The Consumer Price Index eased 0.1% during December following no change in November. The 0.7% twelve-month increase compared to 0.8% during 2014 as inflation during both years was held in check by lower energy costs. Prices excluding [...]
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| Jan 20 2016
U.S. CPI Remains Low as Energy Prices Decline; Core Prices Accelerate
by:Tom Moeller
|in:Economy in Brief
Global| Jan 19 2016
FIBER: Industrial Commodity Price Decline Continues
Sluggish growth in worldwide economies continues to put downward pressure on industrial commodity prices. The industrial price index from the Foundation for International Business and Economic Research (FIBER) deteriorated by 0.7% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 19 2016
U.S. Home Builders Index Treads Water
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo held steady during January at 60 after falling 7.7% during the prior two months. It matched the level reached last June and has moved in a [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 15 2016
Empire State Factory Sector Activity Plummets to Lowest Point Since the Recession
The Empire State Factory Index of General Business Conditions declined sharply during January to -19.37, the lowest level since March 2009. Expectations had been for -4.0 in the Action Economics Forecast Survey. The data are reported [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 15 2016
U.S. Industrial Production Declines for the Third Straight Month
Overall industrial output declined 0.4% during December following a 0.9% November fall, revised from -0.6%. It was the third consecutive monthly decline and lessened the 2015 increase to 1.3%, its weakest rise in six years. The Action [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 15 2016
U.S. Retail Sales Ease; Weakness Is Broad-Based
Consumers reined in their spending for the holiday season. Purchases at retail stores and restaurants eased 0.1% during December (+2.8% y/y) following a 0.4% November rise, revised from 0.2%. For all of last year, sales advanced 2.1%, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 15 2016
U.S. Retail Sales Ease; Weakness Is Broad-Based
Consumers reined in their spending for the holiday season. Purchases at retail stores and restaurants eased 0.1% during December (+2.8% y/y) following a 0.4% November rise, revised from 0.2%. For all of last year, sales advanced 2.1%, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 14 2016
U.S. Import Price Decline Remains Broad-Based
Import prices declined 1.2% during December (-8.2% y/y) following a 0.5% November easing, revised from -0.4%. A 1.4% decline had been expected in the Action Economics Forecast Survey. Petroleum prices fell 10.0% following a 3.6% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 14 2016
U.S. Initial Unemployment Insurance Claims Move Higher
Initial claims for unemployment insurance rose to 284,000 (-4.9% y/y) in the week ended January 9 from an unrevised 277,000 in the previous week. Consensus expectations were for 272,000 applications in the Action Economics Forecast [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 13 2016
U.S. Budget Deficit Deepens
The U.S. Treasury Department reported a $14.4 billion budget deficit during December, reversing the $1.9 billion surplus twelve months earlier. A $3.5 billion deficit had been expected in the Action Economics Forecast Survey. Overall [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 12 2016
U.S. Small Business Optimism Index Is Fairly Steady; Prices Fall
The National Federation of Independent Business reported that its Small Business Optimism Index gained 0.4 points during December to a seasonally adjusted 95.2. It remained down, however, from 100.4 in December 2014. According to the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 12 2016
U.S. JOLTS: Job Openings Rate Improves
The job openings rate increased to 3.7% during November from 3.6% in October. The latest figure compared to 3.4% one year earlier, but was down from the expansion high of 3.8% reached during July. The private sector job openings rate [...]
by:Tom Moeller
|in:Economy in Brief
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