Industrial output increased 0.7% during July (-0.5% y/y) following a 0.4% June gain, revised from 0.6%. A 0.3% rise in output had been expected in the Action Economics Forecast Survey. Factory sector production rose 0.5% last month [...]
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| Aug 16 2016
U.S. Industrial Production Increase Is Broad-Based
by:Tom Moeller
|in:Economy in Brief
Global| Aug 16 2016
U.S. Petroleum Prices Firm
Regular gasoline prices remained steady last week and averaged $2.15 per gallon (-20.9% y/y). Prices were 25 cents lower than early-June, according to the U.S. Department of Energy. Prices were down versus a 2014 high of $3.71 per [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 16 2016
U.S. Industrial Production Increase Is Broad-Based
Industrial output increased 0.7% during July (-0.5% y/y) following a 0.4% June gain, revised from 0.6%. A 0.3% rise in output had been expected in the Action Economics Forecast Survey. Factory sector production rose 0.5% last month [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 16 2016
U.S. Housing Starts Improve Further
Housing starts increased 2.1% during July to 1.211 million units (SAAR) from 1.186 million in June, revised from 1.189 million. It was the highest level since February and 5.6% higher than one year earlier. Expectations were for 1.18 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 16 2016
U.S. CPI Remains Unchanged; Core Price Increase Slows
Pricing power waned during July. The consumer price index remained unchanged (0.8% y/y), as expected in the Action Economics Forecast Survey, following two months of 0.2% increase. Prices excluding food & energy nudged 0.1% higher [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 15 2016
U.S. Home Builders Index Recovers
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo improved to 60 during August from 58 in July, revised from 59. The NAHB figures are seasonally adjusted. During the last ten years there has [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 15 2016
Empire State Factory Sector Activity Index Declines
The Empire State Factory Index of General Business Conditions declined during August to -4.21, the lowest level in three months. Expectations had been for 1.3 in the Action Economics Forecast Survey. The data are reported by the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 12 2016
Business Inventories Increase Slightly; Sales Jump
Total business inventories edged 0.2% higher (0.5% y/y) during June following an unrevised 0.2% increase in May. Total business sales strengthened 1.2% (-0.6% y/y) after a 0.3% rise, revised from 0.2%. Retail inventories rose 0.5% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 12 2016
U.S. Producer Prices Unexpectedly Decline
The headline Final Demand Producer Price Index declined 0.4% (-0.2% y/y) during July following an unrevised 0.5% June rise. It was the first decline since March. A 0.1% rise had been expected in the Action Economics Forecast Survey. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 12 2016
U.S. Retail Sales Remain Unchanged; Non-Auto Sales Decline
Total retail sales & spending at restaurants were virtually unchanged during July (2.3% y/y) following a 0.8% June rise, revised from 0.6%. Consensus expectations had been for 0.4% growth in the Action Economics Forecast Survey. Auto [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 11 2016
U.S. Initial Unemployment Insurance Claims Remain Little Changed
Initial claims for unemployment insurance eased to 266,000 during the week ended August 6 following 267,000 claims in the week prior, revised from 269,000. Claims remained near the lowest level since 1973. The four-week moving average [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 11 2016
U.S. Import Price Rise Driven by Nonpetroleum Products; Oil Costs Decline
Import prices edged 0.1% higher (-3.7% y/y) during July following a 0.6% June gain, revised from 0.2%. The rise compared to expectations for a 0.4% fall in the Action Economics Forecast Survey. These figures are not seasonally [...]
by:Tom Moeller
|in:Economy in Brief
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