The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) rose 1.3% during the last four weeks and gained 6.7% during all of 2017. That increase followed a 19.2% rise in 2016 and [...]
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| Jan 02 2018
FIBER: Industrial Commodity Prices Improve in 2017
by:Tom Moeller
|in:Economy in Brief
Global| Jan 02 2018
FIBER: Industrial Commodity Prices Improve in 2017
The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) rose 1.3% during the last four weeks and gained 6.7% during all of 2017. That increase followed a 19.2% rise in 2016 and [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 02 2018
FIBER: Industrial Commodity Prices Improve in 2017
The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) rose 1.3% during the last four weeks and gained 6.7% during all of 2017. That increase followed a 19.2% rise in 2016 and [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 22 2017
U.S. New Home Sales Surge to Ten-Year High
Sales of new single-family homes jumped 17.5% (26.6% y/y) to 733,000 (SAAR) during November following 624,000 sales in October, revised from 685,000. Sales were at the highest level since July 2007. Expectations in the Action [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 22 2017
U.S. Personal Spending Growth Picks Up; Income Gain Moderates
Personal consumption expenditures increased 0.6% (4.5% y/y during November following a 0.2% October gain, revised from 0.3%. A 0.4% rise had been expected in the Action Economics Forecast Survey. Adjusted for price inflation, personal [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 21 2017
U.S. Leading Economic Indicators Continue to Increase
The Conference Board's Composite Index of Leading Economic Indicators rose 0.4% during November following an unrevised 1.2% jump during October. A 0.4% rise had been expected in the Action Economics Forecast Survey. Three-month growth [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 21 2017
U.S. Initial Claims for Unemployment Insurance Increase
Initial unemployment insurance claims rose to 245,000 (-8.9% y/y) in the week ended December 16 from an unrevised 225,000 in the prior week. It was the highest level of claims in five weeks. Expectations had been for 232,000 claims in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 21 2017
U.S. GDP Growth Is Slightly Weakened
Economic growth was revised to 3.2% (AR, 2.3% y/y) during Q3'17 from a 3.3% second estimate released last month. It was the strongest growth since Q1'15. Expectations had been for 3.3% growth in the Action Economics Forecast Survey. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 20 2017
U.S. Mortgage Loan Applications Decline
The Mortgage Bankers Association reported that its total Mortgage Applications Volume Index fell 4.9% last week (-8.0% y/y) following a 2.3% drop during the prior week. Purchase loan applications fell 5.5% (+0.8% y/y) following a 1.1% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 20 2017
U.S. Existing Home Sales & Prices Strengthen
The National Association of Realtors reported that sales of existing homes increased 5.6% (3.8% y/y) to 5.810 million (AR) during November. It was the highest level of sales since December 2006. The rise followed a little-revised 2.4% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 19 2017
U.S. Current Account Deficit Shrinks Dramatically
The U.S. current account deficit narrowed sharply to $100.6 billion during Q3 2017 from $124.4 billion in Q2. It was the smallest deficit in three years. The Q3 deficit figure compared to $116.8 billion expected in the Action [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 19 2017
U.S. Gasoline Prices Decline
Retail gasoline prices fell to $2.45 per gallon (+8.2% y/y) last week, down for the fifth straight week. Haver Analytics constructs factors adjusting for the seasonal variation in gasoline pump prices. At $2.74 per gallon, the [...]
by:Tom Moeller
|in:Economy in Brief
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