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 [...]
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 11 2016FIBER: Industrial Commodity Prices Improve
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 11 2016
U.S. Initial Claims for Unemployment Insurance Decline to Seven-Week Low
Initial unemployment insurance claims retreated to 269,000 during the week ended February 6 from an unrevised 285,000 in the prior week. The four-week moving average declined to 281,250, yet has been working higher since October. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 10 2016
U.S. Budget Surplus Develops
The U.S. Treasury Department reported a $55.2 billion budget surplus during January versus a $17.5 billion deficit twelve months earlier. Calendar quirks contributed to the improvement. A $16.0 billion surplus had been expected in the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 10 2016
U.S. Home Affordability Is Reduced by Higher Prices
The National Association of Realtors reported that the Composite Index of Home Affordability declined 3.4% during December (-5.4% y/y). For all of 2015, affordability eased 1.1% following a 6.3% drop in 2014. During the last ten [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 10 2016
U.S. Wholesale Inventories and Sales Ease
Inventories at the wholesale level ticked 0.1% lower (+1.8% y/y) during December following a 0.4% November decline, revised from -0.3%. The decline reflected a broad-based 0.3% fall (+0.5% y/y) in durable goods inventories. Lumber & [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 09 2016
U.S. Energy Prices Move Lower
Gasoline prices continued to decline last week and remained at the lowest level since January 2009. The pump price for a gallon of regular gasoline fell to an average $1.76 (-19.7% y/y), down from $1.82 in the prior week, according to [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 09 2016
U.S. JOLTS: Job Openings Rate Increases to Record High
The job market improved greatly last year. The job openings rate increased to 3.8% for the full-year, a record high for the series which dates back to 2000. It improved to 3.8% during December, also a record high, up from 3.4% in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 09 2016
U.S. Small Business Optimism Deteriorates to Two-Year Low
The National Federation of Independent Business reported that its Small Business Optimism Index declined 1.4% during January to 93.9 following a 0.7% December rise. The index was 6.4% below its peak of 100.4 in December 2014. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 08 2016
U.S. Labor Market Conditions Index Growth Deteriorates Sharply
The Labor Market Conditions Index from the Federal Reserve Board includes 19 indicators of labor market activity, covering the broad categories of unemployment and underemployment. These include jobs, workweeks, wages, vacancies, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 05 2016
U.S. Consumer Credit Usage Ramps Up in December; Remains Steady in 2015
Consumer credit outstanding increased $21.3 billion during December following an unrevised $14.0 billion November gain. For all of last year, consumer credit balances grew 6.9% to $3.55 trillion, the same growth as in 2014. Action [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 05 2016
U.S. Payrolls Increase Moderately; Unemployment Rate Declines; Earnings Strengthen
Nonfarm payrolls increased 151,000 during January following gains of 262,000 during December and 280,000 in November. Revisions subtracted a net 2,000 jobs in these two months. Expectations had been for a 198,000 rise in the Action [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Feb 05 2016
U.S. Payrolls Increase Moderately; Unemployment Rate Declines; Earnings Strengthen
Nonfarm payrolls increased 151,000 during January following increases of 262,000 during December and 280,000 in November. These revisions subtracted a net 2,000 jobs. Expectations had been for a 198,000 rise in the Action Economic [...]
by:Tom Moeller
|in:Economy in Brief
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