The Philadelphia Federal Reserve reported that its General Factory Sector Business Conditions Index for February remained negative at -2.8 versus -3.5 in January. It was the sixth consecutive reading below zero, although losses have [...]
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 18 2016Philadelphia Fed Business Conditions Index Is Negative
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 18 2016
U.S. Index of Leading Indicators Falls for a Second Month
The Conference Board's Index of Leading Economic Indicators fell 0.2% in January (+2.2% y/y), following a revised 0.3% December decline. The fall matched expectations in the Action Economics Forecast Survey. The three-month change in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 18 2016
U.S. Unemployment Insurance Claims Fall to Late-November Low
Initial unemployment insurance claims declined to 262,000 during the week ended February 13 from an unrevised 269,000 in the prior week. It was lowest level of initial filings since November 21, 2015. The four-week moving average [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 17 2016
U.S. Energy Prices Continue Downward
The pump price for a gallon of regular gasoline fell last week to an average $1.72 (-24.2% y/y), down from $1.76 in the prior week, according to the U.S. Department of Energy. The price compares to a 2014 high of $3.71 per gallon. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 17 2016
U.S. Industrial Production Rebounds
Overall industrial production jumped 0.9% during January (-0.7% y/y) following declines in the prior three months. It was the largest increase since November 2014. A 0.3% rise had been expected in the Action Economics Forecast Survey. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 17 2016
U.S. Housing Starts Fall Again
Housing starts during January declined 3.8% (+1.8% y/y) to 1.099 million (AR) from 1.143 million, revised from 1.149 million. The shortfall followed a 2.8% drop in December. The latest figure disappointed expectations for 1.17 million [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 16 2016
U.S. Home Builders Index Deteriorates
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo declined 4.9% to 58, the lowest level in nine months. January's level of 61 was revised up slightly. The NAHB figures are seasonally [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 16 2016
Empire State Factory Sector Activity Remains Depressed
The Empire State Factory Index of General Business Conditions continues to indicate declines in manufacturing sector activity. The New York index nudged up to -16.64 during February, but remained near the lowest level since April [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 12 2016
U.S. Retail Sales Increase Broadly; Less is Spent on Gasoline
The consumer reaped the benefit from lower gasoline prices last month and ramped up spending elsewhere. Retail sales gained 0.2% during January (3.4% y/y) following a 0.2% December rise, revised from -0.1%. A 0.1% uptick had been [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 12 2016
U.S. Import and Export Prices Decline Steadily
Import prices declined 1.1% during January (-6.2% y/y), the same as in December, revised from -1.2%. A 1.5% decline had been expected in the Action Economics Forecast Survey. Petroleum prices fell 13.4% (-35.3% y/y) following a 9.2% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 12 2016
U.S. Retail Sales Increase Broadly; Less Is Spent on Gasoline
The consumer reaped the benefit from lower gasoline prices last month and ramped up spending elsewhere. Retail sales gained 0.2% during January (3.4% y/y) following a 0.2% December rise, revised from -0.1%. A 0.1% uptick had been [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 11 2016
FIBER: Industrial Commodity Prices Improve
Despite continued weakness in factory sector output around the world during January, industrial commodity prices showed scattered improvement. The industrial price index from the Foundation for International Business and Economic [...]
by:Tom Moeller
|in:Economy in Brief
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