Housing starts during January declined 2.6% to 1.246 million (AR) from 1.279 million in December, revised from 1.226 million. Expectations had been for 1.215 million starts in the Action Economics Forecast Survey. Starts of single- [...]
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| Feb 16 2017
U.S. Housing Starts Ease, But Permits Improve
by:Tom Moeller
|in:Economy in Brief
Global| Feb 15 2017
U.S. Home Builders Index Slips Again
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo fell 3.0% to 65 during February (+12.1% y/y) following an unrevised decline to 67 in January. The NAHB figures are seasonally adjusted. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 15 2017
Empire State Business Conditions Survey Strengthens; Prices Surge
The Empire State Manufacturing Index of General Business Conditions for February jumped to 18.7 from 6.5 in January. It was the highest level since September 2014. The Action Economics Forecast Survey expected 7.0. These data, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 15 2017
U.S. CPI Strengthens With Higher Energy Prices
The Consumer Price Index jumped 0.6% during January following a 0.3% December gain. It was the strongest rise since February 2013 and lifted y/y growth to 2.5%. Expectations had been for a 0.3% gain in the Action Economic Forecast [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 14 2017
U.S. Gasoline Prices Rise; Crude Oil Slips
Regular gasoline prices moved up to $2.31 per gallon (33.8% y/y) last week following a decline to $2.29 per gallon in the prior week. Prices peaked at $2.39 early last month and remained down from a 2014 high of $3.71 per gallon. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 14 2017
U.S. Small Business Optimism Improves
The National Federation of Independent Business reported that its Small Business Optimism Index ticked 0.1% higher during January (12.8% y/y) to 105.9 following a 7.5% December surge. It was the strongest level of optimism since [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 14 2017
U.S. Producer Prices Strengthen Broadly
The headline Final Demand Producer Price Index increased 0.6% during January (1.6% y/y) after a 0.2% December gain, revised from 0.3%. The rise was the largest since September 2012 and exceeded expectations for a 0.3% increase in the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 14 2017
U.S. Producer Prices Strengthen Broadly
The headline Final Demand Producer Price Index increased 0.6% during January (1.6% y/y) after a 0.2% December gain, revised from 0.3%. The rise was the largest since September 2012, and exceeded expectations for a 0.3% increase in the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 13 2017
FIBER: Industrial Commodity Price Strength Outpaces Activity
The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) increased 2.9% during the last four weeks, and has risen 23.9% during the last twelve months. This follows strength [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 10 2017
U.S. Budget Surplus Eases in January; Deficit Declines This Fiscal Year
The U.S. Treasury Department reported that during January, the federal government ran a $51.3 billion budget surplus compared to a $55.2 billion surplus in January 2016. A $33.0 billion surplus had been expected in the Action [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 10 2017
U.S. Import & Export Prices Continue to Strengthen
Import prices increased 0.4% (3.7% y/y) during January after a 0.5% December rise, revised from 0.4%. A 0.3% increase had been expected in the Action Economics Forecast Survey. These figures are not seasonally adjusted. Petroleum [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 09 2017
Wholesale Inventory Growth Remains Firm
Inventories at the wholesale level jumped another 1.0% (2.8% y/y) during December, the same as in November. The advance report indicated a 1.1% December increase. Inventories of durable goods increased 0.7% (0.8% y/y) after a 1.0% [...]
by:Tom Moeller
|in:Economy in Brief
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