Rates Move Lower
The Mortgage Bankers Association reported that its total Mortgage Applications Index fell 3.7% (-10.9% y/y) during the week ended February 8, about the same as it did during the prior three weeks. These declines followed sharp [...]
by:Tom Moeller
|in:Economy in Brief
- of1073Go to 219 page