The Philadelphia Federal Reserve reported that its General Factory Sector Business Conditions Index remained positive in November. At 7.6, it was fourth consecutive reading above zero, and followed an unrevised 9.7 in October. It was [...]
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| Nov 18 2016Philadelphia Fed Factory Business Outlook Survey Indicates Growth
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 17 2016
U.S. Initial Jobless Insurance Claims Underpin Labor Market Strength
Labor market improvement is nowhere more evident than in fewer claims for jobless insurance. Initial claims for unemployment insurance declined to 235,000 (-14.5% y/y) during the week ended November 12 following an unrevised fall to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 17 2016
U.S. CPI Gain Raised Again by Energy Prices; Core Prices Increase Minimally
The consumer price index increased 0.4% (1.6% y/y) during October following an unrevised 0.3% rise. It was the strongest increase in six months, and matched expectations in the Action Economics Forecast Survey. Prices excluding food & [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 17 2016
U.S. Housing Starts Reach 2007 High; Permits Improve
Housing starts increased 25.5% (23.3% y/y) during October to 1.323 million (AR) following a September decline to 1.054 million, revised from 1.047 million. It was the highest level of starts since August 2007. Expectations were for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 16 2016
U.S. Industrial Production Is Unchanged; Factory Output Improves
Industrial output was steady during October (-0.9% y/y) following a 0.2% September decline, revised from a 0.1% increase. An August decline of 0.1% was revised from -0.5%. The unchanged October reading disappointed expectations for a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 16 2016
U.S. Home Builders Index Steadies
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo held at 63 (1.6% y/y) during November following an unrevised decline from 65 in September. The NAHB figures are seasonally adjusted. During [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 16 2016
U.S. Producer Prices Remain Unchanged in October with Firming Trend in Place
The headline Final Demand Producer Price Index held steady (0.8% y/y) during October following an unrevised 0.3% September gain. A 0.3% rise had been expected for last month in the Action Economics Forecast Survey. Excluding food & [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 15 2016
U.S. Petroleum & Natural Gas Prices Fall
Energy product prices continued to decline last week. Regular gasoline prices declined to $2.18 per gallon (+0.3% y/y) last week, the lowest level since mid-August. Prices remained down versus a 2014 high of $3.71 per gallon. Haver [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 15 2016
U.S. Business Inventories Inch Higher
Total business inventories increased 0.1% during September (0.6% y/y) following an unrevised 0.2% August gain. Total business sales improved 0.7%, and were up 0.8% y/y. The inventory-to-sales ratio eased to 1.38, down sharply from [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 15 2016
U.S. Import Price Increase Powered by Oil
Import prices improved 0.5% during October (-0.2% y/y) following a 0.2% September increase, revised from 0.1%. A 0.4% increase had been expected in the Action Economics Forecast Survey. These figures are not seasonally adjusted. A [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 15 2016
Empire State Factory Sector Index Turns Positive
The Empire State Factory Index of General Business Conditions for November posted its first reading above zero since July. It rose to 1.5 from -6.8 in October. Expectations had been for -3.0 in the Action Economics Forecast Survey. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 15 2016
U.S. Retail Sales Post Another Firm Increase
Total retail sales & spending at restaurants increased 0.8% during October (4.3% y/y) following a 1.0% September rise, revised from 0.6%. A 0.6% increase had been expected in the Action Economics Forecast Survey. The rise lifted [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 331 page