Retail gasoline prices increased to $2.80 per gallon last week (14.3% y/y) following the prior week's six cent increase to $2.75 per gallon. It was the highest price level since July 2015. Haver Analytics constructs factors adjusting [...]
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| Apr 24 2018U.S. Energy Prices Rise Further
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 23 2018
U.S. Existing Home Sales & Prices Rise Again
The National Association of Realtors reported that sales of existing homes increased 1.1% during March (-1.2% y/y) to 5.600 million units (AR) following an unrevised 3.0% February gain to 5.540 million units. Expectations had been for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 20 2018
FIBER: Industrial Commodity Prices Strengthen Selectively
The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) increased 0.4% during the last four weeks. The improvement was powered by just two sectors, metals & petroleum. During [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 19 2018
U.S. Leading Economic Indicators Signal Continued Expansion
The Conference Board's Composite Index of Leading Economic Indicators increased 0.3% during March following a 0.7% February gain, revised from 0.6%. The y/y change strengthened to 6.2% from 4.1% during all of last year. The latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 19 2018
U.S. Initial Claims for Unemployment Insurance Are Little Changed
Initial unemployment insurance claims slipped to 232,000 (-6.1% y/y) during the week ended April 14 from an unrevised 233,000 in the prior week. Expectations had been for 230,000 initial claims in the Action Economics Forecast Survey. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 18 2018
U.S. Mortgage Loan Applications Rebound; Interest Rates Steady
The Mortgage Bankers Association reported that its total Mortgage Applications Volume Index increased 4.9% last week (1.0% y/y), following a 1.9% decline during the prior week. Purchase loan applications increased 6.1% (10.1% y/y) [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 17 2018
U.S. Gasoline and Crude Oil Prices Strengthen
Retail gasoline prices rebounded to $2.75 per gallon last week (12.8% y/y) following the prior week's one penny drop to $2.69. It was the highest price level since late-July 2015. Haver Analytics constructs factors adjusting for the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 17 2018
U.S. Industrial Production Strengthens; Factory Output Ticks Higher
The Federal Reserve reported that industrial production increased 0.5% (4.3% y/y) during March following a 1.0% February rise, revised from 1.1%. A 0.4% rise had been expected in the Action Economics Forecast Survey. Factory sector [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 17 2018
U.S. Housing Starts and Building Permits Recover
Total housing starts in March increased 1.9% to 1.319 million units (SAAR) following February's 3.3% decline to 1.295 million, revised from 1.236 million. A level of 1.260 million starts had been expected in the Action Economic [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 16 2018
Empire State Manufacturing Index Weakens
The Empire State Manufacturing Index of General Business Conditions declined to 15.8 during April after jumping to 22.5 in March. Expectations had been for 18.6 in the Action Economics Forecast Survey. These data, reported by the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 16 2018
U.S. Home Builder Index Eases Again
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo slipped to 69 during April from an unrevised 70 in March. It was the lowest figure since November. The reading compared to expectations for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Apr 16 2018
U.S. Retail Sales Strengthen
Total retail sales increased 0.6% (4.5% y/y) during March following an unrevised 0.1% slip in February. The gain was the first in four months. A 0.4% increase had been expected in the Action Economics Forecast Survey. Excluding motor [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 264 page