The industrial commodity price index from the Foundation for International Business and Economic Research (FIBER) deteriorated during the last month. Factory sector production so far this year, both total and industrial supplies, has [...]
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| Jul 20 2015FIBER: Industrial Commodity Prices Ease
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 20 2015
FIBER: Industrial Commodity Prices Ease
The industrial commodity price index from the Foundation for International Business and Economic Research (FIBER) deteriorated during the last month. Factory sector production so far this year, both total and industrial supplies, has [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 17 2015
U.S. Housing Starts Strength Reflects Strong Multi-Family Building
Housing starts during June increased 9.8% (26.5% y/y) to 1.174 million (AR) from 1.069 million in May, last month reported as 1.036 million. June's figure exceeded expectations for 1.108 million starts in the Action Economics Forecast [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 17 2015
U.S. CPI Strengthens, Both Total and Core
The consumer price index increased 0.3% during June (0.1% y/y) following an unrevised 0.4% May gain. Prices excluding food & energy improved 0.2% (1.8% y/y) after a 0.1% rise. Both increases matched expectations in the Action [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 16 2015
U.S. Home Builders Index Holds at 2005 High
The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo held steady during July at 60 (+13.2% y/y) versus an upwardly revised June. It was the highest level since November 2005 and exceeded [...]
by:Tom Moeller
|in:Economy in Brief
The Philadelphia Federal Reserve Bank reported that its General Factory Sector Business Conditions Index for July declined to 5.7 from an unrevised 15.2 in June. Expectations were for 12.0 in the Action Economics Forecast Survey. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 16 2015
U.S. Initial Unemployment Insurance Applications Reverse Earlier Increase
Initial claims for unemployment insurance declined to 281,000 (-7.2% y/y) during the week ended July 11 from 296,000 during the prior week, revised from 297,000. The decline reversed all of the prior week's gain and may reflect [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 15 2015
U.S. Industrial Production Shows Limited Improvement
Overall industrial output increased 0.3% during June (1.5% y/y) following an unrevised 0.2% decline. A 0.2% rise in production had been expected in the Action Economics Forecast Survey. Manufacturing sector production was unchanged [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 15 2015
Empire State Factory Sector Index Remains Under Pressure
The Empire State Factory Index of General Business Conditions showed modest improvement this month to 3.86 after its decline to -1.98 in June. The latest figure remained, however, well under the 27.41 peak reached last September. The [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 15 2015
U.S. Producer Price Index Posts Unexpectedly Firm Increase
The overall Final Demand Producer Price Index increased 0.4% during June (-0.7% y/y) following an unrevised 0.5% May rise. A 0.2% gain was expected in the Action Economics Forecast Survey. Prices excluding food & energy also beat [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 14 2015
U.S. Gasoline Prices Increase While Crude Oil Costs Fall Sharply
Gasoline prices increased last week to an average $2.83 per gallon at the pump (-22.0% y/y) and remained higher than the low of $2.04 late in January. Haver Analytics constructs factors adjusting for the seasonal variation in pump [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 14 2015
U.S. Small Business Optimism Deteriorates to 15-Month Low
The National Federation of Independent Business reported that its Small Business Optimism Index declined sharply to 94.1 during June after an unrevised rise to 98.3 in May. The reading was the lowest since March of last year. The [...]
by:Tom Moeller
|in:Economy in Brief
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