The Philadelphia Federal Reserve Bank reported that its General Factory Sector Business Conditions Index for December fell to -5.9, the third negative reading in the last four months. Expectations were for 1.5 in the Action Economics [...]
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| Dec 17 2015Philadelphia Fed Business Conditions Index Deteriorates; New Orders Ease
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 16 2015
FOMC Increases Federal Funds Rate; Suggests More to Come
At today's meeting of the Federal Open Market Committee, the Fed raised the federal funds rate to a target range of 0.25% to 0.50% from 0.00% to 0.25%. The rate had been steady since December 2008, having fallen from a 5.25% high in [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 16 2015
U.S. Industrial Production Declines for a Third Consecutive Month; Factory Output Holds Steady
Overall industrial output fell 0.6% during November (-1.2% y/y) following a 0.4% October decline, revised from -0.2%. The Action Economics Forecast Survey expected a 0.1% fall. A 4.3% decline (-7.6% y/y) in utility output accounted [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 16 2015
U.S. Housing Starts Rebound M/M; Building Permits Reach Five-Month High
Housing starts during November recovered 10.5% to 1.173 million (SAAR) from 1.062 million in October, last month reported as 1.060 million. Starts were 18.5% higher than one year earlier. The latest figure surpassed expectations for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 15 2015
U.S. CPI Remains Unchanged; Core Prices Increase Steadily
The Consumer Price Index was unchanged (0.5% y/y) during November following a 0.2% October rise. Prices excluding food & energy increased 0.2% (2.0% y/y) for the third consecutive month. Both the total and core price figures matched [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 15 2015
U.S. CPI Remains Unchanged; Core Prices Increase Steadily
The Consumer Price Index was unchanged (0.5% y/y) during November following a 0.2% October rise. Prices excluding food & energy increased 0.2% (2.0% y/y) for the third consecutive month. Both the total and core price figures matched [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 15 2015
U.S. CPI Remains Unchanged; Core Prices Increase Steadily
The Consumer Price Index was unchanged (0.5% y/y) during November following a 0.2% October rise. Prices excluding food & energy increased 0.2% (2.0% y/y) for the third consecutive month. Both the total and core price figures matched [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 15 2015
Empire State Factory Sector Activity Improves
The Empire State Factory Index of General Business Conditions improved from its worst level four months ago, although it remained negative. The reading of -4.59 compared to a low of -14.92 in August. The latest figure was near [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 15 2015
U.S. Crude Oil and Natural Gas Prices Decline Sharply
WTI crude oil costs declined to $36.93 per barrel last week (-39.6% y/y), the lowest price since February 2009. They eased further to $36.31 yesterday. Prices were down from the daily high of $113.93 in April 2011. Brent crude oil [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 15 2015
U.S. Home Builders Index Falls Again
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo declined 1.6% to 61 during December after falling 4.6% in November. It was the lowest level in three months and the figure fell short of [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 15 2015
U.S. CPI Remains Unchanged; Core Prices Increase Steadily
The Consumer Price Index was unchanged (0.5% y/y) during November following a 0.2% October rise. Prices excluding food & energy increased 0.2% (2.0% y/y) for the third consecutive month. Both the total and core price figures matched [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 14 2015
FIBER: Industrial Commodity Prices Remain Under Pressure
October's improvement in industrial activity provided no lift to industrial commodity prices. The industrial commodity price index from the Foundation for International Business and Economic Research (FIBER) deteriorated by 1.6% [...]
by:Tom Moeller
|in:Economy in Brief
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