The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) rose 0.7% during the last four weeks, and were up 9.4% during the last twelve months. This adds to the strength during [...]
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| Jul 12 2017FIBER: Industrial Commodity Prices Improve
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 12 2017
U.S. Mortgage Loan Applications Fall Further
The Mortgage Bankers Association reported that its total Mortgage Applications Volume Index declined 7.4% (-37.0% y/y) in the week ended July 7, following a 1.4% rise. It was the lowest level of applications since mid-February. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 11 2017
U.S. Wholesale Inventories Increase; Sales Decline
Inventories at the wholesale level rebounded 0.4% during May following a 0.4% April decline, revised from -0.5%. Inventories rose a moderate 1.9% y/y. Durable goods inventories increased 0.6% (2.8% y/y) following no change in April. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 11 2017
U.S. JOLTS: Job Openings Weaken; Hires Improve
The Bureau of Labor Statistics reported that the total job openings rate declined to 3.7% during May from 3.9% in April, revised from a record high of 4.0%. Despite the decline, the hiring rate improved to 3.7%, its highest level in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 11 2017
U.S. Energy Prices Improve
Regular gasoline prices rose to $2.30 per gallon last week (2.0% y/y) from $2.26 in the prior week. They remained down, however, versus the high of $2.45 per gallon in late-April. Haver Analytics constructs factors adjusting for the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 11 2017
U.S. Small Business Optimism Weakens
The National Federation of Independent Business reported that its Small Business Optimism Index declined to 103.6 during June, the lowest level since November. Nevertheless, the index remained up 9.6% y/y. A lessened 33% of firms [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 10 2017
U.S. Consumer Credit Usage Rebounds
Consumer credit outstanding grew $18.42 billion (5.8% y/y) during May following a $12.93 billion rise in April, revised from $8.20 billion. A $12.0 billion May increase had been expected in the Action Economics Forecast Survey. During [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 10 2017
U.S. Labor Market Conditions Improvement Softens
The Labor Market Conditions Index (LMCI) from the Federal Reserve Board includes 19 indicators of labor market activity, covering the broad categories of unemployment and underemployment. These include jobs, workweeks, wages, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 07 2017
U.S. Payroll Increase Improves; Jobless Rate Edges Higher
Nonfarm payrolls rose 222,000 (1.5% y/y) during June. It was the strongest gain since February. A 180,000 increase had been expected in the Action Economics Forecast Survey. The rise followed a 152,000 gain in May and a 207,000 April [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 07 2017
U.S. Payroll Increase Improves; Jobless Rate Edges Higher
Nonfarm payrolls rose 222,000 (1.5% y/y) during June. It was the strongest gain since February. A 180,000 increase had been expected in the Action Economics Forecast Survey. The rise followed a 152,000 gain in May and a 207,000 April [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2017
U.S. Initial Unemployment Insurance Applications Increase
Initial claims for unemployment benefits during the week ended July 1 increased to 248,000 (-4.2% y/y) from an unrevised 244,000 in the prior week. Expectations called for 243,000 claims in the Action Economics Forecast Survey. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 06 2017
U.S. ISM Nonmanufacturing Index Unexpectedly Rebounds
The Composite Index of Nonmanufacturing Sector Activity from the Institute for Supply Management (ISM) improved to 57.4 during June, and reversed virtually all of its May decline. The Action Economics Forecast Survey expected a [...]
by:Tom Moeller
|in:Economy in Brief
- of1072Go to 290 page