The Conference Board's Index of Leading Economic Indicators improved 0.1% during February (2.3% y/y), following declines during the prior two months. The improvement fell short of expectations in the Action Economics Forecast Survey [...]
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| Mar 17 2016U.S. Index of Leading Indicators Edges Higher
by:Tom Moeller
|in:Economy in Brief
Global| Mar 17 2016U.S. Initial Unemployment Insurance Claims Rise Modestly
Initial unemployment insurance claims increased to an expected 265,000 during the week ended March 12 from 258,000 in the prior week, revised from 259,000. The expectations figure is from the Action Economics Forecast Survey. The four [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 17 2016Philadelphia Fed Business Conditions Index Improves
The Philadelphia Federal Reserve reported that its General Factory Sector Business Conditions Index improved during March to 12.4 from an unrevised -2.8 in February. It was the first reading above break-even since August and the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 16 2016FOMC Leaves Rate Unchanged; Notes Global Economic Risks & Low Inflation
At today's meeting of the Federal Open Market Committee, the Fed funds rate was left unchanged in the range of 0.25% - 0.50%. The Fed again emphasized that "global economic and financial developments continue to pose risks." It also [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 16 2016U.S. Industrial Production Weakened by Lower Oil Prices and Warm Weather; Factory Output Improves Modestly
Industrial output declined 0.5% (-1.0% y/y) last month following a 0.8% increase during January, revised from 0.9%. A 0.3% decline had been expected in the Action Economics Forecast Survey. The decline in oil prices pulled down output [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 16 2016U.S. CPI Declines With Energy Prices; Core Remains Firm
The Consumer Price Index fell an expected 0.2% during February (+1.0% y/y) following no change in January. A 6.0% decline (-12.5% y/y) in energy prices accounted for the bulk of the downward pressure. Excluding both food & energy, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 15 2016U.S. Business Inventories Tick Higher as Sales Decline
Total business inventories edged up 0.1% m/m (1.8% y/y) during January following no change in December, revised from 0.1%. Total business sales fell 0.4% m/m (-1.1% y/y), the fourth consecutive month of decline. Retail inventories [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 15 2016U.S. Gasoline & Crude Oil Prices Continue to Rise
Regular gasoline prices added to recent gains, and rose last week to $1.96 per gallon (-20.1% y/y) from $1.84 in the prior week. It was the highest price since mid-January, according to the U.S. Department of Energy. The price [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 15 2016U.S. Home Builders Index Remains Unchanged
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo held steady m/m at 58, the lowest level in nine months. The NAHB figures are seasonally adjusted. During the last ten years, there has been [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 15 2016Empire State Factory Sector Activity Index Shows Positive Growth
The Empire State Factory Index of General Business Conditions rebounded strongly this month. The New York index surged to 0.62 from -16.64 in February. It was the first positive reading since July. Expectations had been for -12.0 in [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 15 2016U.S. Retail Sales Are Mixed, As Expected
Retail spending showed little strength in the latest Commerce Department report. Total retail sales & spending at food services eased 0.1% in February (+6.2% y/y) after a 0.4% January decline, last month reported as a 0.2% increase. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Mar 14 2016FIBER: Industrial Commodity Prices Continue to Rise
Recent improvement in factory sector production has strengthened industrial commodity prices. The industrial price index from the Foundation for International Business and Economic Research (FIBER) increased 3.7% during the last four [...]
by:Tom Moeller
|in:Economy in Brief
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